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Impact Financials

Providing the daily necessities, shelter, and support services to a minimum of 65 men each year as they work toward transitioning into their own homes, as well as operating DESERVE’s double wheelchair accessible van five days a week, and providing all the educational programs at ACE is a costly endeavor. The community has been very generous with their time, talents, and treasures, and as a result at least half of what we have needed to accomplish our daunting mission in years passed has been given in-kind through churches and individuals providing food, municipal authorities and businesses providing rent, volunteers driving the DESERVE van, gift certificates for gasoline and automotive maintenance, clothing, textbooks, paper, audio-visual equipment, etc.  

 

Impact West GA prides itself on being a financially accountable organization while being responsible stewards of the gifts we receive.  In 2016, we earned GuideStar Exchange’s Platinum level based on our 2015 financial and transparency practices.  We commit to annually provide GuideStar with our financial information so that donors will know that their gifts are being responsibly and ethically handled.  

 

Below, you will see a general overview of how funds were spent in 2014.  Impact undergoes a financial review each year and submits the IRS mandated Form 990. As a 501(c)3 nonprofit organization, our Form 990 is public record, but these detailed financial records can sometimes be confusing. If you have any questions regarding our financials, please feel free to contact Charlene League, Community and Development Director, (770) 834-4007 or cleague@impactwestga.org.

 

Impact is proud that we exceed the industry benchmark: 75% of budget is for programs and services.  Since Impact began in 2004, our average is 90% (that's 90 cents of every dollar) goes toward our programs and services: serving veterans, homeless men, and the students of ACE.  In 2014, Impact moved into a new chapter.  Our programs and services drastically increased and we hired our first, full-time paid employee.  Yet, we accomplished our goal of staying well above the industry standard!  2015 saw even more growth and two additional staff members. We remain committed to our current trend and will continue to stay above the industry standard in years to come.    

 

2014 Financial Overview of Expenditures:

Programs and Services (HOPE, DESERVE, ACE) - $151,976

Management and General Expenses, not directly program or service - $26,232

Fundraising Expenses - $3,700

Total - $181,908

Impact West GA

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