EIN 83-0699171

Impact Ventures

IRS 501(c) type
501(c)(3)
Num. employees
8
City
State
Year formed
2018
Most recent tax filings
2023-12-01
Description
Impact Ventures empowers under-estimated Women and Communities of Color to build generational wealth through inclusive entrepreneurship, community wealth building, and integrated capital. During 2022, it successfully completed 2 flagship training programs that supported 48 entrepreneurs in creating 177 jobs. Additionally, Impact Ventures made 11 investments of about $500K, which allowed recipients to leverage ~$5M in external capital.
Also known as...
Impact Ventures Accelerator
Total revenues
$1,103,467
2023
Total expenses
$1,104,472
2023
Total assets
$1,388,100
2023
Num. employees
8
2023

Program areas at Impact Ventures

2023 was a year of capacity building and program realignment. We scaled back on our normal program cadence to focus on launching 2 new initiatives. We hosted focus group sessions with industry experts to better inform our new offerings. We successfully completed our first Inclusive Capital Summit with over 235 attendees. We hosted two Tribe Talk events and our very first Mentor Appreciation Breakfast. Our big focus for the year was completing our salesforce data management strategy which would allow the Organization to effectively update, manage, and report our data and metrics to all of our stakeholders. We also moved into a new office space designed to be a resource for our clients as a work and gathering space to build community and get access to more resources. This allowed us to support 47 alumni clients with business planning, financial projections, fundraising, and business development. We also awarded small business grants.

Who funds Impact Ventures

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Dallas FoundationGeneral Support$125,000
The Bank of America Charitable FoundationProgram/operating Support$100,000
RSF Social Finance (RSF)For Bii Cohort Participatory Grantmaking Pool$35,000
...and 5 more grants received

Personnel at Impact Ventures

NameTitleCompensation
Benjamin VannFounder and Chief Executive Officer$152,292
Roy LopezPresident / Secretary$0
Ashford ChancellorTreasurer$0
Ted HillVice President and Secretary$0
MacKenzie CauseySecretary$0

Financials for Impact Ventures

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,088,546
Program services$14,882
Investment income and dividends$14
Tax-exempt bond proceeds$0
Royalty revenue$25
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,103,467

Form 990s for Impact Ventures

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-13990View PDF
2022-122023-11-06990View PDF
2021-122022-11-09990View PDF
2020-122021-11-11990EZView PDF
Data update history
July 10, 2024
Received grants
Identified 3 new grant, including a grant for $125,000 from The Dallas Foundation
January 20, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 20, 2024
Updated personnel
Identified 7 new personnel
December 30, 2023
Used new vendors
Identified 2 new vendors, including , and
December 29, 2023
Received grants
Identified 6 new grant, including a grant for $75,000 from The Bank of America Charitable Foundation
Nonprofit Types
Civic / social organizationsBusiness and community development organizationsCharities
Issues
EducationBusiness and industry
Characteristics
Partially liquidatedTax deductible donationsAccepts online donations
General information
Address
4621 Ross Ave 120
Dallas, TX 75204
Metro area
Dallas-Fort Worth-Arlington, TX
Website URL
impact-ventures.co/ 
Phone
(469) 708-8815
IRS details
EIN
83-0699171
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2018
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
813410: Civic and Social Organizations
Parent/child status
Independent
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