EIN 84-4671011

New Impact

IRS 501(c) type
501(c)(3)
Num. employees
4
Year formed
2020
Most recent tax filings
2023-12-01
Description
New Impact is a company that seeks to change the way the world finds opportunities and solves problems. They work to forge tri-sector innovation and unleash massive global resources for economic, social, and environmental progress. They have created and ran an internship with UW and Seattle Foundation focused on finding innovation opportunities to help with economic recovery from COVID-19. Led 10-week innovation-with-impact process using NewImpact's suite of tools and resources. They are located in Seattle, WA.
Total revenues
$314,007
2023
Total expenses
$313,204
2023
Total assets
$39,527
2023
Num. employees
4
2023

Program areas at New Impact

Concentric advisors tri-sector innovation workshop:newimpact designed a four-hour interactive workshop, slated for delivery in january 2024, tailored for the team at concentric services, a private sector security advisor and services provider. The half-day session will revolve around generating innovations aligned with concentric's objectives through the tsi framework, pushing boundaries and uncovering New opportunities.the workshop includes an introduction to tsi, exploration of potential Impact areas beyond current perspectives, deep dives into real company challenges, collaborative brainstorming for cross-sector opportunities, and identification of resources and model design to expand possibilities.this initiative reflects newimpact's dedication to fostering innovative thinking within the private sector. The allocated funds will cover essential workshop logistics, materials, and tools, ensuring a transformative and impactful session for concentric services.
Wiki database:project to create a free and open online catalog/directory of information about organizations, resources and datasets organized by geographies (hq and regions served) and Impact, and an interactive visualization wiki data. It surfaces resources contained within related organizations to be used for innovation around the identified opportunities. Data are organized by un sdgs, spi, and other Impact frameworks as desired.
Notley tri-sector innovation workshop:newimpact designed and delivered a targeted three-hour tri-sector innovation (tsi) workshop for impact-oriented businesses in the notley network across austin, san antonio, denver, and columbus. The session aimed to help organizations address challenges, enhance Impact, and thrive in their markets.guided by responses to a pre-workshop survey, the session-design allowed focus on each organization's specific challenges and interests. Participants tackled key business and Impact questions, learning to strengthen their business models and integrate profit and purpose through tsi. The workshop introduced the tsi mindset, process, and tools, enabling organizations to repurpose resources across sectors for increased customer reach, value delivery, competitive advantage, sustainable growth, funding, and overall impact.beyond theoretical learning, participants engaged hands-on with tsi concepts, collaborating with newimpact and fellow notley network members. Practical application was facilitated using the tsi canvas exploratory innovation tool and other innovation tools.this initiative reflects newimpact's commitment to fostering impactful change through helping organizations unite profit and purpose and thrive. Allocated funds covered essential workshop logistics, materials, and tools, ensuring a successful and enriching experience.
Blue ridge labs tri-sector innovation workshop:newimpact developed and led a targeted 2-hour workshop for impact-centered start-ups in the blue ridge labs accelerator, focused on fortifying their business models. Emphasizing tri-sector innovation's key concepts, resources, sectors, and self-interests newimpact trained and advised cohorts in building stronger and more impactful business models. Post-workshop, newimpact provided further support through a follow-up presentation and team-coaching session. Individual on-demand office hours were provided for tailored mentorship, aiming to elevate Impact and effectiveness for each team.this initiative reflects newimpact's commitment to fostering the development and sustainability of social Impact start-ups. Financial allocations covered workshop logistics, materials, coaching, and administrative needs.

Who funds New Impact

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
WinWin CollectiveTo Further and Support New Impact's Work, Build Tools, Spread the Mission and Initiate Trisector Business Models.$143,250
Morgridge Family FoundationCommunity Food Utility Advisory Support$70,000

Personnel at New Impact

NameTitleCompensation
Jens MolbakPresident$0
Monica PriceDirector , Innovation Strategy Consulting Team$104,004
Beth RobertsSenior Product Manager
Roby WongAssociate Product Manager
Robert LillenessDirector , Secretary and Treasurer$0
...and 1 more key personnel

Financials for New Impact

RevenuesFYE 12/2023
Total grants, contributions, etc.$302,600
Program services$10,000
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
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$1,407
Total revenues$314,007

Form 990s for New Impact

Fiscal year endingDate received by IRSFormPDF link
2023-122024-06-11990View PDF
2022-122023-11-13990View PDF
2021-122022-11-14990View PDF
2020-122021-10-19990View PDF

Organizations like New Impact

OrganizationLocationRevenue
Spring EnrichmentHouston, TX$706,381
Forge GreensboroGreensboro, NC$448,207
Navigation GamesCambridge, MA$146,438
Challenge DetroitRoyal Oak, MI$381,667
Aire VenturesMiami, FL$137,078
Groover LabsWichita, KS$496,050
University of OrangeOrange, NJ$534,438
Breakthrough CincinnatiCincinnati, OH$743,673
Summit Education InitiativeAkron, OH$1,186,745
Austin AspiresAustin, MN$616,744
Data update history
January 3, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 3, 2024
Updated personnel
Identified 2 new personnel
January 3, 2024
Received grants
Identified 1 new grant, including a grant for $70,000 from Morgridge Family Foundation
July 15, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 5, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Business and community development organizationsEducational service providersCharities
Issues
EducationCommunity improvement
Characteristics
State / local levelTax deductible donationsAccepts online donations
General information
Address
4111 E Madison St 56
Seattle, WA 98112
Metro area
Seattle-Tacoma-Bellevue, WA
County
King County, WA
Website URL
newimpact.care/ 
Phone
(425) 398-5103
IRS details
EIN
84-4671011
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2020
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S20: Community, Neighborhood Development, Improvement
NAICS code, primary
611710: Educational Support Services
Parent/child status
Independent
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