Impact Network Inc
Detroit, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Average
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $7,234,588↓2% | $9,799,930↑75% | $14,626,200↑148% | — |
| 2022 | $7,419,746↑18% | $5,608,559↑22% | $5,895,178↑48% | — |
| 2021 | $6,302,531↑40% | $4,595,086↑8% | $3,972,602↑46% | — |
| 2020 | $4,507,522 | $4,270,833↑1% | $2,720,984↑17% | — |
| 2019 | $4,524,591↑25% | $4,247,767↑14% | $2,317,174↑38% | — |
| 2018 | $3,621,204↑8% | $3,729,843↑9% | $1,675,610↑22% | — |
| 2017 | $3,348,809↑34% | $3,431,549↑54% | $1,372,455↑128% | — |
| 2016 | $2,498,096↑56% | $2,230,006↓10% | $603,078↑39% | — |
| 2015 | $1,600,717 | $2,478,924↓6% | $435,381↑25% | — |
| 2014 | $1,595,933↓4% | $2,636,663↑30% | $347,199↑22% | — |
| 2013 | $1,666,873↑33% | $2,034,963↑20% | $283,442↓23% | — |
| 2012 | $1,251,394↑26% | $1,689,363↓2% | $366,198↑166% | — |
| 2011 | $989,858 | $1,719,069 | $137,897 | — |
Frequently Asked Questions
What does Impact Network Inc do?▼
Impact Network Inc is a religion-related nonprofit organization based in Michigan. It is classified under NTEE code X82 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Impact Network Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Impact Network Inc has a score of 46/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Impact Network Inc generate?▼
Impact Network Inc reports $7.6M in annual revenue and holds $13.0M in total assets, based on IRS filings.
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