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IMPACT AMERICA INC: Form 990EZ, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
IMPACT AMERICA INC (EIN 84-3552260)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-11-15
IRS object ID
202423209349204767
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-11-15T11:48:19-06:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN410746749PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CLIFTONLARSONALLEN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line115303 N DALLAS PARKWAY SUITE 1400AddressLine1Txt
CityADDISONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75001ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN843552260EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1IMPACT AMERICA INCBusinessNameLine1Txt
Business Name Line2DBA LION'S DEN DFWBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlIMPABusinessNameControlTxt
Phone2147554734PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1900 JACKSON ST SUITE B150AddressLine1Txt
CityDALLASCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75202ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonR EDWIN PEARCEPersonNm
Person TitlePRESIDENT & CEOPersonTitleTxt
Phone2147554734PhoneNum
Signature2024-11-11SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonALLISON BROWNPreparerPersonNm
PTINP01603075PTIN
Phone9723835700PhoneNum
Preparation2024-11-07PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Website AddressWWW.THELIONSDENDFW.ORGWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$154,782GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$105,314ContributionsGiftsGrantsEtcAmt
Program Service Revenue$46,358ProgramServiceRevenueAmt
Membership Dues$3,110MembershipDuesAmt
Total Revenue$154,782TotalRevenueAmt
Grants And Similar Amounts Paid$9,100GrantsAndSimilarAmountsPaidAmt
Salaries Other Comp Empl Bnft$40,000SalariesOtherCompEmplBnftAmt
Fees And Other Pymt To Ind Cntrct$55,370FeesAndOtherPymtToIndCntrctAmt
Occupancy Rent Utlts And Maint$413OccupancyRentUtltsAndMaintAmt
Printing Publications Postage$24PrintingPublicationsPostageAmt
Other Expenses Total$42,478OtherExpensesTotalAmt
Total Expenses$147,385TotalExpensesAmt
Excess Or Deficit For Year$7,397ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$122,669NetAssetsOrFundBalancesBOYAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Net Assets Or Fund Balances EOY$130,066NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$124,334BOYAmt
EOY$136,842EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$1,897EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$124,334BOYAmt
EOY$138,739EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,665BOYAmt
EOY$8,673EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$122,669BOYAmt
EOY$130,066EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
Primary Exempt PurposeTHE LION'S DEN DFW WAS CREATED TO FUEL THE EXPANSION OF THE KINGDOM ECONOMY THROUGH INVESTING IN TRANSFORMATIVE ENTREPRENEURSHIP. THROUGH OUR YEARLY CONFERENCE AND PITCH COMPETITION, WE CONNECT AND EQUIP BUSINESS LEADERS TO USE THEIR WEALTH AND EXPERIENCE TO CHANGE THE WORLD AND CREATE A TREMENDOUS IMPACT. OUR GOAL IS TO FACILITATE VALUE-ALIGNED INVESTMENTS BY CONNECTING CHRIST-CENTERED ENTREPRENEURS WITH INVESTORS.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp

FieldValueIRS element (for citing)
Description Program Srvc AccomTHE ORGANIZATION HOSTS AN ANNUAL CONFERENCE AND PITCH COMPETITION EACH YEAR IN THE SPRING CONNECTING CHRISTIAN ENTREPRENEURS WITH LIKE-MINDED CHRISTIAN BUSINESS INVESTORS. IN 2023, A TOTAL OF 375 PEOPLE REGISTERED AND ATTENDED THE CONFERENCE.DescriptionProgramSrvcAccomTxt
Grants And Allocations$9,100GrantsAndAllocationsAmt
Program Service Expenses$24,824ProgramServiceExpensesAmt
FieldValueIRS element (for citing)
Total Program Service Expenses$24,824TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (5 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
R EDWIN PEARCE
PRESIDENT, CEO25.00$30,000$0$0
DOUG WILLIAMSON
DIRECTOR OF OPERATIONS30.00$10,000$0$0
KURT KNAPTON
BOARD MEMBER5.00$0$0$0
SHEEBA PHILIP
BOARD MEMBER10.00$0$0$0
DONALD VIPPERMAN
BOARD MEMBER5.00$0$0$0
FieldValueIRS element (for citing)
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not Rpt0ChgMadeToOrgnzngDocNotRptInd
Organization Had UBI0OrganizationHadUBIInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Direct Indirect Pltcl Expend$0DirectIndirectPltclExpendAmt
Made Loans To From Officers0MadeLoansToFromOfficersInd
Tax Imposed Under IRC4911$0TaxImposedUnderIRC4911Amt
Tax Imposed Under IRC4912$0TaxImposedUnderIRC4912Amt
Tax Imposed Under IRC4955$0TaxImposedUnderIRC4955Amt
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
Tax Imposed On Organization Mgr$0TaxImposedOnOrganizationMgrAmt
Tax Reimbursed By Organization$0TaxReimbursedByOrganizationAmt
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
States Where Copy Of Return Is FldTXStatesWhereCopyOfReturnIsFldCd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1R EDWIN PEARCEBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1900 JACKSON STREET STE B150AddressLine1Txt
CityDALLASCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75202ZIPCd
FieldValueIRS element (for citing)
Phone2147554734PhoneNum
FieldValueIRS element (for citing)
Foreign Financial Account0ForeignFinancialAccountInd
Foreign Office0ForeignOfficeInd
Donor Advised Fnds0DonorAdvisedFndsInd
Operate Hospital0OperateHospitalInd
Tanning Services Provided0TanningServicesProvidedInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
School Operating0SchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (1)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$21,375CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$14,500CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$37,800CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$61,625CurrentTaxYearMinus1YearAmt
Current Tax Year$108,424CurrentTaxYearAmt
Total$243,724TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$21,375CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$14,500CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$37,800CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$61,625CurrentTaxYearMinus1YearAmt
Current Tax Year$108,424CurrentTaxYearAmt
Total$243,724TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$49,468SubstantialContributorsTotAmt
Public Support Total170$194,256PublicSupportTotal170Amt
Total Support$243,724TotalSupportAmt
Gross Receipts Rltd Activities$178,083GrossReceiptsRltdActivitiesAmt
Public Support CY1700.79700PublicSupportCY170Pct
Public Support PY1700.64650PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAIDACTIVITY CLASSIFICATION: . GRANTEE NAME: CHRISTIAN WORLDVIEW FILM FESTIVAL. GRANTEE ADDRESS: 2201 WHISPERING PINES RD ALBANY, GA 31707. GRANTEE RELATIONSHIP: N/A. DATE OF GIFT: 03/31/23. AMOUNT GIVEN: 2,000.
FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAIDACTIVITY CLASSIFICATION: . GRANTEE NAME: LA FRONTERA HOSPITALITY, LLC. GRANTEE ADDRESS: 3000 MOUNTAIN CREEK PKWY DALLAS, TX 75211. GRANTEE RELATIONSHIP: N/A. DATE OF GIFT: 05/03/23. AMOUNT GIVEN: 100.
FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAIDACTIVITY CLASSIFICATION: . GRANTEE NAME: MONICA MOTIVATES. GRANTEE ADDRESS: 517 VALLEY WOODS CIRCLE SE CONYERS, GA 30094. GRANTEE RELATIONSHIP: N/A. DATE OF GIFT: 08/25/23. AMOUNT GIVEN: 3,500.
FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAIDACTIVITY CLASSIFICATION: . GRANTEE NAME: CEDARWORKS. GRANTEE ADDRESS: 4219 OLD BROOK LN MOUNTAIN BROOK, AL 35243. GRANTEE RELATIONSHIP: N/A. DATE OF GIFT: 10/17/23. AMOUNT GIVEN: 2,000.
FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAIDACTIVITY CLASSIFICATION: . GRANTEE NAME: DALLAS BAPTIST UNIVERSITY. GRANTEE ADDRESS: 3000 MOUNTAIN CREEK PKWY DALLAS, TX 75211. GRANTEE RELATIONSHIP: N/A. DATE OF GIFT: 10/31/23. AMOUNT GIVEN: 1,500. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 9,100.
FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSESDESCRIPTION: ANNUAL CONFERENCE EXPENSES. AMOUNT: 15,724. DESCRIPTION: BANK & CREDIT CARD FEES. AMOUNT: 4,137. DESCRIPTION: CONTINUING EDUCATION EXPENSES. AMOUNT: 65. DESCRIPTION: DUES & SUBSCRIPTIONS EXPENSES. AMOUNT: 428. DESCRIPTION: COMPUTER AND IT EXPENSES. AMOUNT: 4,472. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 1,256. DESCRIPTION: TRAVEL EXPENSES. AMOUNT: 15,428. DESCRIPTION: ADVERTISING EXPENSES. AMOUNT: 203. DESCRIPTION: PAYROLL TAXES. AMOUNT: 765. TOTAL TO FORM 990-EZ, LINE 16: 42,478.
FORM 990-EZ, PART II, LINE 24 - OTHER ASSETSDESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,257. DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 640.
FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIESDESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 1,665. END OF YEAR AMOUNT: 6,155. DESCRIPTION: PAYROLL TAX PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 2,518.

Transfer Prsnl Bnft Contracts Decl TransferPrsnlBnftContractsDecl

FieldValueIRS element (for citing)
DeclarationTHE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.DeclarationDesc

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