2022-11-09T18:19:57-08:00 2021-12-31 271661785 CMRosen LLC 17440 Dallas Pkwy Ste 218 Dallas TX 75287 990 2021-01-01 830699171 Impact Ventures Accelerator dba Impact Ventures IMPA 4697088815 1808 S Good Latimer Expy Dallas TX 75226 Benjamin Vann Founder & CEO 2022-11-09 true Benjamin Vann 999009999 Chad M Rosen CPA P01071321 9728181400 2 AAL1 IAL1 FAL1 2021 2022-09-23 18:48:47Z Benjamin Vann 1808 S Good Latimer Expy Dallas TX 75226 756802 false X https://impact-ventures.co X 2018 TX To empower talented, yet under-estimated Women and Communities of Color to build generational wealth through inclusive entrepreneurship, community wealth building, and integrated capital. 12 12 0 168 0 737536 19257 9 0 756802 41500 0 109250 0 83995 190799 341549 415253 95866 734747 281 218596 95585 516151 To empower talented, yet under-estimated Women and Communities of Color to build generational wealth through inclusive entrepreneurship, community wealth building, and integrated capital. false false 239975 41500 19257 In 2021, Impact Ventures supported 84 companies and 120 underestimated women and BIPOC entrepreneurs through its flagship accelerator program. Founders received over 4,173 hours of training, mentorship, and technical assistance from the support of 168 mentors. Impact Ventures awarded 8 grants in the amount of $42,500, made 6 general investments totaling $100,000, obtained 16 new patents, copyrights, or trademarks, and created 133 jobs. Impact Ventures also launched the first of its kind, Integrated Capital Fund. Impact Ventures made 2 investments totaling $200,000 from the fund. Impact Ventures also hosted a series of community events and workshops to impact over 500 people. 239975 true true false false false false false false false false true false true false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false true 15 0 true 0 false false false false false false false 0 false false false false false false false X 12 12 false false false false false false false true false false false false true true false false false true false false X Benjamin Vann 4697088815 1808 S Good Latimer Expy Dallas TX 75226 Benjamin Vann Founder & CEO 40.00 0.00 X 109250 0 0 Pamela Zeigler-Petty Director 2.00 0.00 X 0 0 0 Drexel Owusu Director 2.00 0.00 X 0 0 0 Mackenzie Causey Secretary 2.00 0.00 X X 0 0 0 Taylor Ready Director 2.00 0.00 X 0 0 0 Tia Bradley Director 2.00 0.00 X 0 0 0 Greer Christian Board Chair 5.00 0.00 X X 0 0 0 Ted Hill Vice President 2.00 0.00 X X 0 0 0 Stephone Coward Director 2.00 0.00 X 0 0 0 Ben Magill Director 2.00 0.00 X 0 0 0 Laci McKinney Director 2.00 0.00 X 0 0 0 Nancy St Jacobs Director 2.00 0.00 X 0 0 0 Marty Martinez Director 5.00 0.00 X 0 0 0 109250 1 false false false 0 3096 734440 737536 Accelerator fees 541610 11141 11141 Consulting fees 541610 5650 5650 Speaking fees 541610 500 500 Workshop fees 541610 1966 1966 19257 9 9 0 0 0 0 0 0 0 0 756802 19257 9 X 41500 41500 0 0 0 109250 43700 10925 54625 0 0 0 0 0 0 0 0 0 0 0 164272 139742 24530 523 38 485 1774 1232 542 5381 1420 3761 200 0 1491 1491 3160 1654 16 1490 0 1219 985 84 150 0 0 141 141 270 270 Professional development 5000 2000 3000 Business expenses 4147 4147 Other supplies and materials 3421 3416 5 0 341549 239975 17579 83995 94398 391716 46 26750 1000 15000 0 0 0 0 0 0 1422 141 422 1281 0 0 300000 0 0 95866 734747 96 18500 281 200000 281 218596 X 95585 516151 95585 516151 95866 734747 X 415253 5313 X false false false X 10461 24602 183315 737536 955914 0 0 10461 24602 183315 737536 955914 477256 478658 1 9 10 0 0 955924 30828 X 0.00000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1422 141 1281 1281 300000 true Funky Mello LLC 3400 Comsouth Dr Austin TX 78744 851548070 10000 0 Small business incubation The Good Jerky PO Box 79375 Saginaw TX 76179 834132953 15000 0 Small business incubation 0 2 Grantmaker's Description of How Grants are Used Recipients are required to provide quarterly survey responses describing how funds were used. Form 990, Part VI, Line 11b: Form 990 Review Process This Form 990 was provided to several Directors via email for their review before filing. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management The Board of Directors met to consider and approve the CEO's compensation in 2020, which remained unchanged during 2021. During the deliberations, wages of industry leaders in various online hubs such as salary.com and ziprecruiter.com were considered. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees There are no such individuals. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available These are available upon request. Other Changes In Net Assets Or Fund Balances - Other Increases Prior period adjustment (no material effect on Sch. A) = $5313