2025-11-14T13:55:00-08:00 2024-12-31 271661785 CMRosen LLC 17440 Dallas Pkwy Ste 218 Dallas TX 75287 990 2024-01-01 830699171 Impact Ventures Accelerator dba Impact Ventures IMPA 4697088815 4621 Ross Ave 120 Dallas TX 75204 Benjamin Vann Founder & CEO 2025-11-14 true true Chad M Rosen CPA P01071321 9728181400 2024 2025-03-06 01:10:19Z Benjamin Vann 4621 Ross Ave 120 Dallas TX 75204 1236522 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. 10 10 6 37 0 1088546 1196511 14882 39683 14 178 25 150 1103467 1236522 40000 82700 0 563838 493714 0 200403 500634 463568 1104472 1039982 -1005 196540 1388100 1750741 550725 728453 837375 1022288 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 682860 82700 114476 During 2024, Impact Ventures continued to advance its charitable mission of reducing barriers to entrepreneurship for underrepresented founders through training, mentorship, and access to capital. The Organization delivered networking events, business education, and capacity-building programs to more than 300 entrepreneurs across North Texas, provided technical assistance and capital readiness services through its accelerator programs, and distributed over $82K in grants and $145K impact investment funding to women- and minority-owned businesses. In 2024, ImpactVentures also launched IV Capital, a Community Development Financial Institution (CDFI) initiative to expand inclusive lending and economic development opportunities for historically excluded communities. 682860 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 true false false false false false false false false false false false false false false false false false true 35 0 true 6 true false false false false false true true false 0 false false false false false false false X 10 10 false false false false false false false true false false false false true true false false false true false false X X Benjamin Vann 4697088815 4621 Ross Ave 120 Dallas TX 75204 Benjamin Vann Founder & CEO 40.00 0.00 X 168333 0 0 Ashford Chancellor Treasurer 1.00 0.00 X X 0 0 0 Roy Lopez President 1.00 0.00 X X 0 0 0 Drexel Owusu Secretary 1.00 0.00 X X 0 0 0 Oliver L Simms III Director 1.00 0.00 X 0 0 0 Annika Cail Director 1.00 0.00 X 0 0 0 Greer Christian Director 1.00 0.00 X 0 0 0 Ted Hill Vice President 1.00 0.00 X X 0 0 0 John Jaggers Director 1.00 0.00 X 0 0 0 Ben Magill Director 1.00 0.00 X 0 0 0 Krystian Reyes Director 1.00 0.00 X 0 0 0 Kelly Spillane Director 1.00 0.00 X 0 0 0 168333 1 false true false 0 300000 896511 1196511 Conference fees 541610 4451 4451 Consulting Services 541610 29998 29998 Program loan interest/fee 525990 5234 5234 39683 178 178 0 0 150 150 150 150 0 0 0 0 0 1236522 39683 328 X 82700 82700 0 0 0 168333 75750 16833 75750 0 283753 187557 13947 82249 0 5595 3698 275 1622 36033 21369 2361 12303 0 13175 13175 9576 9576 0 0 0 119612 64211 53918 1483 4702 3793 649 260 14097 6200 7897 44534 28579 15955 0 160004 120003 16000 24001 11732 10234 828 670 0 72628 64798 6193 1637 6229 93 6136 0 4063 4063 1040 1040 Professional development 1481 700 781 Business expenses 695 267 428 0 1039982 682860 156719 200403 615527 128404 103 460274 46150 306000 0 0 0 0 0 0 31105 9987 8820 21118 0 0 717500 834945 0 0 1388100 1750741 2598 28452 548127 700001 550725 728453 X 837375 1022288 837375 1022288 1388100 1750741 X 196540 -11627 X false false false X 183315 737536 972544 1088546 1196511 4178452 0 0 183315 737536 972544 1088546 1196511 4178452 1908384 2270068 1 9 19 39 328 396 0 0 4178848 104788 0.54320 0.53230 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 17957 17957 13148 9987 3161 21118 834945 true 316 Collection 4550 Sunbelt Dr Addison TX 75001 820686829 10000 0 Small business incubation A Holistic Therapy Group LLC 4514 Cole Ave 600 Dallas TX 75205 844763822 7500 0 Small business incubation Dream Perf Fitness Studio 6707 Meadowbrook Dr Fort Worth TX 76112 832676909 10000 0 Small business incubation Lumin Diagnostic Services LLC 1636 North Hampton Rd 104 DeSoto TX 75115 861700622 10000 0 Small business incubation 0 4 Grantmaker's Description of How Grants are Used Recipients are required to provide quarterly survey responses describing how funds were used. X X false false false false false false false false false Benjamin Vann Founder & CEO 168333 168333 Form 990, Part VI, Section A, Line 8b There are no committees with authority to act on behalf of the Board of Directors. Form 990, Part VI, Section B, Line 11b This Form 990 was provided to the CEO via email for their review before filing. Form 990, Part VI, Section B, Line 15a At the end of 2023, the Board of Directors met to consider and approve a range for the CEO's compensation in 2024. During the deliberations, wages of industry leaders in various online hubs such as salary.com and ziprecruiter.com, and as reported on Forms 990 of similar organizations, were considered. Form 990, Part VI, Section B, Line 15b No other officers are compensated, and there are no "key employees." Form 990, Part VI, Section C, Line 19 These are available at Guidestar.org and upon request. Form 990, Part XI, Line 9 Prior period adjustment (no material effect on Sch. A) = -$11627