68
New Impact Fund
Community Development · Minneapolis, Minnesota
5922 Excelsior Blvd, Minneapolis, MN 55416-2811
EIN: 465187324· Founded: Sep 2014· 12 years active· Filing Year: 2023
Annual Revenue
$950K
Total Expenses
$374K
Total Assets
$1.3M
Program Spending
111%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$149K
39.8% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
Not reported
Total Payroll
$149K
40% of total expenses
Where the Money Goes
100%
Programs: 100%
Payroll: 40%
Other overhead: -11%
Program Revenue$414K (44%)
Total Expenses$374K (39%)
Payroll$149K (40%)
Overhead (non-program)-11%
Trust Score Breakdown
Program Spending Ratio
111% of expenses go to programs
Revenue & Stability
$950K annual revenue
Executive Compensation
$149K total officer comp (39.8% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$1.3M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.