Nonprofit screen
Screen a listGarnet Impact Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$2.8Mrevenue
FY20243staff
3 of 3years filed
’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−4.5%
Months of reserve0.4mo
Revenue growth (annualized)+54.2%
Middle half of peersMedianGarnet Impact
Where the money goes FY2024 · $2.9M spent
Programs$2.6M89%Management and general$311k11%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$153k in FY2023 and −$127k in FY2024. Cash covers 0.4 months, under the peer median of 5.5.
990 Part I and balance sheetIn its favor2
Strong governance
5 of 5 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements.
990 Part VIGrowing faster than peers
Revenue up 54% a year since FY2022, in the top quarter of similar nonprofits.
990 Part I · peer cohort3funders
$26ka year, last 1 years
78%from its largest funder
Funder’23Donor-advised giftsDonors not disclosed$26k
FundedThrough a donor-advised fund