Nonprofit screen
Screen a listLocus Impact Fund
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
- Registered
- Charity type
- 509(a)(1)
$11Mrevenue
FY2024 · +13% in 3 yrs99staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpending
Against similar nonprofits FY2024
Operating margin9.1%
Months of reserve22.8mo
Revenue growth (annualized)+8.0%
Middle half of peersMedianLocus Impact
Where the money goes FY2024 · $9.8M spent
Programs$7.8M80%Management and general$2.0M20%990 FY2024 · Part IX line 25
Nothing to check in the filings
In its favor2
Strong governance
11 of 11 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements.
990 Part VIA history of government grants
Government grants on 8 of its 8 returns, 44% of revenue in FY2024. $67M is traced federal awards from Department of the Treasury.
990 Part VIII · USAspending25funders
$1.1Ma year, last 3 years
75%from its largest funder
Funder’17’18’19’20’21’22’23Cooperative Assistance Fund IncOn and off$600kThompson Charitable FoundationSince FY2021$83k$83k$83kOpportunity Finance NetworkOn and off$200kThe Bank of America Charitable Foundation IncStopped after FY2021$4k$10k$9k$100k$17k–Appalachian Community Capital CorporationOn and off$125kDollar Bank FoundationSince FY2022$50k$50kDonor-advised giftsDonors not disclosed$250k$445k$2.2M$125k9 other fundersUp to $100k a year each$5k$25k$262k$50k$103k$30k
FundedThrough a donor-advised fundStopped