2024-10-10T17:50:02-05:00 2023-12-31 133597814 SKODY SCOT & CO CPAS PC 520 EIGHTH AVE SUITE 2200 NEW YORK NY 10018 990 2023-01-01 822424613 IMPACT EXPERIENCE INSTITUTE IMPA 6502231330 2323 BROADWAY OAKLAND CA 94612 JENNA NICHOLAS DIRECTOR & C.E.O. 6502231330 2024-10-10 1 1 WILLIAM SKODY P00631754 2129671100 2024-10-10 2023 2024-10-15 13:58:12Z JENNA NICHOLAS 2323 BROADWAY OAKLAND CA 94612 504910 0 X WWW. IMPACT-EXPERIENCE.COM X 2017 DE BUILDS BRIDGES BETWEEN FUNDERS, ARTISTS, ENTREPRENEURS & MARGINALIZED COMMUNITIES. 5 3 6 3 0 0 2630684 307144 120124 177988 3738 19778 0 0 2754546 504910 7811 10000 0 0 408447 722496 0 0 69539 474079 462562 890337 1195058 1864209 -690148 2684579 2022741 24182 3838 2660397 2018903 BUILDS BRIDGES BETWEEN FUNDERS, ARTISTS, ENTREPRENEURS & MARGINALIZED COMMUNITIES. SPEARHEADS BUSINESS CLIMATE FINANCE INITIATIVE, WORKING WITH COMPANIES TO DECARBONIZE CORPORATE FINANCIAL SUPPLY CHAINS WITH A JEDI LENS. 0 0 1006307 10000 177988 WORKING WITH ORGANIZATIONS AND INDIVIDUALS TO ENGAGE AROUND KEY TOPICS OF BIAS REDUCTION AND RACIAL JUSTICE IN CLIMATE, HEALTHCARE, FINANCE AND EDUCATION IN PARTICULAR. 1006307 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 13 0 1 6 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 CA X JENNA NICHOLAS DIRECTOR & CHIEF EXECUTIVE OFFICER 6502231330 2323 BROADWAY OAKLAND CA 94612 JENNA NICHOLAS DIRECTOR & CHIEF EXECUTIVE OFFICER 40.00 X X 180002 0 0 AMANDA GRECO DIRECTOR 2.00 X 1000 0 0 JENNIFER HENDERSON DIRECTOR 1.00 X 0 0 0 RADHIKA SHAH DIRECTOR 1.00 X 0 0 0 WAYNE SILBY DIRECTOR 0.50 X 0 0 0 OLABAYO ALLEN-TAYLOR CHIEF OPERATING OFFICER 40.00 X 171500 0 0 352502 0 0 2 0 1 0 JENNA NICHOLAS 1 LAKESIDE DRIVE OAKLAND CA 94612 CONSULTING 100835 1 307144 307144 PROGRAM SERVICE INCOME 900099 177988 177988 177988 19778 19778 504910 177988 0 19778 X 10000 10000 352502 295641 29651 27210 323463 250087 38263 35113 46531 35808 5725 4998 15150 15150 3000 3000 271919 257508 14411 7724 1806 5918 39323 21431 17892 119158 118876 282 1030 1030 2009 2009 BANK CHARGES 3249 1031 2218 1195058 1006307 119212 69539 512675 754456 921703 958425 5221 1000000 7830 11565 3090 1030 0 2060 242371 291014 2684579 2022741 13566 3838 10616 24182 3838 X 928552 914289 1731845 1104614 2660397 2018903 2684579 2022741 -690148 48654 0 X X 1 X 0 1 0 X 230538 234617 257061 2630684 307144 3660044 230538 234617 257061 2630684 307144 3660044 319376 3340668 28 53 3738 19778 23597 26740 26740 3710381 781383 0.90040 0.92430 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3090 1030 2060 2060 1 THE MILKEN INSTITUTE 1250 FOURTH STREET SANTA MONICA CA 90401 954240775 501(C)(3) 10000 0 TO SUPPORT THE ORGANIZATION'S MISSION. 1 PART I, LINE 2: GRANTS ARE AWARDED BASED ON SPECIFIC CRITERIA AND ARE APPROVED BY THE BOARD COMMITTEE THAT OVERSEES ALL RECIPIENTS OF GRANTS. X 0 0 0 0 0 0 0 0 0 JENNA NICHOLAS DIRECTOR & CHIEF EXECUTIVE OFFICER 180002 0 0 0 0 0 0 0 0 0 180002 0 0 0 OLABAYO ALLEN-TAYLOR CHIEF OPERATING OFFICER 166500 0 5000 0 0 0 0 0 0 0 171500 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FEDERAL FORM 990 WAS PREPARED BY AN OUTSIDE ACCOUNTANT. THE GOVERNING BODY WAS GIVEN A COPY OF THE DRAFT FEDERAL FORM 990 FOR THEM TO REVIEW AND APPROVE BEFORE IT WAS FILED WITH INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C IMPACT EXPERIENCE INSTITUTE HAS A CONFLICT OF INTEREST POLICY AND FOLLOWS THE PROCEDURES CONTAINED IN SUCH POLICY AS SET OUT BELOW. THE BOARD MEMBERS AND OFFICERS ARE FAMILIAR WITH SUCH POLICY: 1. DUTY TO DISCLOSE: IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. 2. DETERMINING WHETHER A CONFLICT OF INTEREST EXISTS: AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. PROCEDURES FOR ADDRESSING THE CONFLICT OF INTEREST: A. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. B. THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE MAY, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. C. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. D. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS OR COMMITTEE MEMBERS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTERESTS, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. 4. VIOLATIONS OF THE CONFLICTS OF INTEREST POLICY A. IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. B. IF, AFTERHEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALLTAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATIONS ARE DISCUSSED AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990, FORM 1023, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OUTSIDE CONTRACTORS: PROGRAM SERVICE EXPENSES 257,508. MANAGEMENT AND GENERAL EXPENSES 14,411. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 271,919. FORM 990. PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.