2025-11-14T12:09:30-06:00 2024-12-31 593186310 THOMAS HOWELL FERGUSON PA 2615 CENTENNIAL BLVD SUITE 200 TALLAHASSEE FL 32308 990 2024-01-01 873938296 GARNET IMPACT INC GARN 4072340974 3551 BLAIRSTONE RD STE 128-277 TALLAHASSEE FL 32301 WILL COWEN PRESIDENT 4072340974 2025-10-31 1 0 STACEY T KOLKA P01371120 8506688100 2024 2025-03-06 01:10:19Z X WILL COWEN 2804062 0 X HTTPS://RISINGSPEAR.COM/ X 2022 FL DESIGNED TO EMPOWER FSU STUDENT-ATHLETES TO POSITIVELY IMPACT UNDERSERVED COMMUNITIES IN THE TALLAHASSEE AREA. 5 5 3 5 0 0 2251430 2795671 0 0 1800 20 300 8371 2253530 2804062 1980684 2619906 0 0 150763 154867 0 0 0 275542 155947 2406989 2930720 -153459 -126658 254782 91567 36689 132 218093 91435 DESIGNED TO EMPOWER FSU STUDENT-ATHLETES TO POSITIVELY IMPACT UNDERSERVED COMMUNITIES IN THE TALLAHASSEE AREA. 0 0 2619906 2619906 THE ORGANIZATION HAS PROVIDED 2,500+ HOURS OF LOCAL, REGIONAL, AND NATIONAL NIL ACTIVATION OPPORTUNITIES AND APPEARANCES FOR OVER 250 STUDENT-ATHLETES. THROUGH THE ORGANIZATION, FSU STUDENT-ATHLETES CAN OPTIMIZE THEIR BRAND AND ACCESS MONETIZATION OPPORTUNITIES IN COOPERATION WITH DONORS, BUSINESSES, AND COMMUNITY PARTNERS. CURRENTLY, THE ORGANIZATION IS SERVING STUDENT-ATHLETES FROM: BASEBALL, BASKETBALL, CHEERLEADING, BEACH VOLLEYBALL, SOCCER, SOFTBALL, TENNIS, VOLLEYBALL, SWIMMING AND DIVING. THE ORGANIZATION IS AN APPROVED NON-PROFIT ORGANIZATION. 2619906 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 3 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 1 0 0 0 1 1 1 0 0 0 1 1 1 1 1 1 0 0 FL X THE ORGANIZATION 4072340974 3551 BLAIRSTONE RD STE 128-277 TALLAHASSEE FL 32301 ED BURR PRESIDENT 2.00 X X 0 0 0 KEN CASHIN DIRECTOR 2.00 X 0 0 0 DERRICK BROOKS DIRECTOR 2.00 X 0 0 0 BRIAN MURPHY DIRECTOR 2.00 X 0 0 0 BRIAN PHILPOT DIRECTOR 2.00 X 0 0 0 WILL COWEN CEO 40.00 X 99744 0 0 99744 0 0 0 0 0 0 0 2795671 35666 2795671 20 20 MISCELLANEOUS 900999 8371 8371 8371 2804062 8371 0 20 2619906 2619906 99744 99744 14468 14468 40655 40655 44613 44613 32957 32957 57000 57000 6740 6740 2973 2973 MEALS & ENTERTAINMENT 11664 11664 2930720 2619906 310814 0 218475 91567 36307 0 254782 91567 36689 132 36689 132 X 218093 91435 218093 91435 254782 91567 -126658 0 X 0 1 X 0 0 X 1179365 2251430 2795671 6226466 1179365 2251430 2795671 6226466 2654036 3572430 80 1800 20 1900 300 8371 8671 6237037 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2023 AMOUNT: $ 300. 2024 AMOUNT: $ 8,371. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 2804062 0 2804062 0 2804062 2930720 0 2930720 0 2930720 PART X, LINE 2: THE COMPANY IS SUBJECT TO TAX EXAMINATIONS BY MAJOR TAX JURISDICTIONS THROUGH THE YEAR ENDED DECEMBER 31, 2021 (THE YEAR OF INCORPORATION). 1 ASSISTANCE TO STUDENT-ATHLETES 139 2619906 PART I, LINE 2: THE ORGANIZATION HAS AN INTERNAL COMMITTEE THAT REVIEWS THE GRANT EXPENDITURES FOR COMPLIANCE WITH STATED REQUIREMENTS. X 4 35666 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 ON MAY 13, 2024, THE ORGANIZATION CHANGED ITS NAME FROM RISING SPEAR GARNET SPIRIT, INC TO GARNET IMPACT, INC. FORM 990, PART VI, SECTION A, LINE 7B ALL MOTIONS MUST BE BROUGHT FORWARD TO THE BOARD AND APPROVED. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 AND ACCOMPANYING SCHEDULES ARE PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. THE ORGANIZATION REVIEWS THE FORM 990 AND ACCOMPANYING SCHEDULES. ALL QUESTIONS AND ISSUES ARE RESOLVED WITH THE INDEPENDENT ACCOUNTING FIRM PRIOR TO FILING WITH THE INTERNAL SERVICE CENTER. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY THAT REQUIRES THE OFFICERS, DIRECTORS, CHIEF EMPLOYED EXECUTIVE, AND CHIEF EMPLOYED FINANCE EXECUTIVE TO ANNUALLY DISCLOSE POTENTIAL CONFLICTS OF THEMSELVES AND THEIR FAMILY MEMBERS ON A FORM DISTRIBUTED BY THE ENTITY. THE PRESIDENT OF THE BOARD ENSURES THAT ALL FORMS ARE COMPLETED, REVIEWS THEM FOR CONFLICTS, AND SUBMITS TO THE BOARD FOR REVIEW OF ANY ACTUAL OR POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION HAS A COMPENSATION COMMITTEE COMPRISED OF BOARD MEMBERS THAT MEET AT LEAST ANNUALLY. ALL COMPENSATION PACKAGES ARE APPROVED DURING THE BUDGET PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS THREE MOST CURRENT YEARS OF FORM 990 AND ITS FORM 1023 AVAILABLE UPON REQUEST. NO OTHER DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC. REGULATION SECTION 1.263(A)-1(F) - DE MINIMIS SAFE HARBOR ELECTION TAXPAYER NAME: GARNET IMPACT, INC. TAXPAYER ADDRESS: 3130 RUE ROYALE, TALLAHASSEE, FL 32308 TAXPAYER ID NUMBER: 87-3938296 YEAR-END: 12/31/24 UNDER IRC REGULATION SECTION 1.263(A)-1(F), THE TAXPAYER HEREBY ELECTS TO APPLY THE DE MINIMIS SAFE HARBOR ELECTION.