Nonprofit · EIN 46-3594732
REALIZE IMPACT
Tax-exempt · BAINBRIDGE IS, WA 98110
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $22,238,411 | $9,741,398 | $12,497,013 | $33,404,486 | $16,426 | $33,388,060 |
| December 31, 2023 | 990 | $14,692,445 | $7,238,977 | $7,453,468 | $21,259,674 | $163,141 | $21,096,533 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $21,602,703
- Program service revenue
- $405,624
- Investment income
- $230,084
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $9,153,265
- Compensation of officers, directors and key employees
- $214,553
- Other salaries and wages
- $135,047
- Salaries, compensation and benefits (total)
- $395,925
- Professional fundraising fees
- $0
- Legal fees
- $31,167
- Accounting fees
- $3,500
- Travel
- $15,878
- Program services (functional)
- $9,571,449
- Management and general (functional)
- $169,949
Balance sheet and other
- Total assets, start of year
- $21,259,674
- Total assets, end of year
- $33,404,486
- Total liabilities, end of year
- $16,426
- Net assets, end of year
- $33,388,060
- Net assets without donor restrictions
- $33,318,060
- Net assets with donor restrictions
- $70,000
- Gross receipts
- $22,238,411
- Employees
- 4
- Volunteers
- 17
- Year formed
- 2013
- State of legal domicile
- WA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Matt Eldridge | Executive Director Officer | 36 | $146,301 | $5,852 |
| Michael Libes | Treasurer Trustee or director, Officer | 6 | $62,400 | $0 |
| Stephanie Gripne | President Trustee or director, Officer | 3 | $0 | $0 |
| Brian Howe | Secretary Trustee or director, Officer | 2 | $0 | $0 |
| Kurt Davis Jr | Board Member Trustee or director | 2 | $0 | $0 |
| Paul Huynh | Board Member Trustee or director | 2 | $0 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Matt Eldridge | Executive Director Officer | 36 | $121,489 |
| Michael Libes | Treasurer Trustee or director, Officer | 2 | $57,538 |
| Stephanie Gripne | President Trustee or director, Officer | 3 | $0 |
| Brian Howe | Secretary Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 271 WINSLOW WAY E UNIT 10234, BAINBRIDGE IS, WA 98110-9966
- Mailing address (990-N for 2019)
- 271 Winslow Way E 11548, BAINBRIDGE IS WA 981102744
- Principal officer (990 for 2024)
- Matt Eldridge, 271 Winslow Way E 10234, Bainbridge Island, WA 98110
- Principal officer (990-N for 2019)
- Michael Libes, 144 Jacolet Ln, Bainbridge Island WA 98110
- Signed the 990
- Matt Eldridge, Executive Director
- Phone
- (360) 777-5460
- Website
- realizeimpact.org
- Return prepared by
- Aiken & Sanders Inc PS
Mission
Realize Impact is organized and operated exclusively for the charitable purposes within the meaning of Section 501(c)3 of the Internal Revenue Code, specifically to provide financial support, mentorship, and other assistance to early-stage socially-, environmentally-, health-. and community-conscious enterprises that are unable to obtain financing from conventional sources as a way to relieve poverty, create jobs, improve the health of communities and individual therein, and to improve the environment.
Program accomplishments
- Realize Impact operates a service to help individuals, community foundations, family foundations, and other nonprofit organizations donate to support Realize Impact's investments into mission-driven, impact-oriented, profit-seeking organizations.Expenses $1,888,842 · grants $1,510,717
- Realize Impact fiscally sponsors charitable projects of mission-driven, impact-oriented, not-for-profit organizations that help further our mission.Expenses $7,642,087 · grants $7,637,582
- Realize Impact operates a service in partnership primarily with other nonprofit organizations to help individuals and organizations donate to support Realize Impact's investments into mission-driven, impact-oriented, for-profit companies.Expenses $40,520 · grants $4,966 · revenue $405,624
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 46-3594732
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $33,404,486
- Income (IRS master file)
- $22,238,411
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $22,238,411 | $9,741,398 | $33,404,486 | XML |
| 990 | December 2023 | $14,692,445 | $7,238,977 | $21,259,674 | XML |
| 990 | December 2022 | $13,099,247 | $2,030,371 | $18,263,663 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-N for 2019 Officer: Michael Libes | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2018 Officer: Michael Libes | December 31, 2018 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about REALIZE IMPACT
- What is the EIN of REALIZE IMPACT?
- The employer identification number (EIN) of REALIZE IMPACT is 46-3594732.
- Is REALIZE IMPACT tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to REALIZE IMPACT tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does REALIZE IMPACT file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of REALIZE IMPACT due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did REALIZE IMPACT last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of REALIZE IMPACT?
- The 990 for the year ended December 31, 2024 names Matt Eldridge.
- Who are the officers and directors of REALIZE IMPACT?
- The 990 for the year ended December 31, 2024 lists 6 people; 2 received compensation from the organization, the highest $146,301 (Matt Eldridge, Executive Director).
- How much revenue does REALIZE IMPACT have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $22,238,411, expenses of $9,741,398 and total assets of $33,404,486 at year end.
Other nonprofits in BAINBRIDGE IS
- HELPLINE HOUSE EIN 91-0902503 · last filed 990 for 2025
- FIRST YEARS CHILDRENS CENTER EIN 46-4016295 · last filed 990 for 2025
- PEACOCK FAMILY SERVICES EIN 26-4675556 · last filed 990 for 2025
- BAINBRIDGE YOUTH SERVICES EIN 23-7396474 · last filed 990 for 2024
- BAINBRIDGE ISLAND SENIOR COMMUNITY CENTER EIN 91-1232334 · last filed 990 for 2024
- ISLAND TIME ACTIVITIES EIN 01-0930965 · last filed 990 for 2024
- ARMS AROUND BAINBRIDGE ASSOCIATION EIN 26-2180591 · last filed 990 for 2025
- BAINBRIDGE ISLAND SPECIAL NEEDS FOUNDATION EIN 91-2018299 · last filed 990 for 2025
All nonprofits in BAINBRIDGE IS · Washington · Human services