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Passes our checks

Impact Silver Spring

EIN 52-2164844 · Silver Spring, MD

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak35 out of 100GovernanceGood70 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

TO BUILD AND SUSTAIN COMMUNITY-BASED NETWORKS THAT SUPPORT PEOPLE WHO ARE CREATING SOCIAL, ECONOMIC, AND CIVIC MOMENTUM THAT CONTRIBUTES TO INCLUSIVE LOCAL ECONOMIES AND VIBRANT COMMUNITIES.

Income
$1.0 million
Spending
$1.3 million
Spent on programs
77%
Reserves
1.4 months of spending
Largest source of income
government grants, 78%
Employees
14
Highest pay
$88,672, co-exec dire

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 35 out of 100. Higher than 3% of charities in its peer group (philanthropy, $1m to $10m).

  • Reserves

    10 of 35

    Spendable reserves would cover 1.4 months of spending.

  • Debt

    10 of 20

    It owes 37% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 28% of income.

  • Income trend

    0 of 15

    Income fell 31% on the year before.

  • Spending floor

    15 of 15

    77% of spending went to programs and raising each dollar of donations cost 3 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 70 out of 100. Higher than 23% of charities in its peer group (philanthropy, $1m to $10m).

  • Independent board

    25 of 25

    6 of 6 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    0 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (2)
  1. $938,629 spent. NEIGHBORHOOD OPPORTUNITY NETWORK - STRENTHENS SOCIAL NETWORKS IN DIVERSE NEIGHBORHOODS THAT LEAD TO PEOPLE AND COMMUNITIES THAT ARE HEALTHIER,MORE ECONOMICALLY STABLE AND MORE ENGAGED IN CIVIC PARTICIPATION. IMPACT SUPPORTS MANY STRUGGLING FAMILIES IN EMPOWERMENT PATHWAYS BY CREATING MULTIPLE SPACES IN THE NETWORK WHERE PEOPLE FROM DIVERSE BACKGROUNDS CAN COME TOGETHER TO FORM NEW BUSINESSES, IMPROVE THEIR NEIGHBORHOOD CONDITIONS AND ACHIEVE PERSONAL DEVELOMENT GOALS.
  2. $91,749 spent. IMPACT SPORTS - PROVIDE RECREATIONAL SPORTS AND ENRICHMENT FOR HUNDREDS OF LOW-INCOME AND IMMIGRATE YOUTH. THIS PROGRAM EMPOWERS FAMILIES TO FORM AND OPERATE YOUTH SPORTS TEAMS IN NEIGHBORHOODS WHERE YOUNG PEOPLE ARE TYPICALLY DISCONNECTED FROM LOCAL ATHELIC LEAGUES.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since August 1999.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.