Impact on Education is financially strong and in compliance with both state and federal reporting requirements. Our Board’s Finance & Audit committee meets monthly to review financial statements and practices and hires an external auditor annually to review and certify our financial records. We operate on a fiscal year from April 1-March 31. In our most recent audit (year ending March 30, 2020), our auditors reported no major findings and certified our financial records. With an annual budget of around $1.6 million each year, our organization reaches thousands of local students in need each year.
We make our IRS Form 990 available for review, as required by law.