We are pleased to present some recent and historical financial highlights for Impact100 Garden State below! Please keep in mind that the membership data presented here is reported as of the end of our membership drive (January 31 since 2020 and March 31 in prior years), while the revenue, grants, and operating expenses data pertains to our fiscal year (October 31). Our finance team has worked diligently to ensure transparency and accuracy in our financial reporting for our members, and we hope you find this information useful as we continue our work towards our mission.

2023 Membership Growth

Membership growth! Our 2023 membership drive was the best ever—a record 375 members! More members = more grant funds: Every nickel of our members’ $1,000 donations is awarded in grants to nonprofits.

2022 Revenue Grants

We are an all-volunteer organization, which translates to very low operating expenses, allowing us to maximize the impact of our grants. Our expenses increased in fiscal 2022 due to one-time or temporary costs associated with our 10th Anniversary, a return of in-person events, and technology upgrades. We are committed to transparency and always looking for ways to improve while staying true to our mission.

2022 Revenue

Members’ $1,000 donations are dedicated entirely to grants. We are extremely thankful to those who fund our operating expenses through additional donations by Corporate Donors and Individual Donors, including members who contribute in excess of $1,000.

2022 Grants Operating Expenses

In 2022, we experienced an increase in operating expenses due to several noteworthy items that were unusual or one-time costs, including two very large and successful in-person events (Our Annual Awards Meeting and 10th Anniversary Celebration Party), a beautifully curated magazine highlighting our Impact Grant Recipients that we commissioned and distributed in honor of our 10th anniversary, and a holdover of increased technology expenses stemming from our pivot to virtual events during the pandemic (Zoom and live streaming event options).

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