Nonprofits›Exponential Impact

Community Improvement & Capacity Building

Exponential Impact

COLORADO SPRINGS, CO

WebsiteView as a funder

Total revenue

$2.2M

Total expenses

$801K

Net assets

$4.6M

Grants received

$1.9M

24 grants

EIN

822707012

Tax year

2024

Mission

To develop the best entrepreneurs humanly possible.

Programs

1 program

Survive & Thrive - provides funding, mentorship, and programming for Colorado Springs-based entrepreneurs. During 2024, XI successfully ran 2 Survive & Thrive cohorts and served 54 small businesses. During the 8-week program, XI provides small business access to low interest loans, mentorship, and curated curriculum.

Expenses: $299KGrants: $105K

Financials

FY 2024

Revenue

Contributions & grants$2.0M
Program service revenue$20K
Investment income$108K
Other revenue—
Total revenue$2.2M

Expenses

Grants paid$105K
Salaries & benefits$411K
Fundraising$12K
Other expenses$284K
Total expenses$801K
Total assets$5.3M
Net assets$4.6M

People

11 listed

NameRoleCompensation

Max Cupp

Executive Director

Board

$50K

40 hrs/wk

Vance Brown

Executive Director, Member

Board

$49K

40 hrs/wk

Maureen Lawrence

Vice President

Board

—

1 hrs/wk

Leif Ullman

Treasurer

Board

—

1 hrs/wk

Sarah Jane Maxted

Secretary

Board

—

1 hrs/wk

Angela Mader Hartshorn

Member

Board

—

1 hrs/wk

Yemi Mobolade

Member

Board

—

1 hrs/wk

Hannah Parsons

Member (part year)

Board

—

1 hrs/wk

Betsy Brown

Member (part year)

Board

—

1 hrs/wk

Chris Jenkins

Member

Board

—

1 hrs/wk

Jay Jesse

President

Board

—

1 hrs/wk

Grants received

Showing 24 of 24

FromAmountPurposeYear
PIKES PEAK COMMUNITY FOUNDATION
$120K
HS: ECONOMIC VITALITY
2024
GATES FAMILY FOUNDATION
$25K
RENOVATION
2024
THE JOHN E AND MARGARET L LANE FOUNDATION
$491K
Survive and Thrive Donation
2023
PIKES PEAK COMMUNITY FOUNDATION
$50K
HS: ECONOMIC VITALITY
2023
Thrivers Foundation
$50K
Tenant Improvements for downtown offices
2023
MABEL HORRIGAN FOUNDATION
$1K
Grant for General Operating Support
2022
EL POMAR FOUNDATION
$55K
Survive and Thrive 3.0
2021
EL POMAR FOUNDATION
$15K
General operating support
2021
EL POMAR FOUNDATION
$3K
General operating support
2021
MABEL HORRIGAN FOUNDATION
$1K
Grant for General Operating Support
2021
EL POMAR FOUNDATION
$1K
2021 NELP Contribution
2021
PIKES PEAK COMMUNITY FOUNDATION
$502K
See Part IV
2020
KATALYTIC FOUNDATION INC
$200K
TO SUPPORT CHARITY
2020
NATL CHRISTIAN CHARITABLE FDN INC
$100K
SUPPORT
2020
FOUNDATION OF THE HEART
$100K
TO FURTHER CHRISTIAN MINISTRY
2020
EL POMAR FOUNDATION
$100K
Survive & Thrive Fund
2020
EL POMAR FOUNDATION
$15K
General operating support
2020
T ROWE PRICE FOUNDATION
$10K
FINANCIAL WELL-BEING
2020
CHRISTIAN COMMUNITY FOUNDATION INC
$10K
GENERAL SUPPORT
2020
CALM FOUNDATION
$10K
SUPPORT ENTREPRENEURS
2020
EL POMAR FOUNDATION
$1K
Natasha Main Statewide participation contribution
2020
DONOR ADVISED CHARITABLE GIVING INC
$6K
PUBLIC, SOCIETAL BENEFIT
2019
CHRISTIAN COMMUNITY FOUNDATION INC
$70K
GENERAL SUPPORT
2018
CALM FOUNDATION
$10K
SUPPORT ENTREPRENEURS
2018

Funded by

$1.9M from 13 funders · 24 grants · 2018–2024

Pikes Peak Community Foundation

$672K · 3 grants · 2020–2024

Katalytic Foundation Inc

$200K · 1 grant · 2020

El Pomar Foundation

$190K · 7 grants · 2020–2021

Foundation Of The Heart

$100K · 1 grant · 2020

Natl Christian Charitable Fdn Inc

$100K · 1 grant · 2020

Christian Community Foundation Inc

$80K · 2 grants · 2018–2020

Thrivers Foundation

$50K · 1 grant · 2023

Details

EIN822707012
NTEE codeS43
Subsection03
Ruling date2018-04
Formed2017
Employees13
Volunteers0
EXPONENTIAL IMPACT — Mission, Financials & Grants Received | Grantivo