We are committed to maintaining a high level of transparency for our impact audits and operations. Check this page for updates.
If you have comments or questions, you are always welcome to contact us at email@example.com
Our goal is to publish high-quality information on as many nonprofits as possible. We are committed to:
- Publish impact audits with the consent of the nonprofit.
- Encourage nonprofits to publish the findings of their impact audit, but respect the decision of nonprofits that elect to not publish.
- Publish statistics on how many impact audits have been conducted, concluded and published, and concluded and not published.
- Explain the basis of our findings to the nonprofit, and if published, to the public as well.
- Protect the confidentiality of all private documents and data shared with us.
- Disclose real or perceived conflicts of interest.
- Publish our Impact Audit Standard and guidelines for how we assess nonprofits.
- Seek public comment and expert critique of our Impact Audit Standard and our impact audits.
We recognize the challenges that nonprofits face in securing and maintaining support from funders. Our objective is to support nonprofits that are generating impact however possible. Therefore, we give nonprofits the right to withhold the final results of the impact audit from publication. We retain some rights to share the existence and findings of the engagement privately. However, in the event a nonprofit asks us to withhold the impact audit, we will not publicly post or otherwise acknowledge that we have conducted the impact audit.
We have chosen to allow nonprofits to withhold the report from publication for three reasons:
1 We seek to guide, not shame.
We believe it is more productive to guide nonprofits to become more evidence-based, rather than shaming them and potentially jeopardizing their funding. "Naming and shaming" nonprofits would reduce our ability to shift the sector as a whole toward better practices.
2 We need full engagement from the nonprofit.
We ask each nonprofit to share substantial private information throughout the audit. If the nonprofit knows that negative information will be made public, their incentive will be to withhold information, biasing our findings.
3 We think some good nonprofits may not perform well against our rating.
We apply a hard standard during our impact audit. A nonprofit may be achieving impact but score low because they do not have the evidence or monitoring systems to substantiate that impact. We would prefer to not jeopardize a nonprofit's funding, but rather give it the opportunity to improve and eventually meet our standards.
Impact audits started
Concluded and published
Concluded but not published
ImpactMatters is being incubated within Innovations for Poverty Action, which manages all of ImpactMatters' accounting and financial compliance. Audited financial statements for Innovations for Poverty Action are available at their website.
ImpactMatters plans to spin off from IPA in the near future, at which time we will produce and publish our own audited financial reports. In the meantime, we report our un-audited revenue, expenses and net-assets for the most recent financial year.
$304,500Revenue (FY 2015)
$17,489Expenses (FY 2015)
$287,011Net assets (Year End 2015)
Conflicts of Interest
All staff and members of the Board of Directors are required to declare any potential conflicts of interest in relation to the nonprofits we are auditing.
We require real or perceived conflicts to be disclosed, including:
- Prior, current or planned working relationships between the nonprofit and the disclosing individual and any immediate family members of the disclosing individual, even if no salary or payment was involved.
- Prior, current or planned board or advisory relationships between the nonprofit and the disclosing individual and any immediate family members of the disclosing individual.
- Prior, current or planned financial relationships of any kind between the nonprofit and the disclosing individual and any immediate family members of the disclosing individual.
- Prior, current or planned funding relationships of any kind between the nonprofit and any entity in which the disclosing individual and any immediate family members of the disclosing individual have a management or governance role.
Depending on the nature of the conflict, we may request the individual recuse herself or himself the impact audit process. If you would like to learn more about individual cases, please contact us at firstname.lastname@example.org.
Success for All Foundation
The BOMA Project
Kevin Starr (Member, ImpactMatters Board of Directors): Kevin directs Mulago Foundation, which funds BOMA Project.
Dean Karlan (President, ImpactMatters): Dean Karlan plans to conduct research with Trickle Up in the future. Dean Karlan taught a class that Elijah Goldberg (Operations Director, ImpactMatters) attended that directed a $50,000 grant to Trickle Up in 2014.
Kevin Starr (Member, ImpactMatters Board of Directors): Kevin directs Mulago Foundation, which funds Possible.