Background
Marketplace Impact LLC is a faith-based organization dedicated to empowering Christ-followers to integrate their faith into daily life with intention and selfless love. The company's mission is to see believers live out their faith authentically, impacting their communities and workplaces. Operating within the religious and educational sectors, Marketplace Impact LLC offers programs designed to guide individuals and organizations in living a faith-integrated life.
Key Strategic Focus
The company's strategic focus centers on providing educational courses and resources that facilitate the integration of faith into everyday activities. Their flagship program, "Living on Purpose," comprises two main tracks:
- Foundations: A seven-week study aimed at challenging participants to see and live life through the lens of God's grand purpose, encouraging full participation in His mission.
- Life Applications: A series of three six-week journeys designed to build upon the Foundations course, guiding participants through inward transformation to deeply integrate and live out their faith across all aspects of life.
These programs are tailored for both individuals seeking personal growth and organizations aiming to support their members in faith integration.
Financials and Funding
As of January 22, 2024, Marketplace Impact LLC filed for Chapter 11 bankruptcy in the District of New Jersey. The filing indicated assets and liabilities each exceeding $1 billion, with an estimated 5,001 to 10,000 creditors. The company anticipated insufficient assets to make payments to unsecured creditors.
Pipeline Development
Marketplace Impact LLC's primary offerings include the "Living on Purpose" courses, which are continually developed and refined to meet the needs of their audience. The company collaborates with various partners to expand and enhance these programs, ensuring they remain relevant and impactful.
Technological Platform and Innovation
The company utilizes an online platform to deliver its courses, providing accessible and flexible learning experiences for participants worldwide. This digital approach allows for interactive content, community engagement, and resource sharing, facilitating a comprehensive learning environment.
Leadership Team
Specific details about the current leadership team are not publicly disclosed. However, the organization emphasizes a collaborative approach, working closely with partners and facilitators to deliver its programs effectively.
Leadership Changes
There is no publicly available information regarding recent leadership changes within Marketplace Impact LLC.
Competitor Profile
Market Insights and Dynamics
The faith-based educational sector is characterized by a growing demand for programs that help individuals integrate their beliefs into daily life. This market includes various organizations offering similar courses, workshops, and resources aimed at personal and spiritual development.
Competitor Analysis
Key competitors in this space include organizations like Follower of One, Scatter Global, and Crossworld, all of which offer programs and resources designed to help individuals live out their faith in various contexts. These organizations focus on community building, mission work, and providing practical tools for faith integration.
Strategic Collaborations and Partnerships
Marketplace Impact LLC has established partnerships with several organizations to enhance its offerings and reach:
- Follower of One: Collaborates to provide resources and support for individuals seeking to live out their faith in the workplace.
- Scatter Global: Partners to offer opportunities for believers to serve in professional roles globally, integrating faith and work.
- Crossworld: Works together to equip individuals for cross-cultural mission work, emphasizing faith integration in diverse settings.
These partnerships enable Marketplace Impact LLC to expand its impact and provide comprehensive resources to its audience.
Operational Insights
In the competitive landscape of faith-based education, Marketplace Impact LLC differentiates itself through its structured "Living on Purpose" programs, which offer a clear pathway for individuals and organizations to integrate faith into daily life. The company's focus on practical application and community engagement provides a unique value proposition in the market.
Strategic Opportunities and Future Directions
Despite recent financial challenges, Marketplace Impact LLC has opportunities to leverage its partnerships and digital platform to reach a broader audience. By continuing to develop relevant content and fostering community engagement, the company can strengthen its position in the faith-based educational sector.
