Civic Intelligence

Impact Innovators and Entrepreneurs

EIN 83-1851237 • 501(c)3 • Morrisville, NC

Profile

To create an impact on the lives of the disadvantaged, under-served populations by nurturing models of innovation and entrepreneurship.

10520 Chapel Hill Road 766Morrisville, NC 27560

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

35th percentile

0.02x

Higher debt load relative to assets than 35% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

33rd percentile

0.02x

Higher debt load relative to revenue than 33% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

26th percentile

-6.6%

Higher net margin than 26% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

76th percentile

$126,607

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 10.3% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

25th percentile

-4.5%

Faster asset growth than 25% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

66th percentile

19%

Faster revenue growth than 66% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets35th percentile

Assets

Down

$1,330,307

Down $62,276 (-4.5%) from 2023

Liabilities

Up

$20,018

Up $18,940 (+1757%) from 2023

Net Assets

Down

$1,310,289

Down $81,216 (-5.8%) from 2023

Operations
Liabilities / Revenue33rd percentileNet Margin26th percentile

Revenue

Up

$1,228,716

Up $192,831 (+19%) from 2023

Expenses

Up

$1,309,932

Up $675,136 (+106%) from 2023

Net Income

Down

-$81,216

Down $482,305 (-120%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth25th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2018: $19,537Liabilities 2018: $837Net Assets 2018: $18,7002018Assets 2019: $389,035Liabilities 2019: $661Net Assets 2019: $388,3742019Assets 2020: $482,875Liabilities 2020: $7,090Net Assets 2020: $475,7852020Assets 2021: $967,845Liabilities 2021: $22,794Net Assets 2021: $945,0512021Assets 2022: $990,416Liabilities 2022: $0Net Assets 2022: $990,4162022Assets 2023: $1,392,583Liabilities 2023: $1,078Net Assets 2023: $1,391,5052023Assets 2024: $1,330,307Liabilities 2024: $20,018Net Assets 2024: $1,310,2892024

Highlighted filing

2024

Assets$1,330,307
Liabilities$20,018
Net Assets$1,310,289
Open 2024 Filing

Operations Trend

Revenue Growth66th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2018: $19,517Expenses 2018: $817Net Income 2018: $18,7002018Revenue 2019: $458,931Expenses 2019: $89,257Net Income 2019: $369,6742019Revenue 2020: $265,791Expenses 2020: $178,380Net Income 2020: $87,4112020Revenue 2021: $727,113Expenses 2021: $257,847Net Income 2021: $469,2662021Revenue 2022: $744,813Expenses 2022: $699,448Net Income 2022: $45,3652022Revenue 2023: $1,035,885Expenses 2023: $634,796Net Income 2023: $401,0892023Revenue 2024: $1,228,716Expenses 2024: $1,309,932Net Income 2024: -$81,2162024

Highlighted filing

2024

Revenue$1,228,716
Expenses$1,309,932
Net Income-$81,216
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$1,330,307
Liabilities
$20,018
Net assets
$1,310,289
Revenue
$1,228,716
Expenses
$1,309,932
Net income
-$81,216
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.33$0.02$1.31$1.23$1.31$0.08
2023Detailed filing. Detailed filing data is available for this year.$1.39$0.00$1.39$1.04$0.63$0.40
2022Detailed filing. Detailed filing data is available for this year.$0.99$0.00$0.99$0.74$0.70$0.05
2021Detailed filing. Detailed filing data is available for this year.$0.97$0.02$0.95$0.73$0.26$0.47
2020Detailed filing. Detailed filing data is available for this year.$0.48$0.01$0.48$0.27$0.18$0.09
2019Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.39$0.46$0.09$0.37
2018Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.02$0.00$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 4, 2025
Return Version
2024v5.2
Gross Receipts
$1,228,716
Mission and Program Overview

Mission

To create an impact on the lives of the disadvantaged, under-served populations by nurturing models of innovation and entrepreneurship.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$789,614$721,423▼ $68,191
Investments Other Securities$517,969$608,782▲ $90,813
Accounts Receivable$0$102▲ $102
Total Assets$1,392,583$1,330,307▼ $62,276
Other Assets Total$85,000$0▼ $85,000
Liabilities
Accounts Payable and Accrued Expenses$0$16,313▲ $16,313
Other Liabilities$1,078$3,705▲ $2,627
Total Liabilities$1,078$20,018▲ $18,940
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,391,505$1,310,289▼ $81,216
Total Net Assets Fund Balance$1,391,505$1,310,289▼ $81,216
Total Liabilities and Net Assets / Fund Balance$1,392,583$1,330,307▼ $62,276

Asset Categories

AssetBook ValueDepreciationBasis
Closely Held Equity Interests$608,782--
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Arielle MolinoChief Convener/CEOFT$120,000$6,607$126,607
Arunkumar VenkatesanFMR CEO/SEC. *SEE SCH OFT$10,650-$10,650

Board Members and Trustees

NameTitle
Jasmin PatelPresident/chair
Jenny EverettDirector
Nadine FreemanDirector
Paul Basil Resigned July 2024Director
Azad Oommen Resigned July 2024Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,221,866
Program Service Revenue
$2,738
Investment Income
$0
Other Revenue
$4,112
All Other Contributions
$1,221,866
Change in Net Assets
$-81,216
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$867,332
Other Expenses$274,067
Salaries, Compensation, and Employee Benefits$168,533
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$867,332--$867,332
Fees for Services Other$96,870$24,217-$121,087
Current Officers, Directors, Trustees, and Key Employees$96,000$24,000-$120,000
Advertising$45,391$11,348-$56,739
Payroll Taxes$33,541$8,385-$41,926
Fees for Services Accounting-$33,480-$33,480
Travel$22,716$5,680-$28,396
Conferences and Meetings$15,197$3,799-$18,996
Other Employee Benefits$5,286$1,321-$6,607
Office Expenses-$4,521-$4,521
Fees for Services Legal-$3,164-$3,164
Information Technology$2,910--$2,910
Other Expenses-$366-$366
Total Functional Expenses$1,185,243$124,689$0$1,309,932
International Activity

International Summary

Offices
0
Employees
0
Spending
$1,476,114

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
Yes
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
South Asia - Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal,Investments-00$608,782
South Asia - Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal,Grants-00$446,697
Sub-saharan AfricaGrants-00$420,635
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Cards Payable$3,705
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Impact innovators and entrepreneurs foundation's (iief) form 990 is prepared with the assistance of an outside accounting firm. A copy of the completed form 990 is distributed electronically to members of the governing body prior to filing with the irs.”

Form 990, Part VI, Section B, Line 12C

“All members of the board of directors and officers are required to disclose any conflicts of interest by completing a questionnaire annually. If a conflict of interest is deemed to exist, it is the duty of the individuals to disclose such interest. This interest is to be recorded in the minutes of the meeting of the board and where the conflict concerns any board or committee member, the indivudal(s) shall not participate in any vote or deliberation on the matter.”

Form 990, Part VI, Section B, Line 15A

“The executive committee reviews the ceo/director's performance in connection with previously established goals along with accomplishments relative to current salary and market conditions. Based upon this review, the executive committee presents its assessment and recommended compensation adjustments to the board in executive session, for its approval. In addition, the board chair solicits comments on the ceo/director's performance from all board members. Based on all of the proceeding feedback, the board chair meets with the ceo/director for formal review, including presentation of salary adjustment.”

Form 990, Part VI, Section C, Line 19

“The organizations' governing documents are available upon request.”

Form 990, Page 7, Part VII -section A. Officers, Directors, Trustees, Etc.

“Arunkumar venkatesan -fmr ceo/secr. - payments were in capacity as former ceo and not in his capacity as secretary of board.”

Filing and Contact Details

Filer

Filer Name
Impact Innovators and Entrepreneurs
EIN
83-1851237
Phone
3038954411
Address
10520 CHAPEL HILL ROAD 766, MORRISVILLE, NC 27560

Signing Officer

Name
Arielle Molino
Title
Chief Convener/CEO
Phone
3038954411
Signed
2025-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Arielle Molino
Formed
2017
Legal Domicile
De
Voting Board Members
5
Independent Board Members
3
Employees
1
Volunteers
5

Preparer

Firm
JOHNSON O'CONNOR FERON & CARUCCI LLP
Address
101 EDGEWATER DRIVE SUITE 210, WAKEFIELD, MA 01880
Preparer
Joseph Giso
Phone
7819143400
Raw XML AppendixShowing 400 of 425 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt00
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt016313
IRS990/AccountsReceivableGrp/BOYAmt00
IRS990/AccountsReceivableGrp/EOYAmt0102
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO CREATE AN IMPACT ON THE LIVES OF THE DISADVANTAGED, UNDER-SERVED POPULATIONS BY NURTURING MODELS OF INNOVATION AND ENTREPRENEURSHIP.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt011348
IRS990/AdvertisingGrp/ProgramServicesAmt045391
IRS990/AdvertisingGrp/TotalAmt056739
IRS990/AllOtherContributionsAmt01221866
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ARUNKUMAR VENKATESAN
IRS990/BooksInCareOfDetail/PhoneNum03038954411
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt010520 CHAPEL HILL ROAD 766
IRS990/BooksInCareOfDetail/USAddress/CityNm0MORRISVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd027560
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0789614
IRS990/CashNonInterestBearingGrp/EOYAmt0721423
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt024000
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt096000
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0120000
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt03799
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt015197
IRS990/ConferencesMeetingsGrp/TotalAmt018996
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01221866
IRS990/CYGrantsAndSimilarPaidAmt0867332
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0274067
IRS990/CYOtherRevenueAmt04112
IRS990/CYProgramServiceRevenueAmt02738
IRS990/CYRevenuesLessExpensesAmt0-81216
IRS990/CYSalariesCompEmpBnftPaidAmt0168533
IRS990/CYTotalExpensesAmt01309932
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01228716
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0THE IMPACT INNOVATORS & ENTREPRENEURS FOUNDATION'S PRIMARY PURPOSE IS TO CREATE AN IMPACT ON THE LIVES OF THE DISADVANTAGED, UNDER-SERVED POPULATIONS BY NURTURING MODELS OF INNOVATION AND ENTREPRENEURSHIP THAT SERVE THESE POPULATIONS DIRECTLY. TO THIS EFFECT WE HAVE DIRECTLY ENABLED ABOUT 10 ENTERPRISES THROUGH INVESTMENTS, LOAN GUARANTEE PROGRAMS AND ADVISORY AND INDIRECTLY SUPPORTED OVER 100 ENTERPRISES, THROUGH TRAINING AND ADVISORY SUPPORT TO 40 INCUBATORS (ENTREPRENEUR SUPPORT ORGANIZATIONS) ACCROSS SOUTH EAST ASIA, SOUTH ASIA AND AFRICA.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01185243
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt033480
IRS990/FeesForServicesAccountingGrp/TotalAmt033480
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt03164
IRS990/FeesForServicesLegalGrp/TotalAmt03164
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt024217
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt096870
IRS990/FeesForServicesOtherGrp/TotalAmt0121087
IRS990/ForeignActivitiesInd01
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignGrantsGrp/ProgramServicesAmt0867332
IRS990/ForeignGrantsGrp/TotalAmt0867332
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.25
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt06607
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0ARIELLE MOLINO
IRS990/Form990PartVIISectionAGrp/PersonNm1ARUNKUMAR VENKATESAN
IRS990/Form990PartVIISectionAGrp/PersonNm2AZAD OOMMEN RESIGNED JULY 2024
IRS990/Form990PartVIISectionAGrp/PersonNm3JASMIN PATEL
IRS990/Form990PartVIISectionAGrp/PersonNm4JENNY EVERETT
IRS990/Form990PartVIISectionAGrp/PersonNm5NADINE FREEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm6PAUL BASIL RESIGNED JULY 2024
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0120000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110650
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHIEF CONVENER/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1FMR CEO/SEC. *SEE SCH O
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT/CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02017
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantAmt0867332
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01228716
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt02910
IRS990/InformationTechnologyGrp/TotalAmt02910
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0517969
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0608782
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0DE
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO CREATE AN IMPACT ON THE LIVES OF THE DISADVANTAGED, UNDER-SERVED POPULATIONS BY NURTURING MODELS OF INNOVATION AND ENTREPRENEURSHIP.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd01
IRS990/NetAssetsOrFundBalancesBOYAmt01391505
IRS990/NetAssetsOrFundBalancesEOYAmt01310289
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01391505
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01310289
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04521
IRS990/OfficeExpensesGrp/TotalAmt04521
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt085000
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01321
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt05286
IRS990/OtherEmployeeBenefitsGrp/TotalAmt06607
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc1LICENSES & PERMITS
IRS990/OtherExpensesGrp/Desc2BUSINESS REGISTRATION F
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03846
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1562
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2366
IRS990/OtherExpensesGrp/TotalAmt03846
IRS990/OtherExpensesGrp/TotalAmt1562
IRS990/OtherExpensesGrp/TotalAmt2366
IRS990/OtherLiabilitiesGrp/BOYAmt01078
IRS990/OtherLiabilitiesGrp/EOYAmt03705
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MICELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt04112
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt04112
IRS990/OtherRevenueTotalAmt04112
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08385
IRS990/PayrollTaxesGrp/ProgramServicesAmt033541
IRS990/PayrollTaxesGrp/TotalAmt041926
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0ARIELLE MOLINO
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0541900
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02738
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02738
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01035885
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0322864
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0188938
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0401089
IRS990/PYSalariesCompEmpBnftPaidAmt0122994
IRS990/PYTotalExpensesAmt0634796
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01035885
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-81216
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02738
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0DESCRIPTION: LEVERAGING TECH TO SUPPORT FLHW PROJECT DATE: 09/01/21 AMOUNT: 125000. DESCRIPTION: BLDG LOCAL RESILIENCE IN AFRICA DATE: 12/01/20 AMOUNT: 55000. DESCRIPTION: DESIGN & LAUNCH OF INCUBATION-AFFILIATED FUND IN AFRICA DATE: 06/01/21 AMOUNT: 131500.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01221866
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01035885
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0743517
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt055000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03056268
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt084798
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt04113
IRS990ScheduleA/OtherIncome170Grp/TotalAmt04113
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.40550
IRS990ScheduleA/PublicSupportPY170Pct00.26450
IRS990ScheduleA/PublicSupportTotal170Amt01241018
IRS990ScheduleA/SubstantialContributorsTotAmt01815250
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01221866
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01035885
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0743517
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt055000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03056268
IRS990ScheduleA/TotalSupportAmt03060381
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/BookValueAmt0608782
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/MethodValuationCd0C
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03705
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARDS PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt0608782
IRS990ScheduleD/TotalLiabilityAmt03705
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt20
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt20
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0420635
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt1608782
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt2446697
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0SUB-SAHARAN AFRICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL,
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt2SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL,
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0GRANTS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1INVESTMENTS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt2GRANTS
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd01
IRS990ScheduleF/GrantRecordsMaintainedInd01
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt0420635
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt1446697
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0WIRE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt1WIRE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt00
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt10
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0SUBAWARD
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt1SUBAWARD
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0SUB-SAHARAN AFRICA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt1SOUTH ASIA
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt01476114
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0SUBAWARD RECIPIENT IS REQUIRED TO PROVIDE PERIODIC REPORTING AS MANDATED BY THE GRANTOR. REPORTS REGARDING MILESTONES ACHIEVED ARE SUBMITTED TO IMPACT INNOVATORS AND ENTREPRENEURS FOUNDATION AND, SUBSEQUENTLY, TO THE GRANTOR. ALL GRANT TRANCHES ARE RELEASED, AFTER REVIEW, BASED ON MILESTONE COMPLETION.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleF/Total501c3OrgCnt02
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt01476114
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IMPACT INNOVATORS AND ENTREPRENEURS FOUNDATION'S (IIEF) FORM 990 IS PREPARED WITH THE ASSISTANCE OF AN OUTSIDE ACCOUNTING FIRM. A COPY OF THE COMPLETED FORM 990 IS DISTRIBUTED ELECTRONICALLY TO MEMBERS OF THE GOVERNING BODY PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL MEMBERS OF THE BOARD OF DIRECTORS AND OFFICERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST BY COMPLETING A QUESTIONNAIRE ANNUALLY. IF A CONFLICT OF INTEREST IS DEEMED TO EXIST, IT IS THE DUTY OF THE INDIVIDUALS TO DISCLOSE SUCH INTEREST. THIS INTEREST IS TO BE RECORDED IN THE MINUTES OF THE MEETING OF THE BOARD AND WHERE THE CONFLICT CONCERNS ANY BOARD OR COMMITTEE MEMBER, THE INDIVUDAL(S) SHALL NOT PARTICIPATE IN ANY VOTE OR DELIBERATION ON THE MATTER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE COMMITTEE REVIEWS THE CEO/DIRECTOR'S PERFORMANCE IN CONNECTION WITH PREVIOUSLY ESTABLISHED GOALS ALONG WITH ACCOMPLISHMENTS RELATIVE TO CURRENT SALARY AND MARKET CONDITIONS. BASED UPON THIS REVIEW, THE EXECUTIVE COMMITTEE PRESENTS ITS ASSESSMENT AND RECOMMENDED COMPENSATION ADJUSTMENTS TO THE BOARD IN EXECUTIVE SESSION, FOR ITS APPROVAL. IN ADDITION, THE BOARD CHAIR SOLICITS COMMENTS ON THE CEO/DIRECTOR'S PERFORMANCE FROM ALL BOARD MEMBERS. BASED ON ALL OF THE PROCEEDING FEEDBACK, THE BOARD CHAIR MEETS WITH THE CEO/DIRECTOR FOR FORMAL REVIEW, INCLUDING PRESENTATION OF SALARY ADJUSTMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATIONS' GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ARUNKUMAR VENKATESAN -FMR CEO/SECR. - PAYMENTS WERE IN CAPACITY AS FORMER CEO AND NOT IN HIS CAPACITY AS SECRETARY OF BOARD.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 7, PART VII -SECTION A. OFFICERS, DIRECTORS, TRUSTEES, ETC.
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01392583
IRS990/TotalAssetsEOYAmt01330307
IRS990/TotalAssetsGrp/BOYAmt01392583
IRS990/TotalAssetsGrp/EOYAmt01330307
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01221866
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0124689
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01185243
IRS990/TotalFunctionalExpensesGrp/TotalAmt01309932
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01078
IRS990/TotalLiabilitiesEOYAmt020018
IRS990/TotalLiabilitiesGrp/BOYAmt01078
IRS990/TotalLiabilitiesGrp/EOYAmt020018
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01391505
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01310289
IRS990/TotalOtherCompensationAmt06607
IRS990/TotalProgramServiceExpensesAmt01185243
IRS990/TotalProgramServiceRevenueAmt02738
IRS990/TotalReportableCompFromOrgAmt0130650
IRS990/TotalRevenueGrp/ExclusionAmt04112
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02738
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01228716
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01392583
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01330307
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt05680
IRS990/TravelGrp/ProgramServicesAmt022716
IRS990/TravelGrp/TotalAmt028396
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt010520 CHAPEL HILL ROAD 766
IRS990/USAddress/CityNm0MORRISVILLE
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027560
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ARIELLE MOLINO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHIEF CONVENER/CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum03038954411

Document Assets

No mirrored PDF or thumbnail assets are attached yet.