Civic Intelligence

Impact Innovators and Entrepreneurs Foundation

990 • Fiscal year 2021 • EIN 83-1851237

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 28, 2022

Organization ProfileN/A
1533 Sicily DriveLongmont, CO 80503

(303) 895-4411

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

50th percentile

0.02x

Higher debt load relative to assets than 50% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

51st percentile

0.03x

Higher debt load relative to revenue than 51% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

92nd percentile

65%

Higher net margin than 92% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

81st percentile

$77,470

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 10.7% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

91st percentile

100%

Faster asset growth than 91% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

92nd percentile

174%

Faster revenue growth than 92% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets50th percentile

Assets

Up

$967,845

Up $484,970 (+100%) from 2020

Net Assets

Up

$945,051

Up $469,266 (+99%) from 2020

Liabilities

Up

$22,794

Up $15,704 (+221%) from 2020

Revenue And Expenses
Liabilities / Revenue51st percentileNet Margin92nd percentile

Revenue

Up

$727,113

Up $461,322 (+174%) from 2020

Expenses

Up

$257,847

Up $79,467 (+45%) from 2020

Net Income

Up

$469,266

Up $381,855 (+437%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth91st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$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

2021

Assets$967,845
Liabilities$22,794
Net Assets$945,051
Open 2021 Filing

Operations Trend

Revenue Growth92nd percentile

Revenue, expenses, and net income across loaded years, with this 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

2021

Revenue$727,113
Expenses$257,847
Net Income$469,266
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 28, 2022
Return Version
2021v4.2
Gross Receipts
$727,113
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$358,763$682,965▲ $324,202
Investments Other Securities$34,012$199,724▲ $165,712
Accounts Receivable$5,000$0▼ $5,000
Prepaid Expenses and Deferred Charges$100$156▲ $56
Total Assets$482,875$967,845▲ $484,970
Other Assets Total$85,000$85,000→ $0
Liabilities
Accounts Payable and Accrued Expenses$6,928$13,375▲ $6,447
Other Liabilities$162$9,419▲ $9,257
Total Liabilities$7,090$22,794▲ $15,704
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$475,785$945,051▲ $469,266
Total Net Assets Fund Balance$475,785$945,051▲ $469,266
Total Liabilities and Net Assets / Fund Balance$482,875$967,845▲ $484,970

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$85,000--
Closely Held Equity Interests$199,724--
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Arunkumar VenkatesanCEO/directorFT$70,000$7,470$77,470

Board Members and Trustees

NameTitle
Jasmin PatelChair
Jenny EverettDirector
Nadine FreemanDirector
Paul BasilDirector
Anand NarayanSecretary
Azad OommenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$713,166
Program Service Revenue
$13,947
Investment Income
$0
Other Revenue
$0
All Other Contributions
$713,166
Change in Net Assets
$469,266
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$126,000
Salaries, Compensation, and Employee Benefits$82,825
Other Expenses$49,022
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$126,000--$126,000
Current Officers, Directors, Trustees, and Key Employees$56,000$14,000-$70,000
Fees for Services Other$29,036$7,259-$36,295
Other Employee Benefits$5,976$1,494-$7,470
Advertising$6,038--$6,038
Payroll Taxes$4,284$1,071-$5,355
Information Technology$2,418--$2,418
Other Expenses-$1,698-$1,698
Office Expenses-$1,373-$1,373
Fees for Services Accounting-$1,200-$1,200
Total Functional Expenses$229,752$28,095$0$257,847
International Activity

International Summary

Offices
0
Employees
0
Spending
$325,724

International Compliance

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

International Activities

RegionActivityServicesOfficesEmployeesSpending
South AsiaInvestments---$199,724
Sub-saharan AfricaGrants---$126,000
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
Reimbursable Expenses$9,419
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
No
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 C, Line 19

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

Filing and Contact Details

Filer

Filer Name
Impact Innovators and Entrepreneurs
EIN
83-1851237
Phone
3038954411
Address
1533 SICILY DRIVE, LONGMONT, CO 80503

Signing Officer

Name
Anand Narayan
Title
Secretary
Phone
3038954411
Signed
2022-10-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anand Narayan
Formed
2017
Legal Domicile
De
Voting Board Members
7
Independent Board Members
6
Employees
1
Volunteers
0

Preparer

Firm
Johnson Oconnor Feron & Carucci Llp
Address
101 EDGEWATER DRIVE SUITE 210, WAKEFIELD, MA 01880
Preparer
Giso Joseph
Phone
7819143400
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Consulting: program service expenses 29,036. Management and general expenses 7,259. Fundraising expenses 0. Total expenses 36,295.”

Raw XML AppendixShowing 400 of 406 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/BOYAmt06928
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt013375
IRS990/AccountsReceivableGrp/BOYAmt05000
IRS990/AccountsReceivableGrp/EOYAmt00
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/ProgramServicesAmt06038
IRS990/AdvertisingGrp/TotalAmt06038
IRS990/AllOtherContributionsAmt0713166
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ANAND NARAYAN
IRS990/BooksInCareOfDetail/PhoneNum03038954411
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01533 SICILY DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0LONGMONT
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CO
IRS990/BooksInCareOfDetail/USAddress/ZIPCd080503
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0358763
IRS990/CashNonInterestBearingGrp/EOYAmt0682965
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt014000
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt056000
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt070000
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0713166
IRS990/CYGrantsAndSimilarPaidAmt0126000
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt049022
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt013947
IRS990/CYRevenuesLessExpensesAmt0469266
IRS990/CYSalariesCompEmpBnftPaidAmt082825
IRS990/CYTotalExpensesAmt0257847
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0727113
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/ExpenseAmt0229752
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01200
IRS990/FeesForServicesAccountingGrp/TotalAmt01200
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt07259
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt029036
IRS990/FeesForServicesOtherGrp/TotalAmt036295
IRS990/ForeignActivitiesInd01
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignGrantsGrp/ProgramServicesAmt0126000
IRS990/ForeignGrantsGrp/TotalAmt0126000
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.25
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/OtherCompensationAmt07470
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0ARUNKUMAR VENKATESAN
IRS990/Form990PartVIISectionAGrp/PersonNm1ANAND NARAYAN
IRS990/Form990PartVIISectionAGrp/PersonNm2JASMIN PATEL
IRS990/Form990PartVIISectionAGrp/PersonNm3AZAD OOMMEN
IRS990/Form990PartVIISectionAGrp/PersonNm4PAUL BASIL
IRS990/Form990PartVIISectionAGrp/PersonNm5JENNY EVERETT
IRS990/Form990PartVIISectionAGrp/PersonNm6NADINE FREEMAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt070000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
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/TitleTxt0CEO/DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02017
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantAmt0126000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0727113
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt02418
IRS990/InformationTechnologyGrp/TotalAmt02418
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt034012
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0199724
IRS990/IRPDocumentCnt03
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/NetAssetsOrFundBalancesBOYAmt0475785
IRS990/NetAssetsOrFundBalancesEOYAmt0945051
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0475785
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0945051
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01373
IRS990/OfficeExpensesGrp/TotalAmt01373
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt085000
IRS990/OtherAssetsTotalGrp/EOYAmt085000
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01494
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt05976
IRS990/OtherEmployeeBenefitsGrp/TotalAmt07470
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01698
IRS990/OtherExpensesGrp/TotalAmt01698
IRS990/OtherLiabilitiesGrp/BOYAmt0162
IRS990/OtherLiabilitiesGrp/EOYAmt09419
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01071
IRS990/PayrollTaxesGrp/ProgramServicesAmt04284
IRS990/PayrollTaxesGrp/TotalAmt05355
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0100
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0156
IRS990/PrincipalOfficerNm0ANAND NARAYAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0541900
IRS990/ProgramServiceRevenueGrp/Desc0PROFESSIONAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt013947
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt013947
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0198974
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0121285
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt066817
IRS990/PYRevenuesLessExpensesAmt087411
IRS990/PYSalariesCompEmpBnftPaidAmt057095
IRS990/PYTotalExpensesAmt0178380
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0265791
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0469266
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt013947
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt055000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt055000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt013947
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt066817
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0169189
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt019517
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0269470
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0113464
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt05000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt046817
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0159189
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0211006
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt05000
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt046817
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt0159189
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0211006
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt068947
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt066817
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0169189
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt019517
IRS990ScheduleA/Total509Grp/TotalAmt0324470
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt068947
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt066817
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0169189
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt019517
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0324470
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/BookValueAmt0199724
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/MethodValuationCd0C
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt085000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt09419
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0REIMBURSABLE EXPENSES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt085000
IRS990ScheduleD/TotalBookValueSecuritiesAmt0199724
IRS990ScheduleD/TotalLiabilityAmt09419
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0126000
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt1199724
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0SUB-SAHARAN AFRICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1SOUTH ASIA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0GRANTS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1INVESTMENTS
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd01
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt0126000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0WIRE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt00
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0SUBAWARD
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0SUB-SAHARAN AFRICA
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt0325724
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/SupplementalInformationDetail/FormAndLineReferenceDesc1PART III ACCOUNTING METHOD:
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt0325724
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 ORGANIZATIONS' GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONSULTING: PROGRAM SERVICE EXPENSES 29,036. MANAGEMENT AND GENERAL EXPENSES 7,259. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 36,295.
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 C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CO
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0482875
IRS990/TotalAssetsEOYAmt0967845
IRS990/TotalAssetsGrp/BOYAmt0482875
IRS990/TotalAssetsGrp/EOYAmt0967845
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0713166
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt028095
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0229752
IRS990/TotalFunctionalExpensesGrp/TotalAmt0257847
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt07090
IRS990/TotalLiabilitiesEOYAmt022794
IRS990/TotalLiabilitiesGrp/BOYAmt07090
IRS990/TotalLiabilitiesGrp/EOYAmt022794
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0475785
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0945051
IRS990/TotalOtherCompensationAmt07470
IRS990/TotalProgramServiceExpensesAmt0229752
IRS990/TotalProgramServiceRevenueAmt013947
IRS990/TotalReportableCompFromOrgAmt070000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt013947
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0727113
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0482875
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0967845
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01533 SICILY DRIVE
IRS990/USAddress/CityNm0LONGMONT
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd080503
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ANAND NARAYAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum03038954411
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-10-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0IMPACT INNOVATORS AND ENTREPRENEURS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0IMPA
ReturnHeader/Filer/EIN0831851237
ReturnHeader/Filer/PhoneNum03038954411
ReturnHeader/Filer/USAddress/AddressLine1Txt01533 SICILY DRIVE
ReturnHeader/Filer/USAddress/CityNm0LONGMONT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080503
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0203985546
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JOHNSON OCONNOR FERON & CARUCCI LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0101 EDGEWATER DRIVE SUITE 210
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WAKEFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001880
ReturnHeader/PreparerPersonGrp/PhoneNum07819143400
ReturnHeader/PreparerPersonGrp/PreparationDt02022-10-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GISO JOSEPH
ReturnHeader/ReturnTs02022-11-02T08:41:00-05:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$967,845
Liabilities
$22,794
Net assets
$945,051
Revenue
$727,113
Expenses
$257,847
Net income
$469,266
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