INTERNATIONAL FOUNDATION FOR SOCIAL IMPACT INC

EIN: 815408487 501(c)(3) Education

NY, NY

Total Revenue
$717,893
Total Expenses
$2,618,474
Total Assets
$2,175,451
Net Assets
$2,175,451
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
NY
Phone
2129617642
Tax Period
2023-01-01 to 2023-12-31

INTERNATIONAL FOUNDATION FOR SOCIAL IMPACT INC, founded in 2017, is a small nonprofit in the Education sector that reported $718K in total revenue in fiscal year 2023. Revenue fell 57% from the prior year — a significant decline worth monitoring. Expenses of $2.6M exceeded revenue, resulting in a 265% operating deficit.

Mission

To promote education in the field of medical, engineering, management, computer software, hardware and information technology by establishing school, college, institution and education and research centre for upliftment of society, with a not for profit motive.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $716,000
Program Service Revenue $0
Investment Income $1,893
Other Revenue $0
TOTAL REVENUE $717,893

Expense Breakdown

Grants Paid $2,590,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $2,618,474
Other Expenses $28,474
TOTAL EXPENSES $2,618,474

Year-over-Year Comparison

2023 2022 Change
Revenue $717,893 $1,665,505 -0.6%
Expenses $2,618,474 $128,403 +19.4%
Net Income $-1,900,581 $1,537,102 -2.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sang Gupta President & CEO 10.00
Director
$0 $0 $0
Jaideep Khanna Secretary 10.00
Director
$0 $0 $0
Anita Manwani Director 20.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $717,893 $2,618,474 $2,175,451 $-1,900,581
2022 $1,665,505 $128,403 $4,042,642 $1,537,102
2021 $1,435,061 $280,310 $2,504,314 $1,154,751
2020 $1,074,667 $3,333,365 $1,346,871 $-2,258,698
2019 $3,280,000 $1,502,468 $3,604,762 $1,777,532
2018 $2,189,160 $1,500,050 $1,692,510 $689,110
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