IMPACT INNOVATORS AND ENTREPRENEURS FOUNDATION

EIN: 831851237 501(c)(3) International Affairs

MORRISVILLE, NC

Total Revenue
$1,228,716
Total Expenses
$1,309,932
Total Assets
$1,330,307
Net Assets
$1,310,289
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
DE
Principal Officer
ARIELLE MOLINO
Phone
3038954411
Tax Period
2024-01-01 to 2024-12-31

IMPACT INNOVATORS AND ENTREPRENEURS FOUNDATION, founded in 2017, is a community nonprofit in the International Affairs sector that reported $1.2M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion.

Mission

TO CREATE AN IMPACT ON THE LIVES OF THE DISADVANTAGED, UNDER-SERVED POPULATIONS BY NURTURING MODELS OF INNOVATION AND ENTREPRENEURSHIP.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,221,866
Program Service Revenue $2,738
Investment Income $0
Other Revenue $4,112
TOTAL REVENUE $1,228,716

Expense Breakdown

Grants Paid $867,332
Salaries & Benefits $168,533
Fundraising Expenses $0
Program Expenses $1,185,243
Other Expenses $274,067
TOTAL EXPENSES $1,309,932

Year-over-Year Comparison

2024 2023 Change
Revenue $1,228,716 $1,035,885 +0.2%
Expenses $1,309,932 $634,796 +1.1%
Net Income $-81,216 $401,089 -1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
3
Employees
1
Volunteers
5

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
4
$137,257
Total Directors
7
$137,257
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ARIELLE MOLINO CHIEF CONVENER/CEO 40.00
Officer Director
$120,000 $6,607 $126,607
ARUNKUMAR VENKATESAN FMR CEO/SEC. *SEE SCH O 40.00
Officer Director
$10,650 $0 $10,650
AZAD OOMMEN RESIGNED JULY 2024 TREASURER 0.25
Officer Director
$0 $0 $0
JASMIN PATEL PRESIDENT/CHAIR 0.25
Officer Director
$0 $0 $0
JENNY EVERETT DIRECTOR 0.25
Director
$0 $0 $0
NADINE FREEMAN DIRECTOR 0.25
Director
$0 $0 $0
PAUL BASIL RESIGNED JULY 2024 DIRECTOR 0.25
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 $1,228,716 $1,309,932 $1,330,307 $-81,216
2023 $1,035,885 $634,796 $1,392,583 $401,089
2022 $744,813 $699,448 $990,416 $45,365
2021 $727,113 $257,847 $967,845 $469,266
2020 $265,791 $178,380 $482,875 $87,411
2019 $458,931 $89,257 $389,035 $369,674
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