Overview

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Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

IMPACT-U FOUNDATION INC is a nonprofit organization dedicated to providing scholarships and financial aid to students facing economic hardship. With an operating budget of $56.6K and total revenue of $103.2K for the 2024 filing year, the foundation identifies at-risk students and offers them financial assistance along with integral support to help them achieve financial security and develop skills essential for success in the labor market. The organization does not rely on a single funder for 50% or more of its revenue.

Mission Statement

WE IDENTIFY STUDENTS FACING ECONOMIC HARDSHIP WITH THEIR LIVING EXPENSES AND AT RISK OF DROPPING OUT. STUDENTS RECEIVE FINANCIAL ASSISTANCE AND INTEGRAL SUPPORT, SO THEY CAN BE FINANCIALLY SECURE AND BUILD SKILLS OUTSIDE OF THEIR ACADEMIC CURRICULUM TO SUCCEED IN THE LABOR MARKET
Revenues
$103.2K
Expenses
$56.6K
Net Income:
+$46.6K
Assets
$176.5K
Liabilities
$11.1K
Net Assets:
+$165.3K
Operating Budget
$56.6K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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L
Liliana Arroyave Osorno
Board Member
A
Alejandra Pinzon
Board Member
E
Estefani Roldan
Board Member

Frequently Asked Questions

What is IMPACT-U FOUNDATION INC’s budget?
In 2024, IMPACT-U FOUNDATION INC reported an annual operating budget of around $57 thousand. More detailed financial information is available to registered users.
What causes does IMPACT-U FOUNDATION INC support?
IMPACT-U FOUNDATION INC supports work in Scholarships & Financial Aid.
Where does IMPACT-U FOUNDATION INC operate?
IMPACT-U FOUNDATION INC is headquartered in East Boston, MA.