Friends Of Odyssey Impact Inc

Organization Overview

Friends Of Odyssey Impact Inc is located in New York, NY. The organization was established in 2011. According to its NTEE Classification (X11) the organization is classified as: Single Organization Support, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Odyssey Impact Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Friends Of Odyssey Impact Inc generated $359.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (15.6%) each year. All expenses for the organization totaled $1.7m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (13.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

FRIENDS OF ODYSSEY IMPACT, INC. IS A SUPPORTING ORGANIZATION FOR THE ODYSSEY IMPACT, INC. ("OI"), A 501(C)(3) PUBLIC CHARITY. THE PURPOSE OF FRIENDS OF ODYSSEY IMPACT, INC. IS TO HOLD, MANAGE AND ADMINISTER ASSETS OF OI AND TO USE THEM FOR PURPOSES SPECIFIED BY OI, INCLUDING SUPPORT OF OI ITSELF AND ITS PROGRAMS AND TO BE AT ALL TIMES RESPONSIVE TO ITS NEEDS. ALL FUNDS HELD BY FRIENDS OF ODYSSEY IMPACT, INC. WILL BE USED FOR THE BENEFIT OF OI.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE COMPANY WAS ABLE TO MAKE GRANTS TO THE SUPPORTED ORGANIZATION TO HELP FUND ITS MISSION.


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Board, Officers & Key Employees

Name (title)Compensation
Rita Mullin
Interim Chair
$0
David Purvis
Treasurer
$0
Judge Victoria Pratt
Executive Dir.
$0
Bob Warren
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $359,547
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $359,547

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