Innovators For Purpose

Organization Overview

Innovators For Purpose is located in Acton, MA. The organization was established in 2015. According to its NTEE Classification (O19) the organization is classified as: Support N.E.C., under the broad grouping of Youth Development and related organizations. As of 06/2022, Innovators For Purpose employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Innovators For Purpose 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 06/2022, Innovators For Purpose generated $392.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 46.9% each year . All expenses for the organization totaled $315.6k during the year ending 06/2022. While expenses have increased by 36.0% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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

YOUTH DEVELOPMENT AND STEM EDUCATION ORGANIZATION

Describe the Organization's Program Activity:

Part 3 - Line 4a

IFP STUDIOS-TEENS WORK IN COLLABORATION WITH DESIGNERS, ARTISTS TO CREATE REAL-PROJECTS WITH REAL-IMPACT. IFP ROBOTICS LAB-STUDENTS TAKE A HUMANITIES FIRST APPROACH TO ROBOTICS BY DEVELOPING AND UNDERSTANDING OF THE CHALLENGES PEOPLE WITH DISABILITIES FACE EACH DAY. STUDENTS UNCOVER PROBLEMS OF INTEREST THEN CREATE ROBOTIC PROTOTYPES TO ADDRESS CHALLENGES. IFP DIGITAL FABRICATION LAB-STUDENTS LEARN TO DREAM, DESIGN, AND MAKE ALMOST ANYTHING WITH DIGITAL FABRICATION TOOLS INCLUDING 3D-PRINTERS, LASER CUTTER, AND MORE.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

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$316,952
Noncash contributions included in lines 1a–1f $25,500
Total Revenue from Contributions, Gifts, Grants & Similar$316,952
Total Program Service Revenue$75,600
Investment income $0
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 $392,552

Grants Recieved

Over the last fiscal year, we have identified 7 grants that Innovators For Purpose has recieved totaling $129,000.

Awarding OrganizationAmount
Linde Family Foundation

Boston, MA

PURPOSE: OPERATION NEXT STEP

$75,000
Akamai Foundation Inc

Cambridge, MA

PURPOSE: IFP STUDIOS: 2BLOCKS - TOOLS OF CURIOSITY

$25,000
Cambridge Community Foundation

Cambridge, MA

PURPOSE: PROGRAM ASSISTANCE

$10,000
Nellie Mae Education Foundation Inc

Quincy, MA

PURPOSE: SUPPORTING STAFF MENTAL HEALTH

$6,000
Charter Oak Foundation

West Simsbury, CT

PURPOSE: GENERAL SUPPORT

$5,000
Albert O Wilson Foundation Inc

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$5,000
View Grant Recipient Profile

Create an account to unlock the data you need.

or