Impact Tomorrow Inc is located in Waltham, MA. The organization was established in 2019. According to its NTEE Classification (Q12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Impact Tomorrow 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 12/2021, Impact Tomorrow Inc generated $992.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (17.2%) each year. All expenses for the organization totaled $400.0 during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (23.8%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO RAISE FUND TO SUPPORT COLLEGE EDUCATION FOR POVERTY-STRICKEN STUDENTS AROUND THE WORLD.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Veena Nakka Secretary | 0 | $0 | |
Navya Nakka President & CEO | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $992 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $992 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $400 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $0 |
Total expenses | $400 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $3,740 |
Other assets | $0 |
Total assets | $3,740 |
Total liabilities | $0 |
Net assets or fund balances | $3,740 |
Over the last fiscal year, we have identified 1 grants that Impact Tomorrow Inc has recieved totaling $20.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $20 |
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American Committee For Sanz Institutions Of Israel Inc Brooklyn, NY | $4,640,330 | $4,554,061 |