Impact Internships Inc
- Assets
- $7.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Long Beach, CA
- Founding
- 07/2017
- Data as of
- 12/2023
- EIN
- 82-2028464
Organization Overview
Impact Internships Inc is located in Long Beach, CA. The organization was established in 2017. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Impact Internships 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 12/2023, Impact Internships Inc generated $151.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 23.7% each year . All expenses for the organization totaled $145.0k during the year ending 12/2023. While expenses have increased by 22.2% per year over the past 3 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE HEALTH SCIENCES IMMERSION PROGRAM HSIP INTRODUCES STUDENTS TO THE ACADEMIC PROFESSIONAL AND RESEARCH COMPONENTS OF THE HEALTH SCIENCES FIELD. STUDENTS HEAR FROM SCIENCE PROFESSORS HEALTH PROFESSIONALS AND GRADUATE STUDENTS AS GUEST SPEAKERS THROUGHOUT THE 9 WEEK PROGRAM. HSIP STUDENTS ALSO UNDERTAKE A SERIES OF LEADERSHIP WORKSHOPS AS WELL AS ACTIVITIES RELATED TO COLLEGE AND CAREER DEVELOPMENT. STUDENTS ALSO COMPLETE A BASIC SCIENTIFIC LITERATURE RESEARCH PROJECT. TO ENHANCE ACCESSIBILITY ALL LOW-INCOME STUDENTS WHOSE FAMILIES MEET THE FEDERAL FREE AND REDUCED LUNCH FAMILY INCOME REQUIREMENTS ARE ENROLLED INTO THE PROGRAM AT NO COST AND ATTEND THE PROGRAM FOR FREE. OTHER STUDENTS PAY A PROGRAM FEE LOWER THAN MANY COMPARABLE PROGRAMS WHICH ENABLES HSIP TO BE RUN IN A SUSTAINABLE AND HIGH QUALITY MANNER. DURING 2022 ALL 6 SESSIONS OF HSIP TOOK PLACE VIRTUALLY THROUGH THE ZOOM VIDEOCONFERENCE SOFTWARE. DURING 2022 HSIP SERVED OVER 220 STUDENTS. APPROXIMATELY 80 STUDENTS ATTENDED HSIP DURING THE TWO SESSIONS OF SPRING 2022 FOLLOWED BY 85 STUDENTS DURING THE TWO SESSIONS OF SUMMER 2022 AS WELL AS A FURTHER 65 STUDENTS DURING THE TWO SESSIONS OF FALL 2022.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Rayudu Executive Director | 42 | $98,880 | |
Jack Orswell Board Member | 0 | $0 | |
Michael Bordy Board Member | 0 | $0 | |
Jack Von Bulow Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $151,940 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $151,940 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $110,168 |
| Professional fees and other payments to independent contractors | $11,103 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $23,768 |
| Total expenses | $145,039 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,525 |
| Other assets | $0 |
| Total assets | $7,525 |
| Total liabilities | $0 |
| Net assets or fund balances | $7,525 |