IMPACT INNOVATORS AND ENTREPRENEURS FOUNDATION
Cite this
Plain text IMPACT INNOVATORS AND ENTREPRENEURS FOUNDATION. Strategy Studio, nonprofit organization profile, tax years 2018–2024. https://strategystudio.org/org/831851237. Retrieved 2026-10-18.
APA Strategy Studio. (n.d.). IMPACT INNOVATORS AND ENTREPRENEURS FOUNDATION [Nonprofit organization profile; tax years 2018–2024]. Retrieved October 18, 2026, from https://strategystudio.org/org/831851237
MLA “IMPACT INNOVATORS AND ENTREPRENEURS FOUNDATION.” Strategy Studio, tax years 2018–2024, https://strategystudio.org/org/831851237. Accessed 18 Oct. 2026.
Retrieved 2026-10-18; covers tax years 2018–2024. Data: Strategy Studio, CC BY 4.0.
2024 · Form 990 · revenue $1.2M · expenses $1.3M · assets $1.3M
- Also known as
- FOUNDATION
- EIN
- 83-1851237
- Address
- 10520 CHAPEL HILL RD UNIT 766, MORRISVILLE, NC 27560-3037
- NTEE code
- Q33
- Subsection
- 501(c)(3)
- Ruling year
- 2019
- Cross-check
- ProPublica Nonprofit Explorer
Mission
TO CREATE AN IMPACT ON THE LIVES OF THE DISADVANTAGED, UNDER-SERVED POPULATIONS BY NURTURING MODELS OF INNOVATION AND ENTREPRENEURSHIP.
Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).
People paid by the organization
3 people paid across every filing: current people first, then by total pay from this organization. Organizations counts every nonprofit each person appears on.
| Name | Latest title | Years | Latest year pay | Total pay from here | Organizations |
|---|---|---|---|---|---|
| Arunkumar Venkatesan | FMR CEO/SEC. *SEE SCH O | 2019-2024 | $10,650 | $303,200 | 1 |
| Arielle Molino | CHIEF CONVENER/CEO | 2023-2024 | $126,607 | $176,607 | 1 |
| Anand Narayan (former) | SECRETARY | 2018-2022 | $0 | $5,000 | 1 |
Officers and directors, no compensation reported
7 people listed on the returns with $0 (or no amount) in every compensation column: current people first. Hours are as filed on the latest return each person appears on.
| Name | Latest title | Years | Hrs/wk (latest) | Compensation | Organizations |
|---|---|---|---|---|---|
| Azad Oommen Resigned July 2024 | TREASURER | 2024 | 0 | $0 reported | 1 |
| Jasmin Patel | PRESIDENT/CHAIR | 2018-2024 | 0 | $0 reported | 1 |
| Jenny Everett | DIRECTOR | 2021-2024 | 0 | $0 reported | 1 |
| Nadine Freeman | DIRECTOR | 2021-2024 | 0 | $0 reported | 1 |
| Paul Basil Resigned July 2024 | DIRECTOR | 2024 | 0 | $0 reported | 1 |
| Azad Oommen (former) | TREASURER | 2018-2023 | 0 | $0 reported | 1 |
| Paul Basil (former) | DIRECTOR | 2021-2023 | 0 | $0 reported | 1 |
People by year
2024 · 7 people listed · 2 paid, $137K · 1 employee · 5 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| ARIELLE MOLINO | CHIEF CONVENER/CEO | 40 | $120,000 | $0 | $6,607 | $126,607 | 1 |
| ARUNKUMAR VENKATESAN | FMR CEO/SEC. *SEE SCH O | 40 | $10,650 | $0 | $0 | $10,650 | 1 |
| AZAD OOMMEN RESIGNED JULY 2024 | TREASURER | 0 | $0 | $0 | $0 | $0 | 1 |
| JASMIN PATEL | PRESIDENT/CHAIR | 0 | $0 | $0 | $0 | $0 | 1 |
| JENNY EVERETT | DIRECTOR | 0 | $0 | $0 | $0 | $0 | 1 |
| NADINE FREEMAN | DIRECTOR | 0 | $0 | $0 | $0 | $0 | 1 |
| PAUL BASIL RESIGNED JULY 2024 | DIRECTOR | 0 | $0 | $0 | $0 | $0 | 1 |
2023 · 7 people listed · 2 paid, $105K · 2 employees · 6 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| ARUNKUMAR VENKATESAN | CEO/DIRECTOR/SECRETARY | 40 | $44,100 | $0 | $10,835 | $54,935 | 1 |
| ARIELLE MOLINO | CHIEF CONVENER | 40 | $50,000 | $0 | $0 | $50,000 | 1 |
| AZAD OOMMEN | TREASURER | 0 | $0 | $0 | $0 | $0 | 1 |
| JASMIN PATEL | CHAIR | 0 | $0 | $0 | $0 | $0 | 1 |
| JENNY EVERETT | DIRECTOR | 0 | $0 | $0 | $0 | $0 | 1 |
| NADINE FREEMAN | DIRECTOR | 0 | $0 | $0 | $0 | $0 | 1 |
| PAUL BASIL | DIRECTOR | 0 | $0 | $0 | $0 | $0 | 1 |
2022 · 7 people listed · 1 paid, $78K · 1 employee · 5 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| ARUNKUMAR VENKATESAN | CEO/DIRECTOR | 40 | $74,667 | $0 | $3,273 | $77,940 | 1 |
| ANAND NARAYAN | SECRETARY | 0 | $0 | $0 | $0 | $0 | 1 |
| JASMIN PATEL | CHAIR | 0 | $0 | $0 | $0 | $0 | 1 |
| AZAD OOMMEN | TREASURER | 0 | $0 | $0 | $0 | $0 | 1 |
| PAUL BASIL | DIRECTOR | 0 | $0 | $0 | $0 | $0 | 1 |
| JENNY EVERETT | DIRECTOR | 0 | $0 | $0 | $0 | $0 | 1 |
| NADINE FREEMAN | DIRECTOR | 0 | $0 | $0 | $0 | $0 | 1 |
2021 · 7 people listed · 1 paid, $77K · 1 employee · 0 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| ARUNKUMAR VENKATESAN | CEO/DIRECTOR | 40 | $70,000 | $0 | $7,470 | $77,470 | 1 |
| ANAND NARAYAN | SECRETARY | 0 | $0 | $0 | $0 | $0 | 1 |
| JASMIN PATEL | CHAIR | 0 | $0 | $0 | $0 | $0 | 1 |
| AZAD OOMMEN | TREASURER | 0 | $0 | $0 | $0 | $0 | 1 |
| PAUL BASIL | DIRECTOR | 0 | $0 | $0 | $0 | $0 | 1 |
| JENNY EVERETT | DIRECTOR | 0 | $0 | $0 | $0 | $0 | 1 |
| NADINE FREEMAN | DIRECTOR | 0 | $0 | $0 | $0 | $0 | 1 |
2020 · 4 people listed · 1 paid, $53K · 0 employees · 3 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| Arunkumar Venkatesan | Director | 40 | $53,038 | $0 | $0 | $53,038 | 1 |
| Anand Narayan | Secretary | 0 | $0 | $0 | $0 | $0 | 1 |
| Jasmin Patel | President | 0 | $0 | $0 | $0 | $0 | 1 |
| Azad Oommen | Treasurer | 0 | $0 | $0 | $0 | $0 | 1 |
2019 · 4 people listed · 2 paid, $34K · 0 employees · 3 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| Arunkumar Venkatesan | Director | 40 | $29,167 | $0 | $0 | $29,167 | 1 |
| Anand Narayan | Secretary | 0 | $5,000 | $0 | $0 | $5,000 | 1 |
| Jasmin Patel | President | 0 | $0 | $0 | $0 | $0 | 1 |
| Azad Oommen | Treasurer | 0 | $0 | $0 | $0 | $0 | 1 |
2018 · 3 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| Anand Narayan | Secretary | 0 | $0 | - | - | $0 | 1 |
| Jasmin Patel | President | 0 | $0 | - | - | $0 | 1 |
| Azad Oommen | Treasurer | 0 | $0 | - | - | $0 | 1 |
Highest-paid independent contractors
No independent contractors reported.
Who gave
Contributor names are not public for this form type.
Public charities filing Form 990 or 990-EZ report large donors on Schedule B, but the IRS withholds their names and addresses from public copies. Private foundations (990-PF) are different: their contributors are public.
Finances
Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.
| Revenue | Expenses | Assets | Net assets | Contributions | Program revenue | Officer pay | Employees | Volunteers |
|---|---|---|---|---|---|---|---|---|
| 2024 · Form 990 | ||||||||
| $1,228,716 | $1,309,932 | $1,330,307 | $1,310,289 | $1,221,866 | $2,738 | $120,000 | 1 | 5 |
| 2023 · Form 990 | ||||||||
| $1,035,885 | $634,796 | $1,392,583 | $1,391,505 | $1,035,885 | $0 | $94,100 | 2 | 6 |
| 2022 · Form 990 | ||||||||
| $744,813 | $699,448 | $990,416 | $990,416 | $743,517 | $1,296 | $74,667 | 1 | 5 |
| 2021 · Form 990 | ||||||||
| $727,113 | $257,847 | $967,845 | $945,051 | $713,166 | $13,947 | $70,000 | 1 | 0 |
| 2020 · Form 990 | ||||||||
| $265,791 | $178,380 | $482,875 | $475,785 | $198,974 | $66,817 | $53,038 | 0 | 3 |
| 2019 · Form 990 | ||||||||
| $458,931 | $89,257 | $389,035 | $388,374 | $289,742 | $169,189 | $0 | 0 | 3 |
| 2018 · Form 990EZ | ||||||||
| $19,517 | $817 | $19,537 | $18,700 | - | - | - | - | - |
Funders of this organization
1 grantor reported grants to this organization, $736,303 in all, tax years 2021 to 2024. Exact: the grantor wrote this organization's EIN. Fuzzy: the grantor wrote only a name (foundations' 990-PF has no EIN field), matched to the same or a near-identical name in the same state; the name as filed is shown. From the latest return for each grantor and year, so amended returns aren't counted twice. CSV
| Grantor | Type | Match | Years given | Grants | Total | Latest year | Latest year's amount | Grants |
|---|---|---|---|---|---|---|---|---|
| JOHNS HOPKINS UNIVERSITY | Public charity | Exact | 2021-2024 | 4 | $736,303 | 2024 | $163,849 | show |
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| HOME OF HOPE INDIA-US | NC | Q33 | $1,642,267 | $1,355,348 | EXECUTIVE DI | $75,000 | Same NTEE code Q33, revenue within 2x, same state |
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| ASANTE AFRICA FOUNDATION INC | CA | Q33 | $1,160,666 | $1,063,746 | Director | $0 | Same NTEE code Q33, revenue within 2x |
| WOMEN WIN FOUNDATION INC | FL | Q33 | $1,495,829 | $1,226,284 | Key Employee | $96,294 | Same NTEE code Q33, revenue within 2x |
Who funds organizations like this
Grantors that funded the 100 most similar organizations. Ranked by total given to them. Foundations (990-PF) and donor-advised fund sponsors only. Same matching as Funders above (by EIN, or by name for foundations).
The full list · all similar organizations
Where the money went
Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.
2024 · Form 990 · $1,309,932 spent · pay $168,533 · grants $867,332 · events $18,996
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Grants outside the US | $867,332 | $867,332 | - | - | 66.2% | |
| Fees: other services | $121,087 | $96,870 | $24,217 | - | 9.2% | |
| Pay: officers, directors, trustees, key employees | $120,000 | $96,000 | $24,000 | - | 9.2% | |
| Advertising and promotion | $56,739 | $45,391 | $11,348 | - | 4.3% | |
| Payroll taxes | $41,926 | $33,541 | $8,385 | - | 3.2% | |
| Fees: accounting | $33,480 | - | $33,480 | - | 2.6% | |
| Travel | $28,396 | $22,716 | $5,680 | - | 2.2% | |
| Conferences, conventions and meetings | $18,996 | $15,197 | $3,799 | - | 1.5% | |
| Other employee benefits | $6,607 | $5,286 | $1,321 | - | 0.5% | |
| Office expenses | $4,521 | - | $4,521 | - | 0.3% | |
| Other (as described) | MISCELLANEOUS | $3,846 | - | $3,846 | - | 0.3% |
| Fees: legal | $3,164 | - | $3,164 | - | 0.2% | |
| Information technology | $2,910 | $2,910 | - | - | 0.2% | |
| Other (as described) | LICENSES & PERMITS | $562 | - | $562 | - | 0.0% |
| Other (as described) | BUSINESS REGISTRATION F | $366 | - | $366 | - | 0.0% |
| Total | $1,309,932 | 100% |
2023 · Form 990 · $634,796 spent · pay $122,994 · grants $322,864 · events $7,777
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Grants outside the US | $322,864 | $322,864 | - | - | 50.9% | |
| Fees: other services | $102,436 | $81,950 | $20,486 | - | 16.1% | |
| Pay: officers, directors, trustees, key employees | $94,100 | $75,280 | $18,820 | - | 14.8% | |
| Fees: accounting | $28,640 | - | $28,640 | - | 4.5% | |
| Travel | $18,751 | $15,001 | $3,750 | - | 3.0% | |
| Payroll taxes | $18,059 | $14,447 | $3,612 | - | 2.8% | |
| Information technology | $13,594 | $13,594 | - | - | 2.1% | |
| Advertising and promotion | $12,466 | $12,466 | - | - | 2.0% | |
| Other employee benefits | $10,835 | $8,668 | $2,167 | - | 1.7% | |
| Conferences, conventions and meetings | $7,777 | $6,222 | $1,555 | - | 1.2% | |
| Fees: legal | $3,284 | - | $3,284 | - | 0.5% | |
| Office expenses | $748 | - | $748 | - | 0.1% | |
| Other (as described) | BUSINESS REGISTRATION F | $539 | - | $539 | - | 0.1% |
| Other (as described) | MISCELLANEOUS | $413 | - | $413 | - | 0.1% |
| Other (as described) | LICENSES & PERMITS | $290 | - | $290 | - | 0.0% |
| Total | $634,796 | 100% |
2022 · Form 990 · $699,448 spent · pay $84,155 · grants $429,964 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Grants outside the US | $429,964 | $429,964 | - | - | 61.5% | |
| Fees: other services | $133,520 | $106,816 | $26,704 | - | 19.1% | |
| Pay: officers, directors, trustees, key employees | $74,667 | $59,733 | $14,934 | - | 10.7% | |
| Fees: accounting | $18,119 | - | $18,119 | - | 2.6% | |
| Fees: legal | $12,858 | - | $12,858 | - | 1.8% | |
| Advertising and promotion | $12,338 | $12,338 | - | - | 1.8% | |
| Information technology | $7,239 | $7,239 | - | - | 1.0% | |
| Payroll taxes | $6,215 | $4,971 | $1,244 | - | 0.9% | |
| Other employee benefits | $3,273 | $2,618 | $655 | - | 0.5% | |
| Other (as described) | MISCELLANEOUS | $877 | - | $877 | - | 0.1% |
| Office expenses | $378 | - | $378 | - | 0.1% | |
| Total | $699,448 | 100% |
2021 · Form 990 · $257,847 spent · pay $82,825 · grants $126,000 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Grants outside the US | $126,000 | $126,000 | - | - | 48.9% | |
| Pay: officers, directors, trustees, key employees | $70,000 | $56,000 | $14,000 | - | 27.1% | |
| Fees: other services | $36,295 | $29,036 | $7,259 | - | 14.1% | |
| Other employee benefits | $7,470 | $5,976 | $1,494 | - | 2.9% | |
| Advertising and promotion | $6,038 | $6,038 | - | - | 2.3% | |
| Payroll taxes | $5,355 | $4,284 | $1,071 | - | 2.1% | |
| Information technology | $2,418 | $2,418 | - | - | 0.9% | |
| Other (as described) | MISCELLANEOUS | $1,698 | - | $1,698 | - | 0.7% |
| Office expenses | $1,373 | - | $1,373 | - | 0.5% | |
| Fees: accounting | $1,200 | - | $1,200 | - | 0.5% | |
| Total | $257,847 | 100% |
2020 · Form 990 · $178,380 spent · pay $57,095 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Other (as described) | Consultants & Contractors | $69,995 | - | $69,995 | - | 39.2% |
| Pay: officers, directors, trustees, key employees | $53,038 | - | $53,038 | - | 29.7% | |
| Fees: legal | $20,687 | - | $20,687 | - | 11.6% | |
| Insurance | $17,530 | - | $17,530 | - | 9.8% | |
| Travel | $8,998 | $8,998 | - | - | 5.0% | |
| Payroll taxes | $4,057 | - | $4,057 | - | 2.3% | |
| Fees: other services | $1,549 | - | $1,549 | - | 0.9% | |
| Fees: accounting | $1,200 | - | $1,200 | - | 0.7% | |
| Other (as described) | Bank Service Charges | $537 | - | $537 | - | 0.3% |
| Other (as described) | Licenses and Permits | $487 | - | $487 | - | 0.3% |
| Other (as described) | Website | $277 | - | $277 | - | 0.2% |
| All other expenses | $25 | - | $25 | - | 0.0% | |
| Total | $178,380 | 100% |
2019 · Form 990 · $89,257 spent · pay $0 · grants $0 · events $800
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Travel | $40,465 | $40,465 | - | - | 45.3% | |
| Other (as described) | Consultants & Contractors | $38,953 | - | $38,953 | - | 43.6% |
| Fees: legal | $5,200 | - | $5,200 | - | 5.8% | |
| Fees: accounting | $1,232 | - | $1,232 | - | 1.4% | |
| Travel or entertainment for public officials | $960 | - | $960 | - | 1.1% | |
| Other (as described) Event | General Event Expenses | $800 | $800 | - | - | 0.9% |
| Other (as described) | Bank Service Charges | $528 | - | $528 | - | 0.6% |
| Insurance | $490 | - | $490 | - | 0.5% | |
| Other (as described) | Licenses and Permits | $472 | - | $472 | - | 0.5% |
| Fees: other services | $132 | - | $132 | - | 0.1% | |
| All other expenses | $25 | - | $25 | - | 0.0% | |
| Total | $89,257 | 100% |
2018 · Form 990EZ · $817 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Other expenses (detail on Schedule O) | $817 | 100.0% | |
| Total | $817 | 100% |