Impact Innovators and Entrepreneurs Foundation
Nonprofit profile at a glance
- EIN
- 831851237
- IRS 990 coverage
- 2019–2025
- Forms available
- Form 990 2025, Form 990-EZ 2018
- Location
- Morrisville, NC, USA
- Phone
- 3038954411
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- International Relief
Reported finances
- Revenue
- $226,429
- Expenses
- $670,819
- Assets
- $880,516
- Liabilities
- $14,617
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- ARIELLE MOLINO (CHIEF CONVENER/CEO)
- ASTOU DIA (PRESIDENT/CHAIR)
Highest reported compensation
- ARIELLE MOLINO (CHIEF CONVENER/CEO): $120,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To create an impact on the lives of the disadvantaged, under-served populations by nurturing models of innovation and entrepreneurship.
What it reported doing in 2025
Impact innovators and entrepreneurs foundation is a member-led network of impact incubators and accelerators in the global south. We exist to support the supporters providing peer learning, shared resources, connections, and programming that helps incubators grow stronger. We believe the ecosystem changes when incubators are strengthened from within. Impact innovators and entrepreneurs foundation brings together incubators across east africa, south asia and southeast asia. Through shared best practice and collective action, impact innovators and entrepreneurs foundation is helping incubators provide more consistent, high-quality support while strengthening their voice within the ecosystem. By generating evidence and convening key stakeholders, the network is enabling incubators to influence funders, investors, and policymakers.
Operating model
- Revenue model
- Donor-supported. 89% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 59% for direct work, and 41% for grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 77
- Accountability: 74
- Sustainability: 21
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 83.8%; rating input score 84
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: 1 of 8 controls in place; rating input score 12
- Claims monitoring procedures: Pass
- Requires narrative reports: Fail
- Conducts field audits: Fail
- May suspend future funding: Fail
- Requires financial reports: Fail
- Conducts site visits: Fail
- Requires grant agreements: Fail
- May require repayment: Fail
- Grant itemization coverage: 100%; rating input score 100; 81st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 83.3%; rating input score 83; 24th percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -196.3%; rating input score 1; 1st percentile among comparable filings
- Total-asset coverage ratio: 1.31; rating input score 48; 48th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 36; 36th percentile among comparable filings
- Officer compensation ratio: 17.9%; rating input score 20; 20th percentile among comparable filings
Growth
- Program expense growth: 29.9% per year; rating input score 100; 89th percentile among comparable filings
- Revenue growth: 16.4% per year; rating input score 100; 82nd percentile among comparable filings
- Asset growth: 20.9% per year; rating input score 100; 84th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 83.8% of spending went to programs
- Governance: 5 of 6 board members independent · 5 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $562K in reported program spending
- Leadership: top reported pay $120K · 6 people listed
- Consistency: 27 of 27 current checks pass
- Schedules: 5 filed schedules · includes major donors and foreign activity
- Filing history: 6 filing years from 2019 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Foreign activity oversight: 7 of 8 not reported.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- High — Sustainability: Operating margin scored 1/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 48/100.
- High — Sustainability: Officer compensation ratio scored 20/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 36/100.