Impact Internships Inc

Nonprofit profile at a glance

EIN
822028464
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024, Form 990-N 2020
Location
Long Beach, CA, USA
Rating
51
Verdict
MIXED
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Reported finances

Revenue
$188,075
Expenses
$172,353
Assets
$23,247

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • David Rayudu (Executive Director)

People named in this filing

  • David Rayudu (Executive Director)
  • Jack Orswell (Board Member)
  • Michael Bordy (Board Member)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The non-profits mission is to introduce the Science Technology Engineering and Mathematics STEM field to high school students through enrichment programs and experiential learning.

What it reported doing in 2024

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 2024 all 6 sessions of HSIP took place virtually through the Zoom videoconference software. During 2024 HSIP served over 225 students in the Spring Fall and Summer.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 24
  • Transparency & Controls: 82
  • Sustainability: 30
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 22.7%; rating input score 23
  • Program expense ratio: 24.8%; rating input score 25

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 8.4%; rating input score 55; 55th percentile among comparable filings
  • Total-asset coverage ratio: 0.13; rating input score 14; 14th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 57.4%; rating input score 3; 3rd percentile among comparable filings

Growth

  • Program expense growth: 43.1% per year; rating input score 100; 90th percentile among comparable filings
  • Revenue growth: 31.3% per year; rating input score 100; 91st percentile among comparable filings
  • Asset growth: 108.1% per year; rating input score 100; 98th percentile among comparable filings

Details

  • Where the money goes: 22.7% of revenue deployed · 24.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $43K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Financial Efficiency: Mission deployment rate scored 23/100.
  • High — Financial Efficiency: Program expense ratio scored 25/100.
  • High — Sustainability: Total-asset coverage ratio scored 14/100.
  • Review — Sustainability: Operating margin scored 55/100.
  • High — Sustainability: Officer compensation ratio scored 3/100.