Overview
What is The Not Impossible Foundation Inc?
The Not Impossible Foundation Inc is a charitable organization that utilizes entrepreneurship, innovation, and storytelling to drive technological advancements for humanitarian purposes. Two of its key projects, Project Daniel and Project Tempt, are particularly noteworthy. Project Daniel focuses on supporting individuals with limb loss, funding their health and education, and advancing 3D prosthetic solutions through continuous development. Meanwhile, Project Tempt concentrates on eyewriter development, providing ongoing support to its users, and promoting accessible health tech innovations. By sharing the stories of these projects' impact, The Not Impossible Foundation inspires and fuels technological progress for the betterment of humanity.
Official website here: www.facebook.com/notimpossiblefoundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 74%, earning it a Two-Star out of Four Star rating. The Not Impossible Foundation Inc has shown a solid commitment to governance and accountability, as evidenced by their 100% independent board members and strong scores in various policy areas like conflict of interest and whistleblower protections. However, the organization struggles in financial transparency, notably scoring zero points for financial statements and the posting of tax forms on their website.
The foundation has demonstrated strengths in asset management, with a favorable liabilities to assets ratio and high program expense ratio, indicating that a significant portion of its resources is allocated towards its programs. Nonetheless, the lack of independent board size reporting and financial document transparency raises concerns about potential challenges in oversight and financial management.
Overall, while The Not Impossible Foundation Inc displays high standards in governance policies, improvements in financial reporting and transparency are essential for gaining greater trust from donors and stakeholders. The organization's current rating reflects these strengths and weaknesses, suggesting the need for ongoing efforts to enhance financial accountability.
This AI summary has been generated from information found on Charity Navigator.
Is The Not Impossible Foundation Inc legitimate?
The Not Impossible Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Not Impossible Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.facebook.com/notimpossiblefoundation
What is the mission statement of The Not Impossible Foundation Inc?
The Not Impossible Foundation's mission is to drive technology forward with a focus on humanitarian causes, utilizing entrepreneurship and innovation. They achieve this by telling compelling stories, which serve as a catalyst for their projects. One of their initiatives, Project Daniel, supports the health and education of individuals using alpha prosthetics while furthering the development of accessible 3D prosthetic solutions. Another project, Project Tempt, funds the eyewriter development and ensures the well-being of its alpha user, while promoting the advancement of accessible health technology through the story of the beta user.
Official website here: www.facebook.com/notimpossiblefoundation
Who is the CEO of The Not Impossible Foundation Inc?
Mike Blacker is the President of The Not Impossible Foundation Inc.
Official website here: www.facebook.com/notimpossiblefoundation
What is the revenue of The Not Impossible Foundation Inc?
The Not Impossible Foundation Inc's revenue in 2022 was $812,906.
Official website here: www.facebook.com/notimpossiblefoundation
Who are the executives of The Not Impossible Foundation Inc and what are their salaries?
There 2 volunteers at The Not Impossible Foundation Inc.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.facebook.com/notimpossiblefoundation
Where can I find the form 990 for The Not Impossible Foundation Inc?
The Not Impossible Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.facebook.com/notimpossiblefoundation
Learn more at the official website: www.facebook.com/notimpossiblefoundation
Mission Statement of The Not Impossible Foundation Inc
The Not Impossible Foundation, a humanitarian organization, harnesses the power of entrepreneurship, innovation, and storytelling to drive technology for the betterment of humanity. Their mission is twofold: they fund projects that cater to the health and education needs of individuals, such as Project Daniel, which supports alpha prosthetic users and advances the development of accessible 3D prosthetic solutions. Additionally, they champion Project Tempt, which focuses on eyewriter development, ensuring the well-being of the alpha eyewriter user while also advancing accessible health tech solutions by sharing the story of the beta user. The Not Impossible Foundation's endeavors are geared towards making technology more accessible and beneficial for people worldwide.
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Impact
July, 2024
The Not Impossible Foundation Inc fuels technology for the sake of humanity through entrepreneurship, innovation, and storytelling. Projects like Project Daniel support the health and education of alpha prosthetic users and advance accessible 3D prosthetic solutions through prosthetic printing. Additionally, Project Tempt provides funding for eyewriter development, supports alpha eyewriter users, and promotes accessible health tech solutions through storytelling. This foundation is making a significant impact in advancing technology for the benefit of those in need, particularly in the areas of prosthetics and health technology.
This information is meant to be a general summary of The Not Impossible Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $24,849
- Gross Receipts: $812,906
Assets and Liabilities:
- Total Assets: $1,266,680
- Total Liabilities: $1,054
- Net Assets: $1,265,626
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SPONSORSHIP
Revenue
$24,849
Organization Details
Founding Year
2010
Phone
(310) 577-9963Principal Officer
Mike Blacker
Main Address
628 CALIFORNIA AVENUE, VENICE, CA, 90291
NTEE Category
Code: G96 - Disease
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