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Powering Potential Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 473046472 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Powering Potential Inc?

Powering Potential Inc, a nonprofit organization based in New York City, New York, seeks to enhance education in developing countries by providing solar-powered computers to schools. Their mission is to utilize technology to stimulate imagination and learning, while respecting and incorporating the values of the local culture. With a small team of dedicated individuals, Powering Potential Inc aims to make a significant impact on the educational landscape of less-developed regions, fostering knowledge and innovation among young learners.


Official website here: www.poweringpotneital.org

Is Powering Potential Inc legitimate?

Powering Potential Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Powering Potential 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: $88,168
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.poweringpotneital.org

What is the mission statement of Powering Potential Inc?

Powering Potential Inc's mission is centered around utilizing technology to enhance education and stimulate creativity in learners from developing countries. This is done while respecting and incorporating the values of the local culture. Their primary goal is to equip schools with solar-powered computers, thereby providing children with an opportunity to learn effectively. This organization strives to make education more accessible and engaging, fostering a love for learning in young minds.


Official website here: www.poweringpotneital.org

What is the revenue of Powering Potential Inc?

Powering Potential Inc's revenue in 2024 was $243,386.


Official website here: www.poweringpotneital.org

Who are the executives of Powering Potential Inc and what are their salaries?

The average compensation at Powering Potential Inc during 2024 was $29,389. There are 3 employees and 5 volunteers at Powering Potential Inc.

Here are 8 key members and their salaries:


Janice M Lathen (President)
  • Compensation: $42,916
  • Related: $0
  • Other: $1,040
Caitlin B Kelley (Executive Director)
  • Compensation: $37,917
  • Related: $0
  • Other: $3,150
Deidre Smith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laszlo Schneider (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claire Avett (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Cohen (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Obenshain (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Brandt (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.poweringpotneital.org

Where can I find the form 990 for Powering Potential Inc?

Powering Potential Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.poweringpotneital.org

Learn more at the official website: www.poweringpotneital.org

Mission Statement of Powering Potential Inc

Powering Potential Inc is a nonprofit organization dedicated to enhancing education and stimulating the imagination of learners in developing countries. They achieve this by utilizing technology and respecting the values of the local culture. Their mission is to equip schools in these regions with solar-powered computers, thereby providing children with access to digital learning resources. By doing so, Powering Potential Inc aims to foster a love for learning and nurture creative minds, ultimately empowering future generations in these nations.

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Impact




October, 2024

Powering Potential Inc. significantly impacts education in developing countries by providing solar-powered computers to schools. This initiative enhances learning opportunities and stimulates creativity among students while being mindful of local cultural values. By integrating technology into the educational landscape, Powering Potential Inc. helps bridge the digital divide, empowering learners with essential skills and knowledge necessary for success in an increasingly tech-driven world. The program not only supports academic growth but also fosters a sense of innovation and imagination, encouraging students to envision and work towards a brighter future for themselves and their communities.




This information is meant to be a general summary of Powering Potential 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.

Revenue
$243,386 (2024)
Expenses
$253,780 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $1
  • Gross Receipts: $243,386

Assets and Liabilities:

  • Total Assets: $258,972
  • Total Liabilities: $1,080
  • Net Assets: $257,892

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Organization Details

Founding Year

2015

Principal Officer

Janice M Lathen

NTEE Category

Code: Q33 - International

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