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Breakout Foundation

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

EIN: 811983565 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Breakout Foundation?

Breakout Foundation is a nonprofit organization that focuses on recognizing and supporting rising leaders and social entrepreneurs with noteworthy contributions to their communities. The organization operates on a grant-awarding system, reviewing applications on a monthly basis to identify promising candidates. By funding these individuals, Breakout Foundation aims to amplify their impact and inspire positive change within their respective communities. Currently, the organization is in the process of evaluating applications to decide on the recipients of its grants.


Official website here: www.breakout.today/breakoutfoundation

Is Breakout Foundation legitimate?

Breakout Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Breakout Foundation submitted a form 990EZ, 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.


Official website here: www.breakout.today/breakoutfoundation

What is the mission statement of Breakout Foundation?

The Breakout Foundation's mission is centered around grant-awarding. Specifically, it aims to support rising non-profit leaders and social entrepreneurs who are making a positive impact in their communities. The organization conducts regular reviews of application submissions to identify and fund these individuals.


Official website here: www.breakout.today/breakoutfoundation

Who is the CEO of Breakout Foundation?

Kathryn Than is the Treasurer of Breakout Foundation.


Official website here: www.breakout.today/breakoutfoundation

What is the revenue of Breakout Foundation?

Breakout Foundation's revenue in 2022 was $60,674.


Official website here: www.breakout.today/breakoutfoundation

Who are the executives of Breakout Foundation and what are their salaries?


Here are 3 key members and their salaries:


Kathryn Than (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Farber (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aditya Naik (Co-President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.breakout.today/breakoutfoundation

Where can I find the form 990EZ for Breakout Foundation?

Breakout Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.breakout.today/breakoutfoundation

Learn more at the official website: www.breakout.today/breakoutfoundation

Mission Statement of Breakout Foundation

Breakout Foundation is an organization that focuses on recognizing and supporting rising non-profit leaders and social entrepreneurs who are making a significant impact in their communities. Established with the intention of granting funds on a monthly basis, Breakout Foundation is currently in the process of reviewing applications to identify the individuals and organizations that will be beneficiaries of these funds. The organization's mission is to empower these leaders and entrepreneurs, enabling them to continue their positive work in their communities.

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Impact




August, 2024

Breakout Foundation's impact can be seen in the support it provides to rising nonprofit leaders and social entrepreneurs who are making a positive difference in their communities. By awarding grants on a monthly basis, the foundation is helping to drive positive change and foster innovation in areas that benefit community improvement. This proactive approach to funding and recognizing impactful projects is instrumental in catalyzing growth and sustainable development in various social sectors.




This information is meant to be a general summary of Breakout Foundation. 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
$60,674 (2022)
Expenses
$163,628 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $60,674

Assets and Liabilities:

  • Total Assets: $34,148
  • Total Liabilities: $0
  • Net Assets: $34,148

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Organization Details

Principal Officer

Kathryn Than

Main Address

224 WEST 35TH ST SUITE 500 UNIT 512, NEW YORK, NY, 10001

NTEE Category

Code: S31 - Community improvement

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