Nonprofit screen
Screen a listIgem Foundation Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS listing
- Listed
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(2)
$6.5Mrevenue
FY2024 · +28% in 3 yrs2staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin3.1%
Months of reserve2.5mo
Revenue growth (annualized)+8.1%
Middle half of peersMedianIgem
Where the money goes FY2024 · $6.3M spent
Programs$5.3M84%Management and general$1.0M16%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$2.4M in FY2022 and −$1.3M in FY2023. Cash covers 2.5 months, under the peer median of 4.5.
990 Part I and balance sheetIn its favor
None found in the filings.
5funders
$235ka year, last 3 years
44%from its largest funder
Funder’17’18’19’20’21’22’23Good Ventures FoundationStopped after FY2018$150k$150k–The Eric and Wendy Schmidt Fund for Strategic InnovationOn and off$195kDonor-advised giftsDonors not disclosed$420k$940k$309k$100k$100k
FundedThrough a donor-advised fundStopped