2024-11-12T10:11:17-08:00 2023-12-31 460614074 Chizner & Company Certified Public Accountants LLC 98 Cuttermill Rd 299N Great Neck NY 11021 990 2023-01-01 274258134 FRIENDS OF ODYSSEY IMPACT INC FRIE 9293793400 15 W 38TH ST MB727 NEW YORK NY 10018 ALMIRA KASEMI-FRANZ CFO 2024-11-12 true true Mitchell Chizner P00664201 2129673950 2023 2024-10-15 13:58:12Z 15 W 38TH ST MB727 NEW YORK NY 10018 413191 false X N/A X 2010 NY FRIENDS OF ODYSSEY IMPACT, INC. IS A SUPPORTING ORGANIZATION FOR THE ODYSSEY IMPACT, INC. ("OI"), A 501(c)(3) PUBLIC CHARITY. THE PURPOSE OF FRIENDS OF ODYSSEY IMPACT, INC. IS TO HOLD, MANAGE AND ADMINISTER ASSETS OF OI AND TO USE THEM FOR PURPOSES SPECIFIED BY OI, INCLUDING SUPPORT OF OI ITSELF AND ITS PROGRAMS AND TO BE AT ALL TIMES RESPONSIVE TO ITS NEEDS. ALL FUNDS HELD BY FRIENDS OF ODYSSEY IMPACT, INC. WILL BE USED FOR THE BENEFIT OF OI. 3 3 0 0 0 0 359547 413191 0 359547 413191 1635000 0 0 0 0 0 54952 50725 1689952 50725 -1330405 362466 6340186 7120927 1 6340186 7120926 FRIENDS OF ODYSSEY IMPACT, INC. IS A SUPPORTING ORGANIZATION FOR THE ODYSSEY IMPACT, INC. ("OI"), A 501(c)(3) PUBLIC CHARITY. THE PURPOSE OF FRIENDS OF ODYSSEY IMPACT, INC. IS TO HOLD, MANAGE AND ADMINISTER ASSETS OF OI AND TO USE THEM FOR PURPOSES SPECIFIED BY OI, INCLUDING SUPPORT OF OI ITSELF AND ITS PROGRAMS AND TO BE AT ALL TIMES RESPONSIVE TO ITS NEEDS. ALL FUNDS HELD BY FRIENDS OF ODYSSEY IMPACT, INC. WILL BE USED FOR THE BENEFIT OF OI. false false 50725 THE COMPANY WAS ABLE TO MAKE GRANTS TO THE SUPPORTED ORGANIZATION TO HELP FUND ITS MISSION. 50725 true false false false false false false false false false false false false true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false true 0 0 false 0 false false false false false false false 0 false false false false false false false X 3 3 false false false false false false false true true false false false true true true false false false false false X FRIENDS OF ODYSSEY IMPACT INC 9293793400 15 W 38TH ST MB727 NEW YORK NY 10018 X DAVID PURVIS Treasurer 1.00 0.00 X 0 0 0 RIAZ PATEL Chairman 1.00 0.00 X X 0 0 0 BOB WARREN Secretary 1.00 0.00 X X 0 0 0 0 false false false 0 0 0 413191 413191 0 0 0 0 0 0 0 0 413191 413191 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 49670 49670 0 0 0 0 0 0 0 0 0 1055 1055 0 0 0 0 50725 50725 0 0 58008 330597 0 0 0 0 0 0 0 0 0 6282177 5240330 0 0 0 1 1550000 6340186 7120927 1 0 1 X 6340186 7120926 6340186 7120926 6340186 7120927 362466 418274 X false true X true false X X 1 ODYSSEY IMPACT INC 133445556 9 false 0 0 1 0 true false false false false false false false false false false false false false false true false LOAN RECEIVABLE 1550000 1550000 Rounding 1 1 X Part X : FIN48 Footnote The Company adopted accounting rules that prescribe when to recognize and how to measure the financial statement effects of income tax positions taken or expected to be taken on its income tax returns (See Note 2). These rules require management to evaluate the likelihood that, upon examination by relevant taxing jurisdictions, those income tax positions would be sustained. Based on that evaluation, the Company only recognizes the maximum benefit of each income tax position that is more than 50% likely of being sustained. To the extent that all or a portion of the benefits of an income tax position are not recognized, a liability would be recognized for the unrecognized benefits, along with any interest and penalties that would result from disallowance of the position. Should any such penalties and interest be incurred, they would be recognized as operating expenses. The Organizations evaluation at year-end revealed no uncertain tax positions that would have a material impact on the financial statements. Form 990, Part VI, Section B, Line 11b No review was or will be conducted. Form 990, Part VI, Section B, Line 12c A director or officer shall disclose to the Board any actual or potential conflict of interest as soon as possible after the director or officer learns of the conflict. Following the receipt of information concerning an action or transaction involving an actual or potential conflict of interest, the Board shall consider the material facts concerning the proposed action or transaction. The Board shall approve only those actions or transactions in which the terms are fair and reasonable to the Organization and the arrangements are consistent with the best interests of the Organization. The Board shall set forth the basis for its decision with respect to approval of actions or transactions involving conflicts of interest in the minutes of the meeting at which the decision is made, including the basis for determining that the action or transaction is fair to the Organization. Form 990, Part VI, Section C, Line 19 Documents are available upon request. ODYSSEY IMPACT INC 12 W 31ST STREET 8TH FL NEW YORK NY 10001 ENCOURAGE & PRODUCE INTERFAITH PROGRAMMING NY 501(c)(3) 9 NA false false false false false false false false false false false false false false false false false false false false