2025-11-17T15:21:57-05:00 2024-12-31 Michael W Forgerson CPA 24701 Amelia Ln Newhall CA 91321 990 2024-01-01 274258134 FRIENDS OF ODYSSEY IMPACT INC % ALMIRA KASEMI-FRANZ FRIE 9293793400 15 W 38TH ST MB NO 727 NEW YORK NY 10018 ALMIRA KASEMI-FRANZ CFO 9293793400 2025-11-17 true true MICHAEL FORGERSON CPA P01446456 6617137119 2025-11-17 X 2024 2025-03-06 01:10:19Z 534891 false X N/A X 2010 NY SEE SCHEDULE O 3 3 0 0 0 0 0 413191 534891 0 413191 534891 0 0 0 0 0 50725 48877 50725 48877 362466 486014 7120927 7606940 1 0 7120926 7606940 X SEE SCHEDULE O false false 48877 THE COMPANY WAS ABLE TO MAKE GRANTS TO THE SUPPORTED ORGANIZATION TO HELP FUND ITS MISSION. 48877 true false false false false false false false false false false false false true false 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 0 false false false false false 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 ALMIRA KASEMI-FRANZ 9293793400 15 W 38TH ST 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 0 0 0 false false false 534891 534891 0 534891 534891 0 0 48877 48877 48877 48877 0 0 330597 49052 5240330 5365888 1550000 2192000 7120927 7606940 1 1 0 X 7120926 7606940 7120926 7606940 7120927 7606940 486014 0 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 2192000 2192000 X Part X, Line 2-Text in footnote regarding FIN 48 (ASC 740) 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. THE ORGANIZATIONS EVALUATION AT YEAR-END REVEALED NO MATERIAL UNCERTAIN TAX POSITIONS. Form 990 governing body review Part VI line 11 NO REVIEW WAS OR WILL BE CONDUCTED. Conflict of interest policy compliance Part VI 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. Governing documents etc available to public Part VI line 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. Part III response or note to any other line in Part III FORM 990, PART III, LINE 1 - ORGANIZATION MISSION 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. General explanation attachment FORM 990, PART I, LINE 1 - ORGANIZATION MISSION OR SIGNIFICANT ACTIVITIES 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. ODYSSEY IMPACT INC 12 W 31ST STREET 8TH FL NEW YORK NY 10001 133445556 ENCOURAGE AND PRODUCE INTERFAITH PROGRAMMING NY 501C3 9 N/A false false false false false false false false false false false false false false false false false false false false