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Nonprofit · EIN 83-2020331

IMPACT AFRICA NETWORK INC

Tax-exempt · SAN JOSE, CA 95125

Financials

$664K$571K2023$703K$468K2024
Revenue Expenses · by fiscal year end
Financials of IMPACT AFRICA NETWORK INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$702,831$468,034$234,797$698,815$91,489$607,326
December 31, 2023990 (amended)$664,044$571,374$92,670$377,842$5,313$372,529
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$702,831
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Depreciation
$27,949
Program services (functional)
$27,949
Management and general (functional)
$440,085

Balance sheet and other

Total assets, start of year
$377,842
Total assets, end of year
$698,815
Total liabilities, end of year
$91,489
Net assets, end of year
$607,326
Land, buildings and equipment
$55,906
Gross receipts
$702,831
Employees
0
Year formed
2018
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
MARK KARAKECEO
Trustee or director
50$0
NAOMI KARAKECFO
Trustee or director
50$0
PATRICIA ONYANGOSecretary
Trustee or director
50$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
MARK KARAKECEO
Trustee or director
50$0
NAOMI KARAKECFO
Trustee or director
50$0
PATRICIA ONYANGOSecretary
Trustee or director
50$0

Address and contacts

Address (IRS master file)
1887 HAMILTON AVE, SAN JOSE, CA 95125-5665
In care of
% AKEEM BROWN
Mailing address (990-N for 2019)
1887 Hamilton Avenue, San Jose Santa Clara, KE
Principal officer (990-N for 2019)
MARK KARAKE, 1887 Hamilton Avenue, San Jose Santa Clara, KE
Signed the 990
MARK KARAKE, President
Return prepared by
George Dimov CPA

California records

California keeps its own records of charities and corporations. Search them by EIN 83-2020331 or by the name IMPACT AFRICA NETWORK INC.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

Ensuring young talented Africans participate in the digital transformation of Africa as creators and owners.

990 for the year ended December 31, 2024

Program accomplishments

  • DIRECT PUBLIC SUPPORT - INDIVIDUAL CONTRIBUTION, DONATIONS AND CONTRIBUTION, FUNDRAISING AND SPONSERSHIP
    Expenses $27,949

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
83-2020331
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2019
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Employment (J22)
Assets (IRS master file)
$698,815
Income (IRS master file)
$702,831

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$702,831$468,034$698,815IRS
990December 2023$664,044$571,374$377,842IRS
990December 2022$553,397$544,726$261,605IRS
990December 2021–––IRS
990-EZDecember 2020–––IRS
990-N for 2019
Officer: MARK KARAKE
December 31, 2019≤ $50,000 receipts––e-Postcard
990-EZDecember 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 83-2020331).

Questions about IMPACT AFRICA NETWORK INC

What is the EIN of IMPACT AFRICA NETWORK INC?
The employer identification number (EIN) of IMPACT AFRICA NETWORK INC is 83-2020331.
Is IMPACT AFRICA NETWORK INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to IMPACT AFRICA NETWORK INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does IMPACT AFRICA NETWORK INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of IMPACT AFRICA NETWORK INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did IMPACT AFRICA NETWORK INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of IMPACT AFRICA NETWORK INC?
The 990-N for 2019 names MARK KARAKE.
Who are the officers and directors of IMPACT AFRICA NETWORK INC?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does IMPACT AFRICA NETWORK INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $702,831, expenses of $468,034 and total assets of $698,815 at year end.

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