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    Innovators for Purpose Logo

    MIP Score

    43

    Youth Development
    NEC Youth Development Support

    Innovators for Purpose

    Innovators for Purpose Logo

    Innovators for Purpose

    Youth Development
    NEC Youth Development Support
    91 First Street, Cambridge, Massachusetts, 02141View all Cambridge charities
    EIN: 30-0841640
    Total Assets: $215.8 thousand
    Established in 2014

    Mission

    Innovators for Purpose (iFp) is a BIPOC-led nonprofit design and innovation studio located in Cambridge, MA. It is dedicated to developing a new generation of diverse, socially conscious innovators, particularly from historically marginalized groups. iFp combines design and STEM training with a focus on social impact, enabling young people to become leaders and agents of transformative change within their communities. Through experiential learning and mentorship, the organization seeks to create inclusive pathways in STEM careers and enhances students' capabilities to address real-world challenges.

    Read more on their website →

    Basic Information

    Tax-Exempt

    Address

    91 First Street, Cambridge, Massachusetts, 02141

    View all Cambridge charities

    Founded in

    2014

    EIN

    30-0841640

    Total Assets

    $215.8 thousand

    Mission

    Innovators for Purpose (iFp) is a BIPOC-led nonprofit design and innovation studio located in Cambridge, MA. It is dedicated to developing a new generation of diverse, socially conscious innovators, particularly from historically marginalized groups. iFp combines design and STEM training with a focus on social impact, enabling young people to become leaders and agents of transformative change within their communities. Through experiential learning and mentorship, the organization seeks to create inclusive pathways in STEM careers and enhances students' capabilities to address real-world challenges.

    Basic Information

    Tax-Exempt

    Address

    91 First Street, Cambridge, Massachusetts, 02141

    View all Cambridge charities

    Founded in

    2014

    EIN

    30-0841640

    Total Assets

    $215.8 thousand

    UN Sustainable Development Goals Supported

    This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.

    Showing 3 of 3 goals

    Goal 4

    Quality Education

    Goal 5

    Gender Equality

    Goal 10

    Reduced Inequalities

    Goal 4

    Quality Education

    Goal 5

    Gender Equality

    Goal 10

    Reduced Inequalities

    At a Glance

    Transforming AI Summit

    Transforming AI Summit

    Join us as we explore the question, How Might We transform AI from a technology where inclusion is not just an aspiration, but the primary catalyst for innovation?

    A Night with Dr. Joy Buolamwini

    A Night with Dr. Joy Buolamwini

    An event focused on social justice and AI, emphasizing the impact of technology on marginalized communities.

    iFp Open House

    iFp Open House

    Exclusive behind-the-scenes reveal of iFp Emerging Innovators’ latest project: 'Transforming AI: Equity, Justice, and You.'

    Impact Stats

    $100,000

    Grant Amount

    Cummings Foundation Grant

    iFp was awarded a $100,000 grant from the Cummings Foundation to support its programs.

    Past Events

    A Night with Dr. Joy Buolamwini

    2022-10-15

    A Night with Dr. Joy Buolamwini, discussing the intersection of technology and social justice.

    Upcoming Events

    Design Redefined

    2023-11-15

    A series of sessions exploring various aspects of design and inclusion.

    Learn More

    Our Programs

    iFp Labs

    iFp Labs

    Introduces students to STEM principles and encourages them to build solutions for a better world.

    Learn More
    iFp Studios

    iFp Studios

    A real-projects program that combines art, design, science, technology, and youth voice.

    Learn More

    MIP Score (Beta)

    The MIP Score is in beta! We'd love any feedback you may have.

    The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.

    Overall Score

    43

    28

    /100

    Program Expense Ratio

    81.42%

    14

    /20

    Program Revenue Growth

    -38.56%

    2

    /20

    Leverage Ratio

    0.6184

    6

    /20

    Working Capital Ratio

    0.2028

    4

    /20

    Fundraising Efficiency

    0

    2

    /20

    Latest Filing Data: Form 990

    Fiscal Year:2022

    Source:Source: Self-reported by organization

    Financial Details

    Revenue

    CategoryAmountPercentage
    Contributions, Gifts, and Grants406.1K89.73%
    Program Services46.45K10.27%
    Investment Income00.00%
    Sales of Non-Inventory Assets00.00%
    Other Notable Sources00.00%
    Total Revenue452.5K100.00%

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