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Close the Gap Foundation Logo

MIP Score

48

Youth Development
Youth Business Education

Close the Gap Foundation

Mission

Close the gap foundation is a 501(c)3 nonprofit organization based in sunnyvale, california. founded with the vision to create an equitable future without opportunity gaps for low-income youths, close the gap foundation works to empower first-generation, low-income (fgli) students to build lifelong confidence and reach their fullest potential. close the gap foundation's flagship program, the social impact fellowship, is a three-month all-expenses-paid program that helps first-generation, low-income high school students find mentors, grow their confidence, and give back. through structured mentorship and project-based learning, fellows work with mentors from renowned organizations like amazon, apple, google, microsoft, and ucsf to tackle a self-directed social impact project to pitch to a panel of industry leaders.

Basic Information

Tax-Exempt

Address

605 E Evelyn Ave, Mountain View, California, 94041

View all Mountain View charities

Founded in

2018

EIN

83-1242219

Total Assets

$99.09 thousand

UN Sustainable Development Goals Supported

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

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

48

50

/100

Program Expense Ratio

98.80%

20

/20

Program Revenue Growth

0.00%

2

/20

Leverage Ratio

0.07245

20

/20

Working Capital Ratio

0.4675

6

/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 Grants223.4K99.77%
Program Services00.00%
Investment Income5220.23%
Sales of Non-Inventory Assets00.00%
Other Notable Sources00.00%
Total Revenue224K100.00%