EIN 47-0983278

Inventions for Good

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2014
Most recent tax filings
2023-04-01
NTEE code, primary
Description
Inventions for Good invents and supports technologies that solve humanitarian problems anywhere in the world. Terusa, a collaborative effort between ifgi and a nonprofit based in Johannesburg, South Africa called investing for innovation (ifi), funds tuition at a private school and provides transport for children in rural townships near Johannesburg to receive quality education.
Total revenues
$800,673
2023
Total expenses
$55,589
2023
Total assets
$797,071
2023
Num. employees
0
2023

Program areas at Inventions for Good

Terusa is a collaborative effort between ifgi and a nonprofit in johannesburg, south africa, investing for innovation (ifi). We provide children in rural townships near johannesburg with a quality education by funding tuition at a private school, transportation, boarding, and other education-related supplies including a laptop when they start middle school. We also research and document the best strategies for providing cost-effective access to quality education in rural south africa.

Personnel at Inventions for Good

NameTitleCompensation
Stephanie SedberryExecutive Director$12,000
Mauriah TurnerSocial Media Manager
Demitri BalabanovFounder$0

Financials for Inventions for Good

RevenuesFYE 04/2023
Total grants, contributions, etc.$800,600
Program services$0
Investment income and dividends$73
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$800,673

Form 990s for Inventions for Good

Fiscal year endingDate received by IRSFormPDF link
2023-042024-04-13990View PDF
2022-042022-09-09990EZView PDF
2021-042022-09-09990EZView PDF
Data update history
May 29, 2024
Updated personnel
Identified 1 new personnel
May 24, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 20, 2024
Updated personnel
Identified 2 new personnel
May 18, 2024
Used new vendors
Identified 1 new vendor, including
October 1, 2021
Posted financials
Added Form 990N for fiscal year 2021
Nonprofit Types
International-focused organizationsResearch centersCharities
Issues
Science and technologyForeign affairsInternational development
Characteristics
Conducts researchPartially liquidatedOperates internationallyTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
3116 Northline Ave 41011
Greensboro, NC 27408
Metro area
Greensboro-High Point, NC
County
Guilford County, NC
Website URL
inventionsforgood.org/ 
Phone
(336) 339-5665
IRS details
EIN
47-0983278
Fiscal year end
April
Taxreturn type
Form 990
Year formed
2014
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
Q33: International Relief
NAICS code, primary
5417: Scientific Research and Development Services
Parent/child status
Independent
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