EIN 86-2385013

Potencia

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
City
Year formed
2021
Most recent tax filings
2023-12-01
Description
Potencia empowers college students and young professionals with tutor training and curriculum development programs. They also teach English as a language to immigrants and refugees in various communities. With the development of a mobile app, they aim to help learners choose classes according to their learning needs. Additionally, Potencia improves tutor training curriculum by utilizing project interns during the summer and winter months. Potencia is located in Malden, MA.
Total revenues
$41,562
2023
Total expenses
$18,838
2023
Total assets
$30,485
2023
Num. employees
n/a

Who funds Potencia

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$5,500
TR Uw Helen F Kimball-The Moses Kimball Fund for Promotion of Good CitizenshipAdult English Language Tutoring$3,000
Melrose Cooperative Bank FoundationGeneral Operatingsupport$1,000

Personnel at Potencia

NameTitleCompensation
Yu WangTreasurer and Clerk$7,867

Financials for Potencia

RevenuesFYE 12/2023
Total grants, contributions, etc.$32,480
Program services$1,582
Membership dues$0
Investment income and dividends$0
Net gain from sale of non-inventory assets$0
Net income from gaming activities and fundraising events, combined$0
Net income from sales of inventory$0
Miscellaneous revenues$7,500
Total revenues$41,562

Form 990s for Potencia

Fiscal year endingDate received by IRSFormPDF link
2023-122024-04-29990EZView PDF
Data update history
August 25, 2024
Received grants
Identified 1 new grant, including a grant for $1,000 from Melrose Cooperative Bank Foundation
August 8, 2024
Posted financials
Added Form 990EZ for fiscal year 2023
July 23, 2024
Updated personnel
Identified 5 new personnel
July 12, 2024
Used new vendors
Identified 2 new vendors, including , and
April 5, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Educational service providersHuman service organizationsEthnic centersCharities
Issues
EducationHuman servicesImmigration
Characteristics
Tax deductible donationsNo full-time employeesAccepts online donations
General information
Address
6 Pleasant St - Suite 227
Malden, MA 02148
Metro area
Boston-Cambridge-Newton, MA-NH
County
Middlesex County, MA
Website URL
potenciainc.org/ 
Phone
(617) 580-0176
IRS details
EIN
86-2385013
Fiscal year end
December
Taxreturn type
Form 990-EZ
Year formed
2021
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
P84: Ethnic, Immigrant Centers and Services
NAICS code, primary
611710: Educational Support Services
Parent/child status
Independent
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