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Mendoza Impact INC

Tax-deductible

Boston, MA501(c)(3)Human Services EIN 92-3630823Revenue $308K in FY2025

On file with the IRS207 Newbury St, 02116-2571 · Boston, MATax-exempt since Dec 2023Publicly supported charity — 170(b)(1)(A)(vi)

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We diversify generational wealth by deploying money and resources to historically overlooked founders and fund managers creating a generation of impact-minded entrepreneurs.

501(c)(3) charity; gifts are tax-deductible.
10¢ of each $1 spent went to programs.
Run by 2 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Spent on programs
10%
of spending
Concern: 10% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
12 mo
of spending, in cash
Plus $250K in investments, Pt X · Ln 11–13
Looks good: 11.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 4 voting members
Looks good: 3 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$308K
Spent
$15K
To programs
10%
Net assets
$304K

From the FY2025 Form 990 · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 2023.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

10 cents of each dollar spent went to programs.

Program services 10% · $2K Management & general 83% · $12K Fundraising 6% · $950

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation
Adrian Mendoza
Board Member
$0Pt VII · Sec A
Chris Aleman
Board Member
$0Pt VII · Sec A
Cordell Carter
Board Member
$0Pt VII · Sec A
Senofer Mendoza
Executive Director
$0Pt VII · Sec A
See Mendoza Impact INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Invests in overlooked founders and fund managers to build generational wealth and impact.

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1 program · $2K · in their own filed words · FY2025
01

Deployed $250,000 to a diverse founder serving diverse communities. The program was directly aligned with our mission

$2Kprogram expense

By the numbers

The FY2025 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$308K
Ln 12
Gifts and grantsLn 1h$310K
Money outPt IX
$15K
Ln 25
Programscol B$2K
Managementcol C$12K
Fundraisingcol D$950
Owns and owesPt X
$304K
net assets · Ln 32
Cash and savingsLn 1–2$14K
Total assetsLn 16$304K
LiabilitiesLn 26$0
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$310K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$10K
Total revenueLn 12$308K
Assets in detailPt X, end of year
CashLn 1$14K
SavingsLn 2$0
Cash and savings togetherLn 1–2$14K
InvestmentsLn 11–13$250K
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$304K
LiabilitiesLn 26$0
Net assetsLn 32$304K
OperationsPt I, VI
EmployeesI 50
VolunteersI 62
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$11K$14K
InvestmentsLn 11–13$0$250K
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$11K$304K
LiabilitiesLn 26$0$0
Net assetsLn 32$11K$304K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$6K$0$6K$0
Pay of disqualified personsLn 6$0$0$0$0
Other salaries and wagesLn 7$2K$0$2K$0
Pension plan contributionsLn 8$0$0$0$0
Other employee benefitsLn 9$0$0$0$0
Payroll taxesLn 10$0$0$0$0
Management feesLn 11a$0$0$0$0
Legal feesLn 11b$0$0$0$0
Accounting feesLn 11c$0$0$0$0
Lobbying feesLn 11d$0$0$0$0
Professional fundraising feesLn 11e$950$950
Investment management feesLn 11f$0$0$0$0
Other fees for servicesLn 11g$0$0$0$0
Advertising and promotionLn 12$0$0$0$0
Office expensesLn 13$2K$2K$0$0
Information technologyLn 14$0$0$0$0
RoyaltiesLn 15$0$0$0$0
OccupancyLn 16$0$0$0$0
TravelLn 17$4K$0$4K$0
Travel and entertainment for public officialsLn 18$0$0$0$0
Conferences, conventions and meetingsLn 19$0$0$0$0
InterestLn 20$0$0$0$0
Payments to affiliatesLn 21$0$0$0$0
Depreciation, depletion and amortizationLn 22$0$0$0$0
InsuranceLn 23$0$0$0$0
Total functional expensesLn 25$15K$2K$12K$950

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $308K$15K$293K$304K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $307,566 revenue, 12 lines filed
I-8 Contributions and grants$310,146
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue−$2,580
I-12 Total revenue$307,566
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$8,350
I-16a Professional fundraising fees$950
I-17 Other expenses$5,335
I-18 Total expenses$14,635
I-19 Revenue less expenses$292,931
Part VI · Governance 3 of 4 board members independent, 3 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members3
VI-2 Family or business relationship among officers or directorsYes
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
Part VIII · Statement of revenue $307,566 across 13 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$10,146
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$300,000
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$310,146
VIII-3 Investment incomeRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-6 Net rental income or lossRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-8 Net income from fundraising eventsUnrelated business −$2,580 · Excluded from tax $0−$2,580
VIII-12 Total revenueRelated to mission $0 · Unrelated business −$2,580 · Excluded from tax $0$307,566
Part IX · Statement of functional expenses $14,635 across 25 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $0 · Management $6,350 · Fundraising $0$6,350
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $0 · Management $2,000 · Fundraising $0$2,000
IX-8 Pension plan contributionsPrograms $0 · Management $0 · Fundraising $0$0
IX-9 Other employee benefitsPrograms $0 · Management $0 · Fundraising $0$0
IX-10 Payroll taxesPrograms $0 · Management $0 · Fundraising $0$0
IX-11a Management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11b Legal feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11c Accounting feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11d Lobbying feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11e Professional fundraising feesFundraising $950$950
IX-11f Investment management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11g Other fees for servicesPrograms $0 · Management $0 · Fundraising $0$0
IX-12 Advertising and promotionPrograms $0 · Management $0 · Fundraising $0$0
IX-13 Office expensesPrograms $1,535 · Management $0 · Fundraising $0$1,535
IX-14 Information technologyPrograms $0 · Management $0 · Fundraising $0$0
IX-15 RoyaltiesPrograms $0 · Management $0 · Fundraising $0$0
IX-16 OccupancyPrograms $0 · Management $0 · Fundraising $0$0
IX-17 TravelPrograms $0 · Management $3,800 · Fundraising $0$3,800
IX-18 Travel and entertainment for public officialsPrograms $0 · Management $0 · Fundraising $0$0
IX-19 Conferences, conventions and meetingsPrograms $0 · Management $0 · Fundraising $0$0
IX-20 InterestPrograms $0 · Management $0 · Fundraising $0$0
IX-21 Payments to affiliatesPrograms $0 · Management $0 · Fundraising $0$0
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $0 · Fundraising $0$0
IX-23 InsurancePrograms $0 · Management $0 · Fundraising $0$0
IX-25 Total functional expensesPrograms $1,535 · Management $12,150 · Fundraising $950$14,635
Part X · Balance sheet $304,400 assets, 24 lines filed
Asset lines not itemized here account for $40,000; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $11,469$14,400
X-2 Savings and temporary cash investmentsStart of year $0$0
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $0$0
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$250,000
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $11,469$304,400
X-17 Accounts payable and accrued expensesStart of year $0$0
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $0$0
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $11,469$304,400
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $11,469$304,400
X-33 Total liabilities and net assetsStart of year $11,469$304,400
Part XI · Reconciliation of net assets $304,400 net assets at year end
XI-1 Total revenue$307,566
XI-2 Total expenses$14,635
XI-3 Revenue less expenses$292,931
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$304,400

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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