NonprofitsIrcs Center For Economic Opportunity Inc

Human Services

Ircs Center For Economic Opportunity Inc

NEW YORK, NY

Total revenue

$6.0M

Total expenses

$7.0M

Net assets

$11.6M

Grants received

$8.6M

20 grants

EIN

453686069

Tax year

2023

Mission

To unlock access to credit to help create a fair financial system where low-income people can realize their potential to build better lives and communities prosper.

Financials

FY 2023

Revenue

Contributions & grants$4.3M
Program service revenue$1.7M
Investment income$56K
Other revenue
Total revenue$6.0M

Expenses

Grants paid
Salaries & benefits$1.7M
Fundraising$335K
Other expenses$5.3M
Total expenses$7.0M
Total assets$28.2M
Net assets$11.6M

People

9 listed

NameRoleCompensation

Johannes Van de Weerd

Board President

Board

$341K

37.5 hrs/wk

Ellen Beattie

Board Tresurer

Board

$247K

37.5 hrs/wk

Ariana Miller

Executive Director

Board

37.5 hrs/wk

Kasra Movahedi

Executive Director

Staff

$150K

37.5 hrs/wk

Megan Hershiser

Assoc Dir Corporate Partne

Staff

$115K

37.5 hrs/wk

Gokcen Topbas

Director Credit Strategy

Staff

$107K

37.5 hrs/wk

Senad Voloder

Dep Dir Origination & Serv

Staff

$100K

37.5 hrs/wk

Mary Grace Ner

Dep Dir Finance & Administ

Staff

$96K

37.5 hrs/wk

Zachary Bezold

Dep Dir Learning & Innovat

Staff

$92K

37.5 hrs/wk

Grants received

Showing 20 of 20

FromAmountPurposeYear
$850K
GENERAL OPERATING SUPPORT
2024
$400K
GENERAL SUPPORT
2024
$8K
SMALL DOLLAR LENDING
2024
$2.6M
For grant recipient's exempt purposes
2023
$151K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$100K
Refugee Programs
2023
$20K
SMALL DOLLAR LENDING
2023
$2.0M
For grant recipient's exempt purposes
2022
$387K
Refugee Programs
2022
$75K
IMPACT INVESTMENT GRANT
2022
$500K
For recipient's exempt purpose
2021
$500K
WELCOME FUND:AFGHANISTAN WELCOME.US
2021
$25K
For grant recipient's exempt purposes
2021
$25K
For grant recipient's exempt purposes
2021
$14K
Refugee Programs
2021
$10K
OTHER - 3:1 MATCH FOR THIS GIFT OVER THE COURSE OF THE NEXT 12 MONTHS IN EITHER DIRECT INVESTMENTS INTO OUR SOON-TO-BE-LAUNCHED ENDOWMENT OR IN RAISING FUNDS TO COVER EXPENSES RELATED TO THE ENDOWMENT EFFORT.
2021
$70K
RESILIENCE LOAN PROG
2020
$25K
For grant recipient's exempt purposes
2020
$554K
Refugee Programs
2019
$247K
Refugee Programs
2018

Funded by

$8.6M from 9 funders · 20 grants · 2018–2024

Fidelity Investments Charitable Gift Fund

$4.7M · 5 grants · 2020–2023

International Rescue Committee Inc

$1.3M · 5 grants · 2018–2023

American Endowment Foundation

$850K · 1 grant · 2024

Vanguard Charitable Endowment Program

$651K · 2 grants · 2021–2023

Gofundmeorg

$500K · 1 grant · 2021

Impactassetsinc

$400K · 1 grant · 2024

Cba Fund

$98K · 3 grants · 2020–2024

World Education Services Inc

$75K · 1 grant · 2022

Details

EIN453686069
NTEE codeP84
Subsection03
Ruling date2014-08
Formed2011
Employees15
Volunteers23
IRCS CENTER FOR ECONOMIC OPPORTUNITY INC — Mission, Financials & Grants Received | Grantivo