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48 In48 Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Science and Technology Research Institutes, Services / Nonmonetary Support N.E.C. (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$322k (2023)

Expenses
$326k (2023)

Total Assets
$144k (2023)

Total Liabilities
$12.2k (2023)

Source: Form 990 tax filings from 2015 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$322,023
Expenses
$325,714
Net Income
-$3,691
Net Assets
$131,467
Notable Sources of Revenue Percent of Total Revenue
Contributions $216,073
67.1%
Program Services $105,950
32.9%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $101,921
31.3%
Professional Fundraising Fees $0
Other Salaries and Wages $100,081
30.7%
Assets/Debt
Total Assets $143,650
Total Liabilities $12,183
Net Assets $131,467
Compensation
Key Employees and Officers Compensation Related Other
Sima Parekh (Excutive Director) $101,921 $0 $0
Raj Choudary (Board Chair) $0 $0 $0
Jeff Hilimire (Treasurer) $0 $0 $0
Bharath Parthasarathy (Legal Council) $0 $0 $0
Adam Walker (Technology) $0 $0 $0
Ken Bernhardt (Strategy Committee) $0 $0 $0
Moira Vetter (Board Member) $0 $0 $0
Serena Levy (Board Member) $0 $0 $0
Bobby Condon (Board Member) $0 $0 $0
Christian Welin (Board Member) $0 $0 $0
Kashi Sehgal (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$247,899
Expenses
$305,248
Net Income
-$57,349
Net Assets
$135,158
Notable Sources of Revenue Percent of Total Revenue
Contributions $152,499
61.5%
Program Services $95,400
38.5%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $60,000
19.7%
Professional Fundraising Fees $0
Other Salaries and Wages $100,000
32.8%
Assets/Debt
Total Assets $147,075
Total Liabilities $11,917
Net Assets $135,158
Compensation
Key Employees and Officers Compensation Related Other
Sima Parekh (Excutive Director) $60,000 $0 $0
Jeff Hilimire (Board Chair) $0 $0 $0
Ashton Lane (Treasurer) $0 $0 $0
Bharath Parthasarathy (Legal Council) $0 $0 $0
Adam Walker (Technology) $0 $0 $0
Ken Bernhardt (Strategy Committee) $0 $0 $0
Mark Obrien (Partnerships Committee) $0 $0 $0
Julie Bowerman (Board Member) $0 $0 $0
Joann Herold (Board Member) $0 $0 $0
Tad Hutcheson (Board Member) $0 $0 $0
Irma Shrivastava (Board Member) $0 $0 $0
Moira Vetter (Board Member) $0 $0 $0
Eric Lent (Board Member) $0 $0 $0
Serena Levy (Board Member) $0 $0 $0
Fabiola Charles (Board Member) $0 $0 $0
Bobby Condon (Board Member) $0 $0 $0
Melissa Proctor (Board Member) $0 $0 $0
Mike Popowski (Board Member) $0 $0 $0
Christian Welin (Board Member) $0 $0 $0
Raj Choudary (Board Member) $0 $0 $0
Kashi Sehgal (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$216,377
Expenses
$314,437
Net Income
-$98,060
Net Assets
$193,243
Notable Sources of Revenue Percent of Total Revenue
Contributions $139,401
64.4%
Program Services $76,976
35.6%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $57,490
18.3%
Professional Fundraising Fees $0
Other Salaries and Wages $29,398
9.3%
Assets/Debt
Total Assets $197,616
Total Liabilities $4,373
Net Assets $193,243
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Sima Parekh (Excutive Director) $57,490 $0 $0
Jeff Hilimire (Board Chair) $0 $0 $0
Ashton Lane (Treasurer) $0 $0 $0
Bharath Parthasarathy (Legal Council) $0 $0 $0
Adam Walker (Technology) $0 $0 $0
Ken Bernhardt (Strategy Committee) $0 $0 $0
Mark Obrien (Partnerships Committee) $0 $0 $0
Julie Bowerman (Board Member) $0 $0 $0
Joann Herold (Board Member) $0 $0 $0
Tad Hutcheson (Board Member) $0 $0 $0
Irma Shrivastava (Board Member) $0 $0 $0
Moira Vetter (Board Member) $0 $0 $0
Eric Lent (Board Member) $0 $0 $0
Serena Levy (Board Member) $0 $0 $0
Fabiola Charles (Board Member) $0 $0 $0
Bobby Condon (Board Member) $0 $0 $0
Melissa Proctor (Board Member) $0 $0 $0
Mike Popowski (Board Member) $0 $0 $0
Raj Choudary 2021 (Board Member) $0 $0 $0
Kashi Sehgal 2021 (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$322,804
Expenses
$168,189
Net Income
$154,615
Net Assets
$291,303
Notable Sources of Revenue Percent of Total Revenue
Contributions $244,831
75.8%
Program Services $77,973
24.2%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $24,000
14.3%
Professional Fundraising Fees $0
Other Salaries and Wages $20,657
12.3%
Assets/Debt
Total Assets $294,089
Total Liabilities $2,786
Net Assets $291,303
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Sima Parekh (Excutive Director) $24,000 $0 $0
Jeff Hilimire (Board Chair) $0 $0 $0
Ashton Lane (Treasurer) $0 $0 $0
Bharath Parthasarathy (Legal Council) $0 $0 $0
Adam Walker (Technology) $0 $0 $0
Ken Bernhardt (Strategy Committee) $0 $0 $0
Mark Obrien (Partnerships Committee) $0 $0 $0
Julie Bowerman (Director) $0 $0 $0
Joann Herold (Director) $0 $0 $0
Tad Hutcheson (Director) $0 $0 $0
Irma Shrivastava (Director) $0 $0 $0
Moira Vetter (Director) $0 $0 $0
Eric Lent (Director) $0 $0 $0
Serena Levy (Director) $0 $0 $0
Fabiola Charles (Director) $0 $0 $0
Bobby Condon (Director) $0 $0 $0
Melissa Proctor (Director) $0 $0 $0
Mike Popowski (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$569,371
Expenses
$496,222
Net Income
$73,149
Net Assets
$136,688
Notable Sources of Revenue Percent of Total Revenue
Contributions $495,028
86.9%
Program Services $74,343
13.1%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $197,964
39.9%
Assets/Debt
Total Assets $143,925
Total Liabilities $7,237
Net Assets $136,688
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Adam Walker (Founder) $43,787 $0 $0
Mark O'brien (Ceo) $13,859 $0 $0
Jeff Hilimire (Board Chair) $0 $0 $0
Bharath Parthasarathy (Board Member) $0 $0 $0
Eric Lent (Board Member) $0 $0 $0
Tad Hutcheson (Board Member) $0 $0 $0
Serena Levy (Board Secretary) $0 $0 $0
Julie Bowerman (Board Member) $0 $0 $0
Melissa Proctor (Board Member) $0 $0 $0
Mike Popowski (Board Member) $0 $0 $0
Fabiola Stokes Charles (Board Member) $0 $0 $0
Jo Ann Herold (Board Member) $0 $0 $0
Vijay Yerraguntla (Board Member) $0 $0 $0
John Brewer (Board Member) $0 $0 $0
Bobby Condon (Board Member) $0 $0 $0
Irma Shrivastava (Board Member) $0 $0 $0
Moira Vetter (Board Member) $0 $0 $0
Ken Bernhardt (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$466,095
Expenses
$474,829
Net Income
-$8,734
Net Assets
$50,522
Notable Sources of Revenue Percent of Total Revenue
Contributions $466,095
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $267,879
56.4%
Assets/Debt
Total Assets $51,145
Total Liabilities $623
Net Assets $50,522
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Mark O'brien (Ceo) $0 $0 $0
Adam Walker (President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$278,086
Expenses
$259,748
Net Income
$18,338
Net Assets
$59,256
Notable Sources of Revenue Percent of Total Revenue
Contributions $278,086
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $145,628
56.1%
Assets/Debt
Total Assets $59,256
Total Liabilities $0
Net Assets $59,256

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$108,189
Expenses
$105,722
Net Income
$2,467
Net Assets
$40,918
Notable Sources of Revenue Percent of Total Revenue
Contributions $108,189
100%
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $40,918
Total Liabilities $0
Net Assets $40,918

No Document Links

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$58,050
Expenses
$19,599
Net Income
$38,451
Net Assets
$38,451
Notable Sources of Revenue Percent of Total Revenue
Contributions $58,050
100%
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $38,451
Total Liabilities $0
Net Assets $38,451

No Document Links

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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  • Raw filing data. Includes EINs and summary financials as structured data.
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