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Nonprofit · EIN 93-2593106

ESSENTIAL IMPACT INC

Tax-exempt · CONCORD, CA 94520

Financials

$2.7M$171K2023$437K$1M2024
Revenue Expenses · by fiscal year end
Financials of ESSENTIAL IMPACT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$437,155$1,030,725-$593,570$2,078,800$96,964$1,981,836
December 31, 2023990$2,747,661$171,485$2,576,176$2,669,235$93,059$2,576,176
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$436,945
Program service revenue
$0
Investment income
$0
Other revenue
$210

Expenses

Grants and similar amounts paid
$511,048
Compensation of officers, directors and key employees
$245,692
Salaries, compensation and benefits (total)
$264,300
Professional fundraising fees
$0
Legal fees
$57,395
Accounting fees
$47,965
Occupancy
$6,210
Travel
$15,395
Program services (functional)
$783,294
Management and general (functional)
$195,445
Fundraising (functional)
$51,986

Balance sheet and other

Total assets, start of year
$2,669,235
Total assets, end of year
$2,078,800
Total liabilities, end of year
$96,964
Net assets, end of year
$1,981,836
Net assets without donor restrictions
$1,881,891
Net assets with donor restrictions
$99,945
Gross receipts
$437,155
Employees
2
Volunteers
2
Year formed
2023
State of legal domicile
DE

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
FIREHIWOT TACHEAMEMBER OF THE BOARD OF DIRECTORS, VICE PRESIDENT,
Trustee or director, Officer
40$143,490$7,504
GRANT GORDONCEO & CO-FOUNDER
Trustee or director, Officer
40$102,917$10,115
KAREN LEVYMEMBER OF THE BOARD OF DIRECTORS
Trustee or director
2$0$0
JAN-PAUL BRUINSMEMBER OF THE BOARD OF DIRECTORS
Trustee or director
2$0$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
FIREHIWOT TACHEAVP, SECRETARY, CTO
Trustee or director, Officer
40$29,583
GRANT GORDONPRESIDENT, TREASURER, CEO
Trustee or director, Officer
40$20,417
KAREN LEVYBOARD MEMBER
Trustee or director
2$0

Address and contacts

Address (IRS master file)
2041 EAST ST UNIT 1148, CONCORD, CA 94520-2126
In care of
% GRANT GORDON CEO & FOUNDER
Principal officer (990 for 2024)
GRANT GORDON, 2041 EAST STREET UNIT 1148, CONCORD, CA 94520
Signed the 990
GRANT GORDON, CEO & CO-FOUNDER
Phone
(202) 739-5284
Return prepared by
GELMAN ROSENBERG & FREEDMAN

California records

California keeps its own records of charities and corporations. Search them by EIN 93-2593106 or by the name ESSENTIAL IMPACT INC.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

ESSENTIAL IMPACT CREATES BREAKTHROUGH SOLUTIONS TO TACKLE MALNUTRITION AND TRANSFORM FOOD SYSTEMS IN SUB-SAHARAN AFRICA. WE LEVERAGE ADVANCES IN FERMENTATION TO CREATE AFFORDABLE, ACCESSIBLE, AND CLIMATE-RESILIENT PROTEINS THAT CAN BE INTEGRATED INTO FOOD PRODUCTS TO PREVENT AND TREAT MALNUTRITION.

990 for the year ended December 31, 2024

Program accomplishments

  • IN 2024, ESSENTIAL IMPACT LAUNCHED A 7,000-SQUARE-FOOT BIO MANUFACTURING PLANT IN NAIROBI, ONE OF EAST AFRICA'S LEADING BIOSCIENCE LABS, AND PRODUCED THE FIRST BIO-MANUFACTURED PROTEIN FOR HUMAN CONSUMPTION IN SUB-SAHARAN AFRICA. THE TEAM COMPLETED 19 PRODUCTION RUNS, SECURED OPERATING LICENSES AND PERMITS, AND WORKED WITH THE KENYA BUREAU OF STANDARDS TOWARD FOOD-SAFETY CERTIFICATION. SCIENTIFIC OPERATIONS SCALED FROM 5L TO 500L BIO REACTORS, COMPLETING OVER 30 FERMENTATION EXPERIMENTS AND DEPLOYING NEW IN-HOUSE TOOLS FOR COST AND PROCESS OPTIMIZATION. ESSENTIAL ALSO BEGAN JOINT R&D WITH A KENYAN FOOD MANUFACTURER TO DEVELOP A PROTEIN-FORTIFIED PORRIDGE AND ADVANCED DISCUSSIONS WITH FOUR ADDITIONAL PARTNERS. POLICY PARTNERSHIPS AND ADVOCACY HELPED INCLUDE FERMENTED PROTEINS IN ETHIOPIA'S NATIONAL BIOECONOMY STRATEGY AND LAUNCHED A COLLABORATION WITH THE WORLD BANK AND STANFORD UNIVERSITY ON A REPORT ABOUT FERMENTATION AND FOOD SECURITY.
    Expenses $783,294 · grants $511,048

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
93-2593106
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2024
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,078,800
Income (IRS master file)
$437,155

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$437,155$1,030,725$2,078,800XML
990December 2023$2,747,661$171,485$2,669,235XML

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 93-2593106).

Questions about ESSENTIAL IMPACT INC

What is the EIN of ESSENTIAL IMPACT INC?
The employer identification number (EIN) of ESSENTIAL IMPACT INC is 93-2593106.
Is ESSENTIAL IMPACT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
Are donations to ESSENTIAL IMPACT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ESSENTIAL IMPACT INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ESSENTIAL IMPACT INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ESSENTIAL IMPACT INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of ESSENTIAL IMPACT INC?
The 990 for the year ended December 31, 2024 names GRANT GORDON.
Who are the officers and directors of ESSENTIAL IMPACT INC?
The 990 for the year ended December 31, 2024 lists 4 people; 2 received compensation from the organization, the highest $143,490 (FIREHIWOT TACHEA, MEMBER OF THE BOARD OF DIRECTORS, VICE PRESIDENT,).
How much revenue does ESSENTIAL IMPACT INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $437,155, expenses of $1,030,725 and total assets of $2,078,800 at year end.

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