The Smartdrive Foundation
- Assets
- $0.0
- Revenue
- $52.9k
- Investments
- $0.0
- Employees
- 1
- Location
- New Castle, DE
- Founding
- 04/2007
- Data as of
- 06/2021
- EIN
- 20-8818548
Organization Overview
The Smartdrive Foundation is located in New Castle, DE. The organization was established in 2007. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. Smartdrive Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Smartdrive Foundation generated $52.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (27.8%) each year. All expenses for the organization totaled $52.9k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (29.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO REDUCE LOSS OF LIFE AND PROPERTY IN SENSELESS MOTOR VEHICLE CRASHES BY PROVIDING EDUCATION, POSITIVE REINFORCEMENT, AND RAISING AWARENESS AMONG DRIVERS VIA ONLINE AND HANDS ON SKILLS TRAINING COURSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION OF STUDENTS TO DEVELOP THEIR ANALYTICAL & JUDGEMENT SKILLS WITH REGARD TO MOTOR VEHICLE OPERATION.EDUCATION OF STUDENTS TO DEVELOP THEIR ANALYTICAL & JUDGEMENT SKILLS WITH REGARD TO COLLISION AVOIDANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Samuel W Waltz Co-Chairman | OfficerTrustee | 5 | $0 |
Julian H Booker Executive Director | Officer | 1 | $0 |
Bruce Swayze Co-Chairman | Trustee | 5 | $0 |
Nicole Dimondi Director | Trustee | 1 | $0 |
Andrew Brancati Director | Trustee | 1 | $0 |
Phillip Dedominicis Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $52,884 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $52,884 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $52,884 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $35,299 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,273 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,442 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,985 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,080 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $805 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $52,884 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $0 |
Grants Awarded
Over the last fiscal year, The Smartdrive Foundation has awarded $35,298 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
New Castle, DE PURPOSE: TO GIVE ASSETS TO AN ORGANIZATION WITH A SIMILAR MISSION. | $31,770 |
New Castle, DE PURPOSE: TO GIVE ASSETS TO AN ORGANIZATION WITH A SIMILAR MISSION. | $3,528 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that The Smartdrive Foundation has recieved totaling $57,277.
| Awarding Organization | Amount |
|---|---|
Wilmington University Inc New Castle, DE PURPOSE: SPONSORSHIP | $20,000 |
Wilmington University Inc New Castle, DE PURPOSE: SPONSORSHIP | $20,000 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $17,277 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Learning Lamp Inc Johnstown, PA | $5,123,554 | $8,804,669 |
West Chester University Student Services Inc West Chester, PA | $13,094,103 | $8,544,648 |
Student Association Inc California, PA | $24,020,549 | $6,805,716 |
Student Cooperative Association Inc Indiana, PA | $29,525,625 | $9,645,452 |
Shippensburg University Student Services Inc Shippensburg, PA | $2,959,085 | $3,291,326 |
News Literacy Project Inc Bethesda, MD | $6,963,162 | $5,070,663 |
Kutztown University Student Services Inc Kutztown, PA | $8,214,790 | $4,234,539 |
Community Government Association Of Bloomsburg University Of Pa Bloomsburg, PA | $19,120,941 | $3,395,076 |
Maryland Business Roundtable For Education Inc Baltimore, MD | $721,059 | $3,522,017 |
Penn Hillel Philadelphia, PA | $14,941,250 | $3,257,734 |
Ligonier Valley Learning Center Inc Ligonier, PA | $1,798,717 | $2,940,186 |
I E C Chesapeake Apprenticeship & Training Inc Laurel, MD | $3,113,507 | $2,893,289 |