Infinity Foundation
- Assets
- $268.3k
- Revenue
- $201.7k
- Investments
- $0.0
- Employees
- 2
- Location
- Highland Park, IL
- Founding
- 10/1997
- Data as of
- 12/2021
- EIN
- 36-4118386
Organization Overview
Infinity Foundation is located in Highland Park, IL. The organization was established in 1997. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 12/2021, Infinity Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Infinity 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 12/2021, Infinity Foundation generated $201.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $221.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 7 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
EDUCATION AND RESEARCH ON HOLISTIC AND ALTERNATIVE MEDICINES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED 208 CLASSES ON ALTERNATIVE AND HOLISTIC STUDY TOPICS WHICH WERE ATTENDED BY 2,022 PEOPLE. ALSO PROVIDED FREE LECTURES WHICH WERE ATTENDED BY OVER 500 PEOPLE.
PROVIDED A REFERRAL SERVICE OF HOLISTIC PRACTIONERS TO THE PUBLIC ON THE WEBSITE, IN A BROCHURE AND VIA PHONE REQUESTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Marder Executive Di | Trustee | 40 | $31,200 |
Roy Colver Secretary | OfficerTrustee | 1 | $0 |
Edith Thompson Treasurer/ V | OfficerTrustee | 3 | $0 |
Paul Zavagno President | OfficerTrustee | 3 | $0 |
Deb Smolensky Director | Trustee | 3 | $0 |
Frank Scaletta Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $4,810 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $12,480 |
| All other contributions, gifts, grants, and similar amounts not included above | $41,455 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,745 |
| Total Program Service Revenue | $137,394 |
| Investment income | $1,379 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,790 |
| Net Gain/Loss on Asset Sales | $234 |
| Net Income from Fundraising Events | $2,190 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $201,732 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $20,062 |
| Compensation of current officers, directors, key employees. | $10,031 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $375 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,363 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,515 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $514 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,428 |
| Office expenses | $12,929 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $32,074 |
| 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 | $0 |
| Insurance | $1,720 |
| All other expenses | $11,451 |
| Total functional expenses | $221,890 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,047 |
| Savings and temporary cash investments | $35,946 |
| 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 | $55,358 |
| Investments—publicly traded securities | $151,729 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,181 |
| Total assets | $268,261 |
| Accounts payable and accrued expenses | $898 |
| 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 | $625 |
| Total liabilities | $1,523 |
| Net assets without donor restrictions | $252,797 |
| Net assets with donor restrictions | $13,941 |
| 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 | $268,261 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Infinity Foundation has recieved totaling $2,579.
| Awarding Organization | Amount |
|---|---|
Rossman Family Foundation Chicago, IL PURPOSE: GENERAL PURPOSES | $1,000 |
First Bank Of Highland Park Foundation Highland Park, IL PURPOSE: GENERAL OPERATING SUPPORT | $1,000 |
Reggi Marder Foundation Evanston, IL PURPOSE: TO SUPPORT WOMAN'S HEALTHCARE | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $79 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Education At Work Inc Indianapolis, IN | $7,418,747 | $27,265,167 |
St Coletta Of Wisconsin Inc Jefferson, WI | $22,544,522 | $20,338,471 |
Emergency Nurses Association Schaumburg, IL | $34,613,350 | $21,573,777 |
Nbi-Sems Inc Altoona, WI | $32,056,887 | $23,539,455 |
Eleven Fifty Academy Inc Indianapolis, IN | $2,885,301 | $14,569,317 |
Foundation Of The American College Of Healthcare Executives Chicago, IL | $93,480,001 | $29,930,754 |
Network Of Executive Women Inc Chicago, IL | $6,845,772 | $11,079,191 |
Accreditation Council For Continuing Medical Education Chicago, IL | $14,011,011 | $9,679,361 |
Council For Adult And Experiental Learning Indianapolis, IN | $4,495,606 | $4,303,081 |
American School Of Correspondence Lansing, IL | $11,965,469 | $5,386,399 |
Society For Academic Emergency Medicine Des Plaines, IL | $10,341,301 | $6,329,618 |
Helen Miller-Seiu Member Education And Training Center Chicago, IL | $1,177,324 | $3,731,145 |