The Iiibs Foundation
- Assets
- $386.5k
- Revenue
- $302.7k
- Investments
- $0.0
- Employees
- 2
- Location
- Leesburg, VA
- Founding
- 02/2012
- Data as of
- 12/2022
- EIN
- 45-2048456
Organization Overview
The Iiibs Foundation is located in Leesburg, VA. The organization was established in 2012. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Iiibs Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iiibs 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 12/2022, Iiibs Foundation generated $302.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $213.6k during the year ending 12/2022. While expenses have increased by 4.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO HELP COMFORT WOMEN THROUGH THE PAIN ASSOCIATED WITH BREAST CANCER SURGERY AND TREATMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IIIB'S FOUNDATION CREATES PERSONAL BOSOM BUDDY BASKETS SPECIFICALLY FOR ANY WOMAN DIAGNOSED WITH BREAST CANCER. THE BASKET INCLUDES AN EXCLUSIVE BOSOM BUDDY BOOKLET WHICH CONTAINS TOOLS & TIPS FROM BREAST CANCER SURVIVORS, ALONG WITH PRACTICAL ADVICE FOR THE JOURNEY A BREAST CANCER PATIENT FACES AND MANY ITEMS TO COMFORT AND EDUCATE THEM TO LET THEM KNOW THEY ARE NOT ALONE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carolyn Cole-Rodenburg President | OfficerTrustee | 40 | $70,000 |
Mark Rodenburg Secretary/treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $104,500 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $220,365 |
| Noncash contributions included in lines 1a–1f | $117,008 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $324,865 |
| Total Program Service Revenue | $0 |
| Investment income | $167 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$22,365 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $302,667 |
| 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. | $70,000 |
| Compensation of current officers, directors, key employees. | $28,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $47,300 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $404 |
| Payroll taxes | $8,610 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,880 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,486 |
| Advertising and promotion | $0 |
| Office expenses | $1,941 |
| Information technology | $5,049 |
| 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 | $0 |
| Insurance | $3,056 |
| All other expenses | $0 |
| Total functional expenses | $213,642 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $155,998 |
| Savings and temporary cash investments | $51,291 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $577 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $176,638 |
| 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 | $1,974 |
| Total assets | $386,478 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $3,496 |
| 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 | $3,414 |
| Total liabilities | $6,910 |
| Net assets without donor restrictions | $379,568 |
| 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 | $386,478 |