Izzy Foundation Inc
- Assets
- $202.0k
- Revenue
- $126.0k
- Investments
- $0.0
- Employees
- 6
- Location
- Providence, RI
- Founding
- 09/2012
- Data as of
- 12/2022
- EIN
- 45-3459440
Organization Overview
Izzy Foundation Inc is located in Providence, RI. The organization was established in 2012. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. As of 12/2022, Izzy Foundation Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Izzy Foundation Inc 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, Izzy Foundation Inc generated $126.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (9.2%) each year. All expenses for the organization totaled $272.8k during the year ending 12/2022. 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
DESIGN, FUND & IZSPIRE CREATIVE PROJECTS AND PROGRAMS FOR FAMILIES WHOS CHILDREN HAVE CANCER OR OTHER LIFE ALTERING MEDICAL CONDITIONS TO LIVE, LAUGH, LOVE & PLAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE IZZY FAMILY ROOM IS LOCATED ON THE 5TH FLOOR OF THE HASBRO CHILDREN'S HOSPITAL & IS A SPACE FOR INPATIENT FAMILIES. CHILDREN UNDERGOING CANCER TREATMENTS AND OTHER ILLNESSES ARE OFTEN IN THE HOSPITAL FOR PROLONGED STAYS, SOMETIMES LASTING MONTHS. THE IZZY FAMILY ROOM PROVIDES A RELAXING ENVIRONMENT TO VISIT WITH OTHERS, ENJOY A MEAL, MAKE COFFEE AND SPEND TIME TOGETHER AWAY FROM THE HOSPITAL ROOM. THERE ARE ALSO WEEKLY YOGA CLASSES, BIRTHDAY PARTIES, COMEDY SHOWS, HAIRCUTS, MASSAGES, FAMILY MOVIE NIGHT & MORE. SUPPORT GROUPS - CARE GROUP: THE IZZY FOUNDATION SPONSORS THIS UNIQUE GROUP OF CAREGIVERS WHICH GIVES AN OPPORTUNITY TO COME TOGETHER TO OFFER PEER SUPPORT TO OUR FELLOW PEDIATRIC CANCER FAMILIES. GRIEF GROUP: GIVES SUPPORT, UNDERSTANDING, COMPASSION, WARMTH & HOPE. THE FOUNDATION, ALONG WITH THE TOMORROW FUND, CO-SPONSOR THIS UNIQUE GROUP OF CAREGIVERS WHICH ALLOWS THE MEMBERS THE OPPORTUNITY TO GRIEVE AND COPE IN A SAFE SPACE WHILE BEING SURROUNDED BY OTHER PEERS WHO HAVE EXPERIENCED A SIMILAR LOSS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeannine Connolly President | OfficerTrustee | 1 | $0 |
Ashley Stuckey Vice President | OfficerTrustee | 1 | $0 |
Karin Fuchs Treasurer | OfficerTrustee | 1 | $0 |
Katina Robison Secretary | OfficerTrustee | 1 | $0 |
Lisa Aguiar Director | Trustee | 1 | $0 |
John Czerwein Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $94,840 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $98,696 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $193,536 |
| 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 | -$67,511 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $126,025 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $15,500 |
| 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. | $71,056 |
| Compensation of current officers, directors, key employees. | $7,106 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $71,392 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $31,856 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $350 |
| Fees for services: Accounting | $1,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,325 |
| Advertising and promotion | $461 |
| Office expenses | $21,065 |
| Information technology | $7,156 |
| Royalties | $0 |
| Occupancy | $13,520 |
| Travel | $2,855 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $30,832 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,628 |
| All other expenses | $96 |
| Total functional expenses | $272,842 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $201,004 |
| 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 | $1,000 |
| 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 | $202,004 |
| 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 | $14,577 |
| Other liabilities | $2,567 |
| Total liabilities | $17,144 |
| Net assets without donor restrictions | $184,860 |
| 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 | $202,004 |