The Iddeal Foundation
- Assets
- $35.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Coral Springs, FL
- Founding
- 08/2013
- Data as of
- 12/2021
- EIN
- 45-4940297
Organization Overview
The Iddeal Foundation is located in Coral Springs, FL. The organization was established in 2013. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iddeal 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, Iddeal Foundation generated $166.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 28.0% each year . All expenses for the organization totaled $226.5k during the year ending 12/2021. While expenses have increased by 24.5% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
OUR PROGRAM PARTICIPANTS LEARN SOCIAL, LIFE AND EMPLOYMENT SKILLS THROUGH THEIR HANDS-ON OPERATION OF A RETAIL STORE THAT SPECIALIZES IN THE MANUFACTURE, DISTRIBUTION AND RETAIL OF SCENTED CANDLES. FOR MANY OF OUR PARTICIPANTS, THIS IS THE FIRST TIME THEY HAVE THE RESPONSIBILITY, PRIDE AND SENSE OF ACCOMPLISHMENT OF RUNNING A BUSINESS. WE HAVE FOUND THAT THIS EMPOWERMENT HAS LED TO INCREASED MOTOR SKILLS AND COGNITIVE FUNCTION IN THEIR DAILY LIVES. WE HAVE HAD OVER 50 PARTICIPANTS PARTICIPATE IN OUR PROGRAM.
OUR PROGRAM PARTICIPANTS LEARN SOCIAL, LIFE AND EMPLOYMENT SKILLS THROUGH THEIR HANDS-ON OPERATION OF A RETAIL STORE THAT SPECIALIZES IN THE MANUFACTURE, DISTRIBUTION AND RETAIL OF SCENTED CANDLES. FOR MANY OF OUR PARTICIPANTS, THIS IS THE FIRST TIME THEY HAVE THE RESPONSIBILITY, PRIDE AND SENSE OF ACCOMPLISHMENT OF RUNNING A BUSINESS. WE HAVE FOUND THAT THIS EMPOWERMENT HAS LED TO INCREASED MOTOR SKILLS AND COGNITIVE FUNCTION IN THEIR DAILY LIVES. WE HAVE HAD OVER 50 PARTICIPANTS PARTICIPATE IN OUR PROGRAM.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bonnie Schmidt Founding Dir | 60 | $0 | |
Sofia Castro Director | 10 | $0 | |
Denise Anderson Development | 35 | $0 | |
Madison Bernal Communicatio | 7 | $0 | |
Naomi Alzate Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $109,246 |
| Total Program Service Revenue | $57,585 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $166,831 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $28,929 |
| Professional fees and other payments to independent contractors | $13,978 |
| Occupancy, rent, utilities, and maintenance | $22,301 |
| Printing, publications, postage, and shipping | $19,215 |
| Other expenses | $142,125 |
| Total expenses | $226,548 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $20,457 |
| Other assets | $0 |
| Total assets | $35,464 |
| Total liabilities | $102,384 |
| Net assets or fund balances | -$66,920 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Iddeal Foundation has recieved totaling $9,500.
| Awarding Organization | Amount |
|---|---|
James H And Marta T Batmasian Family Foundation Inc Boca Raton, FL PURPOSE: FURTHER THE CHARITABLE ORGANIZATION'S EFFORTS | $9,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Project Access Foundation Inc Miami, FL | $8,531,083 | $32,893,719 |
Early Learning Coalition Of Floridas Heartland Inc Port Charlotte, FL | $2,212,537 | $18,405,437 |
Early Learning Coalition Of Okaloosa And Walton Counties Inc Shalimar, FL | $1,559,642 | $16,151,395 |
University Of North Georgia Foundation Inc Dahlonega, GA | $101,168,345 | $9,379,486 |
Usf Financing Corporation Tampa, FL | $387,045,696 | $13,998,407 |
Drs Kiran & Pallavi Patel 2017 Foundation For Global Understandin Tampa, FL | $0 | -$8,161,100 |
Southern Assoc Of Colleges And Schools Commission On Colleges Inc Decatur, GA | $21,107,199 | $13,477,936 |
White Hall Enrichment Advancement Team Hayneville, AL | $52,157 | $11,823,582 |
A Gift For Teaching Inc Orlando, FL | $5,328,629 | $9,022,570 |
Ninja Academy Incorporated Hollywood, FL | $2,893,530 | $10,861,940 |
Hillsborough Education Foundation Inc Tampa, FL | $10,731,665 | $10,065,447 |
The Cottage School Educational Resource Center Inc Roswell, GA | $19,413,651 | $9,463,796 |