Foolproof Foundation Inc is located in Cocoa, FL. The organization was established in 2014. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foolproof 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 12/2021, Foolproof Foundation Inc generated $294.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.8% each year . All expenses for the organization totaled $301.9k during the year ending 12/2021. While expenses have increased by 18.8% 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
OFFER WEB-DRIVEN FINANCIAL LITERACY PROGRAMS BASED PRIMARILY ON CRITICAL THINKING SKILLS RATHER THAN ROTE MONEY MANAGEMENT SKILLS. OUR PROGRAMS AND MATERIALS ARE COMPLETELY PRO-CONSUMER. WE ADVOCATE FOR THE INDIVIDUAL, NOT FOR ANY PRODUCT, PROGRAM, SERVICE OR COMPANY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Wicher Dehoo Director | 2 | $35,600 | |
Michael Sheffer Director | 2 | $34,192 | |
Mary Cunningham Secretary/tr | 2 | $0 | |
Remar Sutton Director | 2 | $0 | |
Daniel Buettner Director | 2 | $0 | |
Dr Lennette A Coleman President | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Dr Tyler Thournir | 12/30/20 | $55,640 |
Matthew Moss | 12/30/20 | $53,000 |
Matthew Moss | 12/30/20 | $231,259 |
Rice Fundraising Consultants | 12/30/20 | $61,600 |
Veritate Llc | 12/30/20 | $83,558 |
Rice Fundraising Consultants | 12/30/20 | $50,600 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $294,516 |
Interest on Savings | $0 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $294,516 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $69,792 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $10,674 |
Total operating and administrative expenses | $301,928 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $301,928 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $61,081 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $61,081 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, we have identified 5 grants that Foolproof Foundation Inc has recieved totaling $67,000.
Awarding Organization | Amount |
---|---|
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $30,000 |
Minneapolis Foundation Minneapolis, MN PURPOSE: DONOR-RECOMMENDED, PUBLIC SAFETY | $20,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $12,000 |
Rice Family Foundation Hastings, MN PURPOSE: GENERAL SUPPORT | $3,000 |
Kirkpatrick Foundation Inc Oklahoma City, OK PURPOSE: GENERAL SUPPORT | $2,000 |
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Retail Wholesale & Department Store International Union & Industry Birmingham, AL | $67,753,858 | $50,231,512 |
Florida Education Association Tallahassee, FL | $61,306,986 | $37,353,191 |
United Food & Commercial Workers Local 1000 & Kroger Dallas Health Pembroke Pines, FL | $19,077,558 | $29,474,183 |
Southern States Police Benevolent Association Inc Mcdonough, GA | $14,043,615 | $16,142,933 |
International Longshoremens Assn S Fl Ila Container Royalty Fund Miami, FL | $14,989,550 | $15,311,387 |
Seafarers International Union Of North American Dania Beach, FL | $23,905,405 | $12,764,369 |
Alabama Farmers Federation Inc Montgomery, AL | $51,185,897 | $13,567,426 |
Florida Police Benevolent Association Inc Tallahassee, FL | $14,595,593 | $11,620,647 |
United Teachers Of Dade Miami Springs, FL | $14,323,353 | $11,858,827 |
International Brotherhood Of Teamsters Atlanta, GA | $23,489,965 | $15,555,730 |
United Food And Commercial Workers International Union Suwanee, GA | $6,071,667 | $10,158,607 |
American Federation Of Teachers Tamarac, FL | $9,473,418 | $9,327,723 |