Touched By Type 1 Inc
- Assets
- $407.6k
- Revenue
- $573.4k
- Investments
- $0.0
- Employees
- 5
- Location
- Altamonte Springs, FL
- Founding
- 09/2014
- Data as of
- 12/2021
- EIN
- 46-2316118
Organization Overview
Touched By Type 1 Inc is located in Altamonte Springs, FL. The organization was established in 2014. According to its NTEE Classification (G12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2021, Touched By Type 1 Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Touched By Type 1 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, Touched By Type 1 Inc generated $573.4k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 39.6% each year . All expenses for the organization totaled $392.1k during the year ending 12/2021. While expenses have increased by 33.2% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ELEVATE AWARENESS OF TYPE 1 DIABETES IN ORDER TO EDUCATE THE COMMUNITY, RAISE FUNDS TO FIND A CURE, AND INSPIRE THOSE WITH DIABETES TO LIVE HEALTHY AND ACTIVE LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL AWARENESS SHOW ATTENDANCE - 1,280 VIEWS OF AWARENESS VIDEOS - 5,000 (INCLUDING VIRTUAL)
KIDS WITH DIABETES DANCE PROGRAM NUMBER OF PARTICIPANTS - 84
TOUCHED BY TYPE 1 CONFERENCE NUMBER OF PARTICIPANTS - 350
CHARITABLE CONTRIBUTIONS MADE 100,325
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Forrest President | Officer | 3.75 | $0 |
Jennifer Stein Vice Preside | Officer | 0.25 | $0 |
Jeffrey Forrest Director | Trustee | 1.25 | $0 |
Carly Luczak Director | Trustee | 0.25 | $0 |
Jennifer Sargeant Director | Trustee | 2.5 | $0 |
Michelle Shah Director | Trustee | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $541,275 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $541,275 |
| Total Program Service Revenue | $19,328 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $573,412 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $100,325 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $51,515 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,339 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,000 |
| Fees for services: Accounting | $1,938 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $57,062 |
| Office expenses | $68,807 |
| Information technology | $0 |
| Royalties | $193 |
| Occupancy | $42,308 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,979 |
| Interest | $360 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,480 |
| All other expenses | $3,514 |
| Total functional expenses | $392,131 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $407,632 |
| 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 | $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 | $0 |
| Total assets | $407,632 |
| Accounts payable and accrued expenses | $7,112 |
| 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 | $0 |
| Total liabilities | $7,112 |
| Net assets without donor restrictions | $400,520 |
| 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 | $407,632 |
Grants Awarded
Over the last fiscal year, Touched By Type 1 Inc has awarded $116,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Hollywood, FL PURPOSE: RESEARCH | $110,000 |
Gainesville, FL PURPOSE: SCHOLARSHIP FUND | $6,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Touched By Type 1 Inc has recieved totaling $5,732.
| Awarding Organization | Amount |
|---|---|
Don & Lorraine Freeberg Foundation Glendale, CA PURPOSE: CHARITABLE ACTIVITIES | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $632 |
Eliasburg Family Foundation Inc Baltimore, MD PURPOSE: GENERAL PURPOSES | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Enduring Hearts Inc Marietta, GA | $4,514,675 | $1,999,139 |
Live Like Bella Inc Coral Gables, FL | $1,403,532 | $1,545,707 |
Its The Journey Inc Peachtree Corners, GA | $1,468,150 | $837,855 |
Ians Friends Foundation Inc Atlanta, GA | $2,303,183 | $1,075,992 |
The Cancer Foundation Inc Athens, GA | $2,195,862 | $959,444 |
Memorial Health Systems Foundation Inc Daytona Beach, FL | $11,077,264 | $1,174,706 |
Kruzn For A Kure Foundation Muscle Shoals, AL | $522,631 | $578,388 |
Touched By Type 1 Inc Altamonte Springs, FL | $407,632 | $573,412 |
Atlanta Cancer Care Foundation Inc Atlanta, GA | $402,119 | $605,731 |
Ateam Ministries Homewood, AL | $354,192 | $468,389 |
Gist Cancer Research Fund North Miami Beach, FL | $542,121 | $500,625 |
Tylers Hope For Dystonia Cure Inc Alachua, FL | $489,534 | $485,740 |