National Iota Foundation
- Assets
- $182.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Baltimore, MD
- Founding
- 04/1992
- Data as of
- 06/2019
- EIN
- 52-1763517
Organization Overview
National Iota Foundation is located in Baltimore, MD. The organization was established in 1992. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. National Iota 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 06/2019, National Iota Foundation generated $61.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $65.2k during the year ending 06/2019. While expenses have increased by 2.8% per year over the past 5 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Raymond Jenkins Chairman | 5 | $0 | |
Toby Miller Vice Chair | 5 | $0 | |
Shelley Stewart Jr Member | 1 | $0 | |
Ben Lewis III Treasurer | 5 | $0 | |
Carter Borden Member | 5 | $0 | |
James Temple Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,028 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $61,028 |
| Statement of Expenses | |
|---|---|
| Total expenses | $65,184 |
| Balance Sheet | |
|---|---|
| Total assets | $182,512 |
| Total liabilities | $213,909 |
| Net assets or fund balances | -$31,397 |