Ideals Foundation Inc
- Assets
- $128.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lawrenceville, GA
- Founding
- 01/1992
- Data as of
- 12/2021
- EIN
- 58-1952253
Organization Overview
Ideals Foundation Inc is located in Lawrenceville, GA. The organization was established in 1992. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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. Ideals 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, Ideals Foundation Inc generated $171.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $136.7k during the year ending 12/2021. 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 |
|---|---|---|---|
Jack Williams Ceo/board Member | 50 | $96,000 | |
Mark Yates Board Chairman | 1 | $0 | |
Jimmy Stokes Board Member | 0 | $0 | |
Jimmy Fleming Board Member | 0 | $0 | |
Mary Stiltner Board Member | 0 | $0 | |
Lisa Williams Secretary/treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $131,012 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $12 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $40,000 |
| Total Revenue | $171,024 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $103,344 |
| Professional fees and other payments to independent contractors | $4,998 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $3,204 |
| Other expenses | $25,167 |
| Total expenses | $136,713 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $128,295 |
| Other assets | $0 |
| Total assets | $128,295 |
| Total liabilities | $1,862 |
| Net assets or fund balances | $126,433 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Ideals Foundation Inc has recieved totaling $51,000.
| Awarding Organization | Amount |
|---|---|
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $25,000 |
Clifton And Clara Ward Foundation Franklin, TN PURPOSE: OPERATING FUND | $15,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $5,500 |
Tractor And Equipment Company Foundation Birmingham, AL PURPOSE: TO HELP HIGH SCHOOL STUDENTS FOCUS ON LEADERSHIP AND PROVIDE LIFE SKILLS TRAINING | $2,500 |
Dewberry Foundation Inc Atlanta, GA PURPOSE: EQUIP HIGH SCHOOL STUDENTS TO BE POSTIVE LEADERS | $2,000 |
Jsj Family Foundation Inc Lawrenceville, GA PURPOSE: MINISTRY | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fair Fight Action Inc Atlanta, GA | $4,976,834 | $29,928,008 |
South Carolina Connections Academy Inc Columbia, SC | $14,632,201 | $47,709,935 |
South Carolina Learns Greenville, SC | $20,739,195 | $35,702,373 |
South Carolina Virtual Charter School West Columbia, SC | $14,646,057 | $37,851,009 |
Plato Academy Schools Corporation Clearwater, FL | $134,350,424 | $31,890,679 |
Early Learning Coalition Of Northwest Florida Inc Marianna, FL | $3,346,474 | $28,789,946 |
Early Learning Coalition Of Osceola County Inc Kissimmee, FL | $3,012,946 | $27,905,401 |
Faculty Associates Incorporated Gainesville, FL | $18,354,841 | $24,140,038 |
Landmark Christian School Fairburn, GA | $28,586,929 | $25,037,540 |
Georgia Advanced Technology Ventures Inc Atlanta, GA | $206,195,666 | $20,980,407 |
North Raleigh Christian Academy Raleigh, NC | $50,620,236 | $15,888,714 |
Galileo School Foundation Inc Sanford, FL | $34,481,901 | $12,247,750 |