Intelligent Change Initiatives Inc
- Assets
- $247.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lexington, KY
- Founding
- 10/1996
- Data as of
- 09/2023
- EIN
- 61-1304888
Organization Overview
Intelligent Change Initiatives Inc is located in Lexington, KY. The organization was established in 1996. According to its NTEE Classification (U40) the organization is classified as: Engineering & Technology, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Intelligent Change Initiatives 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 09/2023, Intelligent Change Initiatives Inc generated $4.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (48.7%) each year. All expenses for the organization totaled $1.4k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (55.0%) per year over the past 8 years. 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
2023
Describe the Organization's Program Activity:
Part 3
IDEAFESTIVAL IS AN INTERNATIONAL EVENT THAT FOCUSES ON DISCUSSION AND PRESENTATION OF BIG IDEAS AND INNOVATION. SUPPORT FOR THIS EVENT WAS PROVIDED BY THE UNIVERSITY OF KENTUCKY, UNIVERSITY OF LOUISVILLE, THE COURIER JOURNAL, PAUL OGLE FOUNDATION, BROWN FORMAN, ART WITHOUT WALLS, DELOITTE AND TOUCHE, THE KENTUCKY CENTER, KENTUCKY COMMUNITY AND TECHNICAL COLLEGE SYSTEM, AND OTHER VARIOUS INDIVIDUALS, BUSINESSES, UNIVERSITIES, COLLEGES, AND ORGANIZATIONS. THE IDEAFESTIVAL HAS NOT BEEN HELD SINCE FISCAL YEAR ENDING SEPTEMBER 30, 2019.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ft Samuel Jr President | 2 | $0 | |
Susan Weiss Secretary/treasurer | 1 | $0 | |
Mark Kristy Officer | 1 | $0 | |
Mike Norman Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $3,973 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $3,973 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $550 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $846 |
| Total expenses | $1,396 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $247,053 |
| Other assets | $0 |
| Total assets | $247,053 |
| Total liabilities | $967 |
| Net assets or fund balances | $246,086 |