Knowledge Builders Of Florida Inc is located in Miami, FL. The organization was established in 2005. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2022, Knowledge Builders Of Florida Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Knowledge Builders Of Florida 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 12/2022, Knowledge Builders Of Florida Inc generated $335.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $292.2k during the year ending 12/2022. While expenses have increased by 2.3% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
KNOWLEDGE BUILDERS OF FLORIDA, INC. (KBF) IS A 501(C)(3) NONPROFIT ORGANIZATION FOUNDED IN 2001. KBF'S MISSION IS TO DEVELOP AND IMPLEMENT HIGH-QUALITY, INNOVATIVE PROGRAMMING AND SERVICES THAT ARE OUTCOME-FOCUSED, COST-EFFECTIVE, AND SPECIFICALLY DESIGNED TO IMPROVE THE QUALITY OF LIFE FOR UNDERPRIVILEGED YOUTH AND THEIR FAMILIES WITHIN THE COMMUNITIES WE SERVE. KBF VISION IS TO PROVIDE SERVICES IN AN INNOVATIVE, SAFE, AND DRUG-FREE ENVIRONMENT, WHICH SUPPORTS AND ENCOURAGES ACADEMIC ACHIEVEMENT WHILE ENHANCING PHYSICAL, MENTAL, AND SOCIAL WELL BEING. KBF'S MOTTO IS TO "BUILD A BETTER FUTURE TODAY THROUGH TECHNOLOGY".
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2021, ORGANIZATION PROVIDED SERVICES FOR OVER 100 YOUTH AND THEIR FAMILIES IN ITS AFTERSCHOOL PROGRAM AND SUMMER CAMP. SIGNIFICANT IMPROVEMENT WAS SEEN IN POST TEST RESULTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Louis Cooper II Executive Director | Officer | 40 | $57,089 |
Louis Cooper Sr President | OfficerTrustee | 0.5 | $0 |
Diane Smith Treasurer | OfficerTrustee | 0.5 | $0 |
Tanika Bennett Treasurer | OfficerTrustee | 0.5 | $0 |
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 | $223,587 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $223,587 |
Total Program Service Revenue | $111,447 |
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 | $335,034 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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 | $146,870 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $1,128 |
Payroll taxes | $14,579 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $10,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $6,205 |
Advertising and promotion | $2,494 |
Office expenses | $58,950 |
Information technology | $2,158 |
Royalties | $0 |
Occupancy | $9,496 |
Travel | $26,688 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $4,341 |
All other expenses | $0 |
Total functional expenses | $292,161 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $45,226 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $35,487 |
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 | $816 |
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 | $81,529 |
Accounts payable and accrued expenses | $4,348 |
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 | $4,348 |
Net assets without donor restrictions | $77,181 |
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 | $81,529 |