Iec Foundation Inc
- Assets
- $33.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cleveland, OK
- Founding
- 04/1995
- Data as of
- 12/2022
- EIN
- 73-1461299
Organization Overview
Iec Foundation Inc is located in Cleveland, OK. The organization was established in 1995. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iec 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 12/2022, Iec Foundation Inc generated $29.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $23.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.3%) 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
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE ASSISTANCE FOR INDIVIDUALS, FAMILIES, AND OTHER ORGANIZATIONS WITHIN THE IEC SERVICE DISTRICTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Clovis Dist 1 Member | 0 | $0 | |
Beverly Daugherty Treasurer | 0 | $0 | |
Anna Harris Secretary | 0 | $0 | |
Angela Frew Dist 5 Member | 0 | $0 | |
Kim Morris President | 0 | $0 | |
Marlene Braught Dist 7 Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,112 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $128 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $29,240 |
| 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 | $3,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5 |
| Total expenses | $23,731 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $32,982 |
| Other assets | $0 |
| Total assets | $32,982 |
| Total liabilities | $0 |
| Net assets or fund balances | $32,982 |