Edificasion
- Assets
- $294.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Wildwood, PA
- Founding
- 01/2017
- Data as of
- 12/2023
- EIN
- 81-3493611
Organization Overview
Edificasion is located in Wildwood, PA. The organization was established in 2017. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Edificasion 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 12/2023, Edificasion generated $115.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $99.5k during the year ending 12/2023. While expenses have increased by 1.4% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE RUN A SAFE HOME FOR CHILDREN FROM AT RISK FAMILIES IN NICARAGUA
Describe the Organization's Program Activity:
Part 3
SALARIES PAID TO NICARAGUAN WORKERS ARE ESSENTIAL TO PROVIDE 24 HOUR CARE AND SAFETY TO THE CHILDREN IN THE SAFE HOME. WE EMPLOYED EIGHT NICARAGUANS WHO SERVE AS HOUSE MOMS, GUARDS AND TUTORS. WE ALSO EMPLOYED ONE AMERICAN WHO SERVES AS THE DIRECTOR.
RENT, UTILITIES AND MAINTENANCE FOR THE CHILDRENS HOME PROVIDE A SAFE ENVIRONMENT AND HOME ATMOSPHERE IN WHICH THE CHILDREN GROW AND DEVELOP IN THE KNOWLEDGE AND UNDERSTANDING OF THEIR TRUE INDENTITY AS GODS BELOVED SONS AND DAUGHTERS, KNOWING THEIR PLACE IN HIS FAMILY. AND AS AN ACCOMPLISHMENT, THEY ALL KNOW THIS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Bain Executive Director | 40 | $0 | |
Julie Valenziano Secretary | 2 | $0 | |
Joseph Sorenson Director | 2 | $0 | |
David Valenziano President | 2 | $0 | |
Devin Reilly Treasurer | 2 | $38,982 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $115,463 |
| 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 | $115,463 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $57,101 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $2,091 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $40,295 |
| Total expenses | $99,487 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $42,183 |
| Other assets | $0 |
| Total assets | $294,788 |
| Total liabilities | $0 |
| Net assets or fund balances | $294,788 |