I2 Learning Foundation Inc
- Assets
- $1.8m
- Revenue
- $618.8k
- Investments
- $0.0
- Employees
- 1
- Location
- Brewster, NY
- Founding
- 04/2018
- Data as of
- 12/2023
- EIN
- 82-2141691
Organization Overview
I2 Learning Foundation Inc is located in Brewster, NY. The organization was established in 2018. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. I2 Learning 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EDUCATIONAL PROGRAMS TO STUDENTS. THE ORGANIZATION WILL DEVELOP THESEPROGRAMS IN CONJUNCTION WITH EDUCATIONAL INSTITUTIONS AND HELP IMPLEMENT THEM IN CLASSROOM SETTINGS. THE ORGANIZATION'S PROGRAMS WILL FOCUS ON SCIENCE, TECHNOLOGY, ENGINEERING AND MATH (STEM) TOPICS AND ARTIFICIAL INTELLIGENCE AS THESE ARE BECOMING INCREASINGLY IMPORTANT IN TODAYS WORLD AND THESE PROGRAMS WILL ENABLE STUDENTS TO PURSUE CAREERS IN THESE FIELDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STEM PROGRAMS ARE DEVELOPED IN CONJUNCTION WITH EDUCATIONAL INSTITUTIONS AND THE FOUNDATION HELPS IMPLEMENT THEM IN CLASSROOM SETTINGS. THESE PROGRAMS WILL FOCUS ON SCIENCE, TECHNOLOGY, ENGINEERING AND MATH (STEM) TOPICS.
DAY OF AI IS A FREE, HANDS-ON CURRICULUM OF LESSONS AND ACTIVITIES DESIGNED TO INTRODUCE K-12 STUDENTS TO ARTIFICIAL INTELLIGENCE (AI) AND HOW IT SHAPES THEIR LIVES. THE DAY OF AI CURRICULUM WAS DEVELOPED BY A TEAM OF RESEARCHERS AT MIT RAISE, AND DESIGNED TO BE TAUGHT BY EDUCATORS WITH LITTLE OR NO TECHNOLOGY BACKGROUND. THESE RESOURCES ARE FREE, CREATIVE COMMONS-LICENSED, AND MADE TO BE ACCESSIBLE TO STUDENTS OF ALL BACKGROUNDS AND ABILITIES.
FULL YEAR PROGRAM IS A FULL YEAR CURRICULUM REDESIGN FOR LEARNING IN MIDDLE SCHOOL. IT'S FOCUS IS ON MAKING SCHOOLWORK MORE INTERDISCIPLINARY AND A MORE REAL WORLD EXPERIENCE THAT IS MORE MEANINGFUL AND AUTHENTIC TO STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vicky Vlantis Secretary | OfficerTrustee | 40 | $60,000 |
Ethan Berman President | OfficerTrustee | 40 | $0 |
Jeanne O'keefe Board Member | Trustee | 1 | $0 |
Katie Everett Board Member | Trustee | 1 | $0 |
Jill Shah Board Member | Trustee | 1 | $0 |
Stacia Reidy-Macnaught Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Boston Children's Museum Curriculum Development | 12/30/21 | $233,333 |
American Institutes For Research Evaluations | 12/30/21 | $116,005 |
Financial Statements
| 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 | $12,027 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,027 |
| Total Program Service Revenue | $548,750 |
| Investment income | $57,973 |
| 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 | $618,750 |
| 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. | $153,140 |
| Compensation of current officers, directors, key employees. | $51,856 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,206 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,680 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,961 |
| Advertising and promotion | $2,027 |
| Office expenses | $697 |
| Information technology | $5,992 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $12,313 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $520,002 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,917 |
| Savings and temporary cash investments | $1,732,085 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $37,045 |
| 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 | $8,726 |
| 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 | $1,798,773 |
| Accounts payable and accrued expenses | $23,432 |
| 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 | $23,432 |
| Net assets without donor restrictions | $1,672,452 |
| Net assets with donor restrictions | $102,889 |
| 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 | $1,798,773 |