I Aid Inc
- Assets
- $60.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Marcos, TX
- Founding
- 01/2018
- Data as of
- 12/2021
- EIN
- 82-3229884
Organization Overview
I Aid Inc is located in San Marcos, TX. The organization was established in 2018. According to its NTEE Classification (M20) the organization is classified as: Disaster Preparedness & Relief Services, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. I Aid 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 12/2021, I Aid Inc generated $191.2k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 20.4% each year . All expenses for the organization totaled $141.4k during the year ending 12/2021. While expenses have increased by 14.1% per year over the past 3 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
2021
Describe the Organization's Program Activity:
Part 3
2020 EFFORTS FOCUSED ON COVID RELIEF. FACILITATED APPROXIMATELY $13MM OF IN-KIND DONATIONS INCLUDING FACE MASKS AND OTHER PPE IN THE US AND OXYGEN CONCENTRATORS IN INDIA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Helen Lowy Secretary | 0 | $0 | |
David Sergi President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $191,247 |
| 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 | $191,247 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,721 |
| Total expenses | $141,376 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $60,510 |
| Other assets | $0 |
| Total assets | $60,510 |
| Total liabilities | $0 |
| Net assets or fund balances | $60,510 |
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