1edtech Foundation
- Assets
- $161.6k
- Revenue
- $142.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Lake Mary, FL
- Founding
- 05/2019
- Data as of
- 12/2021
- EIN
- 83-1489371
Organization Overview
1edtech Foundation is located in Lake Mary, FL. The organization was established in 2019. According to its NTEE Classification (S19) the organization is classified as: Support N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 1edtech Foundation 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SUPPORT AND OTHER ASSISTANCE TO ITS AFFILIATED ORGANIZATION, 1EDTECH CONSORTIUM, INC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE SUPPORT AND OTHER ASSISTANCE TO ITS AFFILIATED ORGANIZATION, 1EDTECH CONSORTIUM INC.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert J Abel President | OfficerTrustee | 0.5 | $0 |
Lisa Mattson Secretary | OfficerTrustee | 0.5 | $0 |
Kevin Tashlien Director | Trustee | 0.5 | $0 |
Lenny Schad Director | Trustee | 0.5 | $0 |
Paul Czarapata Director | Trustee | 0.5 | $0 |
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 | $142,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $142,500 |
| Total Program Service Revenue | $0 |
| 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 | $142,500 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $75,000 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $104 |
| Fees for services: Accounting | $3,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $227 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $135,000 |
| Total functional expenses | $213,631 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $161,617 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| 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 | $161,617 |
| Accounts payable and accrued expenses | $63,300 |
| 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 | $77,770 |
| Total liabilities | $141,070 |
| Net assets without donor restrictions | $20,547 |
| 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 | $161,617 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that 1edtech Foundation has recieved totaling $292,500.
| Awarding Organization | Amount |
|---|---|
Charles Koch Foundation Arlington, VA PURPOSE: GENERAL OPERATING SUPPORT | $292,500 |
View Grant Recipient Profile
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Toolbank Usa Inc Atlanta, GA | $1,496,142 | $1,196,264 |
Main Street Alabama Birmingham, AL | $445,017 | $593,439 |
Revolt Ministries Panama City, FL | $267,835 | $264,997 |
1edtech Foundation Lake Mary, FL | $161,617 | $142,500 |
Mdglcc Foundation Inc Miami Beach, FL | $52,531 | $0 |
Consider The Lilies Thrift Shop Inc High Springs, FL | $28,314 | $0 |
Colombian Volunteer Ladies Of Tampa Bay Inc Tampa, FL | $10,847 | $0 |
Brown Riverfront Esplanade Foundation Inc Ormond Beach, FL | $20,194,910 | $19,378,162 |
Others Of Northwest Florida Inc Destin, FL | $0 | $12,951 |
Gathering Book Of Acts Ministry Cooper City, FL | $26,481 | $0 |
Gifted Global Inc Senoia, GA | $43,395 | $0 |
Edgewater Expo Inc Edgewater, FL | $10,748 | $0 |