Indiana Fashion Foundation Corporation
- Assets
- $2.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 05/2019
- Data as of
- 12/2022
- EIN
- 83-2955607
Organization Overview
Indiana Fashion Foundation Corporation is located in Indianapolis, IN. The organization was established in 2019. According to its NTEE Classification (X03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indiana Fashion Foundation Corporation 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, Indiana Fashion Foundation Corporation generated $62.1k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 11.4% each year . All expenses for the organization totaled $67.3k during the year ending 12/2022. 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
CONNECTING INDIANA-BASED FASHION PROFESSIONALS & ORGANIZATIONS TO RESOURCES THAT WILL AID IN ENHANCING PRODUCTIVITY AND MAXIMIZING SOCIAL & ECONOMIC IMPACT.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Denisha Ferguson Executive Director | 43 | $0 | |
Michael Weston President | 35 | $0 | |
Scott Tarter Advisor | 1 | $0 | |
Folasade Ayegbusi Treasure | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,772 |
| Total Program Service Revenue | $21,193 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $154 |
| Total Revenue | $62,119 |
| 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 | $7,310 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $60,014 |
| Total expenses | $67,324 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,458 |
| Other assets | $0 |
| Total assets | $2,458 |
| Total liabilities | $28,138 |
| Net assets or fund balances | -$25,680 |