Kova Foundation Inc
- Assets
- $189.0k
- Revenue
- $256.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Naples, FL
- Founding
- 06/2019
- Data as of
- 12/2021
- EIN
- 84-1988449
Organization Overview
Kova Foundation Inc is located in Naples, FL. The organization was established in 2019. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kova 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.
For the year ending 12/2021, Kova Foundation Inc generated $256.3k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 31.8% each year . All expenses for the organization totaled $99.6k during the year ending 12/2021. While expenses have increased by 26.2% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Colby Emma Secretary | 6 | $0 | |
Matt Flores Director | 2 | $0 | |
Ryan Bosco Treasurer | 2 | $0 | |
Lisa Emma Chairwoman | 6 | $0 | |
Kim Gaglia Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $256,325 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $256,325 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $83,066 |
| Total operating and administrative expenses | $99,563 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $99,563 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $188,982 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $188,982 |
| Accounts payable and accrued expenses | $2,295 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1,445 |
| Total liabilities | $3,740 |
Grants Awarded
Over the last fiscal year, Kova Foundation Inc has awarded $52,036 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Center City, MN PURPOSE: TO FURTHER ORGANIZATION'S MISSION | $10,000 |
Center City, MN PURPOSE: TO FURTHER ORGANIZATION'S MISSION | $10,000 |
Fort Myers, FL PURPOSE: TO FURTHER ORGANIZATION'S MISSION | $10,000 |
Fort Myers, FL PURPOSE: TO FURTHER ORGANIZATION'S MISSION | $10,000 |
PARKINSONS ASSOCIATION OF SWFL INC PURPOSE: TO FURTHER ORGANIZATION'S MISSION | $6,018 |
PARKINSONS ASSOCIATION OF SWFL INC PURPOSE: TO FURTHER ORGANIZATION'S MISSION | $6,018 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
In Touch Foundation Inc Atlanta, GA | $84,991,538 | $40,474,859 |
Elaine Nicpon Marieb Charitable Foundation Naples, FL | $63,080,385 | $8,696,635 |
The Florida Concrete Masonry Education Council Inc Gainesville, FL | $2,957,826 | $3,367,750 |
Parents With A Purpose Inc Atlanta, GA | $315,977 | $2,301,377 |
Global Generosity Inc Alpharetta, GA | $2,653,838 | $2,877,884 |
Jk And Db Gulley Mem Tuw J K Gulley Tr Orlando, FL | $0 | $486,471 |
Recovery Research Network Foundation Inc Atlantis, FL | $303,889 | $1,495,637 |
Geo Group Foundation Inc Boca Raton, FL | $194,115 | $1,477,065 |
Lake Oconee Academy Foundation Inc Greensboro, GA | $20,544,289 | $963,837 |
Alabama Symphony Endowment Birmingham, AL | $18,611,694 | $1,402,512 |
Boxton Cares Inc Crawfordville, FL | $317,182 | $816,667 |
Next Steps Employment Services Corp Sarasota, FL | $28,896 | $1,115,611 |