Civic Intelligence

Ifa Foundation

990 • Fiscal year 2019 • EIN 36-3655118

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 24, 2020

4073 North Chinook LaneOrmond Beach, FL 32174

(386) 214-6489

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

27th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

28th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

26th percentile

-5.8%

Higher net margin than 26% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

35th percentile

-1.3%

Faster asset growth than 35% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

33rd percentile

-4.0%

Faster revenue growth than 33% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Down

$881,495

Down $12,000 (-1.3%) from 2018

Net Assets

Down

$881,495

Down $12,000 (-1.3%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Down

$207,100

Down $8,700 (-4.0%) from 2018

Expenses

Down

$219,100

Down $13,400 (-5.8%) from 2018

Net Income

Up

-$12,000

Up $4,700 (+28%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0-$500KAssets 2010: $714,210Liabilities 2010: -$177,273Net Assets 2010: $891,4832010Assets 2011: $891,483Liabilities 2011: $0Net Assets 2011: $891,4832011Assets 2012: $930,393Liabilities 2012: $0Net Assets 2012: $930,3932012Assets 2013: $921,342Liabilities 2013: $0Net Assets 2013: $921,3422013Assets 2014: $965,300Liabilities 2014: $0Net Assets 2014: $965,3002014Assets 2015: $971,741Liabilities 2015: $0Net Assets 2015: $971,7412015Assets 2016: $881,213Liabilities 2016: $0Net Assets 2016: $881,2132016Assets 2017: $910,622Liabilities 2017: $0Net Assets 2017: $910,6222017Assets 2018: $893,495Liabilities 2018: $0Net Assets 2018: $893,4952018Assets 2019: $881,495Liabilities 2019: $0Net Assets 2019: $881,4952019Assets 2020: $890,588Liabilities 2020: $0Net Assets 2020: $890,5882020Assets 2021: $776,455Liabilities 2021: $0Net Assets 2021: $776,4552021Assets 2022: $676,790Liabilities 2022: $0Net Assets 2022: $676,7902022Assets 2023: $477,890Liabilities 2023: $0Net Assets 2023: $477,8902023Assets 2024: $477,890Liabilities 2024: $0Net Assets 2024: $477,8902024

Highlighted filing

2019

Assets$881,495
Liabilities$0
Net Assets$881,495

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200KExpenses 2010: $212,9952010Expenses 2011: $306,0002011Expenses 2012: $334,8502012Revenue 2013: $321,084Expenses 2013: $268,940Net Income 2013: $52,1442013Revenue 2014: $314,318Expenses 2014: $270,360Net Income 2014: $43,9582014Revenue 2015: $326,032Expenses 2015: $293,391Net Income 2015: $32,6412015Revenue 2016: $244,355Expenses 2016: $215,628Net Income 2016: $28,7272016Revenue 2017: $276,690Expenses 2017: $247,119Net Income 2017: $29,5712017Revenue 2018: $215,800Expenses 2018: $232,500Net Income 2018: -$16,7002018Revenue 2019: $207,100Expenses 2019: $219,100Net Income 2019: -$12,0002019Revenue 2020: $229,372Expenses 2020: $220,279Net Income 2020: $9,0932020Revenue 2021: $274,885Expenses 2021: $336,403Net Income 2021: -$61,5182021Revenue 2022: $164,989Expenses 2022: $258,654Net Income 2022: -$93,6652022Revenue 2023: $206,780Expenses 2023: $82,614Net Income 2023: $124,1662023Revenue 2024: $184,031Expenses 2024: $47,100Net Income 2024: $136,9312024

Highlighted filing

2019

Revenue$207,100
Expenses$219,100
Net Income-$12,000
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 24, 2020
Return Version
2019v5.0
Gross Receipts
$207,100
Mission and Program Overview

Mission

The Ifa Foundation through its Ola Olu Spiritual Retreat, Workshops, books and English and Spanish language websites provides education and service facilities to educate the public regarding the ancient African philosophy of Ifa. We create and maintain the only complete Sacred Orisha Gardens in the Western Hemisphere open to the public at no charge. A new program for inmates (continues on Schedule 0, statement 3)

The Ifa Foundation disseminates information regarding the ancient African philosophy of Ifa. 1. The Ifa Foundation has created the only, North American representation of the (continued on Schedule O, statement 2

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$670,800$665,000▼ $5,800
Pledges and Grants Receivable$215,800$198,810▼ $16,990
Cash and Non-Interest-Bearing Accounts$6,895$17,685▲ $10,790
Savings and Temporary Cash Investments$0--
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Investments in Publicly Traded Securities$0--
Intangible Assets$0--
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0--
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$893,495$881,495▼ $12,000
Other Assets Total$0--
Liabilities
Accounts Payable and Accrued Expenses$0--
Grants Payable$0--
Mortgage Notes Payable Secured by Investment Property$0--
Unsecured Notes Loans Payable$0--
Other Liabilities$0--
Deferred Revenue$0--
Escrow Account Liability$0--
Tax Exempt Bond Liabilities$0--
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$893,495$881,495▼ $12,000
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$893,495$881,495▼ $12,000
Total Liabilities and Net Assets / Fund Balance$893,495$881,495▼ $12,000

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$605,000$0$0
Other Land Buildings$0$0$0
Land$60,000-$0
Equipment$0$0$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Board Members and Trustees

NameTitle
Glenn Marlon LewisBoard Member
John StaffordBoard Member
Vassa NeimarkBoard Member
Philip John NeimarkExecutive Director/ CEO
Tanya HusainSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$19,000
Program Service Revenue
$188,100
Investment Income
$0
Other Revenue
$0
All Other Contributions
$19,000
Change in Net Assets
$-12,000
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$219,100
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Information Technology$0$90,800$0$90,800
Other Expenses$0$32,600$0$32,600
Office Expenses$0$27,500$0$27,500
All Other Expenses$26,450--$26,450
Advertising$0$20,000$0$20,000
Insurance$0$4,700$0$4,700
Fees for Services Legal$0$1,750$0$1,750
Total Functional Expenses$26,450$192,650$0$219,100
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0--
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Philip Neimark and Vassa Neimark are married and Tanya Neimark is the daughter of Philip Neimark.

Form 990, Part VI, Section B, Line 11B

The Ifa Foundation sent a mailing to each member.

Form 990, Part VI, Section C, Line 19

There were no requests this year.

Filing and Contact Details

Filer

Filer Name
Ifa Foundation
EIN
36-3655118
Phone
3862146489
Address
4073 North Chinook Lane, Ormond Beach, FL 32174

Signing Officer

Name
Philip Neimark
Title
President, CEO
Phone
3862146489
Signed
2020-07-24

Organization Details

Principal Officer
Philip J Neimark
Formed
1982
Legal Domicile
De
Voting Board Members
0
Independent Board Members
0
Employees
0
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Caretaking of the sacred sculptures.

Raw XML AppendixShowing 400 of 603 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0The Sacred Orisha Gardens at Ola Olu. The is the only representation of the Sacred Gardens, previously re[resented and available only in Oshogbo in Nigeria, and recognized by Professor Robin Poynor, of the University of Florida, continued to thrive and grow. Now with the completion of the 40 foot Onile and the 80 foot Labyrinth; the Gardens have grown to over 22 life size, unique sculptures...all with their own individuality and purpose. New installations provide the public, in person and via our interactive web presence, to experience the tranquility and power of these ancient African representatives of Ifa.
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IRS990/Form990PartVIISectionAGrp/PersonNm1John Stafford
IRS990/Form990PartVIISectionAGrp/PersonNm2Glenn Marlon Lewis
IRS990/Form990PartVIISectionAGrp/PersonNm3Tanya Husain
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IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0893495
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0881495
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt00
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt027500
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt027500
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Maintenance and repairs
IRS990/OtherExpensesGrp/Desc1Landscape Materials for the gardens
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt015300
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt132600
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/TotalAmt015300
IRS990/OtherExpensesGrp/TotalAmt132600
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0215800
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0198810
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Philip J Neimark
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0813110
IRS990/ProgramServiceRevenueGrp/Desc0Sacred Orisha Gardens for Meditation
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0188100
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0188100
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgSrvcAccomActy2Grp/Desc0For online presence we have developed more webinars now
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt08500
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt05255
IRS990/ProgSrvcAccomActy3Grp/Desc0All across the United States various prisons are on our radar and we have embraced supporting those that can truly appreciate.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt05150
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt04500
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt022500
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0232500
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0193300
IRS990/PYRevenuesLessExpensesAmt0-16700
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0232500
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0215800
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-12000
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt013200
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0We did not have any other income.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part II, Line 10
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0172856
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0215800
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0235016
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0211498

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.78$0.00$4.78$1.84$0.47$1.37
2023Detailed filing. Detailed filing data is available for this year.$4.78$0.00$4.78$2.07$0.83$1.24
2022Detailed filing. Detailed filing data is available for this year.$6.77$0.00$6.77$1.65$2.59$0.94
2021Detailed filing. Detailed filing data is available for this year.$7.76$0.00$7.76$2.75$3.36$0.62
2020Detailed filing. Detailed filing data is available for this year.$8.91$0.00$8.91$2.29$2.20$0.09
2019Detailed filing. Detailed filing data is available for this year.$8.81$0.00$8.81$2.07$2.19$0.12
2018Detailed filing. Detailed filing data is available for this year.$8.93$0.00$8.93$2.16$2.33$0.17
2017Detailed filing. Detailed filing data is available for this year.$9.11$0.00$9.11$2.77$2.47$0.30
2016Detailed filing. Detailed filing data is available for this year.$8.81$0.00$8.81$2.44$2.16$0.29
2015Detailed filing. Detailed filing data is available for this year.$9.72$0.00$9.72$3.26$2.93$0.33
2014Detailed filing. Detailed filing data is available for this year.$9.65$0.00$9.65$3.14$2.70$0.44
2013Detailed filing. Detailed filing data is available for this year.$9.21$0.00$9.21$3.21$2.69$0.52
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.30$0.00$9.30$3.35
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.91$0.00$8.91$3.06
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.14$1.77$8.91$2.13