Civic Intelligence

Izzy Foundation Inc.

990 • Fiscal year 2019 • EIN 45-3459440

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 16, 2020

PO Box 2326Providence, RI 02906

(401) 331-4999

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

81st percentile

26%

Higher net margin than 81% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

93rd percentile

$55,660

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 30.0% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

76th percentile

26%

Faster asset growth than 76% of similar nonprofits.

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

Revenue Growth

16th percentile

-33%

Faster revenue growth than 16% of similar nonprofits.

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

Assets

Up

$230,139

Up $48,030 (+26%) from 2018

Net Assets

Up

$230,139

Up $48,030 (+26%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Down

$185,598

Down $92,527 (-33%) from 2018

Expenses

Down

$137,568

Down $284,737 (-67%) from 2018

Net Income

Up

$48,030

Up $192,210 (+133%) from 2018

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2012: $97,721Liabilities 2012: $02012Assets 2013: $108,321Liabilities 2013: $0Net Assets 2013: $108,3212013Assets 2014: $177,328Liabilities 2014: $0Net Assets 2014: $177,3282014Assets 2015: $199,376Liabilities 2015: $0Net Assets 2015: $199,3762015Assets 2016: $206,377Liabilities 2016: $0Net Assets 2016: $206,3772016Assets 2017: $326,290Liabilities 2017: $0Net Assets 2017: $326,2902017Assets 2018: $182,109Liabilities 2018: $0Net Assets 2018: $182,1092018Assets 2019: $230,139Liabilities 2019: $0Net Assets 2019: $230,1392019Assets 2020: $259,559Liabilities 2020: $14,577Net Assets 2020: $244,9822020Assets 2021: $346,254Liabilities 2021: $14,577Net Assets 2021: $331,6772021Assets 2022: $202,004Liabilities 2022: $17,144Net Assets 2022: $184,8602022Assets 2023: $232,027Liabilities 2023: $2,226Net Assets 2023: $229,8012023Assets 2024: $52,779Liabilities 2024: $2,226Net Assets 2024: $50,5532024

Highlighted filing

2019

Assets$230,139
Liabilities$0
Net Assets$230,139

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2012: $137,899Expenses 2012: $53,772Net Income 2012: $84,1272012Revenue 2013: $122,174Expenses 2013: $111,574Net Income 2013: $10,6002013Revenue 2014: $173,724Expenses 2014: $104,717Net Income 2014: $69,0072014Revenue 2015: $145,062Expenses 2015: $123,014Net Income 2015: $22,0482015Revenue 2016: $135,390Expenses 2016: $128,389Net Income 2016: $7,0012016Revenue 2017: $260,741Expenses 2017: $140,828Net Income 2017: $119,9132017Revenue 2018: $278,125Expenses 2018: $422,305Net Income 2018: -$144,1802018Revenue 2019: $185,598Expenses 2019: $137,568Net Income 2019: $48,0302019Revenue 2020: $182,272Expenses 2020: $167,429Net Income 2020: $14,8432020Revenue 2021: $264,815Expenses 2021: $190,620Net Income 2021: $74,1952021Revenue 2022: $126,025Expenses 2022: $272,842Net Income 2022: -$146,8172022Revenue 2023: $357,757Expenses 2023: $312,816Net Income 2023: $44,9412023Revenue 2024: $265,754Expenses 2024: $444,004Net Income 2024: -$178,2502024

Highlighted filing

2019

Revenue$185,598
Expenses$137,568
Net Income$48,030
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 16, 2020
Return Version
2019v5.1
Gross Receipts
$280,168
Mission and Program Overview

Mission

The izzy foundation is a national non-profit located in providence rhode island whose mission is to design, fund and izspire cretive projects and programs for families whose children have cancer or other life altering medical conditions to live, laugh, love and play.

Design, fund & izspire creative projects and programs for families whos children have cancer or other life altering medical conditions to live, laugh, love & play.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$182,109$230,139▲ $48,030
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$182,109$230,139▲ $48,030
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$182,109$230,139▲ $48,030
Total Net Assets Fund Balance$182,109$230,139▲ $48,030
Total Liabilities and Net Assets / Fund Balance$182,109$230,139▲ $48,030

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$723$723
Compensation and Service Providers

Employees

NameTitleBaseTotal
Erin ScottExecutive Director$55,660$55,660

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$67,665
Program Service Revenue
$71,945
Investment Income
$0
Other Revenue
$45,988
Change in Net Assets
$48,030
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$76,483
Other Expenses$59,476
Grants and Similar Amounts Paid$1,609
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$42,869$12,791-$55,660
Office Expenses$17,300$5,329-$22,629
Payroll Taxes$17,502--$17,502
Information Technology-$6,089-$6,089
Occupancy$4,455$680-$5,135
Fees for Services Other$1,094$2,803-$3,897
Other Salaries and Wages-$3,321-$3,321
Fees for Services Accounting-$2,813-$2,813
Travel$2,002$68-$2,070
Grants to Domestic Orgs$1,609--$1,609
Advertising-$1,379-$1,379
Insurance$1,155--$1,155
Fees for Services Legal-$402-$402
Conferences and Meetings$124$184-$308
Other Expenses$13,279$15-$15
Total Functional Expenses$101,389$36,179$0$137,568
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$140,558
Fundraising Direct Expenses$94,570
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$147,783$103,798$41,732$62,066
Golf Tournament$39,155$26,685$3,579$23,106
Total Events$208,223$140,558$94,570$45,988
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

A copy of the form 990 is provided to members of the board.

Form 990, Part VI, Section B, Line 12C

Employees must disclose any possible conflicts of interest to the executive director of the izzy foundation and members of the board of directors. The executive director must disclose any possible conflicts of interest to the board of directors.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents (articles of incorporation and by-laws), its conflict of interest policy and financial statements available upon request. The organization will mail copies upon request or provide copies to those who come to the administrative offices during normal business hours. The organization charges for the copies in accordance with irs regulations.

Filing and Contact Details

Filer

Filer Name
The Izzy Foundation
EIN
45-3459440
Phone
4013314999
Address
PO BOX 2326, PROVIDENCE, RI 02906

Signing Officer

Name
Erin Scott
Title
Executive Director
Phone
4016362434
Signed
2020-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Erin Scott
Formed
2012
Legal Domicile
Ri
Voting Board Members
9
Independent Board Members
9
Employees
2
Volunteers
150

Preparer

Firm
Kahn Litwin Renza & Co Ltd
Address
951 NORTH MAIN STREET, PROVIDENCE, RI 02904
Preparer
Sandy Ross
Phone
4012742001
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IRS990/PYOtherExpensesAmt0183668
IRS990/PYOtherRevenueAmt0107327
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-144180
IRS990/PYSalariesCompEmpBnftPaidAmt070629
IRS990/PYTotalExpensesAmt0422305
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0278125
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt048030
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt071945
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt067665
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0170798
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt040466
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt021278
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt023553
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0323760
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt079
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt079
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0212502
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0199613
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0301102
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0191758
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0202646
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01107621
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt079
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt079
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99990
IRS990ScheduleA/PublicSupportPY509Pct00.99990
IRS990ScheduleA/PublicSupportTotal509Amt01431381
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0280167
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0370411
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0341568
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0213036
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0226199
IRS990ScheduleA/Total509Grp/TotalAmt01431381
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0280167
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0370411
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0341568
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0213036
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0226278
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01431460
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0723
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0723
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt067665
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt043985
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt012470
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt011210
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt094570
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt06000
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt06000
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GALA
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt05078
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt05078
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0147783
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt039155
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt021285
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0208223
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0103798
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt026685
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt010075
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0140558
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt045988
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt09947
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt055258
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt041732
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt03579
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt02
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt0915
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt027319
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt028234
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE FORM 990 IS PROVIDED TO MEMBERS OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EMPLOYEES MUST DISCLOSE ANY POSSIBLE CONFLICTS OF INTEREST TO THE EXECUTIVE DIRECTOR OF THE IZZY FOUNDATION AND MEMBERS OF THE BOARD OF DIRECTORS. THE EXECUTIVE DIRECTOR MUST DISCLOSE ANY POSSIBLE CONFLICTS OF INTEREST TO THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS (ARTICLES OF INCORPORATION AND BY-LAWS), ITS CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. THE ORGANIZATION WILL MAIL COPIES UPON REQUEST OR PROVIDE COPIES TO THOSE WHO COME TO THE ADMINISTRATIVE OFFICES DURING NORMAL BUSINESS HOURS. THE ORGANIZATION CHARGES FOR THE COPIES IN ACCORDANCE WITH IRS REGULATIONS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0182109
IRS990/TotalAssetsEOYAmt0230139
IRS990/TotalAssetsGrp/BOYAmt0182109
IRS990/TotalAssetsGrp/EOYAmt0230139
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt067665
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt036179
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0101389
IRS990/TotalFunctionalExpensesGrp/TotalAmt0137568
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0182109
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0230139

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$0.02$0.51$2.66$4.44$1.78
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.32$0.02$2.30$3.58$3.13$0.45
2022Detailed filing. Detailed filing data is available for this year.$2.02$0.17$1.85$1.26$2.73$1.47
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.46$0.15$3.32$2.65$1.91$0.74
2020Detailed filing. Detailed filing data is available for this year.$2.60$0.15$2.45$1.82$1.67$0.15
2019Detailed filing. Detailed filing data is available for this year.$2.30$0.00$2.30$1.86$1.38$0.48
2018Summary only. Only limited summary data is available for this year.$1.82$0.00$1.82$2.78$4.22$1.44
2017Summary only. Only limited summary data is available for this year.$3.26$0.00$3.26$2.61$1.41$1.20
2016Summary only. Only limited summary data is available for this year.$2.06$0.00$2.06$1.35$1.28$0.07
2015Summary only. Only limited summary data is available for this year.$1.99$0.00$1.99$1.45$1.23$0.22
2014Summary only. Only limited summary data is available for this year.$1.77$0.00$1.77$1.74$1.05$0.69
2013Summary only. Only limited summary data is available for this year.$1.08$0.00$1.08$1.22$1.12$0.11
2012Summary only. Only limited summary data is available for this year.$0.98$0.00$1.38$0.54$0.84