Civic Intelligence

Ife Foundation

990 • Fiscal year 2022 • EIN 45-3819689

Jan 01, 2022 to Dec 31, 2022 • Filed on Aug 22, 2023

Organization ProfileN/A
2443 South University Blvd 306Denver, CO 80210

(720) 288-2828

Siviq Scores

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

Liabilities / Assets

3rd percentile

0.00x

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

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Liabilities / Revenue

3rd percentile

0.00x

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

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Net Margin

12th percentile

-17%

Higher net margin than 12% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Top Officer Pay

9th percentile

$0

Higher top officer pay than 9% of similar nonprofits.

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

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Asset Growth

5th percentile

-20%

Faster asset growth than 5% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Revenue Growth

7th percentile

-50%

Faster revenue growth than 7% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets3rd percentile

Assets

Down

$30,719,135

Down $7,593,852 (-20%) from 2021

Net Assets

Down

$30,719,135

Down $7,593,852 (-20%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue3rd percentileNet Margin12th percentile

Revenue

Down

$1,516,383

Down $1,496,305 (-50%) from 2021

Expenses

Down

$1,777,208

Down $925,990 (-34%) from 2021

Net Income

Down

-$260,825

Down $570,315 (-184%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth5th percentile

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

$60M$40M$20M$0Assets 2012: $4,965,116Liabilities 2012: $1,134Net Assets 2012: $4,963,9822012Assets 2013: $6,766,076Liabilities 2013: $1,026Net Assets 2013: $6,765,0502013Assets 2014: $6,637,794Liabilities 2014: $771Net Assets 2014: $6,637,0232014Assets 2015: $6,454,677Liabilities 2015: $648Net Assets 2015: $6,454,0292015Assets 2016: $6,194,810Liabilities 2016: $2,550Net Assets 2016: $6,192,2602016Assets 2017: $25,885,199Liabilities 2017: $0Net Assets 2017: $25,885,1992017Assets 2018: $23,098,299Liabilities 2018: $0Net Assets 2018: $23,098,2992018Assets 2019: $40,619,828Liabilities 2019: $0Net Assets 2019: $40,619,8282019Assets 2020: $36,842,756Liabilities 2020: $0Net Assets 2020: $36,842,7562020Assets 2021: $38,312,987Liabilities 2021: $0Net Assets 2021: $38,312,9872021Assets 2022: $30,719,135Liabilities 2022: $0Net Assets 2022: $30,719,1352022Assets 2023: $35,242,430Liabilities 2023: $0Net Assets 2023: $35,242,4302023Assets 2024: $43,762,433Liabilities 2024: $0Net Assets 2024: $43,762,4332024

Highlighted filing

2022

Assets$30,719,135
Liabilities$0
Net Assets$30,719,135
Open 2022 Filing

Operations Trend

Revenue Growth7th percentile

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

$30M$20M$10M$0-$10MRevenue 2012: $5,242,395Expenses 2012: $278,413Net Income 2012: $4,963,9822012Revenue 2013: $2,151,411Expenses 2013: $350,343Net Income 2013: $1,801,0682013Revenue 2014: $350,679Expenses 2014: $478,706Net Income 2014: -$128,0272014Revenue 2015: $308,973Expenses 2015: $491,967Net Income 2015: -$182,9942015Revenue 2016: $194,111Expenses 2016: $455,880Net Income 2016: -$261,7692016Revenue 2017: $20,093,294Expenses 2017: $400,355Net Income 2017: $19,692,9392017Revenue 2018: $987,131Expenses 2018: $2,923,844Net Income 2018: -$1,936,7132018Revenue 2019: $14,271,515Expenses 2019: $1,681,074Net Income 2019: $12,590,4412019Revenue 2020: -$2,308,051Expenses 2020: $1,377,001Net Income 2020: -$3,685,0522020Revenue 2021: $3,012,688Expenses 2021: $2,703,198Net Income 2021: $309,4902021Revenue 2022: $1,516,383Expenses 2022: $1,777,208Net Income 2022: -$260,8252022Revenue 2023: $593,602Expenses 2023: $1,979,058Net Income 2023: -$1,385,4562023Revenue 2024: $6,377,319Expenses 2024: $1,767,061Net Income 2024: $4,610,2582024

Highlighted filing

2022

Revenue$1,516,383
Expenses$1,777,208
Net Income-$260,825
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Aug 22, 2023
Return Version
2022v5.0
Gross Receipts
$4,744,947
Mission and Program Overview

Mission

To further charitable purposes by charitable grant making; provided that all such grants shall be made to organizations or entities exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$38,312,987$30,719,135▼ $7,593,852
Investments in Publicly Traded Securities$22,861,722$14,938,755▼ $7,922,967
Intangible Assets$13,500,000$13,500,000→ $0
Accounts Receivable$140,120$882,153▲ $742,033
Savings and Temporary Cash Investments$972,775$705,338▼ $267,437
Other Notes and Loans Receivable, Net$838,370$692,889▼ $145,481
Cash and Non-Interest-Bearing Accounts-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$38,312,987$30,719,135▼ $7,593,852
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$38,312,987$30,719,135▼ $7,593,852
Total Liabilities and Net Assets / Fund Balance$38,312,987$30,719,135▼ $7,593,852
Compensation and Service Providers
Top Officer Pay9th percentile

Board Members and Trustees

NameTitle
Jason BulePresident
Bill LeickDirector
Nathan LutzDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$155,681
Other Revenue
$1,360,702
Change in Net Assets
$-260,825
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,733,693
Other Expenses$43,515
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,733,693--$1,733,693
Fees for Services Management-$20,175-$20,175
Travel$19,335--$19,335
Fees for Services Accounting-$1,775-$1,775
Conferences and Meetings$1,756--$1,756
Office Expenses-$474-$474
Total Functional Expenses$1,754,784$22,424$0$1,777,208
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
New GenerationsWheaton, IL501(c)(3)General Support$1,039,409
Impact IndonesiaFayetteville, GA501(c)(3)General Support$378,771
Mio FrontiersPhoenix, AZ501(c)(3)General Support$127,578
BeyondPlano, TX501(c)(3)General Support$110,000
New Horizons MinistriesColorado Spring, CO501(c)(3)General Support$35,000
Global Teams Intl IncBakersfield, CA501(c)(3)General Support$34,935
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-SupplementalRoyaltiesNo$1,360,702

Loans and Receivables

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

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
Yes
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
Yes
Other officer compensation reviewed
Yes
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

“Form 990 is presented to Board Members and Organization's attorney for review prior to signature by the President.”

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

“President reviews conflict policy individually with Board Members at periodic intervals.”

Form 990, Part VI, Section B, Line 15B

“Directors and Officers are not compensated. The Organization has no employees. Administrative and accounting assistance is provided by contractors all of whom are independent and disinterested persons and whose fees are approved by the Board of Directors.”

Form 990, Part VI, Section C, Line 19

“Form 990, Form 1023, and IRS determination letter are publicly available. Other governing documents, policies, and financial statements are not available to the public.”

Filing and Contact Details

Filer

Filer Name
IFE Foundation
EIN
45-3819689
Phone
7202882828
Address
2443 South University Blvd 306, Denver, CO 80210

Signing Officer

Name
Jason Bule
Title
President
Signed
2023-08-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jason Bule
Formed
2011
Legal Domicile
Co
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Mogg & Associates LLC
Address
5808 S Rapp St Ste 265, Littleton, CO 80120
Preparer
Bryan D Mogg
Phone
7209459100
Raw XML AppendixShowing 400 of 407 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsReceivableGrp/BOYAmt0140120
IRS990/AccountsReceivableGrp/EOYAmt0882153
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0To further charitable purposes by charitable grant making; provided that all such grants shall be made to organizations or entities exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0IFE Foundation
IRS990/BooksInCareOfDetail/PhoneNum07202882828
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02443 South University Blvd Ste 306
IRS990/BooksInCareOfDetail/USAddress/CityNm0Denver
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CO
IRS990/BooksInCareOfDetail/USAddress/ZIPCd080210
IRS990/BusinessRlnWith35CtrlEntInd0true
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt038312987
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt030719135
IRS990/CashNonInterestBearingGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt01756
IRS990/ConferencesMeetingsGrp/TotalAmt01756
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt01733693
IRS990/CYInvestmentIncomeAmt0155681
IRS990/CYOtherExpensesAmt043515
IRS990/CYOtherRevenueAmt01360702
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-260825
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01777208
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01516383
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0Current year's accomplishments included making cash grants to charitable organizations described in Sections 501(c)(3) and 170(b)(1)(A)(i-vi) of the Internal Revenue Code.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01754784
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01775
IRS990/FeesForServicesAccountingGrp/TotalAmt01775
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt020175
IRS990/FeesForServicesManagementGrp/TotalAmt020175
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt011.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt16.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt29.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0Jason Bule
IRS990/Form990PartVIISectionAGrp/PersonNm1Bill Leick
IRS990/Form990PartVIISectionAGrp/PersonNm2Nathan Lutz
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02011
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt066136
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantAmt01733693
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01733693
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01733693
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt03294700
IRS990/GrossReceiptsAmt04744947
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/BOYAmt013500000
IRS990/IntangibleAssetsGrp/EOYAmt013500000
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt089545
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt089545
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt022861722
IRS990/InvestmentsPubTradedSecGrp/EOYAmt014938755
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0CO
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt03228564
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc01) To further charitable purposes by charitable grant making; provided that all such grants shall be made to organizations or entities exempt from federal income tax under 501(c)(3) of the Internal Revenue Code.2) To accept, hold, invest, reinvest and administer any gifts, bequests, devises, benefit of trusts and property of any kind and nature whatsoever, without limitation as to the nature or value there of and to use, disburse or donate the income or principal thereof for charitable purposes.3) To acquire, own, manage, develop, rehabilitate, sell, lease, encumber, or transfer real or personal property in connection with or incidental to charitable purposes.4) To participate in charitable arrangements of all kinds to the extent permitted by law and to act as trustee, or in any other capacity, with respect to any such arrangement.5) To do everything necessary or incidental for charitable purposes not forbidden by the Colorado Revised Nonprofit Corporation Act and to be irrevocably ded
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt038312987
IRS990/NetAssetsOrFundBalancesEOYAmt030719135
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt066136
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt066136
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-7333027
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0474
IRS990/OfficeExpensesGrp/TotalAmt0474
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0838370
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0692889
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Jason Bule
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt02646643
IRS990/PYInvestmentIncomeAmt01288537
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt056555
IRS990/PYOtherRevenueAmt01724151
IRS990/PYRevenuesLessExpensesAmt0309490
IRS990/PYTotalExpensesAmt02703198
IRS990/PYTotalRevenueAmt03012688
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-260825
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt01360702
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt01360702
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0972775
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0705338
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt013500000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt013500000
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01499131
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01888691
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02027415
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0553581
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0987131
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt06955949
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.66000
IRS990ScheduleA/PublicSupportPY170Pct00.85280
IRS990ScheduleA/PublicSupportTotal170Amt013500000
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt013500000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt013500000
IRS990ScheduleA/TotalSupportAmt020455949
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt0110000
IRS990ScheduleI/RecipientTable/CashGrantAmt134935
IRS990ScheduleI/RecipientTable/CashGrantAmt2378771
IRS990ScheduleI/RecipientTable/CashGrantAmt3127578
IRS990ScheduleI/RecipientTable/CashGrantAmt41039409
IRS990ScheduleI/RecipientTable/CashGrantAmt535000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc5501(c)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt40
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt50
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0General Support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1General Support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2General Support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3General Support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4General Support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5General Support
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Beyond
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Global Teams Intl Inc
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2Impact Indonesia
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3Mio Frontiers
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4New Generations
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5New Horizons Ministries
IRS990ScheduleI/RecipientTable/RecipientEIN0271928559
IRS990ScheduleI/RecipientTable/RecipientEIN1581488329
IRS990ScheduleI/RecipientTable/RecipientEIN2208529976
IRS990ScheduleI/RecipientTable/RecipientEIN3953731505
IRS990ScheduleI/RecipientTable/RecipientEIN4352606291
IRS990ScheduleI/RecipientTable/RecipientEIN5841123082
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO Box 860548
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1212 21st St Ste 2
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2135 Gray Fox Pt
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3PO Box 60730
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4PO Box 5412
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt55550 Tech Center Dr Ste 303
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Plano
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Bakersfield
IRS990ScheduleI/RecipientTable/USAddress/CityNm2Fayetteville
IRS990ScheduleI/RecipientTable/USAddress/CityNm3Phoenix
IRS990ScheduleI/RecipientTable/USAddress/CityNm4Wheaton
IRS990ScheduleI/RecipientTable/USAddress/CityNm5Colorado Spring
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2GA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3AZ
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5CO
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd075086
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd193301
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd230214
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd385082
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd460189
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd580919
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Expenditure status and purpose compliance reports are reviewed when periodically received back from recipient organizations.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Grantmaker's Description of How Grants are Used
IRS990ScheduleI/Total501c3OrgCnt06
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0PlasmaCAM Inc
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Supplemental
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt01360702
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Royalties
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0On December 27, 2019, IFE Foundation received as a charitable grant from another tax-exempt organization described in Section 501(c)(3) certain intellectual property. Such intellectual property had previously been licensed to a corporation which was 100% owned by Jason Bule, who is a director and officer of IFE Foundation, for use in the production of a device for controlled cutting of metal. The license agreement was also assigned to IFE Foundation along with the intellectual property. Under the license agreement, the licensee pays fair market royalties based upon its sales using the intellectual property. During the year ended December 31, 2022, IFE Foundation earned $1,360,702 in royalties under the license agreement, which also reflects a receivable balance in the amount of $882,153. Such balance was paid early in 2023, according to the terms of the agreement.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule L, Part V Supplemental Information
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 is presented to Board Members and Organization's attorney for review prior to signature by the President.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1President reviews conflict policy individually with Board Members at periodic intervals.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Directors and Officers are not compensated. The Organization has no employees. Administrative and accounting assistance is provided by contractors all of whom are independent and disinterested persons and whose fees are approved by the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Form 990, Form 1023, and IRS determination letter are publicly available. Other governing documents, policies, and financial statements are not available to the public.
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 B, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt038312987
IRS990/TotalAssetsEOYAmt030719135
IRS990/TotalAssetsGrp/BOYAmt038312987
IRS990/TotalAssetsGrp/EOYAmt030719135
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt022424
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01754784
IRS990/TotalFunctionalExpensesGrp/TotalAmt01777208
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt038312987
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt030719135
IRS990/TotalProgramServiceExpensesAmt01754784
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/ExclusionAmt01516383
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01516383
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt038312987
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt030719135
IRS990/TravelGrp/ProgramServicesAmt019335
IRS990/TravelGrp/TotalAmt019335
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02443 South University Blvd 306
IRS990/USAddress/CityNm0Denver
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd080210
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Jason Bule
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-08-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0IFE Foundation
ReturnHeader/Filer/BusinessNameControlTxt0IFEF
ReturnHeader/Filer/EIN0453819689
ReturnHeader/Filer/PhoneNum07202882828
ReturnHeader/Filer/USAddress/AddressLine1Txt02443 South University Blvd 306
ReturnHeader/Filer/USAddress/CityNm0Denver
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080210
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0260735604
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Mogg & Associates LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05808 S Rapp St Ste 265
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Littleton
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd080120
ReturnHeader/PreparerPersonGrp/PhoneNum07209459100
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Bryan D Mogg

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$30,719,135
Liabilities
$0
Net assets
$30,719,135
Revenue
$1,516,383
Expenses
$1,777,208
Net income
-$260,825
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$43.8$0.00$43.8$6.38$1.77$4.61
2023Detailed filing. Detailed filing data is available for this year.$35.2$0.00$35.2$0.59$1.98$1.39
2022Detailed filing. Detailed filing data is available for this year.$30.7$0.00$30.7$1.52$1.78$0.26
2021Detailed filing. Detailed filing data is available for this year.$38.3$0.00$38.3$3.01$2.70$0.31
2020Detailed filing. Detailed filing data is available for this year.$36.8$0.00$36.8$2.31$1.38$3.69
2019Detailed filing. Detailed filing data is available for this year.$40.6$0.00$40.6$14.3$1.68$12.6
2018Detailed filing. Detailed filing data is available for this year.$23.1$0.00$23.1$0.99$2.92$1.94
2017Summary only. Only limited summary data is available for this year.$25.9$0.00$25.9$20.1$0.40$19.7
2016Summary only. Only limited summary data is available for this year.$6.19$0.00$6.19$0.19$0.46$0.26
2015Summary only. Only limited summary data is available for this year.$6.45$0.00$6.45$0.31$0.49$0.18
2014Summary only. Only limited summary data is available for this year.$6.64$0.00$6.64$0.35$0.48$0.13
2013Summary only. Only limited summary data is available for this year.$6.77$0.00$6.77$2.15$0.35$1.80
2012Summary only. Only limited summary data is available for this year.$4.97$0.00$4.96$5.24$0.28$4.96