Civic Intelligence

The If Foundation Inc

990 • Fiscal year 2019 • EIN 46-3176588

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

Organization ProfileWWW.IF-FOUNDATION.ORG
14-45 117th Street No 2803College Point, NY 11356

(646) 813-6430

Siviq Scores

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

Liabilities / Assets

20th percentile

0.00x

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

2019 filings • NTEE Q • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

20th percentile

0.00x

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

2019 filings • NTEE Q • $1M-$5M nonprofits • Source year 2019

Net Margin

1st percentile

-513%

Higher net margin than 1% of similar nonprofits.

2019 filings • NTEE Q • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

45th percentile

$0

Higher top officer pay than 45% of similar nonprofits.

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

2019 filings • NTEE Q • $1M-$5M nonprofits • Source year 2019

Asset Growth

9th percentile

-35%

Faster asset growth than 9% of similar nonprofits.

2019 filings • NTEE Q • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

3rd percentile

-64%

Faster revenue growth than 3% of similar nonprofits.

2019 filings • NTEE Q • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets20th percentile

Assets

Down

$2,577,203

Down $1,408,710 (-35%) from 2018

Net Assets

Down

$2,577,203

Down $1,408,710 (-35%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue And Expenses
Liabilities / Revenue20th percentileNet Margin1st percentile

Revenue

Down

$351,730

Down $630,263 (-64%) from 2018

Expenses

Up

$2,154,776

Up $1,080,720 (+101%) from 2018

Net Income

Down

-$1,803,046

Down $1,710,983 (-1858%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth9th percentile

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

$6.0M$4.0M$2.0M$0Assets 2014: $2,217,195Liabilities 2014: $0Net Assets 2014: $2,217,1952014Assets 2015: $2,001,126Liabilities 2015: $5,895Net Assets 2015: $1,995,2312015Assets 2016: $4,405,890Liabilities 2016: $1,716Net Assets 2016: $4,404,1742016Assets 2017: $5,113,915Liabilities 2017: $0Net Assets 2017: $5,113,9152017Assets 2018: $3,985,913Liabilities 2018: $0Net Assets 2018: $3,985,9132018Assets 2019: $2,577,203Liabilities 2019: $0Net Assets 2019: $2,577,2032019Assets 2020: $2,796,752Liabilities 2020: $0Net Assets 2020: $2,796,7522020Assets 2021: $2,934,752Liabilities 2021: $0Net Assets 2021: $2,934,7522021Assets 2022: $2,340,059Liabilities 2022: $0Net Assets 2022: $2,340,0592022Assets 2023: $2,656,461Liabilities 2023: $0Net Assets 2023: $2,656,4612023Assets 2024: $2,894,794Liabilities 2024: $0Net Assets 2024: $2,894,7942024

Highlighted filing

2019

Assets$2,577,203
Liabilities$0
Net Assets$2,577,203
Open 2019 Filing

Operations Trend

Revenue Growth3rd percentile

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

$4.0M$2.0M$0-$2.0MRevenue 2014: $3,104,953Expenses 2014: $907,226Net Income 2014: $2,197,7272014Revenue 2015: $1,209,618Expenses 2015: $1,440,498Net Income 2015: -$230,8802015Revenue 2016: $3,286,058Expenses 2016: $1,320,639Net Income 2016: $1,965,4192016Revenue 2017: $1,344,258Expenses 2017: $960,938Net Income 2017: $383,3202017Revenue 2018: $981,993Expenses 2018: $1,074,056Net Income 2018: -$92,0632018Revenue 2019: $351,730Expenses 2019: $2,154,776Net Income 2019: -$1,803,0462019Revenue 2020: $246,524Expenses 2020: $289,927Net Income 2020: -$43,4032020Revenue 2021: $249,989Expenses 2021: $280,157Net Income 2021: -$30,1682021Revenue 2022: $245,899Expenses 2022: $307,099Net Income 2022: -$61,2002022Revenue 2023: $242,098Expenses 2023: $277,061Net Income 2023: -$34,9632023Revenue 2024: $270,943Expenses 2024: $326,099Net Income 2024: -$55,1562024

Highlighted filing

2019

Revenue$351,730
Expenses$2,154,776
Net Income-$1,803,046
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 16, 2020
Return Version
2019v5.1
Gross Receipts
$2,993,434
Mission and Program Overview

Mission

The if foundation seeks to improve and enable the health and well-being of families living in the farming regions of the north department of haiti through the development and support of sustainable solutions aimed at poverty alleviation, education and economic development. The if foundation will focus its resources on reducing food insecurity for families through agricultural development; nourishment of children and the promotion and education of healthy lifestyles. The foundation will implement its interventions in partnership with the community and invest in building local capacity and the evaluation of all its activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,769,433$2,243,508▼ $1,525,925
Savings and Temporary Cash Investments$187,236$304,450▲ $117,214
Accounts Receivable$29,245$29,245→ $0
Total Assets$3,985,914$2,577,203▼ $1,408,711
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,985,914$2,577,203▼ $1,408,711
Total Net Assets Fund Balance$3,985,914$2,577,203▼ $1,408,711
Total Liabilities and Net Assets / Fund Balance$3,985,914$2,577,203▼ $1,408,711
Compensation and Service Providers
Top Officer Pay45th percentile

Board Members and Trustees

NameTitle
Tom IovinoFounder and President
Dale OkonowDirector
Frank CaraTreasurer and Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$159,695
Program Service Revenue
$0
Investment Income
$192,035
Other Revenue
$0
All Other Contributions
$159,695
Change in Net Assets
$-1,803,046

Audited Revenue Reconciliation

Revenue per Audited Statements
$336,802
Revenue Not Reported on Financial Statements
$14,928
Revenue Not Reported on Form 990
$394,335
Total Revenue per Audited Statements
$731,137
Total Revenue per Form 990
$351,730
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,103,702
Other Expenses$51,074
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,800,000--$1,800,000
Foreign Grants$303,702--$303,702
Fees for Services Accounting-$20,619-$20,619
Fees for Service Investment Mgmnt Fees-$14,928-$14,928
Insurance-$8,708-$8,708
Fees for Services Legal-$5,433-$5,433
Other Expenses-$1,155-$1,155
Fees for Services Other-$231-$231
Total Functional Expenses$2,103,702$51,074$0$2,154,776

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,154,776
Expenses per Audited Statements$2,139,848
Total Expenses per Audited Statements$2,139,848
Expenses Not Reported on Financial Statements$14,928
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Fidelity Charitable-iovino Family FundCincinnati, OH501 (c) 3Support Grant Making Opportunities$1,800,000

International Summary

Offices
0
Employees
0
Spending
$303,702

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas,Program ServicesEconomic Development Work00$303,702
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
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 A, Line 8B

“THERE ARE NO COMMITTEES.”

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

“The 990 is reviewed by management after it is prepared by our independent auditors. A copy of the 990 is provided to the board prior to its filing with the internal revenue service.”

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

“Relationships and new partnerships are vetted and approved at the board level.”

Form 990, Part VI, Section B, Line 15

“The employees are reviewed at mid year and year end by the officer they report to directly. The reviews are then discussed with the founder and ceo.”

Form 990, Part VI, Section C, Line 19

“AVAILABLE UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
The If Foundation Inc
EIN
46-3176588
Phone
6468136430
Address
14-45 117TH STREET NO 2803, COLLEGE POINT, NY 11356

Signing Officer

Name
Thomas Iovino
Title
Founder/president
Phone
6468136430
Signed
2020-09-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas Iovino
Formed
2013
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
GRASSI & CO CPA'S PC
Address
488 MADISON AVENUE 21ST FLOOR, NEW YORK, NY 10022
Preparer
David Rottkamp
Phone
2126616166
Supplemental Narrative

Additional Explanations

Part XII Line 2C

“The process has not changed from prior year.”

Financial Statement Notes

PART X, LINE 2:

“The organization applies the provisions pertaining to uncertain tax provisions (fasb accounting standards codification ("asc") topic 740) and has determined that there are no material uncertain tax positions that require recognition or disclosure in the financial statements. The organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The organization believes it is no longer subject to income tax examinations prior to 2016.”

Raw XML AppendixShowing 400 of 425 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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IRS990ScheduleA/FactsAndCircumstancesTestTxt0AS THE IF FOUNDATION'S FIRST PUBLIC SUPPORT PERCENTAGE IS BELOW THE 33.3% THRESHOLD, BUT ABOVE 10%, THE FOUNDATION PROVIDES THE FOLLOWING FACTS AND CIRCUMSTANCES UNDER TREASURY REGULATION 1.170-9(F)(3) AS A BASIS FOR MAINTAINING ITS TAX EXEMPT PUBLIC CHARITY STATUS. UPON ITS INCEPTION, THE IF FOUNDATION WAS GRANTED TAX-EXEMPT STATUS BY THE IRS UNDER IRC SECTION 170(B)(1)(A)(VI). THROUGH THE FIRST THREE YEARS OF THE FOUNDATION, IT'S CHAIRMAN CONTRIBUTED SIGNIFICANT AMOUNTS, TOTALING APPROXIMATELY $5.1 MILLION OF THE TOTAL AMOUNTS CONTRIBUTED OF APPROXIMATELY $6.0 MILLION. DURING THE PAST TWO YEARS AND INTO THE 2020 YEAR, THE CHAIRMAN HAS NOT MADE ANY CONTRIBUTIONS TO THE FOUNDATION. THROUGH THESE FIVE YEARS, THE FOUNDATION HAS RECEIVED CONTRIBUTIONS (OUTSIDE OF ITS CHAIRMAN), FROM A BROAD BASE OF DONORS TOTALING APPROXIMATELY 135 DONORS, OF WHICH 85% OF THESE DONORS CONTRIBUTED AMOUNTS OF $10,000 OR LESS. THE FOUNDATION CONTINUES TO SOLICIT AND RECEIVE CONTRIBUTIONS FROM A BROAD BASE OF DONORS. AT ITS CORE, AND BASED ON OUR MISSION, THE IF FOUNDATION SEEKS TO IMPROVE AND ENABLE THE HEALTH AND WELL-BEING OF FAMILIES LIVING IN THE FARMING REGIONS OF THE NORTH DEPARTMENT OF HAITI THROUGH THE DEVELOPMENT AND SUPPORT OF SUSTAINABLE SOLUTIONS AIMED AT POVERTY ALLEVIATION, EDUCATION AND ECONOMIC DEVELOPMENT. WE EXIST FOR THE BENEFIT OF THE GENERAL PUBLIC IN HAITI.BASED ON THE FACTS AND CIRCUMSTANCES NOTED ABOVE, WE BELIEVE THAT WE CONTINUE TO BE TAX EXEMPT UNDER IRC SECTION 170(B)(1)(A)(VI).
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME - 2017 AMOUNT: $ 1,170.
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IRS990ScheduleA/OtherIncome170Grp/TotalAmt01170
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.13670
IRS990ScheduleA/PublicSupportTotal170Amt0986385
IRS990ScheduleA/SubstantialContributorsTotAmt04980629
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0159695
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0109741
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01224790
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt03246846
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01225942
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05967014
IRS990ScheduleA/TotalSupportAmt07213112
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/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt014928
IRS990ScheduleD/ExpensesSubtotalAmt02139848
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt014928
IRS990ScheduleD/InvestmentExpensesNotIncldAmt014928
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0394335
IRS990ScheduleD/RevenueNotReportedAmt0394335
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt014928
IRS990ScheduleD/RevenueSubtotalAmt0336802
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION APPLIES THE PROVISIONS PERTAINING TO UNCERTAIN TAX PROVISIONS (FASB ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740) AND HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE ORGANIZATION BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS PRIOR TO 2016.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt02154776
IRS990ScheduleD/TotalRevenuePerForm990Amt0351730
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0731137
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02139848
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0303702
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS,
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0ECONOMIC DEVELOPMENT WORK
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICES
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd00
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt0303702
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0WIRE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0ECONOMIC, ENVIRONMENTAL AND NUTRITIONAL PROGRAMS IN HAITI
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0CENTRAL AMERICA AND THE CARRIBEAN
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt0303702
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0ALL GRANTS MADE BY THE FOUNDATION ARE SUBJECT TO THE OVERSIGHT AND REPORTING REQUIREMENTS AS SET FORTH IN THE FOUNDATION'S GRANT LETTER AGREEMENT. THE FOUNDATION REQUIRES MONTHLY FINANCIAL AND PROGRAM UPDATES FROM THE DIRECTOR.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1PART III ACCOUNTING METHOD:
IRS990ScheduleF/Total501c3OrgCnt01
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt0303702
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt01800000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501 (C) 3
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0N/A
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SUPPORT GRANT MAKING OPPORTUNITIES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0FIDELITY CHARITABLE-IOVINO FAMILY FUND
IRS990ScheduleI/RecipientTable/RecipientEIN0110303001
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX 770001
IRS990ScheduleI/RecipientTable/USAddress/CityNm0CINCINNATI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0OH
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd0452770053
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS REVIEWED BY MANAGEMENT AFTER IT IS PREPARED BY OUR INDEPENDENT AUDITORS. A COPY OF THE 990 IS PROVIDED TO THE BOARD PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2RELATIONSHIPS AND NEW PARTNERSHIPS ARE VETTED AND APPROVED AT THE BOARD LEVEL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EMPLOYEES ARE REVIEWED AT MID YEAR AND YEAR END BY THE OFFICER THEY REPORT TO DIRECTLY. THE REVIEWS ARE THEN DISCUSSED WITH THE FOUNDER AND CEO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5PART XII LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/StatesWhereCopyOfReturnIsFldCd1MS
IRS990/StatesWhereCopyOfReturnIsFldCd2NH
IRS990/StatesWhereCopyOfReturnIsFldCd3SC
IRS990/StatesWhereCopyOfReturnIsFldCd4IL
IRS990/StatesWhereCopyOfReturnIsFldCd5KS
IRS990/StatesWhereCopyOfReturnIsFldCd6MD
IRS990/StatesWhereCopyOfReturnIsFldCd7NJ
IRS990/StatesWhereCopyOfReturnIsFldCd8NM
IRS990/StatesWhereCopyOfReturnIsFldCd9TN
IRS990/StatesWhereCopyOfReturnIsFldCd10NC
IRS990/StatesWhereCopyOfReturnIsFldCd11MN
IRS990/StatesWhereCopyOfReturnIsFldCd12MI
IRS990/StatesWhereCopyOfReturnIsFldCd13DC
IRS990/StatesWhereCopyOfReturnIsFldCd14WI
IRS990/StatesWhereCopyOfReturnIsFldCd15CO
IRS990/StatesWhereCopyOfReturnIsFldCd16MA
IRS990/StatesWhereCopyOfReturnIsFldCd17AK
IRS990/StatesWhereCopyOfReturnIsFldCd18AR
IRS990/StatesWhereCopyOfReturnIsFldCd19CA
IRS990/StatesWhereCopyOfReturnIsFldCd20HI
IRS990/StatesWhereCopyOfReturnIsFldCd21KY
IRS990/StatesWhereCopyOfReturnIsFldCd22OH
IRS990/StatesWhereCopyOfReturnIsFldCd23OR
IRS990/StatesWhereCopyOfReturnIsFldCd24PA
IRS990/StatesWhereCopyOfReturnIsFldCd25VA
IRS990/StatesWhereCopyOfReturnIsFldCd26CT
IRS990/StatesWhereCopyOfReturnIsFldCd27ME
IRS990/StatesWhereCopyOfReturnIsFldCd28WA
IRS990/StatesWhereCopyOfReturnIsFldCd29OK
IRS990/StatesWhereCopyOfReturnIsFldCd30UT
IRS990/StatesWhereCopyOfReturnIsFldCd31RI
IRS990/StatesWhereCopyOfReturnIsFldCd32FL
IRS990/StatesWhereCopyOfReturnIsFldCd33WV
IRS990/StatesWhereCopyOfReturnIsFldCd34GA
IRS990/StatesWhereCopyOfReturnIsFldCd35AL
IRS990/StatesWhereCopyOfReturnIsFldCd36ND
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03985914
IRS990/TotalAssetsEOYAmt02577203
IRS990/TotalAssetsGrp/BOYAmt03985914
IRS990/TotalAssetsGrp/EOYAmt02577203
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0159695
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt051074
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02103702
IRS990/TotalFunctionalExpensesGrp/TotalAmt02154776
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03985914
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02577203
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt02103702
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt051329
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0140706
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0351730
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03985914
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02577203
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt014-45 117TH STREET NO 2803
IRS990/USAddress/CityNm0COLLEGE POINT
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd011356
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.IF-FOUNDATION.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0THOMAS IOVINO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0FOUNDER/PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06468136430
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-09-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE IF FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0IFFO
ReturnHeader/Filer/EIN0463176588

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,577,203
Liabilities
$0
Net assets
$2,577,203
Revenue
$351,730
Expenses
$2,154,776
Net income
-$1,803,046
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.89$0.00$2.89$0.27$0.33$0.06
2023Detailed filing. Detailed filing data is available for this year.$2.66$0.00$2.66$0.24$0.28$0.03
2022Detailed filing. Detailed filing data is available for this year.$2.34$0.00$2.34$0.25$0.31$0.06
2021Detailed filing. Detailed filing data is available for this year.$2.93$0.00$2.93$0.25$0.28$0.03
2020Detailed filing. Detailed filing data is available for this year.$2.80$0.00$2.80$0.25$0.29$0.04
2019Detailed filing. Detailed filing data is available for this year.$2.58$0.00$2.58$0.35$2.15$1.80
2018Detailed filing. Detailed filing data is available for this year.$3.99$0.00$3.99$0.98$1.07$0.09
2017Detailed filing. Detailed filing data is available for this year.$5.11$0.00$5.11$1.34$0.96$0.38
2016Detailed filing. Detailed filing data is available for this year.$4.41$0.00$4.40$3.29$1.32$1.97
2015Detailed filing. Detailed filing data is available for this year.$2.00$0.01$2.00$1.21$1.44$0.23
2014Detailed filing. Detailed filing data is available for this year.$2.22$0.00$2.22$3.10$0.91$2.20