Iada Foundation

990EZ • Fiscal year 2021 • EIN 84-2057409

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 12, 2022

Organization Profile N/A

1776 K Street NWWashington, DC 20006

(214) 351-9595

Siviq Scores

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

0.72x

Higher debt load relative to assets than 92% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

0.97x

Higher debt load relative to revenue than 94% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

-13%

Higher net margin than 23% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

-19%

Faster asset growth than 19% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

-19%

Faster revenue growth than 32% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet

Liabilities / Assets92nd percentile

Assets

Down

$88,277

Down $20,871 (-19%) from 2020

Net Assets

Down

$24,839

Down $8,262 (-25%) from 2020

Liabilities

Down

$63,438

Down $12,609 (-17%) from 2020

Revenue And Expenses

Liabilities / Revenue94th percentile Net Margin23rd percentile

Revenue

Down

$65,134

Down $15,126 (-19%) from 2020

Expenses

$73,396

Up $28,338 (+63%) from 2020

Net Income

Down

-$8,262

Down $43,464 (-123%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth19th percentile

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

Highlighted filing

2021

Assets$88,277

Liabilities$63,438

Net Assets$24,839

Open 2021 Filing

Operations Trend

Revenue Growth32nd percentile

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

Highlighted filing

2021

Revenue$65,134

Expenses$73,396

Net Income-$8,262

Open 2021 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2021 to Dec 31, 2021
Signed: Nov 12, 2022
Return Version: 2021v4.2
Gross Receipts: $74,328

Mission and Program Overview

Mission

To provide scholarships for students aspiring to a career in business aviation.

Program Services

Description	Grants	Expenses
TO PROVIDE SCHOLARSHIPS TO STUDENTS ASPIRING TO A CAREER IN BUSINESS AVIATION.	$59,080	$82,590

Compensation and Service Providers

Top Officer Pay77th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
TONY KIOUSSIS	Member	-	$0	-	-
RACHEL SKOGSBERG	Member	-	$0	-	-
DOC DWYER	Chairman	-	$0	-	-
GEROGE MARBURGER	Vice Chairman	-	$0	-	-
JOHNNY FOSTER	Secretary/Treasurer	-	$0	-	-
WAYNE STARLING	Executive Director	PT	$0	-	-

Filing and Contact Details

Filer

Filer Name: Iada Foundation
EIN: 84-2057409
Phone: 2143519595
Address: 1776 K STREET NW, WASHINGTON, DC 20006

Signing Officer

Name: Brian Proctor
Title: Executive Director
Phone: 2143519595
Signed: 2022-11-12
Discuss with paid preparer: Yes

Preparer

Firm: Cliftonlarsonallen Llp
Address: 101 S CAPITOL BLVD SUITE 1700, BOISE, ID 83702
Preparer: Ann Swindell
Phone: 2083876400

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: scholarship grants. Grantee name: augustas senuta. Grantee relationship: none. Property description: scholarship. Date of gift: 12/31/21. Amount given: 4,000.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: scholarship grants. Grantee name: robert wilson. Grantee relationship: none. Property description: scholarship. Date of gift: 12/31/21. Amount given: 4,000.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: scholarship grants. Grantee name: audrey vaughn. Grantee relationship: none. Property description: scholarship. Date of gift: 12/31/21. Amount given: 4,000.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: scholarship grants. Grantee name: james coulthard. Grantee relationship: none. Property description: scholarship. Date of gift: 12/31/21. Amount given: 4,000.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: scholarship grants. Grantee name: grace kane. Grantee relationship: none. Property description: scholarship. Date of gift: 12/31/21. Amount given: 4,000.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: educational funding. Grantee name: kenny mazingo. Grantee relationship: none. Property description: educational funding. Date of gift: 09/30/21. Amount given: 8,458.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: educational funding. Grantee name: matthew st. Clair. Grantee relationship: none. Property description: educational funding. Date of gift: 10/31/21. Amount given: 9,950.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: educational funding. Grantee name: brandon goetz. Grantee relationship: none. Property description: educational funding. Date of gift: 11/19/21. Amount given: 1,874.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: educational funding. Grantee name: kyle wagman. Grantee relationship: none. Property description: educational funding. Date of gift: 11/19/21. Amount given: 1,499.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: educational funding. Grantee name: darren hall. Grantee relationship: none. Property description: educational funding. Date of gift: 11/19/21. Amount given: 1,249.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: educational funding. Grantee name: jared hasty. Grantee relationship: none. Property description: educational funding. Date of gift: 11/23/21. Amount given: 4,050.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: educational funding. Grantee name: hugh chatham. Grantee relationship: none. Property description: educational funding. Date of gift: 12/31/21. Amount given: 2,500.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: educational funding. Grantee name: henry ramos. Grantee relationship: none. Property description: educational funding. Date of gift: 12/31/21. Amount given: 2,500.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: educational funding. Grantee name: jenna foster. Grantee relationship: none. Property description: educational funding. Date of gift: 12/31/21. Amount given: 2,000.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: charitable contributions. Grantee name: corporate angel network inc.. Grantee relationship: none. Property description: charitable contribution. Date of gift: 10/01/21. Amount given: 5,000. Total included on form 990-ez, line 10: 59,080.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: bank charges & credit card fees:stripe fees. Amount: 517. Description: office supplies & software:quickbooks subscription. Amount: 440. Description: office supplies & software:bill.com. Amount: 900. Total to form 990-ez, line 16: 1,857.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: due from iada. Beg. Of year amount: 16,460. End of year amount: 9,331.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: accounts payable (a/p). Beg. Of year amount: 18,418. End of year amount: 23,769. Description: registration refunds. Beg. Of year amount: 1,645. End of year amount: 1,645. Description: due to iada. Beg. Of year amount: 55,984. End of year amount: 0. Description: iada investment. Beg. Of year amount: 0. End of year amount: 38,024.”

Raw XML Appendix197 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
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IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt	0	CLA
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	2083876400
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	101 S CAPITOL BLVD 1700
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	BOISE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	ID
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	83702
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	92688
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	78946
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	0
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	64328
IRS990EZ/DirectIndirectPltclExpendAmt	0	0
IRS990EZ/DonorAdvisedFndsInd	0	0
IRS990EZ/EngagedInExcessBenefitTransInd	0	0
IRS990EZ/ExcessOrDeficitForYearAmt	0	-8262
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	12459
IRS990EZ/FiledScheduleAInd	0	1
IRS990EZ/ForeignFinancialAccountInd	0	0
IRS990EZ/ForeignOfficeInd	0	0
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	109148
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	88277
IRS990EZ/FundraisingGrossIncomeAmt	0	10000
IRS990EZ/GrantsAndSimilarAmountsPaidAmt	0	59080
IRS990EZ/GrossReceiptsAmt	0	74328
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InfoInScheduleOPartVInd	0	X
IRS990EZ/LobbyingActivitiesInd	0	0
IRS990EZ/MadeLoansToFromOfficersInd	0	0
IRS990EZ/MethodOfAccountingAccrualInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	33101
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	24839
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	33101
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	24839
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	3	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	4	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	5	5.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	4	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	5	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	4	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	5	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	4	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	5	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	TONY KIOUSSIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	RACHEL SKOGSBERG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	DOC DWYER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	3	GEROGE MARBURGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	4	JOHNNY FOSTER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	5	WAYNE STARLING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	VICE CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	4	SECRETARY/TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	5	EXECUTIVE DIRECTOR
IRS990EZ/OperateHospitalInd	0	0
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	0
IRS990EZ/OrganizationHadUBIInd	0	0
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	16460
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	9331
IRS990EZ/OtherChangesInNetAssetsAmt	0	0
IRS990EZ/OtherExpensesTotalAmt	0	1857
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	0
IRS990EZ/PrimaryExemptPurposeTxt	0	TO PROVIDE SCHOLARSHIPS FOR STUDENTS ASPIRING TO A CAREER IN BUSINESS AVIATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	TO PROVIDE SCHOLARSHIPS TO STUDENTS ASPIRING TO A CAREER IN BUSINESS AVIATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	59080
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	82590
IRS990EZ/ProhibitedTaxShelterTransInd	0	0
IRS990EZ/RelatedOrganizationCtrlEntInd	0	0
IRS990EZ/SchoolOperatingInd	0	0
IRS990EZ/SpecialEventsDirectExpensesAmt	0	9194
IRS990EZ/SpecialEventsNetIncomeLossAmt	0	806
IRS990EZ/SubjectToProxyTaxInd	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	76047
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	63438
IRS990EZ/TanningServicesProvidedInd	0	0
IRS990EZ/TaxImposedOnOrganizationMgrAmt	0	0
IRS990EZ/TaxImposedUnderIRC4911Amt	0	0
IRS990EZ/TaxImposedUnderIRC4912Amt	0	0
IRS990EZ/TaxImposedUnderIRC4955Amt	0	0
IRS990EZ/TaxReimbursedByOrganizationAmt	0	0
IRS990EZ/TotalExpensesAmt	0	73396
IRS990EZ/TotalProgramServiceExpensesAmt	0	82590
IRS990EZ/TotalRevenueAmt	0	65134
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	0
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleA/First5Years170Ind	0	X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt	0	64328
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt	0	80260
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt	0	74060
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt	0	218648
IRS990ScheduleA/PublicOrganization170Ind	0	X
IRS990ScheduleA/PublicSupportTotal170Amt	0	66206
IRS990ScheduleA/SubstantialContributorsTotAmt	0	152442
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt	0	64328
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt	0	80260
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt	0	74060
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt	0	218648
IRS990ScheduleA/TotalSupportAmt	0	218648
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	0	RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	ACTIVITY CLASSIFICATION: SCHOLARSHIP GRANTS. GRANTEE NAME: AUGUSTAS SENUTA. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: SCHOLARSHIP. DATE OF GIFT: 12/31/21. AMOUNT GIVEN: 4,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	ACTIVITY CLASSIFICATION: SCHOLARSHIP GRANTS. GRANTEE NAME: ROBERT WILSON. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: SCHOLARSHIP. DATE OF GIFT: 12/31/21. AMOUNT GIVEN: 4,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	ACTIVITY CLASSIFICATION: SCHOLARSHIP GRANTS. GRANTEE NAME: AUDREY VAUGHN. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: SCHOLARSHIP. DATE OF GIFT: 12/31/21. AMOUNT GIVEN: 4,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	ACTIVITY CLASSIFICATION: SCHOLARSHIP GRANTS. GRANTEE NAME: JAMES COULTHARD. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: SCHOLARSHIP. DATE OF GIFT: 12/31/21. AMOUNT GIVEN: 4,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	4	ACTIVITY CLASSIFICATION: SCHOLARSHIP GRANTS. GRANTEE NAME: GRACE KANE. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: SCHOLARSHIP. DATE OF GIFT: 12/31/21. AMOUNT GIVEN: 4,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	5	ACTIVITY CLASSIFICATION: EDUCATIONAL FUNDING. GRANTEE NAME: KENNY MAZINGO. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: EDUCATIONAL FUNDING. DATE OF GIFT: 09/30/21. AMOUNT GIVEN: 8,458.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	6	ACTIVITY CLASSIFICATION: EDUCATIONAL FUNDING. GRANTEE NAME: MATTHEW ST. CLAIR. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: EDUCATIONAL FUNDING. DATE OF GIFT: 10/31/21. AMOUNT GIVEN: 9,950.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	7	ACTIVITY CLASSIFICATION: EDUCATIONAL FUNDING. GRANTEE NAME: BRANDON GOETZ. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: EDUCATIONAL FUNDING. DATE OF GIFT: 11/19/21. AMOUNT GIVEN: 1,874.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	8	ACTIVITY CLASSIFICATION: EDUCATIONAL FUNDING. GRANTEE NAME: KYLE WAGMAN. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: EDUCATIONAL FUNDING. DATE OF GIFT: 11/19/21. AMOUNT GIVEN: 1,499.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	9	ACTIVITY CLASSIFICATION: EDUCATIONAL FUNDING. GRANTEE NAME: DARREN HALL. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: EDUCATIONAL FUNDING. DATE OF GIFT: 11/19/21. AMOUNT GIVEN: 1,249.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	10	ACTIVITY CLASSIFICATION: EDUCATIONAL FUNDING. GRANTEE NAME: JARED HASTY. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: EDUCATIONAL FUNDING. DATE OF GIFT: 11/23/21. AMOUNT GIVEN: 4,050.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	11	ACTIVITY CLASSIFICATION: EDUCATIONAL FUNDING. GRANTEE NAME: HUGH CHATHAM. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: EDUCATIONAL FUNDING. DATE OF GIFT: 12/31/21. AMOUNT GIVEN: 2,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	12	ACTIVITY CLASSIFICATION: EDUCATIONAL FUNDING. GRANTEE NAME: HENRY RAMOS. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: EDUCATIONAL FUNDING. DATE OF GIFT: 12/31/21. AMOUNT GIVEN: 2,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	13	ACTIVITY CLASSIFICATION: EDUCATIONAL FUNDING. GRANTEE NAME: JENNA FOSTER. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: EDUCATIONAL FUNDING. DATE OF GIFT: 12/31/21. AMOUNT GIVEN: 2,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	14	ACTIVITY CLASSIFICATION: CHARITABLE CONTRIBUTIONS. GRANTEE NAME: CORPORATE ANGEL NETWORK INC.. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: CHARITABLE CONTRIBUTION. DATE OF GIFT: 10/01/21. AMOUNT GIVEN: 5,000. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 59,080.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	15	DESCRIPTION: BANK CHARGES & CREDIT CARD FEES:STRIPE FEES. AMOUNT: 517. DESCRIPTION: OFFICE SUPPLIES & SOFTWARE:QUICKBOOKS SUBSCRIPTION. AMOUNT: 440. DESCRIPTION: OFFICE SUPPLIES & SOFTWARE:BILL.COM. AMOUNT: 900. TOTAL TO FORM 990-EZ, LINE 16: 1,857.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	16	DESCRIPTION: DUE FROM IADA. BEG. OF YEAR AMOUNT: 16,460. END OF YEAR AMOUNT: 9,331.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	17	DESCRIPTION: ACCOUNTS PAYABLE (A/P). BEG. OF YEAR AMOUNT: 18,418. END OF YEAR AMOUNT: 23,769. DESCRIPTION: REGISTRATION REFUNDS. BEG. OF YEAR AMOUNT: 1,645. END OF YEAR AMOUNT: 1,645. DESCRIPTION: DUE TO IADA. BEG. OF YEAR AMOUNT: 55,984. END OF YEAR AMOUNT: 0. DESCRIPTION: IADA INVESTMENT. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 38,024.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	4	FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	5	FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	6	FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	7	FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	8	FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	9	FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	10	FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	11	FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	12	FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	13	FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	14	FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	15	FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	16	FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	17	FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc	0	THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd	0	AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd	0	IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd	0	3
ReturnHeader/BuildTS	0	2022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	1
ReturnHeader/BusinessOfficerGrp/PersonNm	0	BRIAN PROCTOR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	2143519595
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2022-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	IADA FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt	0	IADA
ReturnHeader/Filer/EIN	0	842057409
ReturnHeader/Filer/PhoneNum	0	2143519595
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	1776 K STREET NW
ReturnHeader/Filer/USAddress/CityNm	0	WASHINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	DC
ReturnHeader/Filer/USAddress/ZIPCd	0	20006
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	410746749
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	CLIFTONLARSONALLEN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	101 S CAPITOL BLVD SUITE 1700
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	BOISE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	ID
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	83702
ReturnHeader/PreparerPersonGrp/PhoneNum	0	2083876400
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2022-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	ANN SWINDELL
ReturnHeader/ReturnTs	0	2022-11-14T09:01:19-06:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm	0	BRIAN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm	0	PROCTOR
ReturnHeader/TaxPeriodBeginDt	0	2021-01-01
ReturnHeader/TaxPeriodEndDt	0	2021-12-31
ReturnHeader/TaxYr	0	2021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $88,277
Liabilities: $63,438
Net assets: $24,839
Revenue: $65,134
Expenses: $73,396
Net income: -$8,262

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$2.79	$0.99	$1.80	$1.42	$1.52	$0.10
2023Detailed filing. Detailed filing data is available for this year.	$2.90	$1.00	$1.90	$1.64	$0.87	$0.76
2022Detailed filing. Detailed filing data is available for this year.	$2.04	$0.91	$1.13	$1.49	$0.60	$0.89
2021Detailed filing. Detailed filing data is available for this year.	$0.88	$0.63	$0.25	$0.65	$0.73	$0.08
2020Detailed filing. Detailed filing data is available for this year.	$1.09	$0.76	$0.33	$0.80	$0.45	$0.35
2019Detailed filing. Detailed filing data is available for this year.	$0.32	$0.34	$0.02	$0.74	$0.76	$0.02