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Nonprofiteer
← IBIS CHARITIES FOUNDATION INC

Form 990 for tax year 2022

Filed by IBIS CHARITIES FOUNDATION INC.

Totals

Total revenue
$503,356
Total expenses
$477,336
Contributions and grants received
$377,559
Grants paid
$461,201
Program service revenue
$0
Investment income
$60
Other revenue
$125,737
Total assets, end of year
$371,999
Total liabilities, end of year
$36,014
Net assets or fund balances, end of year
$335,985
Program services expenses (Part IX)
$461,201
Management and general expenses
$6,896
Fundraising expenses
$9,239
Program service expenses (Part III)
$461,201

Program services were 96.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $53,159

  • 1f · All other contributions, gifts and grants

    $324,400

  • 3 · Investment income

    total $60 · related or exempt $60

  • 8a · Fundraising events: gross income

    $217,575

  • 8a · Fundraising events: contributions included on line 1c

    $53,159

  • 8b · Fundraising events: direct expenses

    $104,764

  • 8c · Net income from fundraising events

    total $112,811

  • 9a · Gaming: gross income

    $13,390

  • 9b · Gaming: direct expenses

    $464

  • 9c · Net income from gaming

    total $12,926

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $461,201 · program services $461,201

  • 11b · Fees: legal

    total $1,640 · management and general $1,640

  • 12 · Advertising and promotion

    total $9,039 · fundraising $9,039

  • 13 · Office expenses

    total $985 · management and general $985

  • 14 · Information technology

    total $618 · management and general $618

  • 23 · Insurance

    total $1,177 · management and general $1,177

  • 24a · Other expenses: Major Sponsor Roundtable

    total $2,415 · management and general $2,415

  • 24b · Other expenses: FDACS registration

    total $200 · fundraising $200

  • 24c · Other expenses: Secretary of State filing

    total $61 · management and general $61

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $225,509 · end of year $315,531

  • 4 · Accounts receivable

    beginning of year $132,450 · end of year $56,468

  • 9 · Prepaid expenses and deferred charges

    beginning of year $750

  • 17 · Accounts payable and accrued expenses

    beginning of year $48,744 · end of year $36,014

  • 27 · Net assets without donor restrictions

    beginning of year $193,390 · end of year $237,412

  • 28 · Net assets with donor restrictions

    beginning of year $116,575 · end of year $98,573

Mission and programs · 2022

Mission

Ibis Charities Foundation supported 38 different charitable orgs to support food security, child development, homeless aid, the blind and children's healthcare.

Activities or mission (Part I)

Ibis Charities Foundation grants financial support to nonprofits providing various services to residents of Palm Beach County

  • Ibis Charities Foundation, Inc. supported 38 different charitable entities which provide services to those in need for the following food security, child development, support for the homeless, support for the blind and support for children's healthcare needs.

    Expenses $461,201

As filed on the 2022 return.

Listed in Part VII

  • Sharon Bross

    President Emeritus

    Total calculated
    $0
    Hours/week
    20

  • Rick Carpenter

    President

    Total calculated
    $0
    Hours/week
    2

  • Rick Friedland

    Vice President

    Total calculated
    $0
    Hours/week
    1

  • Pam Ryan

    Secretary

    Total calculated
    $0
    Hours/week
    15

  • John Harris

    Treasurer

    Total calculated
    $0
    Hours/week
    20

  • Kim Kent

    Director

    Total calculated
    $0
    Hours/week
    2

  • Greg Poore

    Director

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2022
Filed
6 November 2023
IRS schema version
2022v5.0
Source object
202323109349300087

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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