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← ITS 4 THE KIDS

Form 990 for tax year 2023

Filed by ITS 4 THE KIDS.

Totals

Total revenue
$153,417
Total expenses
$228,771
Contributions and grants received
$143,255
Grants paid
$156,562
Program service revenue
$0
Investment income
$10,162
Other revenue
$0
Total assets, end of year
$474,796
Total liabilities, end of year
$6,243
Net assets or fund balances, end of year
$468,553
Program services expenses (Part IX)
$156,562
Management and general expenses
$53,546
Fundraising expenses
$18,663
Program service expenses (Part III)
$156,562

Program services were 68.4% 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.

  • 1f · All other contributions, gifts and grants

    $143,255

  • 3 · Investment income

    total $10,162 · related or exempt $10,162

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $147,284 · program services $147,284

  • 2 · Grants to domestic individuals

    total $9,278 · program services $9,278

  • 24a · Other expenses: ADVERTISING

    total $19,522 · management and general $19,522

  • 24b · Other expenses: EVENTS

    total $18,663 · fundraising $18,663

  • 24c · Other expenses: STORAGE

    total $8,156 · management and general $8,156

  • 24d · Other expenses: PROFESSIONAL FEES

    total $7,843 · management and general $7,843

  • 24e · All other expenses

    total $18,025 · management and general $18,025

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $217,781 · end of year $42,543

  • 10a · Land, buildings and equipment: cost or other basis

    $18,171

  • 10c · Land, buildings and equipment, net

    end of year $18,171

  • 13 · Investments: program-related

    beginning of year $330,197 · end of year $414,082

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,071 · end of year $6,243

  • 31 · Retained earnings, endowment or other funds

    beginning of year $543,907 · end of year $468,553

Mission and programs · 2023

Mission

ITS4THEKIDS FOUNDATION FOCUSES ON HELPING CHILDREN THAT ARE FACING UNIQUE CHALLENGES TO THEIR HEALTH AND WELL BEING. RICKY PATEL FOUNDED AND ESTABLISHED ITS4THEKIDS FOUNDATION TO HELP WITH CHILDRENS CAUSES. THREE PRIMARY AREAS OF FOCUS OF THIS ORGANIZATION INCLUDE THE GRACIOUS HANDS ORPHANAGE IN HAITI, NICKLAUS CHILDREN'S HOSPITAL IN MIAMI, FLORIDA AND THE PITCH PERFECT PROGRAM AVAILABLE WORLDWIDE TO PITCH AN IDEA TO HELP CHILDREN IN NEED AND HAVE THEIR PROJECT FUNDED. OUR MISSION IS TO PROVIDE A BETTER QUALITY OF LIFE TO ALL CHILDREN THROUGH HANDS ON ASSISTANCE. THIS IS ACCOMPLISHED THOUGH DEVELOPING AND FUNDING NEW INNOVATIVE PROGRAMS AND CREATING EASIER ACCESS TO RESOURCES TO CREATE A COMMUNITY CULTURE OF GIVING BACK. WE STRONGLY BELIEVE THIS WILL PROVIDE CHILDREN THE OPPORTUNITY TO BECOME HEALTHY AND FULFILLED ADULTS WHO COULD THEN HELP OTHERS IN THE COMMUNITY AND AROUND THE WORLD.

  • FOOD AND SUPPLIES WERE SUPPLIED WITH FUNDING FOR HAITI ORPHANAGE

    Expenses $3,826 · Grants $3,826

  • BAGS OF ESSENTIALS DONATED TO CHILDREN

    Expenses $4,517 · Grants $4,517

  • GENERAL DONATION TO UNDERSERVED CHILDREN IN SOUTH FLORIDA

    Expenses $13,682 · Grants $13,682

  • CONTRIBUTION OF BAGS OF ESSENTIALS DONATED TO CHILDREN, CONTRIBUTION FOR ITS4THEKIDS INCENTIVE W/MIAM POLICE, CONTRIBUTIONS OF ARTS & CRAFTS FOR CHILDREN, CONTRIBUTION FOR TUTORING PROGRAM, CONTRIBUTION TO FEED CHILDREN

    Expenses $134,537 · Grants $134,537

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Ricky Patel

    PRESIDENT

    Total calculated
    $0

  • Arti Patel

    DIRECTOR

    Total calculated
    $0

  • Zak Mann

    DIRECTOR

    Total calculated
    $0

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

Provenance

Return type
form_990
Tax year
2023
Filed
23 August 2024
IRS schema version
2023v5.0
Source object
202422429349301637

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