Totals
- Total revenue
- $541,202
- Total expenses
- $414,250
- Contributions and grants received
- $532,582
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $8,620
- Other revenue
- $0
- Total assets, end of year
- $275,509
- Total liabilities, end of year
- $1,980
- Net assets or fund balances, end of year
- $273,529
- Program services expenses (Part IX)
- $414,250
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $414,250
Program services were 100.0% 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
$532,582
-
3 · Investment income
total $8,620 · excluded $8,620
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $0
-
24a · Other expenses: PROGRAM EXPENSE
total $414,077 · program services $414,077
-
24b · Other expenses: OFFICE/MAINTENANCE
total $173 · program services $173
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $19,577 · end of year $44,889
-
2 · Savings and temporary cash investments
beginning of year $127,000 · end of year $230,620
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
25 · Other liabilities
end of year $1,980
-
27 · Net assets without donor restrictions
beginning of year $62,789 · end of year $117,384
-
28 · Net assets with donor restrictions
beginning of year $83,788 · end of year $156,145
Mission and programs · 2024
Mission
The mission of the IPA Foundation is to improve living conditions in Copan Ruinas Honduras or other foreign locations by improving access to education, health, and economic opportunities.
-
Adopt a dream is a project where we link individuals in the United States with a student needing sponsorship in Honduras so that they may continue their education past the 6th grade.
Expenses $167,278
-
Educational projects encourage students to stay in school and ultimately advance their economic conditions. Educational projects include providing a mobile library, providing classroom supplies, replacing books, supporting the public library, and providing scientific calculators to students.
Expenses $103,492
-
Small projects and other project costs.
Expenses $52,684
-
Construction projects are undertaken in Honduras to enhance living conditions, health, and education. Projects include but are not limited to; the construction of classrooms, repairing roofs, windows and fences, building kitchens, installing pilas and latrines, building bridges, and providing repairs in response to disaster relief.
Expenses $42,129
-
Adopt a school is a program where individuals or Rotary Clubs can sponsor a school in Honduras. Schools that are sponsored receive uniforms for all kids attending school, backpacks, student schools supplies, the schools participate in a mobile library, and teachers can request school supplies.
Expenses $32,635
-
The rapid development program is where participating villages are given education on economics, banking, and business amoung other things. Villagers are given access to funds so they can start their own business enterprises. Villages participate in the program for three years at which time they should be able to sustain their enterprises and continue to grow.
Expenses $8,430
-
The health fund is provided to assist local school children to seek medical attention for illnesses and other medical conditions that when caught early can be attended to and when not attended to can become fatal.
Expenses $7,602
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Bernadette HallidayBERNADETTE HALLIDAY
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Peter MartinPETER MARTIN
President
- Total calculated
- $0
- Hours/week
- 30
-
Teak MartinTEAK MARTIN
Director
- Total calculated
- $0
- Hours/week
- 1
-
Walt GuterbockWALT GUTERBOCK
Vice President
- Total calculated
- $0
- Hours/week
- 1
-
Marty PeaseMARTY PEASE
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Suzanne RadenkovicSUZANNE RADENKOVIC
Director
- Total calculated
- $0
- Hours/week
- 0
-
Richard SentnerRICHARD SENTNER
Director
- Total calculated
- $0
- Hours/week
- 0
-
Tracy DelormTRACY DELORM
Director
- Total calculated
- $0
- Hours/week
- 0
-
Mike GriffinMIKE GRIFFIN
Director
- Total calculated
- $0
- Hours/week
- 2
-
Catherine RiordanCATHERINE RIORDAN
Director
- Total calculated
- $0
- Hours/week
- 0
-
Nancy VoelckersNANCY VOELCKERS
Director
- Total calculated
- $0
- Hours/week
- 0
-
Duane ClarkDUANE CLARK
Director
- Total calculated
- $0
- Hours/week
- 0
-
Lynda RouthLYNDA ROUTH
Director
- Total calculated
- $0
- Hours/week
- 0
-
Geline Cardwell
Director
- Total calculated
- $0
- Hours/week
- 0
-
Stowe TalbotSTOWE TALBOT
Director
- Total calculated
- $0
- Hours/week
- 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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 2 February 2026
- IRS schema version
- 2024v5.2
- Source object
- 202630339349301903
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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