IFB Solutions Foundation Inc

As filed

Subsection

03

Street

7730 North Point Drive

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2023

• OPERATING EXCLUSIVELY FOR CHARITABLE PURPOSES FOR THE BENEFIT OF, PERFORMING THE FUNCTIONS OF OR CARRYING OUT THE PURPOSES OF WINSTON-SALEM INDUSTRIES FOR THE BLIND, INC. AS A TYPE ONE SUPPORTING ORGANIZATION. EFFECTIVE 9/27/2024, IFB SOLUTIONS FOUNDATION DISCONTINUED OPERATIONS AND TRANSFERRED ALL REMAINING ASSETS TO WINSTON-SALEM INDUSTRIES FOR THE BLIND.

As filed on the 2023 return.

Officers and directors · 2023

As listed in Part VII of the 2023 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

• 2023

  Revenue

  $8,014

  Expenses

  $73,347

  Contributions

  $0

  Grants paid

  $0

• 2022

  Revenue

  $125,294

  Expenses

  $126,634

  Contributions

  $0

  Grants paid

  $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $49,761

  Expenses

  $87,557

  Assets (EOY)

  $9,971,532

• 2020 · 990

  Revenue

  $293,441

  Expenses

  $86,708

  Assets (EOY)

  $10,117,523

• 2019 · 990

  Revenue

  $276,639

  Expenses

  $1,074,369

  Assets (EOY)

  $10,058,504

• 2018 · 990

  Revenue

  $293,302

  Expenses

  $98,653

  Assets (EOY)

  $10,576,715

• 2016 · 990

  Revenue

  $387,431

  Expenses

  $462,353

  Assets (EOY)

  $76,186

• 2015 · 990

  Revenue

  $521,966

  Expenses

  $481,557

  Assets (EOY)

  $156,473

• 2014 · 990

  Revenue

  $334,007

  Expenses

  $405,493

  Assets (EOY)

  $186,573

• 2013 · 990

  Revenue

  $1,136,606

  Expenses

  $1,183,436

  Assets (EOY)

  $210,907

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $415,747

  Assets (EOY)

  $252,833

• 2011 · 990

  Revenue

  — not reported

  Expenses

  $276,298

  Assets (EOY)

  $247,430

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $11,000

  2022 · For grant recipient's exempt purposes

• SOUTHEASTERN KENTUCKY REHABILITATION INDUSTRIES INC

  $10,000

  2024 · FLOOD RELIEF

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Other IRS files