Audacia Foundation Inc
- Assets
- $1.1m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 5
- Location
- New York, NY
- Founding
- 10/2010
- Data as of
- 12/2022
- EIN
- 27-1426566
Organization Overview
Audacia Foundation Inc is located in New York, NY. The organization was established in 2010. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2022, Audacia Foundation Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Audacia Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Audacia Foundation Inc generated $2.9m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 18.3% each year . All expenses for the organization totaled $1.9m during the year ending 12/2022. While expenses have increased by 12.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Audacia Foundation Inc has awarded 14 individual grants totaling $722,361. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO PROVIDE PROGRAMS AND SERVICES OFFERING EDUCATIONAL AND CAREER SUPPORT TO PERSONS, TYPICALLY AT LEAST 18 YEARS OLD, SEEKING CAREERS IN HEALTH CARE, WITH A GOAL OF HELPING PARTICIPANTS ACHIEVE SUCCESS IN ACADEMIA, CAREER SEARCH AND PROFESSIONAL DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORKFORCE INVESTMENT OPPORTUNITY (WIO) NEW YORK STATE FUNDED PROGRAM UNDER WHICH THE ORGANIZATION IS DESIGNATED A WORKFORCE INVESTMENT ORGANIZATION (WIO), CONTRACTING WITH MANAGED LONG TERM CARE PLANS TO DEVELOP INITIATIVES TARGETING DIRECT CARE WORKERS, WITH THE GOALS OF SUPPORTING THE CRITICAL LONG TERM HEALTHCARE WORKFORCE INFRASTRUCTURE THROUGH RETRAINING, REDEPLOYMENT, AND ENHANCING SKILLSETS.
FUNDING FROM THE U.S. DEPARTMENT OF HEALTH & HUMAN SERVICES EMERGENCY PREPAREDNESS PROGRAMS, ADMINISTERED THROUGH PUBLIC HEALTH SOLUTIONS, A NOT FOR PROFIT CORPORATION, AND THE NEW YORK CITY DEPARTMENT OF HEALTH & MENTAL HYGIENE, TO SUPPORT & ASSIST EMERGENCY MANAGEMENT PLANNING & TRAINING FOR NURSING FACILITY STAFF.
THE ORGANIZATION IS CONTRACTING WITH MANAGED LONG TERM CARE PLANS TO DEVELOP INITIATIVES TARGETING DIRECT CARE WORKERS, WITH THE GOALS OF SUPPORTING THE CRITICAL LONG TERM HEALTHCARE WORKFORCE INFRASTRUCTURE THROUGH RETRAINING, REDEPLOYMENT, AND ENHANCING SKILLSETS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Effie Batis President An | OfficerTrustee | 31.15 | $221,738 |
Matthew Schneck Secretary, T | OfficerTrustee | 25.27 | $147,494 |
Myles Gombert Director | Trustee | $0 | |
Robert Thompson Director | Trustee | $0 | |
Heidi Moustakos Director | Trustee | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Showdme Llc Online Program | 12/30/21 | $217,348 |
Practical Health Solutions Inc Sim. Training | 12/30/21 | $204,583 |
Nancy Butler Online Program | 12/30/21 | $184,100 |
Helgerson Solutions Group Prgrm Dev/grant | 12/30/21 | $120,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,814,883 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,816,883 |
| Total Program Service Revenue | $0 |
| Investment income | $341 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,917,329 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $430,922 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $114,331 |
| Pension plan accruals and contributions | $10,732 |
| Other employee benefits | $109,314 |
| Payroll taxes | $36,395 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $25,268 |
| Fees for services: Accounting | $25,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $538,976 |
| Advertising and promotion | $0 |
| Office expenses | $16,508 |
| Information technology | $14,582 |
| Royalties | $0 |
| Occupancy | $152,980 |
| Travel | $427 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,588 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,791 |
| Insurance | $39,970 |
| All other expenses | $83,940 |
| Total functional expenses | $1,908,200 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $212,399 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $41,230 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $13,247 |
| Net Land, buildings, and equipment | $2,843 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $830,112 |
| Total assets | $1,099,831 |
| Accounts payable and accrued expenses | $58,920 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $6,584 |
| Other liabilities | $13,770 |
| Total liabilities | $79,274 |
| Net assets without donor restrictions | $1,020,557 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,099,831 |
Grants Awarded
Over the last fiscal year, Audacia Foundation Inc has awarded $31,435 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
KINGSBOROUGH COMMUNITY COLLEGEKINGSBOROUGH COMMUNITY COLLEGE PURPOSE: TUITION | $19,555 |
CENTERS HEALTHCARECENTERS HEALTHCARE PURPOSE: TUITION | $11,880 |