Ci Foundation Inc
- Assets
- $6.5k
- Revenue
- $104.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Miami, FL
- Founding
- 10/2011
- Data as of
- 12/2022
- EIN
- 45-2458625
Organization Overview
Ci Foundation Inc is located in Miami, FL. The organization was established in 2011. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ci 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, Ci Foundation Inc generated $104.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $140.6k during the year ending 12/2022. While expenses have increased by 5.2% 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 2015, Ci Foundation Inc has awarded 55 individual grants totaling $590,767. 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
TO SPREAD THE WORD ON PHILANTHROPY AND SUPPORT LOCAL AND NATIONAL PROGRAMS THAT FOCUS ON CHILDRENS INTIATIVES IN NEED OF FINANCIAL ASSISTANCE AND LOGISTICAL SUPPORT WIHTIN THE SOUTH FLORIDA COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH PROGRAMS: CI FOUNDATION RAISES FUNDS AND IN-KIND DONATIONS TO SUPPORT A VARIETY OFCOMMUNICTY YOUTH INITIATVES. 1) FIRST TEE MIAMI: CI FOUNDATION PROVIDES GOLF EQUIPMENT, APPAREL AND SUPPLIES FOR THE DRIVE FOR SUCCESS PROGRAM AT FIRST TEE MIAMI. IN 2018, WE WERE ABLE TO OUTFIT 120 UNDERPRIVILEGED YOUTHS LEARNING TO PLAY GOLF IN BRAND NEW GOLF SHOES. 2) CITY OF MIAMI BEACH PAL CENTER: CI FOUNDATION WAS ABLE TO DONATE 20 BRAND NEW BASKETBALLS TO THE CITY OF MIAMI BEACH POLICE ATHLETIC LEAGUE SPORTS DRIVE. HELPS THEM FOR THEIR AFTER SCHOOL LEAGUES FOR AT RISK KIDS. 3) CI FOUNDATION DEVRLOPED AND LAUNCHED THE FITNESS PORTION OF OUR OWN EAT SMART PROGRAM. CI FOUNDATION PROVIDED 1500 KIDS IN NEED WITH SCHOLARSHIPS TO ATTEND AND PARTICIPATE IN OUR YOUTH FITNESS CLINICS. EAT SMART PROGRAM FOCUSES ON THE FIGHT AGAINST CHILDHOOD HUNGER AND CHILDHOOD OBESITY, WHILE EDUCATING PARTICIPATING YOUTH ON HEALTH, WELLNESS, EXERCISE AND NUTRITION. 4) RONALD MCDONALD HOUSE: CI FOUNDATION PROVIDED MORE THAN 2000 BOOKS TO THE RONALD MCDONALD HOUSE BOOK DRIVE. THESE EFFORTS AFFECT MORE THAN 4000 FAMILIES THROUGHOUT THE YEAR. 5) FLORIDA STATE FOSTER/ADOPTIVE PARENT ASSOCIATION: DONATED 250 BACK PACK AND ATHLETIC BAGS TO THIS ORGANIZATIONS BACK PACK DRIVE. EMPOWERS CHILDREN IN THE FOSTER CARE SYSTEM TO RELOCATE TO NEW HOMES WITH THEIR BELONGINGS IN A PROPER BAG AS OPPOSED TO A TRASH BAG BUILDS PRIDE AND SELF-ESTEEM. 6) RICH GRACE FOOD BANK: CI FOUNDATION DONATED OVER 10,500 FOOD AND BEVERAGES ITEMS TO THE RICH GRACE FOOD BANK DURING THEIR CANNED FOOD DRIVE AND BOTTLED BEVERAGE DRIVE. MOST OF THESE GOODS WENT TO FAMILIES IN NEED WITH SMALL CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Venger Director | Trustee | 2 | $0 |
Martha Rippes Director | Trustee | 2 | $0 |
Valerie Roy Director | Trustee | 2 | $0 |
Tod Roy President | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $45,148 |
| Related organizations | $32,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $77,148 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $27,639 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $104,787 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $29,500 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $111,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $50 |
| Total functional expenses | $140,550 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,452 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,452 |
| Accounts payable and accrued expenses | $0 |
| 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 | $499,900 |
| Other liabilities | $0 |
| Total liabilities | $499,900 |
| Net assets without donor restrictions | -$493,448 |
| 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 | $6,452 |
Grants Awarded
Over the last fiscal year, Ci Foundation Inc has awarded $29,500 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
UNITED WAY OF MIAMIDADE INC | | | $0 |
ALS RECOVERY FUND | | | $0 |
TRANQUIL SHORES NPC INC | | | $0 |
AMERICAN LUNG ASSOCIATION | | | $25,000 |
TWAN RUSSELL EDUCATION FOUNDATION | | | $0 |
COMMUNITIES IN SCHOOLS | | | $0 |