I Love Venezuela Foundation Inc
- Assets
- $44.9k
- Revenue
- $527.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Miami, FL
- Founding
- 08/2014
- Data as of
- 12/2022
- EIN
- 46-5681221
Organization Overview
I Love Venezuela Foundation Inc is located in Miami, FL. The organization was established in 2014. According to its NTEE Classification (P19) the organization is classified as: Support 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. I Love Venezuela 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, I Love Venezuela Foundation Inc generated $527.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $496.7k during the year ending 12/2022. While expenses have increased by 4.0% per year over the past 7 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, I Love Venezuela Foundation Inc has awarded 170 individual grants totaling $1,464,539. 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $527,831 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $527,831 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $2,278 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $89,787 |
| Total operating and administrative expenses | $92,065 |
| Contributions, gifts, grants paid | $404,602 |
| Total expenses and disbursements | $496,667 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,681 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $3,120 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,013 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $4,047 |
| Total assets | $44,861 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, I Love Venezuela Foundation Inc has awarded $403,828 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN FRIENDS OF FOUNDATION PURPOSE: PROGRAM - DONATION HEALTH | $180,872 |
BRAZIL FOUNDATION NY PURPOSE: PROGRAM - DONATION SOCIAL DEVELOPMENT | $96,000 |
COMPUTADORAS MAGNABYTE VENEZUELA PURPOSE: PROGRAM - DONATION SOCIAL DEVELOPMENT | $23,000 |
CARITAS DE VENEZUELA PURPOSE: PROGRAM - DONATION SOCIAL DEVELOPMENT | $11,487 |
FUNDACION AMIGOS DEL NINO PURPOSE: DONATION - HEALTH | $11,000 |
VENDATUMANO PURPOSE: DONATION - SOCIAL DEVELOPMENT | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that I Love Venezuela Foundation Inc has recieved totaling $10,150.
| Awarding Organization | Amount |
|---|---|
Pga Tour Inc Ponte Vedra Beach, FL PURPOSE: GENERAL SUPPORT | $10,000 |
Lazard Foundation New York, NY PURPOSE: UNRESTRICTED | $150 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Health And Palliative Services Of The Treasure Coast Inc Stuart, FL | $2,374,554 | $13,582,731 |
Cathedral Foundation Of Jacksonville Inc Jacksonville, FL | $15,816,927 | $6,127,257 |
Adoption Related Services Of Pinellas Inc Pinellas Park, FL | $637,716 | $1,890,069 |
Residential Housing Affiliates Inc Atlanta, GA | $2,579,357 | $247,752 |
Gwinnett Coalition For Health And Human Services Inc Lawrenceville, GA | $2,294,676 | $969,133 |
Families Of Children Under Stress Inc Atlanta, GA | $1,368,469 | $930,849 |
Seafarers House Inc Fort Lauderdale, FL | $3,967,685 | $1,051,675 |
Sheridan House Inc Davie, FL | $22,678,672 | $1,630,065 |
I Love Venezuela Foundation Inc Miami, FL | $44,861 | $527,831 |
Live Like Jake Foundation Inc Palm Beach Gardens, FL | $613,852 | $590,412 |
Simple Needs Ga Marietta, GA | $300,184 | $480,188 |
Hearts For Moms Inc West Palm Beach, FL | $256,747 | $327,160 |