Idti Inc
- Assets
- $53.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bradenton, FL
- Founding
- 12/2016
- Data as of
- 12/2023
- EIN
- 47-2730858
Organization Overview
Idti Inc is located in Bradenton, FL. The organization was established in 2016. According to its NTEE Classification (Q20) the organization is classified as: Promotion of International Understanding, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Idti 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 12/2023, Idti Inc generated $128.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.4%) each year. All expenses for the organization totaled $123.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (9.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
EXPENSES TO PROVIDE INFRASTRUCTURE TO SMALL NONPROFIT ORGANIZATIONS WITH MINIMAL RESOURCES TO ACCOMPLISH THEIR GOALS WITHOUT NEEDING TO CREATE AN ENTIRE SUPPORT STRUCTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Nelson Secretary | 15 | $6,000 | |
Robert Hinton President | 3 | $0 | |
Troy Mattes Director | 0 | $0 | |
John Hlohenc Director | 0 | $0 | |
Scott Montgomery Treasurer | 5 | $0 | |
Britney Alvarez CFO | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,050 |
| Total Program Service Revenue | $120,840 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $128,890 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $67,990 |
| Professional fees and other payments to independent contractors | $1,630 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,204 |
| Other expenses | $52,850 |
| Total expenses | $123,674 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $52,374 |
| Other assets | $0 |
| Total assets | $53,721 |
| Total liabilities | $188 |
| Net assets or fund balances | $53,533 |