I Will Mentorship Foundation
- Assets
- $134.3k
- Revenue
- $187.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Myers, FL
- Founding
- 04/2015
- Data as of
- 12/2022
- EIN
- 47-3761436
Organization Overview
I Will Mentorship Foundation is located in Fort Myers, FL. The organization was established in 2015. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. I Will Mentorship Foundation 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 Will Mentorship Foundation generated $187.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $195.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
I WILL MENTORSHIP FOUNDATION (IWMF) EMPOWERS YOUTH TO MAKE POSITIVE LIFE CHOICES THROUGH STEAM BASED LEARNING AND EVIDENCE BASED MENTORING PROGRAMS FOCUSED ON INCREASING ACADEMIC ACHIEVEMENT, STRENGTHENING COMMUNITY, AND PROVIDING EXPOSURE TO IMPROVE SOCIOECONOMIC MOBILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY CONNECT BUILDS TIES BETWEEN THE PUBLIC AND PRIVATE SECTOR AND ENCOURAGES COMMUNITY-DRIVEN SOLUTIONS THAT ENHANCE PUBLIC SAFETY, ENVIRONMENTAL AWARENESS, EDUCATION, HEALTH AND LIVABILITY. THE PROGRAM IS THE FRAMEWORK THAT FACILITATES PUBLIC-PRIVATE COLLABORATION TO STRENGTHEN COMMUNITIES. BUILT ON A FOUNDATION OF TECHNOLOGY THAT REINFORCES COMMUNITY VITALITY. THIS IS DONE BY BUILDING CONNECTIONS, INTRODUCING RESIDENTS TO CITY AND COMMUNITY SERVICE PROJECTS THAT WORK TOWARDS COMMON GOALS SUCH AS INCREASING ECONOMIC STABILITY, BEAUTIFYING PROPERTIES AND ENGAGING RESIDENTS.
SMART, OUR FLAGSHIP PROGRAM, EMPOWERS YOUTH TO DEEPEN THEIR TALENTS AND PURSUE STEAM CAREERS. HIGH SCHOOL STUDENTS PARTICIPATE IN WEEKLY PROGRAMMING. EACH SUMMER, WE CONDUCT A SUMMER CAMP, SMASH, THAT IMMERSES STUDENTS IN TUITION FREE STEAM ACTIVITIES. IN SMASH, YOUNGER STUDENTS ARE COACHED BY THE HIGH SCHOOL STUDENTS AND MENTORS THAT REPRESENT THE PATH AND FUTURE THEY CAN ACHIEVE.
NEXGEN PROVIDES AN OPPORTUNITY FOR RISING STUDENTS TO FOCUS INTENSIVELY ON COMPLETING HIGH SCHOOL AND ENROLLING IN COLLEGE OR VOCATIONAL SCHOOL. THE PROGRAM PROVIDES SERVICES FOR HIGH SCHOOL AND COLLEGE DROPOUTS WHO WISH TO COMPLETE THEIR EDUCATION. ACADEMIC AND ADVISORY ACTIVITIES INCLUDE STUDY SKILLS/TEST TAKING WORKSHOPS, HIGH SCHOOL COURSE SELECTION, TUTORIAL REFERRAL, PSAT/SAT PREPARATION, REFERRAL TO MATH-SCIENCE PROGRAMS AND PARENT WORKSHOPS. NEXGEN PROVIDES COLLEGE CATALOGS AND APPLICATION ASSISTANCE, COLLEGE TOURS, COLLEGE ADMISSIONS WAIVERS, POSTSECONDARY PRE-ENROLLMENT ACTIVITIES AND INFORMATION ON PROGRAMS OF STUDY. CAREER COUNSELING, CLUBS, CAREER/VOCATIONAL ASSESSMENT, LEADERSHIP DEVELOPMENT ACTIVITIES AND CULTURAL ENRICHMENT ACTIVITIES ARE MADE AVAILABLE. THE PROGRAM ALSO PROVIDES FORMS AND INFORMATION FOR FINANCIAL AID, ASSISTANCE COMPLETING THE FORMS, FINANCIAL AID WAIVERS AND SCHOLARSHIP INFORMATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aiyana Graham Junior Memberdirector | Trustee | 2 | $0 |
Nicholas Frankenberger Junior Memberdirector | Trustee | 2 | $0 |
Graham Scott Director | Trustee | 2 | $0 |
Tim Keen Director | Trustee | 2 | $0 |
Nithya Sharma Director | Trustee | 2 | $0 |
James Holloway Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $28,600 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $76,394 |
| All other contributions, gifts, grants, and similar amounts not included above | $75,100 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $180,094 |
| Total Program Service Revenue | $6,619 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $187,184 |
| 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. | $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 | $0 |
| Fees for services: Legal | $2,000 |
| 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 | $63 |
| Office expenses | $5,674 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,271 |
| Travel | $2,192 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $6,328 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,901 |
| Insurance | $0 |
| All other expenses | $3,571 |
| Total functional expenses | $195,809 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $54,740 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $200 |
| 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 | $77,545 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,800 |
| Total assets | $134,285 |
| Accounts payable and accrued expenses | $39,189 |
| 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 | $0 |
| Other liabilities | $34,000 |
| Total liabilities | $73,189 |
| Net assets without donor restrictions | $51,196 |
| Net assets with donor restrictions | $9,900 |
| 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 | $134,285 |