Ife Ile Inc
- Assets
- $13.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Miami, FL
- Founding
- 10/1998
- Data as of
- 12/2023
- EIN
- 65-0757333
Organization Overview
Ife Ile Inc is located in Miami, FL. The organization was established in 1998. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ife Ile 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, Ife Ile Inc generated $13.8k 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 (10.5%) each year. All expenses for the organization totaled $13.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (9.0%) 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
DANCE FESTIVAL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Neri Torres President | 20 | $2,875 | |
Gilbert K Squires Director | 20 | $0 | |
Kameelah Benjamin Fuller Director | 20 | $0 | |
Aileen Ochoa Director | 20 | $0 | |
Claudina Torres Vice President | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,835 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $13,835 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $9,330 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $10 |
| Other expenses | $4,474 |
| Total expenses | $13,814 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $13,921 |
| Other assets | $0 |
| Total assets | $13,921 |
| Total liabilities | $6,200 |
| Net assets or fund balances | $7,721 |