Odli Inc
- Assets
- $19.0
- Revenue
- $170.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Miami Shores, FL
- Founding
- 08/2002
- Data as of
- 12/2022
- EIN
- 65-0863841
Organization Overview
Odli Inc is located in Miami Shores, FL. The organization was established in 2002. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Odli 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, Odli Inc generated $170.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $243.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Odli Inc has awarded 73 individual grants totaling $698,143. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED INSTRUCTORS, FUNDS AND TEXTBOOKS/DIDACTIC EDUCATIONAL MATERIALS TO SEVERAL SCHOOLS FOR THE PROMOTION OF THE ITALIAN LANGUAGE AND CULTURE FOR FLORIDA STUDENTS K-12 GRADE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Luigi Bava President | 25 | $25,439 | |
Valerio Spinaci Director | 0 | $0 | |
Magda Novelli Pearson Executive Dir. | 40 | $38,500 | |
Italo Siervo Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $170,568 |
| 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 | $170,568 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $63,939 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $70 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,194 |
| Printing and publications | $0 |
| Other expenses | $60,437 |
| Total operating and administrative expenses | $127,845 |
| Contributions, gifts, grants paid | $115,943 |
| Total expenses and disbursements | $243,788 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $19 |
| 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, Odli Inc has awarded $115,943 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
OKALOOSA COUNTY SCHOOL PURPOSE: SUPPORT ITALIAN PROGRAM | $80,943 |
SCHOOL DISTRICT OF HILLSBOROUGH COU PURPOSE: SUPPORT ITALIAN PROGRAM | $35,000 |