Edificasion
- Assets
- $281.1k
- Revenue
- $146.1k
- Investments
- $0.0
- Employees
- 1
- Location
- Parker, CO
- Founding
- 01/2017
- Data as of
- 12/2021
- EIN
- 81-3493611
Organization Overview
Edificasion is located in Parker, CO. The organization was established in 2017. According to its NTEE Classification (Q33) the organization is classified as: International Relief, 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. Edificasion 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 12/2021, Edificasion generated $146.1k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 34.7% each year . All expenses for the organization totaled $103.6k during the year ending 12/2021. While expenses have increased by 41.2% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WE RUN A SAFE HOME FOR CHILDREN FROM AT RISK FAMILIES IN NICARAGUA
Describe the Organization's Program Activity:
Part 3 - Line 4a
SALARIES PAID TO NICARAGUAN WORKERS ARE ESSENTIAL TO PROVIDE 24 HOUR CARE AND SAFETY TO THE CHILDREN IN THE SAFE HOME. WE EMPLOYED EIGHT NICARAGUANS WHO SERVE AS HOUSE MOMS, GUARDS AND TUTORS. WE ALSO EMPLOYED ONE AMERICAN WHO SERVES AS THE DIRECTOR.
RENT, UTILITIES AND MAINTENANCE FOR THE CHILDRENS HOME PROVIDE A SAFE ENVIRONMENT AND HOME ATMOSPHERE IN WHICH THE CHILDREN GROW AND DEVELOP IN THE KNOWLEDGE AND UNDERSTANDING OF THEIR TRUE INDENTITY AS GODS BELOVED SONS AND DAUGHTERS, KNOWING THEIR PLACE IN HIS FAMILY. AND AS AN ACCOMPLISHMENT, THEY ALL KNOW THIS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Bain Executive Director | OfficerTrustee | 40 | $38,982 |
Julie Valenziano Secretary | Trustee | 2 | $0 |
Joseph Sorenson Director | Trustee | 2 | $0 |
Devin Reilly Treasurer | Trustee | 2 | $0 |
David Valenziano President | Trustee | 2 | $0 |
Laura Karlis Vice President | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $146,064 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $146,064 |
| Total Program Service Revenue | $0 |
| 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 | $146,064 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,918 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $38,982 |
| 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 | $5,964 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $3,419 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $961 |
| Insurance | $0 |
| All other expenses | $43,564 |
| Total functional expenses | $103,555 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,504 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $246,572 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $281,076 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $23,992 |
| Paid-in or capital surplus, or land, building, or equipment fund | $257,084 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $281,076 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Edificasion has recieved totaling $35,200.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $35,200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Orphan Grain Train Inc Norfolk, NE | $23,468,365 | $39,686,320 |
Srd Foundation Overland Park, KS | $2,172,810 | $21,260,144 |
Bethesda Ministries Colorado Springs, CO | $4,747,799 | $19,748,922 |
Mercy Without Limits Inc Overland Park, KS | $12,804,274 | $19,965,180 |
Humanitarian Experience Inc Salt Lake City, UT | $1,258,081 | $14,822,616 |
Lifting Hands International Salt Lake City, UT | $502,685 | $8,241,355 |
Childrens Hopechest Inc Palmer Lake, CO | $1,198,325 | $5,781,383 |
Opportunity Education Foundation Aurora, CO | $3,852,642 | $9,119,900 |
Educate Denver, CO | $12,591,345 | $6,072,389 |
Free The Oppressed Colorado Springs, CO | $6,590,953 | $9,061,725 |
Love Justice International Lincoln, NE | $1,486,894 | $4,623,371 |
Love In Action Colorado Springs, CO | $123,482,303 | $32,008,733 |