Philanthropymiami Inc
- Assets
- $169.4k
- Revenue
- $390.2k
- Investments
- $0.0
- Employees
- 1
- Location
- Miami, FL
- Founding
- 02/2020
- Data as of
- 06/2024
- EIN
- 84-1786529
Organization Overview
Philanthropymiami Inc is located in Miami, FL. The organization was established in 2020. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Philanthropymiami 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 06/2024, Philanthropymiami Inc generated $390.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 19.7% each year . All expenses for the organization totaled $400.3k during the year ending 06/2024. While expenses have increased by 17.6% per year over the past 5 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
BUILDING A THRIVING COMMUNITY OF PROFESSIONALS, VOLUNTEERS AND ORGANIZATIONS WORKING TOWARD A GREATER MIAMI, BY INCREASING THE ABILITY OF ORGANIZATIONS AND INDIVIDUALS TO DRIVE SOCIAL CHANGE BY ELEVATING EDUCATION AND NETWORKING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONOR NEXT DOOR: PROGRAM NETWORKING EVENT THAT RECOGNIZES THOSE WHO HAVE BEEN GENEROUS WITH THEIR TIME, TALENTS OR CHARITABLE GIFTS.
OTHER PROGRAMS: WERE DEVELOPING NEW FORMATS FOR LEARNING AND COLLABORATION, AND CORRALLING RESOURCES OUR NONPROFITS NEED.
IGNITE: THE LARGEST GATHERING OF THE NONPROFIT COMMUNITY IN SOUTH FLORIDA, DRAWING A DIVERSE CROSS SECTION OF LEADERS, STAFF, AND VOLUNTEERS REPRESENTING HUNDREDS OF ORGANIZATIONS AND COMPANIES.
DEEP DIVE: A SPECIAL LEARNING EXPERIENCE FOR SOCIAL SECTOR CEOS, WHERE THEY CAN ELEVATE THEIR THINKING ON LEADERSHIP AND STRATEGY AND LEARN FROM OTHER SUCCESSFUL LEADERS IN A COLLABORATIVE PEER ENVIRONMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fernanda Jorgenson Executive Director | Officer | 40 | $63,510 |
Kerry-Ann Royes Board Member | Trustee | 2 | $0 |
Angelica Santibanez Board Member | Trustee | 2 | $0 |
Nikki Packer Board Member | Trustee | 2 | $0 |
Suzanne Jewell Board Member | Trustee | 2 | $0 |
Ana C Martinez Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $102,250 |
| All other contributions, gifts, grants, and similar amounts not included above | $178,618 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $280,868 |
| Total Program Service Revenue | $108,721 |
| Investment income | $607 |
| 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 | $390,196 |
| 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. | $131,009 |
| Compensation of current officers, directors, key employees. | $131,009 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $14,712 |
| Payroll taxes | $10,022 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $125 |
| Fees for services: Accounting | $34,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $70,029 |
| Advertising and promotion | $35,214 |
| Office expenses | $18,978 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $678 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $82,479 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,493 |
| All other expenses | $0 |
| Total functional expenses | $400,273 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $92,466 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $76,960 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $169,426 |
| Accounts payable and accrued expenses | $9,040 |
| 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 | $9,040 |
| Net assets without donor restrictions | $54,740 |
| Net assets with donor restrictions | $105,646 |
| 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 | $169,426 |