Kova Foundation Inc
- Assets
- $156.8k
- Revenue
- $11.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Naples, FL
- Founding
- 06/2019
- Data as of
- 12/2022
- EIN
- 84-1988449
Organization Overview
Kova Foundation Inc is located in Naples, FL. The organization was established in 2019. 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. Kova Foundation 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, Kova Foundation Inc generated $11.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (43.3%) each year. All expenses for the organization totaled $65.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Emma Chairwoman | 6 | $0 | |
Colby Emma Secretary | 6 | $0 | |
Matt Flores Director | 2 | $0 | |
Ben Buemi Treasurer | 2 | $0 | |
Kim Gaglia Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $11,600 |
| 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 | $11,600 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13,504 |
| Total operating and administrative expenses | $15,774 |
| Contributions, gifts, grants paid | $50,000 |
| Total expenses and disbursements | $65,774 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $115,005 |
| 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 | $41,844 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $156,849 |
| Accounts payable and accrued expenses | $25,672 |
| 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 | $109 |
| Total liabilities | $25,781 |
Grants Awarded
Over the last fiscal year, Kova Foundation Inc has awarded $50,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
HAZELDEN BETTY FORD FOUNDATION PURPOSE: TO FURTHER ORGANIZATION'S MISSION | $40,000 |
MS CENTER OF SWFL PURPOSE: TO FURTHER ORGANIZATION'S MISSION | $10,000 |