Foundation X Inc is located in Winter Park, FL. The organization was established in 2019. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation X 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, Foundation X Inc generated $62.8k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $59.1k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDES FOOD, WATER, SHELTER AND EDUCATION FOR UNDERPRILDGED CHILDREN AND ORPHANS IN INDIA. THIS IS ACCOMPLISHED THROUGH A CLEAN WATER INITIATIVE AS WELL AS PROVIDING SAFE HOUSING AND EDUCATION.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Jorgensen Director | 1 | $0 | |
Frances Brown Director | 1 | $0 | |
Harry Arthur Vice President | 1 | $0 | |
Marissa Wittmer Treasurer | 2 | $0 | |
Nancy Celleri Secretary | 1 | $0 | |
Sylvette Wittmer Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $62,821 |
| 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 | $62,821 |
| 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 | $8,985 |
| Occupancy, rent, utilities, and maintenance | $5,510 |
| Printing, publications, postage, and shipping | $35 |
| Other expenses | $44,583 |
| Total expenses | $59,113 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,410 |
| Other assets | $0 |
| Total assets | $22,410 |
| Total liabilities | $0 |
| Net assets or fund balances | $22,410 |