Made For More Foundation
- Assets
- $101.4k
- Revenue
- $234.0k
- Investments
- $55.5k
- Employees
- 2
- Location
- Gainesville, FL
- Founding
- Data as of
- 12/2023
- EIN
- 85-3032251
Organization Overview
Made For More Foundation is located in Gainesville, FL. According to its NTEE Classification (O99) the organization is classified as: Youth Development N.E.C., under the broad grouping of Youth Development and related organizations. As of 12/2023, Made For More Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Made For More Foundation 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 12/2023, Made For More Foundation generated $234.0k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 45.1% each year . All expenses for the organization totaled $175.9k during the year ending 12/2023. While expenses have increased by 28.3% per year over the past 2 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO MENTOR AND INSPIRE STUDENT-ATHLETES THROUGH FAITH BASED TEACHINGS, WORKSHOPS, AND COMMUNITY INVOLVEMENT. WE SEE A WORLD WHERE STUDENT-ATHLETES KNOW THEIR WORTH, LIVE WITH PURPOSE, AND INVEST BACK INTO THEIR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHAPLAINCY/UF ATHLETIC OUTREACH: INSPIRED STUDENT ATHLETES THROUGH GOSPEL CENTERED DISCUSSION AND JESUS ORIENTED DISCIPLESHIP. SERVED ABOUT 150 STUDENT ATHLETES IN 2023.
MENTORSHIP ACADEMY: MENTORED AND INSPIRED 40 STUDENTS FROM 8TH TO 12TH GRADE TO DEVELOP CHARACTER, PASSIONS, GOALS, LIFE SKILLS, AND OVERALL WELL BEING.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joel Romelus President | Officer | 40 | $85,000 |
Latroy Strappy Director | Trustee | 5 | $0 |
Eddie Daniels Director | Trustee | 5 | $0 |
Dakeyan Graham Director | Trustee | 5 | $0 |
Ryan Beacher Director | Trustee | 5 | $0 |
Jorge Munoz Chairman Of Board | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $16,015 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $230,056 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $246,071 |
| Total Program Service Revenue | $0 |
| Investment income | $1,540 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$13,611 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $234,000 |
| 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. | $85,000 |
| Compensation of current officers, directors, key employees. | $35,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,214 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,672 |
| Fees for services: Management | $14,703 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,380 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,283 |
| Advertising and promotion | $2,241 |
| Office expenses | $6,896 |
| Information technology | $4,092 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $28,968 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,452 |
| Interest | $21 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $411 |
| Insurance | $1,667 |
| All other expenses | $0 |
| Total functional expenses | $175,862 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $44,454 |
| 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 | $1,440 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $55,531 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $101,425 |
| Accounts payable and accrued expenses | $4,336 |
| 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 | $5,691 |
| Total liabilities | $10,027 |
| Net assets without donor restrictions | $91,398 |
| Net assets with donor restrictions | $0 |
| 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 | $101,425 |