Isola Charities is located in Mercer Island, WA. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, 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. Isola Charities 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, Isola Charities generated $100.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (25.5%) each year. All expenses for the organization totaled $98.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (25.7%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2022, Isola Charities has awarded 26 individual grants totaling $274,329. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
DIRECT GIVING TO NORTHWEST CHILDREN'S FOUNDATION INVESTING IN RESOURCES TO HELP HEAL CHILDREN FROM ABUSE AND PROVIDE OUTREACH TO ABUSED CHILDREN AND FAMILIES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey J Lepage President | 1 | $0 | |
Matthew J Lepage Director | 1 | $0 | |
Stephen L Day Director | 1 | $0 | |
Emmet Salazar Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100,000 |
| 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 | $100,000 |
| 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 | $2,532 |
| Total operating and administrative expenses | $2,532 |
| Contributions, gifts, grants paid | $96,229 |
| Total expenses and disbursements | $98,761 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,174 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,174 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
Over the last fiscal year, Isola Charities has awarded $96,229 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
CHILD CRISIS ARIZONA PURPOSE: FOR CHILD ADVOCACY | $500 |
CROHN'S & COLITIS FOUNDATION PURPOSE: FOR CROHN'S DISEASE AND ULCERATIVE COLITIS RESEARCH | $5,000 |
NORTHWEST CHILDRENS FOUNDATION PURPOSE: FOR CHILDREN ADVOCACY SERVICES | $67,729 |
FRED HUTCHINSON PURPOSE: FOR CANCER RESEARCH | $3,500 |
SNOQUALMIE VALLEY SCHOOL DISTRICT PURPOSE: TO EDUCATE AND PREPARE STUDENTS FOR COLLEGE, CAREER AND CITIZENSHIP. | $2,500 |
DOCTORS WITHOUT BORDERS PURPOSE: FOR LIFESAVING MEDICAL CARE TO PEOPLE IN CRISIS. | $5,000 |