Public Charity

INDEPENDENCE FOUNDATION INC

INDEPENDENCE FOUNDATION INC is a Public Charity headquartered in RAVENNA, OH. Financial data from the 2024 filing: $20K revenue, $13K expenses, $3.7M total assets.

EIN: 200391050 RAVENNA, OH Fund Raising & Fund Distribution NTEE: P12 Latest filing: 2024
Total Revenue$20K
Total Expenses$13K
Total Assets$3.7M
Grant Records0
Filing Years2020–2024

Mission

TO ASSIST IN MEETING THE UNFUNDED NEEDS OF INDEPENDENCE OF PORTAGE COUNTY, INC, PATHS TO INDEPENDENCE INC, AND THE INDIVIDUALS THEY SERVE WITH INTELLECTUAL DISABILITIES.

Where $100 goes at Independence Foundation Inc

How Independence Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$4 Programs the work itself
$96 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $4 for programs

$4
Provided client assistance, by providing clothing and other personal needs
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TRUSTEE Bradford Crislip
PATHS PRESIDENT Denise Smith
IOPCI PRESIDENT Donna Kovolyan
TRUSTEE Eric Schlaubagh
TRUSTEE Gregory Johnson
TRUSTEE Kelly Clary

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $20K $13K $3.7M
2023 $73 $2K $3.4M
2022 $166K $31K $3.0M
2021 $137K $28K $3.6M
2020 $83K $25K $2.8M

Between 2020 and 2024, reported annual revenue declined from $83K to $20K (-76%), with total assets most recently reported at $3.7M.

Interactive year-over-year charts and full filing details available with membership.

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