Public Charity

IFB Solutions Foundation Inc

IFB Solutions Foundation Inc, of WinstonSalem, NC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $8K in revenue, $73K in expenses. 6 publicly reported grants to this organization, totaling roughly $53K, appear in IRS filings.

EIN: 263376328 WinstonSalem, NC Latest filing: 2024
Total Revenue$8K
Total Expenses$73K
Grant Records6
Funding Total$53K
Filing Years2020–2024

Mission

TO OPERATE EXCLUSIVELY FOR CHARITABLE PURPOSES FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, AND TO CARRY OUT THE PURPOSES OF WINSTON-SALEM INDUSTRIES FOR THE BLIND, INC., A 501(C)(3) ORGANIZATION.

Where $100 goes at IFB Solutions Foundation Inc

How IFB Solutions Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$64 Programs the work itself
$36 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 $64 for programs

$64
Operating exclusively for charitable purposes for the benefit of, performing the functions of or carrying out the purposes of winston-salem industries for the blind, inc
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.

Sample Grants Received

2022
For grant recipient's exempt purposes
$11,000
2021
For grant recipient's exempt purposes
$10,250
2021
For grant recipient's exempt purposes
$10,250

Showing up to 5 of 6 total records — full history available with membership.

Officers & Directors

CEO/President Daniel Kelly
CFO, Treasurer Jason Moser
Director Jeff Clark
Chair John Googe
Vice Chair John Rowland
Secretary Mark Doughton

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$31,500 3 grants
Public Safety & Disaster Relief
$10,000 1 grant
Unspecified
$11,938 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $8K $73K —
2023 $125K $127K $161K
2022 $50K $88K $10.0M
2021 $293K $87K $10.1M
2020 $277K $1.1M $10.1M

Between 2020 and 2024, reported annual revenue declined from $277K to $8K (-97%).

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

See the full picture for IFB Solutions Foundation Inc

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