Nonprofit · EIN 59-3118402
EDUCATION FOUNDATION OF INDIAN RIVER COUNTY INC
Tax-exempt · VERO BEACH, FL 32961
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2023 | 990 | $438,310 | $699,070 | -$260,760 | $358,576 | $73,604 | $284,972 |
Financial details: 990 for the year ended June 30, 2023
Revenue
- Contributions, gifts and grants
- $432,660
- of which government grants
- $136,182
- Program service revenue
- $0
- Investment income
- $2,259
- Net gain from sales of assets
- $260
- Net income from fundraising events
- $3,391
- Other revenue
- $3,391
Expenses
- Grants and similar amounts paid
- $342,295
- Compensation of officers, directors and key employees
- $146,914
- Other salaries and wages
- $37,070
- Salaries, compensation and benefits (total)
- $197,895
- Professional fundraising fees
- $0
- Accounting fees
- $28,150
- Occupancy
- $12,802
- Travel
- $8,721
- Depreciation
- $782
- Program services (functional)
- $581,937
- Management and general (functional)
- $103,541
- Fundraising (functional)
- $13,592
Balance sheet and other
- Total assets, start of year
- $790,776
- Total assets, end of year
- $358,576
- Total liabilities, end of year
- $73,604
- Net assets, end of year
- $284,972
- Land, buildings and equipment
- $1,873
- Net assets without donor restrictions
- $123,128
- Net assets with donor restrictions
- $161,844
- Gross receipts
- $441,805
- Employees
- 4
- Volunteers
- 10
- Year formed
- 1991
- State of legal domicile
- FL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2023, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DOUGLAS HERRON | EXECUTIVE DIRECTOR Officer | 40 | $81,462 |
| HEIDI LEONE | EXECUTIVE DIRECTOR Officer | 40 | $48,125 |
| LAICA GERWIEN-MORETA | PRESIDENT AND CHAIR Trustee or director, Officer | 5 | $0 |
| CHRIS BIEBER | TREASURER Trustee or director, Officer | 1 | $0 |
| LOGAN GEESLIN | SECRETARY Trustee or director, Officer | 1 | $0 |
| JIM ELFORD | DIRECTOR Trustee or director, Officer | 1 | $0 |
| CINDY EMERSON | DIRECTOR Trustee or director | 1 | $0 |
| KENNY HOLMES | DIRECTOR Trustee or director | 1 | $0 |
| HELEN MILLMAN | DIRECTOR Trustee or director | 1 | $0 |
| LEE MOORE | DIRECTOR Trustee or director | 1 | $0 |
| ERIC SEYMOUR | DIRECTOR Trustee or director | 1 | $0 |
| KHAHILIA SHAW | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 7046, VERO BEACH, FL 32961-7046
- Principal officer (990 for 2022)
- LAICA GERWIEN-MORETA, PO BOX 7046, VERO BEACH, FL 329617046
- Signed the 990
- LAICA GERWIEN-MORETA, PRESIDENT
- Phone
- (772) 564-0034
- Website
- WWW.EDFOUNDATIONIRC.ORG
- Return prepared by
- JACOBY AND HANDLEY PLLC
Mission
TO SUPPLEMENT EDUCATIONAL PROGRAMS IN INDIAN RIVER COUNTY.
Program accomplishments
- SCIENCE FAIR - THE INDIAN RIVER REGIONAL SCIENCE & ENGINEERING FAIR INVOLVES APPROXIMATELY 200 LOCAL VOLUNTEERS, PROFESSIONALS, AND RESEARCH SCIENTISTS WHO MENTOR STUDENTS AND REVIEW SCIENCE PROJECTS. CHILDREN FROM PUBLIC AND PRIVATE SCHOOLS PARTICIPATE IN SCIENTIFIC RESEARCH AND DISCOVERY THAT REINFORCES MATH, READING, AND WRITING SKILLS.TYPICALLY, MORE THAN 10,000 STUDENTS IN THE SCHOOL DISTRICT PARTICIPATE IN SCHOOL BASED FAIRS.Expenses $59,359 · grants $8,577
- HIGH-IMPACT INNOVATION GRANTS - EACH YEAR WE PROVIDE THE OPPORTUNITY FOR TEACHERS TO APPLY FOR FUNDING TO HELP THEM INITIATE INNOVATIVE PROGRAMS FOR STUDENTS IN THE FOLLOWING AREAS: SCHOOL CULTURE, SCIENCE, MATH, AND READING. WE PROVIDE THE ENTREPRENEURIAL OPPORTUNITY FOR SCHOOL TEAMS TO PILOT AN INNOVATIVE CONCEPT THAT ADVANCES STUDENT ACHIEVEMENT.Expenses $204,007 · grants $146,248
- STEP INTO KINDERGARTEN - THIS PROGRAM WAS CREATED WITH THE GOAL TO INCREASE THE KINDERGARTEN READINESS OF THE 4 YEAR OLD STUDENTS. THIS WILL DECREASE THE POTENTIAL FOR SUMMER SLIDE BY EXTENDING THE SCHOOL YEAR FOR CHILDREN WHO HAVE PARTICIPATED DURING THE SCHOOL YEAR IN THE VOLUNTARY PRE-KINDERGARTEN (VPK) PROGRAM. TOTAL STUDENTS SERVED - 227Expenses $204,948 · grants $160,824
- TEACHER RECOGNITION AND DEVELOPMENT - THIS PROGRAM PROVIDES DEVELOPMENT SUPPORT FOR TEACHERS IN INDIAN RIVER COUNTY.Expenses $17,004 · grants $7,481
- SNEAKER EXCHANGE, SCHOOL SUPPLY AND OTHER - THIS PROGRAM PROVIDES SHOES, SUPPLIES, AND VISION SCREENING FOR CHILDREN IN NEED.Expenses $45,030 · grants $4,665
- COMMUNITY COMPLEX SUPPORT - THIS PROGRAM SUPPORTED THE KICK-OFF OF COMMUNITY AWARENESS OF THE VERO BEACH COMMUNITY COMPLEX IN PARTNERSHIP WITH THE SCHOOL DISTRICT OF INDIAN RIVER COUNTY.Expenses $51,589 · grants $14,500
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | Not on file |
| 2023 | June 30, 2024 | November 15, 2024 | Not on file |
IRS record
- EIN
- 59-3118402
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1992
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B20Z)
- Assets (IRS master file)
- $358,576
- Income (IRS master file)
- $441,805
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2023 | $438,310 | $699,070 | $358,576 | XML |
| 990 | June 2022 | $366,308 | $494,097 | $790,776 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 59-3118402).
Questions about EDUCATION FOUNDATION OF INDIAN RIVER COUNTY INC
- What is the EIN of EDUCATION FOUNDATION OF INDIAN RIVER COUNTY INC?
- The employer identification number (EIN) of EDUCATION FOUNDATION OF INDIAN RIVER COUNTY INC is 59-3118402.
- Is EDUCATION FOUNDATION OF INDIAN RIVER COUNTY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
- Are donations to EDUCATION FOUNDATION OF INDIAN RIVER COUNTY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does EDUCATION FOUNDATION OF INDIAN RIVER COUNTY INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of EDUCATION FOUNDATION OF INDIAN RIVER COUNTY INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did EDUCATION FOUNDATION OF INDIAN RIVER COUNTY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2023.
- Who is the principal officer of EDUCATION FOUNDATION OF INDIAN RIVER COUNTY INC?
- The 990 for the year ended June 30, 2023 names LAICA GERWIEN-MORETA.
- Who are the officers and directors of EDUCATION FOUNDATION OF INDIAN RIVER COUNTY INC?
- The 990 for the year ended June 30, 2023 lists 12 people; 2 received compensation from the organization, the highest $81,462 (DOUGLAS HERRON, EXECUTIVE DIRECTOR).
- How much revenue does EDUCATION FOUNDATION OF INDIAN RIVER COUNTY INC have?
- On its 990 for the year ended June 30, 2023 it reported revenue of $438,310, expenses of $699,070 and total assets of $358,576 at year end.
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