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Itma Educational Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 562004758 ✦ High point, NC ✦ Designated as a 501(c)(3)

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Overview

What is Itma Educational Foundation?

Itma Educational Foundation is a nonprofit organization that focuses on providing scholarships and educational opportunities. In the recent fiscal year, they awarded scholarships to thirteen students, supporting their studies at various universities and attending some special events. The foundation's mission is to encourage students to pursue careers in home furnishings and textile design by offering financial aid. This initiative aims to bolster the talent pool in these fields, ensuring a continued focus on innovation and creativity.


Official website here: www.internationaltextilealliance.org

Is Itma Educational Foundation legitimate?

Itma Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Itma Educational Foundation submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Official website here: www.internationaltextilealliance.org

What is the mission statement of Itma Educational Foundation?

The Itma Educational Foundation's mission is centered around providing scholarships and educational programs. Specifically, it aims to support students pursuing studies in home furnishings and textile design. By offering scholarships to these students, the foundation encourages individuals to enter these fields, contributing to their growth and development. Throughout the current fiscal year, the foundation has awarded scholarships to thirteen students, various universities, and hosted some special events.


Official website here: www.internationaltextilealliance.org

Who is the CEO of Itma Educational Foundation?

David Lappert is the President of Itma Educational Foundation.


Official website here: www.internationaltextilealliance.org

What is the revenue of Itma Educational Foundation?

Itma Educational Foundation's revenue in 2023 was $21,027.


Official website here: www.internationaltextilealliance.org

Who are the executives of Itma Educational Foundation and what are their salaries?


Here are 13 key members and their salaries:


Anderson Gibbons (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathryn Richardson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carmen Herndon Barbee (Industry Lia)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mendy Kearns (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elise Gabrielson (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Pacuk (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Shelton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Gittelson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carrie Dillon (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carla Bluitt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Lappert (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammy Buckner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Lovegrove (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.internationaltextilealliance.org

Where can I find the form 990EZ for Itma Educational Foundation?

Itma Educational Foundation's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.internationaltextilealliance.org

Learn more at the official website: www.internationaltextilealliance.org

Mission Statement of Itma Educational Foundation

Itma Educational Foundation is committed to furthering education in the fields of home furnishings and textile design. As part of its mission, the foundation provides scholarships to deserving students enrolled in relevant programs. During the current fiscal year, this generous organization has awarded scholarships to thirteen students studying in various universities and attended some special events. By offering these scholarships, Itma Educational Foundation aims to encourage more individuals to pursue careers in these fields. This initiative not only supports the educational growth of these students but also helps to enrich the industry with fresh perspectives and talents.

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Impact




August, 2024

Itma Educational Foundation's impact lies in providing scholarships and educational programs to students enrolled in home furnishings and textile design programs. During the current fiscal year, thirteen students, several universities, and special events received scholarships and awards from the foundation. This support encourages students to enter these fields of study, thereby contributing to the development and growth of the home furnishings and textile design industries.




This information is meant to be a general summary of Itma Educational Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$21,027 (2023)
Expenses
$37,555 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $15,402
  • Gross Receipts: $21,027

Assets and Liabilities:

  • Total Assets: $287,518
  • Total Liabilities: $0
  • Net Assets: $287,518

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Organization Details

Principal Officer

David Lappert

Main Address

305 WEST HIGH AVENUE, HIGH POINT, NC, 27260

NTEE Category

Code: B82 - Education

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