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Formula Smiles Inc

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

EIN: 830370463 ✦ Doral, FL ✦ Designated as a 501(c)(3)

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Overview

What is Formula Smiles Inc?

Formula Smiles Inc is a nonprofit organization situated in Doral, Florida, with the postal address 3785 NW 82 AVE STE 107. Their mission is to uplift the lives and surroundings of children in Colombia who are in dire need, by implementing programs that instill values through sports and recreation. This initiative aims to give these children a reason to smile. The organization's activities and mission focus on improving the quality of life for these children by installing virtues through enjoyable and engaging activities.


Official website here: www.formulasmiles.com

Is Formula Smiles Inc legitimate?

Formula Smiles Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Formula Smiles Inc submitted a form 990, 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.formulasmiles.com

What is the mission statement of Formula Smiles Inc?

Formula Smiles Inc's mission is to enhance the lives and surroundings of children in Colombia who have the most critical needs. They achieve this by implementing programs that instill values through sports and recreation. The primary goal is to provide these children with a reason to smile. By doing so, the organization aims to improve their overall quality of life. The programs focus on instilling values such as teamwork, discipline, and resilience, which are essential life skills. These initiatives help these children to overcome their challenges and lead fulfilling lives.


Official website here: www.formulasmiles.com

What is the revenue of Formula Smiles Inc?

Formula Smiles Inc's revenue in 2022 was $0.


Official website here: www.formulasmiles.com

Who are the executives of Formula Smiles Inc and what are their salaries?

Here are 3 key members and their salaries:


Connie Freydell (Director/President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Albert Naon Jr (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pablo F Montoya (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.formulasmiles.com

Where can I find the form 990 for Formula Smiles Inc?

Formula Smiles Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.formulasmiles.com

Learn more at the official website: www.formulasmiles.com

Mission Statement of Formula Smiles Inc

Formula Smiles Inc, a nonprofit organization, is dedicated to enhancing the lives of children with critical needs in Colombia. Their mission is to achieve this by implementing programs that instill valuable life lessons through sports and recreation. The aim is to provide these children with a reason to smile, offering them an opportunity to develop both physically and emotionally. By focusing on sports and recreation, Formula Smiles Inc seeks to instill positive values and create a sense of joy and fulfillment in the lives of these children.

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Impact




October, 2024

Formula Smiles Inc significantly enhances the lives of children facing critical needs in Colombia by focusing on values-based sports and recreational programs. By fostering physical activity and teamwork, the organization not only promotes health and well-being but also instills essential life skills and values in these children. The impact of their work goes beyond just fitness; it provides a vital sense of community and belonging, giving children a reason to smile amidst challenging circumstances. Through these initiatives, Formula Smiles Inc empowers youth, helping to build resilience and hope for a brighter future.




This information is meant to be a general summary of Formula Smiles Inc. 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
$0 (2022)
Expenses
$259 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

    Assets and Liabilities:

    • Total Assets: $79,653
    • Total Liabilities: $74,319
    • Net Assets: $5,334

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    Organization Details

    Founding Year

    2003

    Principal Officer

    Albert Naon Jr

    NTEE Category

    Code: Q33 - International

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