The Ilovik Foundation Fund Inc

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

EIN: 844732694 ✦ Northport, NY ✦ Designated as a 501(c)(3)

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Overview

What is The Ilovik Foundation Fund Inc?

The Ilovik Foundation Fund Inc, situated in Northport, New York, is a charitable organization with a noteworthy mission. They primarily collect donations that are then allocated towards a school in Ilovik, Croatia. The funds are utilized to procure essential educational equipment for the classrooms and to ensure the building's upkeep. The primary objective of these efforts is to enhance the educational experiences of children in Ilovik. By supporting this school, the Ilovik Foundation Fund contributes to the development and learning opportunities of the young generation in Croatia.

Is The Ilovik Foundation Fund Inc legitimate?

The Ilovik Foundation Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Ilovik Foundation Fund Inc 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.


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

What is the mission statement of The Ilovik Foundation Fund Inc?

The Ilovik Foundation Fund Inc's mission revolves around raising funds for a school in Ilovik, Croatia. The primary goal is to enhance the educational experience of children by utilizing the collected funds to procure necessary classroom equipment and ensure the school's upkeep. The foundation's activities are centered around improving the educational environment and opportunities for children, contributing to their overall development.

What is the revenue of The Ilovik Foundation Fund Inc?

The Ilovik Foundation Fund Inc's revenue in 2024 was $40,000.

Who are the executives of The Ilovik Foundation Fund Inc and what are their salaries?

Here are 3 key members and their salaries:


Peter Budinich (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Franko Neretich (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eduard Simicic (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for The Ilovik Foundation Fund Inc?

The Ilovik Foundation Fund Inc's most recent form 990EZ was submitted in 2024 and can be accessed here.

Mission Statement of The Ilovik Foundation Fund Inc

The Ilovik Foundation Fund, a nonprofit organization, is dedicated to enhancing the educational opportunities of children in Ilovik, Croatia. Through its mission, it solicits donations and employs the funds to procure necessary classroom equipment and ensure the upkeep of the school building. The primary objective of this foundation is to elevate the quality of education for the young learners in Ilovik.

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Impact




August, 2024

The Ilovik Foundation Fund Inc impacts the education of children in Ilovik, Croatia by receiving donations for a school in the region. Its programs focus on improving education by purchasing classroom equipment and maintaining the building. The foundation's work directly contributes to enhancing the learning environment for students and supporting their educational development.




This information is meant to be a general summary of The Ilovik Foundation Fund 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
$40,000 (2024)
Expenses
$24,081 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Program Service Revenue: $40,000
  • Gross Receipts: $40,000

Assets and Liabilities:

  • Total Assets: $35,970
  • Total Liabilities: $0
  • Net Assets: $35,970

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Organization Details

Principal Officer

Peter Budinich

NTEE Category

Code: B12 - Education

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