LIBERTORE FUND FOR CHILDREN INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
LIBERTORE FUND FOR CHILDREN INC (EIN 46-5207111)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-07-23
IRS object ID
202532049349300408
Schema version
2024v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-07-23T08:52:07-04:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN208787232PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CPS GROUP CPAS PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1205 E ORANGE STREET 310AddressLine1Txt
CityLAKELANDCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33801ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN465207111EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE LIBERTORE FUND FOR CHILDREN INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlLIBEBusinessNameControlTxt
Phone8443294434PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 5415AddressLine1Txt
CityLAKELANDCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33807ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDOUGLAS S LIBERTOREPersonNm
Person TitleCHAIRMANPersonTitleTxt
Phone8443294434PhoneNum
Signature2025-07-17SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLEVI P GRUVERPreparerPersonNm
PTINP01607934PTIN
Phone8636881725PhoneNum
Preparation2025-07-17PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDOUGLAS S LIBERTOREPrincipalOfficerNm
Gross Receipts$374,594GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.LIBFUND.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2015FormationYr
Legal Domicile StateFLLegalDomicileStateCd
Activity Or MissionTHE FUNDING OF TAX EXEMPT ORGANIZATIONS ENGAGED IN SERVICES FOR AT-RISK CHILDREN AND FAMILIES.ActivityOrMissionDesc
Voting Members Governing Body4VotingMembersGoverningBodyCnt
Voting Members Independent2VotingMembersIndependentCnt
Total Employee1TotalEmployeeCnt
Total Volunteers4TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$382,618PYContributionsGrantsAmt
CY Contributions Grants$366,594CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$12PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$17,438PYOtherRevenueAmt
CY Other Revenue-$8,343CYOtherRevenueAmt
PY Total Revenue$400,068PYTotalRevenueAmt
CY Total Revenue$358,251CYTotalRevenueAmt
PY Grants And Similar Paid$320,570PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$216,618CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$76,438PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$76,431CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$26,501CYTotalFundraisingExpenseAmt
PY Other Expenses$20,419PYOtherExpensesAmt
CY Other Expenses$25,573CYOtherExpensesAmt
PY Total Expenses$417,427PYTotalExpensesAmt
CY Total Expenses$318,622CYTotalExpensesAmt
PY Revenues Less Expenses-$17,359PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$39,629CYRevenuesLessExpensesAmt
Total Assets BOY$68,355TotalAssetsBOYAmt
Total Assets EOY$107,984TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$68,355NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$107,984NetAssetsOrFundBalancesEOYAmt
MissionTHE FUNDING OF TAX EXEMPT ORGANIZATIONS ENGAGED IN SERVICES FOR AT-RISK CHILDREN AND FAMILIES.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$242,095ExpenseAmt
Grant$216,618GrantAmt
DescSUPPORTED 78 INDIVIDUALS AND 8 NON-PROFIT AGENCIES THROUGH GRANTS, SPONSORSHIPS, AND SCHOLARSHIPS.Desc
Total Program Service Expenses$242,095TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee1EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members4GoverningBodyVotingMembersCnt
Independent Voting Member2IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnfalseAnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcfalseRegularMonitoringEnfrcInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonLANA SWARTZWELDERPersonNm
Phone8633294434PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1640 S WASHINGTON DRAddressLine1Txt
CitySARASOTACityNm
State AbbreviationFLStateAbbreviationCd
ZIP34236ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (4 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
DOUGLAS S LIBERTORE
CHAIRMAN2.00Yes (X)Yes (X)$0$0$0
D SCOTT LIBERTORE
PRESIDENT2.00Yes (X)Yes (X)$0$0$0
TIMOTHY J DEBRUYNE
TREASURER2.00Yes (X)Yes (X)$0$0$0
SUSAN BENTON
SECRETARY2.00Yes (X)Yes (X)$0$0$0
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Fundraising$47,024FundraisingAmt
All Other Contributions$319,570AllOtherContributionsAmt
Noncash Contributions$3,305NoncashContributionsAmt
Total Contributions$366,594TotalContributionsAmt
Fundraising Gross Income$8,000FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$47,024ContriRptFundraisingEventAmt
Fundraising Direct Expenses$16,343FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$8,343TotalRevenueColumnAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$358,251TotalRevenueColumnAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$105,133TotalAmt
Program Services$105,133ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$111,485TotalAmt
Program Services$111,485ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$71,000TotalAmt
Program Services$23,667ProgramServicesAmt
Management And General$23,666ManagementAndGeneralAmt
Fundraising$23,667FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$5,431TotalAmt
Program Services$1,810ProgramServicesAmt
Management And General$1,811ManagementAndGeneralAmt
Fundraising$1,810FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$1,300TotalAmt
Management And General$1,300ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$127TotalAmt
Management And General$127ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,991TotalAmt
Management And General$1,991ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$15,654TotalAmt
Management And General$15,654ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$887TotalAmt
Management And General$887ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescDUES AND FEESDesc
Total$5,614TotalAmt
Management And General$4,590ManagementAndGeneralAmt
Fundraising$1,024FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$318,622TotalAmt
Program Services$242,095ProgramServicesAmt
Management And General$50,026ManagementAndGeneralAmt
Fundraising$26,501FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$15,803BOYAmt
EOY$72,984EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$27,552BOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
EOY$10,000EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$25,000BOYAmt
EOY$25,000EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$68,355BOYAmt
EOY$107,984EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$68,355BOYAmt
EOY$104,984EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
EOY$3,000EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$68,355BOYAmt
EOY$107,984EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$68,355BOYAmt
EOY$107,984EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$39,629ReconcilationRevenueExpnssAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$361,185CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$431,962CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$408,970CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$382,618CurrentTaxYearMinus1YearAmt
Current Tax Year$366,594CurrentTaxYearAmt
Total$1,951,329TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$361,185CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$431,962CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$408,970CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$382,618CurrentTaxYearMinus1YearAmt
Current Tax Year$366,594CurrentTaxYearAmt
Total$1,951,329TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$870,920SubstantialContributorsTotAmt
Public Support Total170$1,080,409PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$71CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$12CurrentTaxYearMinus1YearAmt
Total$83TotalAmt
FieldValueIRS element (for citing)
Total Support$1,951,412TotalSupportAmt
Gross Receipts Rltd Activities$8,000GrossReceiptsRltdActivitiesAmt
Public Support CY1700.55370PublicSupportCY170Pct
Public Support PY1700.74320PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1SUPER STAR PARTEvent1Nm
Gross Receipts Event1$55,024GrossReceiptsEvent1Amt
Charitable Contri Event1$47,024CharitableContriEvent1Amt
Gross Revenue Event1$8,000GrossRevenueEvent1Amt
Cash Prizes Event1$200CashPrizesEvent1Amt
Non Cash Prizes Event1$4,855NonCashPrizesEvent1Amt
Rent Facility Costs Event1$300RentFacilityCostsEvent1Amt
Food And Beverage Event1$6,998FoodAndBeverageEvent1Amt
Entertainment Event1$1,000EntertainmentEvent1Amt
Other Direct Expenses Event1$2,990OtherDirectExpensesEvent1Amt
Gross Receipts Total$55,024GrossReceiptsTotalAmt
Charitable Contributions Tot$47,024CharitableContributionsTotAmt
Gross Revenue Total Events$8,000GrossRevenueTotalEventsAmt
Cash Prizes Total Events$200CashPrizesTotalEventsAmt
Non Cash Prizes Total Events$4,855NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$300RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$6,998FoodAndBeverageTotalEventsAmt
Entertainment Total Events$1,000EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$2,990OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$16,343DirectExpenseSummaryEventsAmt
Net Income Summary-$8,343NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable (6 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
A DOOR OF HOPE
8900 US HIGHWAY 19NPINELLAS PARKFL33782453993709501C3$10,000PLACEMENT SUPPORT
A SAFE HAVEN FOR NEWBORNS
6955 N W 77TH AVEMIAMIFL33166651075409501C3$10,000EVENT SPONSORSHIP
FORTY CARROTS
1500 S TUTTLE AVESARASOTAFL34239650405988501C3$15,000PARENTING CLASSES
HEART GALLERY OF SARASOTA
202 ISLAND CIRCLESARASOTAFL34242202737396501C3$20,000EXEC DIRECTOR SALARY
NEW LIFE VILLAGE
4926 VENICE LAKE AVENUETAMPAFL33619943454171501C3$15,000MUSIC PROGRAM
SARASOTA MEDICAL PREGNANCY CENTER
1762 HAWTHORNE ST SUITE 5SARASOTAFL34239050533818501C3$20,000EVENT SPONSORSHIP
FieldValueIRS element (for citing)
Total501c3 Org6Total501c3OrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeART & SPORTS SCHOLARSHIPSGrantTypeTxt
Recipient78RecipientCnt
Cash Grant$111,485CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE I, PAGE 1, PART I, LINE 2FormAndLineReferenceDesc
ExplanationTO APPLY FOR A SCHOLARSHIP, A PARENT OR GUARDIAN MUST COMPLETE THE APPLICATION AVAILABLE ON OUR WEBSITE. ALL REQUIRED DOCUMENTATION-SUCH AS FINANCIAL DETAILS, GPA, AND ESSAYS FROM BOTH THE PARENT/GUARDIAN AND THE CHILD-MUST BE SUBMITTED FOR THE APPLICATION TO BE REVIEWED. ONCE AN APPLICATION IS COMPLETE, IT UNDERGOES A THOROUGH REVIEW PROCESS. SCHOLARSHIPS ARE AWARDED BASED ON: -FINANCIAL NEED -ACADEMIC PERFORMANCE (GPA) -QUALITY AND CONTENT OF SUBMITTED ESSAYS THE MAXIMUM SCHOLARSHIP AMOUNT AWARDED IS 3,000 PER RECIPIENT. ELIGIBILITY VERIFICATION AND AWARD NOTIFICATION AFTER A CHILD QUALIFIES, WE CONTACT THE PROGRAM OR ORGANIZATION LISTED IN THE APPLICATION TO CONFIRM THE CHILD'S ELIGIBILITY TO PARTICIPATE. ONCE VERIFIED, FAMILIES RECEIVE AN AWARD LETTER DETAILING: -THE AMOUNT OF THE SCHOLARSHIP -APPROVED USES FOR THE FUNDS -WHAT IS REQUIRED OF THEM AFTER THE PROGRAM ENDS (E.G., SURVEYS, GRADE REPORTS, TESTIMONIALS) TO TRACK THE IMPACT HOW WE MANAGE AND TRACK SCHOLARSHIP FUNDS WE UTILIZE CHEK, A SECURE COMPLIANCE MANAGEMENT SYSTEM, TO DISTRIBUTE AND MONITOR SCHOLARSHIP FUNDS: -VIRTUAL DEBIT CARDS ARE ISSUED TO FAMILIES THROUGH CHEK FOR EXPENSES SUCH AS REGISTRATION FEES AND TRAVEL RELATED TO THE APPROVED PROGRAM. -WE MAINTAIN STRICT OVERSIGHT, APPROVING VENDORS AND ALLOWABLE TRAVEL EXPENSES IN ADVANCE. -SPENDING IS MONITORED IN REAL TIME. IF AN UNAPPROVED EXPENSE IS ATTEMPTED, THE CARD IS AUTOMATICALLY DECLINED. -IN CASES WHERE FEES ARE PAID DIRECTLY TO THE ORGANIZATION OR TEAM, FUNDS ARE TRANSFERRED DIRECTLY TO THE ORGANIZATION'S BANK ACCOUNT, EARMARKED WITH THE SCHOLARSHIP RECIPIENT'S NAME.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 6, PART VI, LINE 2DOUG LIBERTORE SCOTT LIBERTORE CHAIRMAN PRESIDENT FAMILY
FORM 990, PAGE 6, PART VI, LINE 11BTHE FORM 990 IS PROVIDED, REVIEWED AND APPROVED BY THE GOVERNING BODY BEFORE IT IS FILED.
FORM 990, PAGE 6, PART VI, LINE 19GOVERNING DOCUMENTS DISCLOSURE EXPLANATION AVAILABLE UPON REQUEST.

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