I Believe Foundation Inc is a 501(c)(3) organization based in Ft Lauderdale, Florida, registered in 2007, with $36,101 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$36K
▲ 259.9% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$26K
Net assets
$13K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for I Believe Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For I Believe Foundation Inc: 6 mo reserves · +28% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for I Believe Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For I Believe Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $39K (FY2013) to $36K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
27.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$13K
Total liabilities
$0
Net assets
$13K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $36,101▲260% | $26,131▲157% | $12,818▲350% | $12,818▲350% | 990PF |
| 2023 | $10,032▲47671% | $10,175▲103% | $2,848▼4.8% | $2,848▼4.8% | 990PF |
| 2022 | $21▲2000% | $5,000▲558% | $2,991▼62.5% | $2,991▼62.5% | 990PF |
| 2021 | $1 | $760▼74.9% | $7,970▼8.7% | $7,970▼8.7% | 990PF |
| 2020 | $0 | $3,023▼77.8% | $8,729▼25.7% | $8,729▼25.7% | 990PF |
| 2019 | $0▼100% | $13,598▲7.6% | $11,752▼53.6% | $11,752▼53.6% | 990PF |
| 2018 | $10,000▼34.3% | $12,643▲127% | $25,350▼9.4% | $25,350▼9.4% | 990PF |
| 2017 | $15,228▲304460% | $5,571▼69.0% | $27,993▲52.7% | $27,993▲52.7% | 990PF |
| 2016 | $5▼100.0% | $17,972▼0.4% | $18,336▼49.5% | $18,336▼49.5% | 990PF |
| 2015 | $39,395▲129% | $18,041▼32.6% | $36,303▲143% | $36,303▲143% | 990PF |
| 2014 | $17,212▼55.3% | $26,761▼28.6% | $14,949▼39.0% | $14,949▼39.0% | 990PF |
| 2013 | $38,544 | $37,462▼1.4% | $24,498▲4.6% | $24,498▲4.6% | 990PF |
| 2012 | — | $37,975▲85.2% | $23,416▲5.7% | $23,416▲5.7% | 990PF |
| 2011 | — | $20,500 | $22,148 | $22,148 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for I Believe Foundation Inc (EIN 20-8286582) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.