Nonprofit · EIN 27-4027791
CHARITABLE FOUNDATION OF THE ISLANDS INC
Tax-exempt · SANIBEL, FL 33957
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,293,026 | $1,057,937 | $235,089 | $7,803,144 | $6,319 | $7,796,825 |
| December 31, 2023 | 990 | $2,986,403 | $1,028,709 | $1,957,694 | $7,182,453 | $82 | $7,182,371 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $742,315
- Program service revenue
- $25,988
- Investment income
- $524,723
- Net gain from sales of assets
- $344,159
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $575,424
- Compensation of officers, directors and key employees
- $133,833
- Other salaries and wages
- $38,384
- Salaries, compensation and benefits (total)
- $189,228
- Professional fundraising fees
- $0
- Occupancy
- $9,000
- Travel
- $3,490
- Program services (functional)
- $815,158
- Management and general (functional)
- $217,204
- Fundraising (functional)
- $25,575
Balance sheet and other
- Total assets, start of year
- $7,182,453
- Total assets, end of year
- $7,803,144
- Total liabilities, end of year
- $6,319
- Net assets, end of year
- $7,796,825
- Publicly traded securities
- $7,006,977
- Net assets without donor restrictions
- $7,662,029
- Net assets with donor restrictions
- $134,796
- Gross receipts
- $1,293,026
- Employees
- 2
- Volunteers
- 20
- Year formed
- 2010
- State of legal domicile
- FL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DOROTHY FARRELL | EXECUTIVE DI Officer | 40 | $133,833 | $3,836 |
| MIKE BENNETT | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SUSAN BOREN | DIRECTOR Trustee or director | 4 | $0 | $0 |
| DOUG CONGRESS | TREASURER Trustee or director, Officer | 10 | $0 | $0 |
| CHAUNCEY GOSS | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| MELISSA HALLIBURTON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| AL HANSER | BOARD CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| TOM LIBONATE | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| JAN MAJESKI | DIRECTOR Trustee or director | 5 | $0 | $0 |
| JOHN MORSE | SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| JEFF MUDDELL | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| ERIC PFEIFER | DIRECTOR Trustee or director | 5 | $0 | $0 |
| RACHEL PIERCE | DIRECTOR Trustee or director | 5 | $0 | $0 |
| LISA RIORDAN | VICE CHAIR Trustee or director, Officer | 10 | $0 | $0 |
| BRIAN RIST | DIRECTOR Trustee or director | 2 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHIP ROACH | CHAIR Trustee or director, Officer | 10 | $0 |
| KEN WASHUTA | DIRECTOR Trustee or director | 10 | $0 |
| BOB WIESEMANN | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLES G ROACH | BOARD CHAIR Trustee or director, Officer | – | $0 |
| MELISSA CONGRESS | VICE-CHAIR Trustee or director, Officer | – | $0 |
| DOUG J CONGRESS | TREASURER Trustee or director, Officer | – | $0 |
| LISA RIORDAN | SECRETARY Trustee or director, Officer | – | $0 |
| MIKE BENNETT | DIRECTOR Trustee or director | – | $0 |
| SUSAN S BOREN | DIRECTOR Trustee or director | – | $0 |
| BOB WIESEMANN | DIRECTOR Trustee or director | – | $0 |
| RACHEL PIERCE | DIRECTOR Trustee or director | – | $0 |
| TONY LAPI | DIRECTOR Trustee or director | – | $0 |
| TOM LIBONATE | DIRECTOR Trustee or director | – | $0 |
| JOHN MORSE | DIRECTOR Trustee or director | – | $0 |
| JEFF MUDDELL | DIRECTOR Trustee or director | – | $0 |
| JANE MAJESKI | DIRECTOR Trustee or director | – | $0 |
| ERIC PFEIFER | DIRECTOR Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1429, SANIBEL, FL 33957-1429
- Principal officer (990 for 2024)
- LISA RIORDAN, PO BOX 1429, SANIBEL, FL 33957
- Signed the 990
- LISA RIORDAN, VICE CHAIR
- Phone
- (239) 322-3818
- Return prepared by
- STROEMER & COMPANY
Mission
AS A PUBLIC GRANTMAKING CHARITY SERVING THE ISLANDS OF SANIBEL AND CAPTIVA, OUR MISSION IS TO INSPIRE PHILANTHROPY, LEADERSHIP AND COLLABORATION FOR THE VITALITY OF THE ISLAND COMMUNNITY.
Program accomplishments
- IN THE PAST YEAR, THE CHARITABLE FOUNDATION OF THE ISLANDS (CFI) EXPANDED ITS IMPACT BY ADDRESSING URGENT POST-HURRICANE RECOVERY NEEDS WHILE CONTINUING TO STRENGTHEN CORE PROGRAMS IN PHILANTHROPY, NONPROFIT CAPACITY, AND COMMUNITY LEADERSHIP. A MAJOR HIGHLIGHT WAS THE LAUNCH OF AN ECONOMIC REVITALIZATION STRATEGY TO SUPPORT LOCAL BUSINESSES, INCLUDING A 100,000 GRANT TO THE SANCAP CHAMBER THAT CATALYZED 1.9 MILLION IN HOSPITALITY RELIEF FOR ISLAND BUSINESSES. CFI ALSO ESTABLISHED A BOARD-LED ECONOMIC REVITALIZATION COMMITTEE AND DEVELOPED THE ACCELERATE LOAN PROGRAM, BACKED BY 1.1 MILLION IN PRIVATE CAPITAL FROM CFI BOARD MEMBERS. SIMULTANEOUSLY, THE FOUNDATION DEEPENED ITS WORK IN NONPROFIT ENGAGEMENT-HOSTING MONTHLY COLLABORATION MEETINGS, GUIDING CAPITAL CAMPAIGNS, AND LAUNCHING A GRANT WRITING ACADEMY THAT SERVED OVER 30 STAFF FROM 13 ORGANIZATIONS. CFI'S LEADERSHIP SANIBEL-CAPTIVA PROGRAM COMPLETED ITS THIRD YEAR WITH HIGH PARTICIPANT SATISFACTION AND MEASURABLE ALUMNI ENGAGEMENT IN CIVIC LIFE. DONOR SUPPORT WAS SUSTAINED THROUGH ENHANCED STEWARDSHIP EFFORTS SUCH AS THE FRANCIS BAILEY SOCIETY AND A DONOR RECOGNITION EVENT. IMPROVEMENTS TO DONOR-ADVISED FUND (DAF) ADMINISTRATION INCREASED TRANSPARENCY AND USABILITY, AND CFI SECURED 70,000 IN NEW FUNDING FOR ELDERCARE INITIATIVES, INCLUDING ITS FIRST FIELD-OF-INTEREST FUND. WITH INCREASED COMMUNICATIONS OUTREACH, STRATEGIC GRANTMAKING, AND CONTINUED INVOLVEMENT IN CIVIC AND PHILANTHROPIC LEADERSHIP, CFI WAS HONORED AS THE 2024 ORGANIZATION OF THE YEAR BY THE SANIBEL CAPTIVA CHAMBER OF COMMERCE- RECOGNITION OF ITS ROLE AS A VITAL CONVENER AND CATALYST FOR COMMUNITY PROGRESS.Expenses $815,158 · grants $575,424 · revenue $25,988
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 27-4027791
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2011
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $7,803,144
- Income (IRS master file)
- $1,293,026
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,293,026 | $1,057,937 | $7,803,144 | IRS |
| 990 | December 2023 | $2,986,403 | $1,028,709 | $7,182,453 | XML |
| 990 | December 2022 | $908,198 | $949,886 | $4,515,631 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-4027791).
Questions about CHARITABLE FOUNDATION OF THE ISLANDS INC
- What is the EIN of CHARITABLE FOUNDATION OF THE ISLANDS INC?
- The employer identification number (EIN) of CHARITABLE FOUNDATION OF THE ISLANDS INC is 27-4027791.
- Is CHARITABLE FOUNDATION OF THE ISLANDS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to CHARITABLE FOUNDATION OF THE ISLANDS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CHARITABLE FOUNDATION OF THE ISLANDS INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CHARITABLE FOUNDATION OF THE ISLANDS INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CHARITABLE FOUNDATION OF THE ISLANDS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of CHARITABLE FOUNDATION OF THE ISLANDS INC?
- The 990 for the year ended December 31, 2024 names LISA RIORDAN.
- Who are the officers and directors of CHARITABLE FOUNDATION OF THE ISLANDS INC?
- The 990 for the year ended December 31, 2024 lists 18 people; 1 received compensation from the organization, the highest $133,833 (DOROTHY FARRELL, EXECUTIVE DI).
- How much revenue does CHARITABLE FOUNDATION OF THE ISLANDS INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,293,026, expenses of $1,057,937 and total assets of $7,803,144 at year end.
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All nonprofits in SANIBEL · Florida · Community improvement and capacity building