Nonprofit · EIN 47-3498729
INTENTIONAL INNOVATION FOUNDATION INC
Tax-exempt · NEWPORT NEWS, VA 23608
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-EZ | $131,144 | $143,939 | -$12,795 | $217,635 | $0 | $217,635 |
| June 30, 2024 | 990-EZ | $152,119 | $116,053 | $36,066 | $229,473 | $0 | $229,473 |
Financial details: 990-EZ for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $83,002
- Program service revenue
- $34,609
- Investment income
- $7,521
- Net gain from sales of assets
- $6,012
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $300
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fees and payments to contractors
- $3,000
- Occupancy
- $14,660
- Printing, publications and postage
- $6,361
- Other expenses
- $119,618
- Program services (functional)
- $140,395
Balance sheet and other
- Total assets, start of year
- $229,473
- Total assets, end of year
- $217,635
- Total liabilities, end of year
- $0
- Net assets, end of year
- $217,635
- Cash, savings and investments
- $217,635
- Gross receipts
- $131,166
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-EZ for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Nathaniel A Laverdure | President | 6 | $0 |
| Eric Walker | Secretary | 6 | $0 |
| Martha Ann Claire Mayo | Treasurer | 6 | $0 |
| Todd Ferrante | Director | 6 | $0 |
| Kyle Johnson | Director | 6 | $0 |
| Runbo Guo | Director | 6 | $0 |
| Kaitlin Ilnitzki | Director | 4 | $0 |
990-EZ for the year ended June 30, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Nathaniel A Laverdure | President | 6 | $0 |
| Todd Ferrante | Director | 6 | $0 |
| Kyle Johnson | Director | 6 | $0 |
| Runbo Guo | Director | 6 | $0 |
| Eric Walker | Secretary | 6 | $0 |
| Martha Ann Claire Mayo | Treasurer | 6 | $0 |
| Kaitlin Ilnitzki | Director | 4 | $0 |
Address and contacts
- Address (IRS master file)
- 874 BELVOIR CIR, NEWPORT NEWS, VA 23608-7731
- In care of
- % NATHANIEL A LAVERDURE
- Mailing address (990-N for 2015)
- 874 Belvoir Cir, Newport News VA 23608
- Principal officer (990-N for 2015)
- Nathaniel A Laverdure, 874 Belvoir Cir, Newport News VA 23608
- Signed the 990-EZ
- Nathaniel A Laverdure, President
- Phone
- (703) 200-2336
- Website
- iifound.org
Mission
Youth STEM education outreach
Program accomplishments
- Operate and sponsor high school robotics teams competing in the FIRST Robotics Competition Adult professionals partner as mentors with local students to simulate a challenging real-world engineering experience resulting in increased STEM career choiceExpenses $114,517 · grants $300
- Operate the Peninsula STEM Gym a shared facility for youth STEM teams in Hampton Roads VA to develop competition robotics and have real-world engineering experiences that will inspire a lifelong interest in science and mathExpenses $20,402
- Operate Rumble an offseason FIRST Robotics Competition in which high school robotics teams compete and train for the upcoming regular seasonExpenses $5,476
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-EZ on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 47-3498729
- 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
- 2015
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Science and technology (U20)
- Assets (IRS master file)
- $217,635
- Income (IRS master file)
- $131,166
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2025 | $131,144 | $143,939 | $217,635 | XML |
| 990-EZ | June 2024 | $152,119 | $116,053 | $229,473 | XML |
| 990-EZ | June 2023 | – | – | – | IRS |
| 990-EZ | June 2022 | – | – | – | IRS |
| 990-N for 2015 Officer: Nathaniel A Laverdure | June 30, 2016 | ≤ $50,000 receipts | – | – | e-Postcard |
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 47-3498729).
Questions about INTENTIONAL INNOVATION FOUNDATION INC
- What is the EIN of INTENTIONAL INNOVATION FOUNDATION INC?
- The employer identification number (EIN) of INTENTIONAL INNOVATION FOUNDATION INC is 47-3498729.
- Is INTENTIONAL INNOVATION FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to INTENTIONAL INNOVATION FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INTENTIONAL INNOVATION FOUNDATION 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 INTENTIONAL INNOVATION FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INTENTIONAL INNOVATION FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
- Who is the principal officer of INTENTIONAL INNOVATION FOUNDATION INC?
- The 990-N for 2015 names Nathaniel A Laverdure.
- Who are the officers and directors of INTENTIONAL INNOVATION FOUNDATION INC?
- The 990-EZ for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does INTENTIONAL INNOVATION FOUNDATION INC have?
- On its 990-EZ for the year ended June 30, 2025 it reported revenue of $131,144, expenses of $143,939 and total assets of $217,635 at year end.
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