Skip to main content

Nonprofit · EIN 59-3118402

EDUCATION FOUNDATION OF INDIAN RIVER COUNTY INC

Tax-exempt · VERO BEACH, FL 32961

Financials

$438K$699K2022
Revenue Expenses · by fiscal year end
Financials of EDUCATION FOUNDATION OF INDIAN RIVER COUNTY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2023990$438,310$699,070-$260,760$358,576$73,604$284,972
Financial details: 990 for the year ended June 30, 2023

Revenue

Contributions, gifts and grants
$432,660
of which government grants
$136,182
Program service revenue
$0
Investment income
$2,259
Net gain from sales of assets
$260
Net income from fundraising events
$3,391
Other revenue
$3,391

Expenses

Grants and similar amounts paid
$342,295
Compensation of officers, directors and key employees
$146,914
Other salaries and wages
$37,070
Salaries, compensation and benefits (total)
$197,895
Professional fundraising fees
$0
Accounting fees
$28,150
Occupancy
$12,802
Travel
$8,721
Depreciation
$782
Program services (functional)
$581,937
Management and general (functional)
$103,541
Fundraising (functional)
$13,592

Balance sheet and other

Total assets, start of year
$790,776
Total assets, end of year
$358,576
Total liabilities, end of year
$73,604
Net assets, end of year
$284,972
Land, buildings and equipment
$1,873
Net assets without donor restrictions
$123,128
Net assets with donor restrictions
$161,844
Gross receipts
$441,805
Employees
4
Volunteers
10
Year formed
1991
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 June 30, 2023, highest compensation first.

NameTitleHours / weekCompensation
DOUGLAS HERRONEXECUTIVE DIRECTOR
Officer
40$81,462
HEIDI LEONEEXECUTIVE DIRECTOR
Officer
40$48,125
LAICA GERWIEN-MORETAPRESIDENT AND CHAIR
Trustee or director, Officer
5$0
CHRIS BIEBERTREASURER
Trustee or director, Officer
1$0
LOGAN GEESLINSECRETARY
Trustee or director, Officer
1$0
JIM ELFORDDIRECTOR
Trustee or director, Officer
1$0
CINDY EMERSONDIRECTOR
Trustee or director
1$0
KENNY HOLMESDIRECTOR
Trustee or director
1$0
HELEN MILLMANDIRECTOR
Trustee or director
1$0
LEE MOOREDIRECTOR
Trustee or director
1$0
ERIC SEYMOURDIRECTOR
Trustee or director
1$0
KHAHILIA SHAWDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
PO BOX 7046, VERO BEACH, FL 32961-7046
Principal officer (990 for 2022)
LAICA GERWIEN-MORETA, PO BOX 7046, VERO BEACH, FL 329617046
Signed the 990
LAICA GERWIEN-MORETA, PRESIDENT
Phone
(772) 564-0034
Return prepared by
JACOBY AND HANDLEY PLLC

Mission

TO SUPPLEMENT EDUCATIONAL PROGRAMS IN INDIAN RIVER COUNTY.

990 for the year ended June 30, 2023

Program accomplishments

  • SCIENCE FAIR - THE INDIAN RIVER REGIONAL SCIENCE & ENGINEERING FAIR INVOLVES APPROXIMATELY 200 LOCAL VOLUNTEERS, PROFESSIONALS, AND RESEARCH SCIENTISTS WHO MENTOR STUDENTS AND REVIEW SCIENCE PROJECTS. CHILDREN FROM PUBLIC AND PRIVATE SCHOOLS PARTICIPATE IN SCIENTIFIC RESEARCH AND DISCOVERY THAT REINFORCES MATH, READING, AND WRITING SKILLS.TYPICALLY, MORE THAN 10,000 STUDENTS IN THE SCHOOL DISTRICT PARTICIPATE IN SCHOOL BASED FAIRS.
    Expenses $59,359 · grants $8,577
  • HIGH-IMPACT INNOVATION GRANTS - EACH YEAR WE PROVIDE THE OPPORTUNITY FOR TEACHERS TO APPLY FOR FUNDING TO HELP THEM INITIATE INNOVATIVE PROGRAMS FOR STUDENTS IN THE FOLLOWING AREAS: SCHOOL CULTURE, SCIENCE, MATH, AND READING. WE PROVIDE THE ENTREPRENEURIAL OPPORTUNITY FOR SCHOOL TEAMS TO PILOT AN INNOVATIVE CONCEPT THAT ADVANCES STUDENT ACHIEVEMENT.
    Expenses $204,007 · grants $146,248
  • STEP INTO KINDERGARTEN - THIS PROGRAM WAS CREATED WITH THE GOAL TO INCREASE THE KINDERGARTEN READINESS OF THE 4 YEAR OLD STUDENTS. THIS WILL DECREASE THE POTENTIAL FOR SUMMER SLIDE BY EXTENDING THE SCHOOL YEAR FOR CHILDREN WHO HAVE PARTICIPATED DURING THE SCHOOL YEAR IN THE VOLUNTARY PRE-KINDERGARTEN (VPK) PROGRAM. TOTAL STUDENTS SERVED - 227
    Expenses $204,948 · grants $160,824
  • TEACHER RECOGNITION AND DEVELOPMENT - THIS PROGRAM PROVIDES DEVELOPMENT SUPPORT FOR TEACHERS IN INDIAN RIVER COUNTY.
    Expenses $17,004 · grants $7,481
  • SNEAKER EXCHANGE, SCHOOL SUPPLY AND OTHER - THIS PROGRAM PROVIDES SHOES, SUPPLIES, AND VISION SCREENING FOR CHILDREN IN NEED.
    Expenses $45,030 · grants $4,665
  • COMMUNITY COMPLEX SUPPORT - THIS PROGRAM SUPPORTED THE KICK-OFF OF COMMUNITY AWARENESS OF THE VERO BEACH COMMUNITY COMPLEX IN PARTNERSHIP WITH THE SCHOOL DISTRICT OF INDIAN RIVER COUNTY.
    Expenses $51,589 · grants $14,500

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025Not on file
2023June 30, 2024November 15, 2024Not on file

IRS record

EIN
59-3118402
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1992
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B20Z)
Assets (IRS master file)
$358,576
Income (IRS master file)
$441,805

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2023$438,310$699,070$358,576XML
990June 2022$366,308$494,097$790,776IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 59-3118402).

Questions about EDUCATION FOUNDATION OF INDIAN RIVER COUNTY INC

What is the EIN of EDUCATION FOUNDATION OF INDIAN RIVER COUNTY INC?
The employer identification number (EIN) of EDUCATION FOUNDATION OF INDIAN RIVER COUNTY INC is 59-3118402.
Is EDUCATION FOUNDATION OF INDIAN RIVER COUNTY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
Are donations to EDUCATION FOUNDATION OF INDIAN RIVER COUNTY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does EDUCATION FOUNDATION OF INDIAN RIVER COUNTY 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 EDUCATION FOUNDATION OF INDIAN RIVER COUNTY 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 EDUCATION FOUNDATION OF INDIAN RIVER COUNTY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2023.
Who is the principal officer of EDUCATION FOUNDATION OF INDIAN RIVER COUNTY INC?
The 990 for the year ended June 30, 2023 names LAICA GERWIEN-MORETA.
Who are the officers and directors of EDUCATION FOUNDATION OF INDIAN RIVER COUNTY INC?
The 990 for the year ended June 30, 2023 lists 12 people; 2 received compensation from the organization, the highest $81,462 (DOUGLAS HERRON, EXECUTIVE DIRECTOR).
How much revenue does EDUCATION FOUNDATION OF INDIAN RIVER COUNTY INC have?
On its 990 for the year ended June 30, 2023 it reported revenue of $438,310, expenses of $699,070 and total assets of $358,576 at year end.

Other nonprofits in VERO BEACH

All nonprofits in VERO BEACH · Florida · Education