Search icon

IFOUNDATION CORPORATION - Florida Company Profile

Company Details

Entity Name: IFOUNDATION CORPORATION
Jurisdiction: FLORIDA
Filing Type: Domestic Non-Profit
Status: Inactive

The business entity is inactive. This status may signal operational issues or voluntary closure, raising concerns about the business's ability to repay loans and requiring careful risk assessment by lenders.

Date Filed: 28 Sep 2023 (2 years ago)
Date of dissolution: 27 Sep 2024 (7 months ago)
Last Event: ADMIN DISSOLUTION FOR ANNUAL REPORT
Event Date Filed: 27 Sep 2024 (7 months ago)
Document Number: N23000011745
Address: 1540 NW 9TH AVE, FORT LAUDERDALE, FL, 33311, US
Mail Address: 1540 NW 9TH AVE, FORT LAUDERDALE, FL, 33311, US
ZIP code: 33311
County: Broward
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
LOUIS CHRISTINA Chief Executive Officer 1540 NW 9TH AVE, FORT LAUDERDALE, FL, 33311
LOUIS CHRISTINA Agent 1540 NW 9TH AVE, FORT LAUDERDALE, FL, 33311

Events

Event Type Filed Date Value Description
REINSTATEMENT 2025-04-04 - -
ADMIN DISSOLUTION FOR ANNUAL REPORT 2024-09-27 - -

Documents

Name Date
Domestic Non-Profit 2023-09-28

Tax Exempt

EIN Type of Organization Exempt Organization Status Address Ruling Date
81-1907044 Corporation Unconditional Exemption 1540 NW 9TH AVE, FT LAUDERDALE, FL, 33311-5540 2016-04
In Care of Name -
Group Exemption Number 0000
Subsection Charitable Organization, Educational Organization, Literary Organization, Organization to Prevent Cruelty to Animals, Organization to Prevent Cruelty to Children, Organization for Public Safety Testing, Religious Organization, Scientific Organization
Affiliation Independent - This code is used if the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Classification Government Instrumentality, Title-Holding Corporation, Charitable Organization, Educational Organization, Local Association of Employees, Agricultural Organization, Horticultural Organization, Board of Trade, Business League, Pleasure, Recreational, or Social Club, Fraternal Beneficiary Society, Order or Association, Voluntary Employees' Beneficiary Association (Non-Govt. Emps.), Voluntary Employees' Beneficiary Association (Govt. Emps.), Domestic Fraternal Societies and Associations, Teachers Retirement Fund Assoc., Benevolent Life Insurance Assoc., Mutual Ditch or Irrigation Co., Burial Association, Cemetery Company, Credit Union, Other Mutual Corp. or Assoc., Mutual Insurance Company or Assoc. Other Than Life or Marine, Corp. Financing Crop Operations, Supplemental Unemployment Compensation Trust or Plan, Employee Funded Pension Trust (Created Before 6/25/59), Post or Organization of War Veterans, Legal Service Organization, Black Lung Trust, Multiemployer Pension Plan, Veterans Assoc. Formed Prior to 1880, Trust Described in Sect. 4049 of ERISA, Title Holding Co. for Pensions, etc., State-Sponsored High Risk Health Insurance Organizations, State-Sponsored Workers' Compensation Reinsurance, ACA 1322 Qualified Nonprofit Health Insurance Issuers, Apostolic and Religious Org. (501(d)), Cooperative Hospital Service Organization (501(e)), Cooperative Service Organization of Operating Educational Organization (501(f)), Child Care Organization (501(k)), Charitable Risk Pool, Qualified State-Sponsored Tuition Program, 4947(a)(1) - Private Foundation (Form 990PF Filer)
Deductibility Contributions are deductible.
Foundation Organization that receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
Tax Period 2022-12
Asset 0
Income 0
Filing Requirement 990 - Required to file Form 990-N - Income less than $50,000 per year
PF Filing Requirement No 990-PF return
Accounting Period Dec
Asset Amount 0
Income Amount 0
Form 990 Revenue Amount 0
National Taxonomy of Exempt Entities Education: Scholarships, Student Financial Aid Services, Awards
Sort Name -

Publication 78 Data

Description Organizations eligible to receive tax-deductible charitable contributions. Users may rely on this list in determining deductibility of their contributions.
On Publication 78 Data List Yes
Deductibility Type of organization and use of contribution: A public charity. Deductibility Limitation: 50% (60% for cash contributions)

Determination Letter

Final Letter(s) FinalLetter_81-1907044_NEWGENERATIONOFYOUNGLEADERS_03312016.tif

Form 990-N (e-Postcard)

Organization Name IFOUNDATION CORPORATION
EIN 81-1907044
Tax Year 2022
Beginning of tax period 2022-01-01
End of tax period 2022-12-31
Gross receipts not greater than $50000 Yes
Organization has terminated No
Mailing Address 1540 NW 9th AVE, Fort Lauderdale, FL, 33311, US
Principal Officer's Name Christina Louis
Principal Officer's Address 1540 NW 9th AVE, Fort Lauderdale, FL, 33311, US
Organization Name NEW GENERATION OF YOUNG LEADERS
EIN 81-1907044
Tax Year 2020
Beginning of tax period 2020-01-01
End of tax period 2020-12-31
Gross receipts not greater than $50000 Yes
Organization has terminated No
Mailing Address 1540 nw 9th ave, Fort Lauderdale, FL, 33311, US
Principal Officer's Name Christina Louis
Principal Officer's Address 1540 nw 9th ave, Fort Lauderdale, FL, 33311, US
Organization Name NEW GENERATION OF YOUNG LEADERS
EIN 81-1907044
Tax Year 2019
Beginning of tax period 2019-01-01
End of tax period 2019-12-31
Gross receipts not greater than $50000 Yes
Organization has terminated No
Mailing Address 1540 nw 9th ave, Fort Lauderdale, FL, 33311, US
Principal Officer's Name Christina Louis
Principal Officer's Address 1540 nwv9th ave, Fort Lauderdale, FL, 33311, US
Organization Name NEW GENERATION OF YOUNG LEADERS
EIN 81-1907044
Tax Year 2018
Beginning of tax period 2018-01-01
End of tax period 2018-12-31
Gross receipts not greater than $50000 Yes
Organization has terminated No
Mailing Address 1540 nw 9th ave, fort lauderdale, FL, 33311, US
Principal Officer's Name Christina Louis
Principal Officer's Address 1540 nw 9th ave, fort lauderdale, FL, 33311, US
Organization Name NEW GENERATION OF YOUNG LEADERS
EIN 81-1907044
Tax Year 2017
Beginning of tax period 2017-01-01
End of tax period 2017-12-31
Gross receipts not greater than $50000 Yes
Organization has terminated No
Mailing Address 1540 NW 9th AVE, Fort Lauderdale, FL, 33311, US
Principal Officer's Name Christina Louis
Principal Officer's Address 1540 NW 9th AVE, Fort Lauderdale, FL, 33311, US
Organization Name NEW GENERATION OF YOUNG LEADERS
EIN 81-1907044
Tax Year 2016
Beginning of tax period 2016-01-01
End of tax period 2016-12-31
Gross receipts not greater than $50000 Yes
Organization has terminated No
Mailing Address 1540 nw 9th ave, Fort Lauderdale, FL, 33311, US
Principal Officer's Address PO Box 265, Fort Lauderdale, FL, 33302, US
Website URL www.newgenyoungleaders.org

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
8390228107 2020-07-25 0455 PPP 1540 NW 9TH AVENUE, FORT LAUDERDALE, FL, 33311-5540
Loan Status Date 2023-08-05
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 100000
Loan Approval Amount (current) 100000
Undisbursed Amount 0
Franchise Name -
Lender Location ID 596038
Servicing Lender Name Lendistry-Federal Reserve Contract
Servicing Lender Address 777 South Alameda Street, Los Angeles, CA, 90021
Rural or Urban Indicator U
Hubzone Y
LMI Y
Business Age Description Existing or more than 2 years old
Project Address FORT LAUDERDALE, BROWARD, FL, 33311-5540
Project Congressional District FL-20
Number of Employees 6
NAICS code 423450
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 529113
Originating Lender Name Kabbage, Inc.
Originating Lender Address Atlanta, GA
Gender Unanswered
Veteran Unanswered
Forgiveness Amount -
Forgiveness Paid Date -

Date of last update: 02 Apr 2025

Sources: Florida Department of State