It Works Gives Back Foundation Inc logo

It Works Gives Back Foundation Inc

PALMETTO, FL EIN: 46-4384553 Website

THE FOUNDATION'S MISSION CONSISTS OF DISTRIBUTING FUNDS AND ASSETS TO PUBLIC CHARITIES QUALIFYING UNDER INTERNAL REVENUE SECTION 501(C)(3). THE DISTRIBUTION OF FUNDS TO TAX EXEMPT PUBLIC CHARITIES IS FOR THE PURPOSE OF IMPROVING AND BENEFITTING SOCIETY.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$35K

-52.7% YoY

Annual Giving

$65K

+4.0% YoY

Grant Count

5

-16.7% YoY

Avg Grant Size

$13K

+24.8% YoY

About It Works Gives Back Foundation Inc

Based on IRS filings

It Works Gives Back Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in PALMETTO, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $35K in total assets. In 2024, it awarded 5 grants totaling $65K. Net investment income was $2K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

BooneBradentonCaryDallasLantanaLos AngelesPrairievilleSarasota

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$80K$159K$239K$319K20202021202220232024
Metric202420232022
Total Assets$34,808$73,551$99,449
Revenue$41,400$44,880$67,938
Expenses$80,143$68,594$127,091
Qualifying Distributions
Net Investment Income$1,768$2,161$45
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$59K$118K$176K$235K9 grants20206 grants20217 grants20226 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

SAMARITANS PURSE$25KCHILDREN'S CUP$12KGARY SINISE FOUNDATION$10KSELAH FREEDOM INC$10KHOPE FAMILY SERVICES$8K

Grant Size Distribution

33 grants across all recorded years

32<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Samaritans Purse ($25,000), Children's Cup ($12,000), Gary Sinise Foundation ($10,000).

RecipientPurposeAmount
CHILDREN'S CUP PRAIRIEVILLE, LATO BRING CHILDREN OUT OF THE CYCLE OF POVERTY TO BECOME CONTRIBUTORS TO THEIR COMMUNITIES AS LEADERS AND BUSINESS PEOPLE.$12,000
GARY SINISE FOUNDATION LOS ANGELES, CAVETERANS SUPPORT$10,000
SELAH FREEDOM INC SARASOTA, FLTO BRING SOLUTIONS TO SURVIVORS OF SEX TRAFFICKING AND EXPLOITATION.$10,000
SAMARITANS PURSE BOONE, NCGENERAL SUPPORT$25,000
HOPE FAMILY SERVICES BRADENTON, FLTO PROMOTE SAFETY, STRENGTH AND WELL-BEING FOR VICTIMS AND SURVIVORS OF DOMESTIC VIOLENCE AND THEIR CHILDREN IN MANATEE COUNTY (FLORIDA).$7,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
CINDY PENTECOSTDIRECTOR, PRESIDENT, TREAS1.5
JOSEPH ALCALADIRECTOR2.5
AMANDA CLARKDIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is It Works Gives Back Foundation Inc?

It Works Gives Back Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in PALMETTO, FL. It holds $35K in total assets as of 2024.

How large is It Works Gives Back Foundation Inc?

As of 2024, It Works Gives Back Foundation Inc holds $35K in total assets with $41K in annual revenue. It awarded 5 grants totaling $65K in 2024.

Where does It Works Gives Back Foundation Inc operate?

It Works Gives Back Foundation Inc has awarded grants in California, Florida, Louisiana, North Carolina, Texas.

What size grants does It Works Gives Back Foundation Inc award?

In 2024, It Works Gives Back Foundation Inc awarded 5 grants totaling $65K — an average of about $13K per grant, based on its IRS Form 990 filings.

What is It Works Gives Back Foundation Inc's EIN?

It Works Gives Back Foundation Inc's EIN (Employer Identification Number) is 46-4384553. IRS Form 990 filing data is available on this page for 2020–2024.

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Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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