Infinity Giving Works INC

Tax-deductible

Cincinnati, OH501(c)(3)EducationEIN 47-1650473Revenue $529K in FY2024

On file with the IRSigworks.org1022 Saint Gregory St, 45202-1722 · Cincinnati, OHTax-exempt since Oct 2014Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

Providing scholarships and related financial support to give families the freedom to choose the best learning options for their children. Tuition and financial assistance to high school and college students.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $15K a year · 3% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
4 mo
of spending, in cash
Looks good: 4.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $11
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$36K
8% of total assets
Looks good: liabilities are 8% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$529K
+0.1% vs prior year
Spent
$501K
To programs
100%
Net assets
$434K
By yearFY2020–FY2024
Revenue
$529K
FY2024+0.1%
Tap a bar for its year
Revenue by fiscal year
FY2020$716K
FY2021$606K
FY2022$445K
FY2023$529K
FY2024$529K
Expenses
$501K
FY2024▼ -4%
Tap a bar for its year
Expenses by fiscal year
FY2020$676K
FY2021$597K
FY2022$451K
FY2023$522K
FY2024$501K
Net assets
$434K
FY2024▲ +7%
Tap a bar for its year
Net assets by fiscal year
FY2020$397K
FY2021$406K
FY2022$399K
FY2023$406K
FY2024$434K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 2014.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $501K Management & general 0% · $110

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Infinity Giving Works INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers scholarships and financial aid for students to pursue their chosen educational paths.

Questions for Infinity Giving Works INC

Tap to ask. Infinity Giving Works INC sees how many people are interested.

Your first name shows with your question. Infinity Giving Works INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $501K · in their own filed words · FY2024
01

To provide families and students tuition and educational assistance from high school into college

$501Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$11

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$529K
Ln 12
Fees for servicesLn 2g$523K
Gifts and grantsLn 1h$4K
Investment incomeLn 3$2K
Money outPt IX
$501K
Ln 25
Programscol B$501K
Managementcol C$110
Owns and owesPt X
$434K
net assets · Ln 32
Cash and savingsLn 1–2$181K
Total assetsLn 16$470K
LiabilitiesLn 26$36K
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4K
Fees for servicesLn 2g$523K
Investment incomeLn 3$2K
Total revenueLn 12$529K
Assets in detailPt X, end of year
CashLn 1$22K
SavingsLn 2$160K
Cash and savings togetherLn 1–2$181K
Land, buildings, equipmentLn 10c$289K
Total assetsLn 16$470K
LiabilitiesLn 26$36K
Net assetsLn 32$434K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$434K$181K
Land, buildings, equipmentLn 10c$289K
Total assetsLn 16$434K$470K
LiabilitiesLn 26$28K$36K
Net assetsLn 32$406K$434K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Office expensesLn 13$16K$16K$59
Information technologyLn 14$507$456$51
OccupancyLn 16$8K$8K
Conferences, conventions and meetingsLn 19$629$629
Other expenses (24a–d)Ln 24$475K$475K
Total functional expensesLn 25$501K$501K$110$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $529K$501K$28K$434K 990 PDF
FY2023 $529K$522K$7K$406K 990 PDF
FY2022 $445K$451K−$7K$399K 990 PDF
FY2021 $606K$597K$9K$406K 990 PDF
FY2020 $716K$676K$40K$397K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $529,187 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $11$4,050
I-9 Program service revenuePrior year $528,435$523,249
I-10 Investment incomePrior year $69$1,888
I-11 Other revenue$0
I-12 Total revenuePrior year $528,515$529,187
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $521,590$500,836
I-18 Total expensesPrior year $521,590$500,836
I-19 Revenue less expensesPrior year $6,925$28,351
Part VI · Governance 3 of 3 board members independent, 3 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $529,187 across 5 lines filed
VIII-1f All other contributions, gifts and grants$4,050
VIII-1h Total contributions, gifts and grants$4,050
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $523,249$523,249
VIII-3 Investment incomeExcluded from tax $1,888$1,888
VIII-12 Total revenueRelated to mission $523,249 · Excluded from tax $1,888$529,187
Part IX · Statement of functional expenses $500,836 across 5 lines filed
IX-13 Office expensesPrograms $15,830 · Management $59$15,889
IX-14 Information technologyPrograms $456 · Management $51$507
IX-16 OccupancyPrograms $8,405$8,405
IX-19 Conferences, conventions and meetingsPrograms $629$629
IX-24 Other expenses (24a–d)Programs $475,406$475,406
IX-25 Total functional expensesPrograms $500,726 · Management $110 · Fundraising $0$500,836
Part X · Balance sheet $470,317 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $55,146$21,652
X-2 Savings and temporary cash investmentsStart of year $378,573$159,690
X-10c Land, buildings and equipment, net$288,975
X-16 Total assetsStart of year $433,719$470,317
X-17 Accounts payable and accrued expenses$35,961
X-26 Total liabilitiesStart of year $27,714$35,961
X-27 Net assets without donor restrictionsStart of year $406,005$434,356
X-32 Total net assets or fund balancesStart of year $406,005$434,356
X-33 Total liabilities and net assetsStart of year $433,719$470,317
Part XI · Reconciliation of net assets $434,356 net assets at year end
XI-1 Total revenue$529,187
XI-2 Total expenses$500,836
XI-3 Revenue less expenses$28,351
XI-4 Net assets at start of year$406,005
XI-10 Net assets at end of year$434,356

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.