IFE Foundation

EIN: 453819689 501(c)(3) Philanthropy & Grantmaking

Denver, CO

Total Revenue
$1,664,995
Total Expenses
$2,061,640
Total Assets
$46,678,118
Net Assets
$46,678,118
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
CO
Principal Officer
Jason Bule
Phone
7202882828
Tax Period
2025-01-01 to 2025-12-31

IFE Foundation, founded in 2011, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.7M in total revenue in fiscal year 2025. Revenue fell 74% from the prior year — a significant decline worth monitoring. Expenses of $2.1M exceeded revenue, resulting in a 24% operating deficit.

Mission

1) To further charitable purposes by charitable grant making; provided that all such grants shall be made to organizations or entities exempt from federal income tax under 501(c)(3) of the Internal Revenue Code.2) To accept, hold, invest, reinvest and administer any gifts, bequests, devises, benefit of trusts and property of any kind and nature whatsoever, without limitation as to the nature or value there of and to use, disburse or donate the income or principal thereof for charitable purposes.3) To acquire, own, manage, develop, rehabilitate, sell, lease, encumber, or transfer real or personal property in connection with or incidental to charitable purposes.4) To participate in charitable arrangements of all kinds to the extent permitted by law and to act as trustee, or in any other capacity, with respect to any such arrangement.5) To do everything necessary or incidental for charitable purposes not forbidden by the Colorado Revised Nonprofit Corporation Act and to be irrevocably ded

Program Service Accomplishments

Program 1
Expenses: $2,040,248

Current year's accomplishments included making cash grants to charitable organizations described in Sections 501(c)(3) and 170(b)(1)(A)(i-vi) of the Internal Revenue Code.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $1,301,197
Other Revenue $363,798
TOTAL REVENUE $1,664,995

Expense Breakdown

Grants Paid $2,019,271
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $2,040,248
Other Expenses $42,369
TOTAL EXPENSES $2,061,640

Year-over-Year Comparison

2025 2024 Change
Revenue $1,664,995 $6,377,319 -0.7%
Expenses $2,061,640 $1,767,061 +0.2%
Net Income $-396,645 $4,610,258 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ted Esler Director 7.00
Director
$0 $0 $0
Jason Bule President 11.00
Officer Director
$0 $0 $0
Bill Leick Director 6.00
Director
$0 $0 $0
Nathan Lutz Director 9.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $1,664,995 $2,061,640 $46,678,118 $-396,645
2024 No data No data No data No data
2023 $593,602 $1,979,058 $35,242,430 $-1,385,456
2022 $1,516,383 $1,777,208 $30,719,135 $-260,825
2021 $3,012,688 $2,703,198 $38,312,987 $309,490
2020 $-2,308,051 $1,377,001 $36,842,756 $-3,685,052
2019 $14,271,515 $1,681,074 $40,619,828 $12,590,441
2018 $987,131 $2,923,844 $23,098,299 $-1,936,713
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