THE IDES SOCIETY

EIN: 941647430 501(c)(3) Human Services

HALF MOON BAY, CA

Total Revenue
$279,520
Total Expenses
$190,370
Total Assets
$1,085,481
Net Assets
$1,085,481
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1956
Legal Domicile
CA
Principal Officer
GISELLE SILVA
Phone
6507262729
Tax Period
2024-01-01 to 2024-12-31

THE IDES SOCIETY, founded in 1956, is a small nonprofit in the Human Services sector that reported $280K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $89K, a strong 32% operating margin.

Mission

THE I.D.E.S. SOCIETY WAS ORGANIZED PRIMARILY FOR MEMBERS OF PORTUGUESE DESCENT, INCLUDING SPOUSES AND FAMILY MEMBERS OF SAID PORTUGUESE MEMBERS, TO CELEBRATE THE FEAST OF THE HOLY GHOST, DURING PENTECOST. THE ANNUAL CELEBRATION INCLUDES THE HOLY GHOST FESTIVAL. FORM 990, PART III, LINE 4D - ALL OTHER ACCOMPLISHMENTS CELEBRATED ANNUAL HOLY GHOST FESTIVAL DURING PENTECOST, WITH THE COMMUNITY OF HALF MOON BAY. FORM 990, PART VI, LINE 11B - ORGANIZATION'S PROCESS TO REVIEW FORM 990 TAX RETURN WILL BE REVIEWED BY CURRENT SECRETARY. FORM 990, PART VI, LINE 19 - GOVERNING DOCUMENTS DISCLOSURE EXPLANATION GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.

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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 (2024)

Revenue Breakdown

Contributions & Grants $74,199
Program Service Revenue $0
Investment Income $2,676
Other Revenue $202,645
TOTAL REVENUE $279,520

Expense Breakdown

Grants Paid $7,400
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $7,400
Other Expenses $182,970
TOTAL EXPENSES $190,370

Year-over-Year Comparison

2024 2023 Change
Revenue $279,520 $256,422 +0.1%
Expenses $190,370 $207,640 -0.1%
Net Income $89,150 $48,782 +0.8%
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
6
Independent Members
6
Employees
N/A
Volunteers
175

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
4
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUSIE MORASCI PRESIDENT 0.0
Officer Director
$0 $0 $0
BILL BORBA VICE PRESIDENT 0.0
Officer Director
$0 $0 $0
MELVIN MELLO JR SECRETARY 0.0
Officer Director
$0 $0 $0
GISELLE SILVA TREASURER 0.0
Officer Director
$0 $0 $0
SHANNON HENRETTY MARSHALL 0.0
Director
$0 $0 $0
FRED WHELEN TRUSTEE 0.0
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
2024 $279,520 $190,370 $1,085,481 $89,150
2023 $256,422 $207,640 $1,052,443 $48,782
2022 $171,821 $144,039 $997,196 $27,782
2021 $157,619 $114,249 $955,671 $43,370
2020 $68,916 $119,633 $929,111 $-50,717
2019 $252,517 $164,545 $983,475 $87,972
2018 $164,487 $94,637 $878,651 $69,850
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