Balda Family Foundation Inc

Melbourne, FL
Tax-exempt since Feb. 2008
EIN: 26-1548705

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Grantmaking Foundations (NTEE)

Donations to this organization are tax deductible.

Revenue

$271k (2024)

Expenses

$36.8k (2024)

Total Assets

$1.54M (2024)

Total Liabilities

$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$270,601

Expenses

$36,772

Net Income

$233,829

Net Assets

$1,535,282

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$8,138	3.0%
Dividends	$40,675	15.0%
Sales of Assets	$221,788	82.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$24,500	66.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,535,282
Total Liabilities	$0
Net Assets	$1,535,282

Compensation

Key Employees and Officers	Compensation	Other
Kathy Mbalda (Exec Dir/Tre)	$0	$0

990-PF

Filed on May 14, 2025

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2023

Revenue

$45,097

Expenses

$43,684

Net Income

$1,413

Net Assets

$946,554

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$7,088	15.7%
Dividends	$34,128	75.7%
Sales of Assets	$3,881	8.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$33,500	76.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$946,554
Total Liabilities	$0
Net Assets	$946,554

Compensation

Key Employees and Officers	Compensation	Other
Kathy Mbalda (Exec Dir/Tre)	$0	$0

990-PF

Filed on May 6, 2024

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2022

Revenue

$62,364

Expenses

$973,375

Net Income

-$911,011

Net Assets

$909,562

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1,331	2.1%
Dividends	$46,072	73.9%
Sales of Assets	$14,961	24.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$960,002	98.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$909,562
Total Liabilities	$0
Net Assets	$909,562

Compensation

Key Employees and Officers	Compensation	Other
Kathy Mbalda (Exec Dir/Tre)	$0	$0

990-PF

Filed on April 14, 2023

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2021

Revenue

$125,691

Expenses

$122,332

Net Income

$3,359

Net Assets

$1,728,652

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$10	0.0%
Dividends	$62,730	49.9%
Sales of Assets	$62,951	50.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$107,501	87.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,728,652
Total Liabilities	$0
Net Assets	$1,728,652

Compensation

Key Employees and Officers	Compensation	Other
Richard E Balda (Vice Preside)	$0	$0
Anthony J Balda (Director)	$0	$0
Daniel A Balda (President)	$0	$0
Kathy Mbalda (Exec Dir/Tre)	$0	$0
Kyle Creedon (Secretary)	$0	$0

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990-PF

Filed on May 9, 2022

Primary tax return for a private foundation's activities, finances, and governance

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XML

Fiscal Year Ending Dec.
2020

Revenue

$80,338

Expenses

$140,486

Net Income

-$60,148

Net Assets

$1,716,864

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$865	1.1%
Dividends	$57,275	71.3%
Sales of Assets	$10,582	13.2%
Other Income	$11,616	14.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$102,773	73.2%
Compensation of Officers*	$17,334	12.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,716,865
Total Liabilities	$1
Net Assets	$1,716,864

Compensation

Key Employees and Officers	Compensation	Other
Sarah Balda (Executive Di)	$17,334	$0
Richard E Balda (President)	$0	$0
Anthony J Balda (Vice Preside)	$0	$0
Daniel A Balda (Treasurer)	$0	$0
Kathy M Mills (Secretary)	$0	$0
Hugh Normile (Director)	$0	$0
Kyle Creedon (Director)	$0	$0
Carey Gleason (Director)	$0	$0

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990-PF

Filed on Sept. 14, 2021

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2019

Revenue

$175,951

Expenses

$222,564

Net Income

-$46,613

Net Assets

$1,779,659

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$3,011	1.7%
Interest Revenue	$2,568	1.5%
Dividends	$64,494	36.7%
Sales of Assets	$105,878	60.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$110,405	49.6%
Compensation of Officers*	$57,631	25.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,779,660
Total Liabilities	$1
Net Assets	$1,779,659

Compensation

Key Employees and Officers	Compensation	Other
Sarah Balda (Executive Di)	$57,631	$0
Richard E Balda (President)	$0	$0
Anthony J Balda (Vice Preside)	$0	$0
Daniel A Balda (Treasurer)	$0	$0
Kathy M Mills (Secretary)	$0	$0
Hugh Normile (Director)	$0	$0
Kyle Creedon (Director)	$0	$0
Carey Gleason (Director)	$0	$0

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990-PF

Filed on Sept. 1, 2020

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2018

Revenue

$106,620

Expenses

$236,637

Net Income

-$130,017

Net Assets

$1,828,042

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$3,000	2.8%
Interest Revenue	$1,602	1.5%
Dividends	$63,804	59.8%
Sales of Assets	$38,214	35.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$125,050	52.8%
Compensation of Officers*	$65,900	27.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,828,042
Total Liabilities	$0
Net Assets	$1,828,042

Compensation

Key Employees and Officers	Compensation	Other
Sarah Balda (Executive Di)	$65,900	$0
Richard E Balda (President)	$0	$0
Anthony J Balda (Vice Preside)	$0	$0
Daniel A Balda (Treasurer)	$0	$0
Kathy M Mills (Secretary)	$0	$0
Hugh Normile (Director)	$0	$0
Kyle Creedon (Director)	$0	$0
Carey Gleason (Director)	$0	$0

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990-PF

Filed on May 14, 2019

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2017

Revenue

$303,809

Expenses

$219,182

Net Income

$84,627

Net Assets

$1,959,175

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$2,513	0.8%
Interest Revenue	$571	0.2%
Dividends	$56,688	18.7%
Sales of Assets	$244,037	80.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$113,400	51.7%
Compensation of Officers*	$73,625	33.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,959,175
Total Liabilities	$0
Net Assets	$1,959,175

Compensation

Key Employees and Officers	Compensation	Other
Sarah Balda (Executive Di)	$73,625	$0
Richard E Balda (President)	$0	$0
Anthony J Balda (Vice Preside)	$0	$0
Daniel A Balda (Treasurer)	$0	$0
Kathy M Mills (Secretary)	$0	$0
Hugh Normile (Director)	$0	$0
Kyle Creedon (Director)	$0	$0
Carey Gleason (Director)	$0	$0

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990-PF

Filed on Feb. 8, 2018

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2016

Revenue

$32,673

Expenses

$189,846

Net Income

-$157,173

Net Assets

$1,976,413

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$8,000	24.5%
Interest Revenue	$85	0.3%
Dividends	$47,525	> 100%
Sales of Assets	-$22,937
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$112,000	59.0%
Compensation of Officers*	$50,000	26.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,976,413
Total Liabilities	$0
Net Assets	$1,976,413

Compensation

Key Employees and Officers	Compensation	Other
Sarah Balda (Ceo)	$50,000	$0
Daniel A Balda (Vice Preside)	$0	$0
Anthony J Balda (Treasurer)	$0	$0
Richard E Balda (President)	$0	$0
Katharine M Balda (Secretary)	$0	$0
Jerry Davis (Director)	$0	$0
Hugh Hormile (Director)	$0	$0

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990-PF

Filed on May 11, 2017

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2015

Revenue

$646,387

Expenses

$186,020

Net Income

$460,367

Net Assets

$2,133,586

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$542,232	83.9%
Interest Revenue	$59	0.0%
Dividends	$49,919	7.7%
Sales of Assets	$54,015	8.4%
Other Income	$162	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$98,500	53.0%
Compensation of Officers*	$50,833	27.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,133,586
Total Liabilities	$0
Net Assets	$2,133,586

Compensation

Key Employees and Officers	Compensation	Other
Sarah Balda (Ceo)	$50,833	$0
Daniel A Balda (Vice Preside)	$0	$0
Anthony J Balda (Treasurer)	$0	$0
Richard E Balda (President)	$0	$0
Katharine M Balda (Secretary)	$0	$0
Jerry Davis (Director)	$0	$0
Hugh Hormile (Director)	$0	$0

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990-PF

Filed on March 28, 2016

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2014

Revenue

$587,135

Expenses

$161,350

Net Income

$425,785

Net Assets

$1,673,219

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$5,000	0.9%
Interest Revenue	$33	0.0%
Dividends	$30,388	5.2%
Sales of Assets	$550,832	93.8%
Other Income	$882	0.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$85,000	52.7%
Compensation of Officers*	$47,362	29.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,673,219
Total Liabilities	$0
Net Assets	$1,673,219

Compensation

Key Employees and Officers	Compensation	Other
Sarah Balda (Ceo)	$47,362	$0
Daniel A Balda (Vice Preside)	$0	$0
Anthony J Balda (Treasurer)	$0	$0
Richard E Balda (President)	$0	$0
Katharine M Mills (Secretary)	$0	$0
Jerry Davis (Director)	$0	$0
Hugh Hormile (Director)	$0	$0

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990-PF

Filed on May 19, 2015

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2013

Revenue

$713,841

Expenses

$148,956

Net Income

$564,885

Net Assets

$1,247,434

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$575,400	80.6%
Interest Revenue	$2,725	0.4%
Dividends	$12,816	1.8%
Sales of Assets	$122,725	17.2%
Other Income	$175	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$76,000	51.0%
Compensation of Officers*	$37,065	24.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,247,434
Total Liabilities	$0
Net Assets	$1,247,434

Compensation

Key Employees and Officers	Compensation	Other
Sarah Balda (Exec. Direct)	$37,065	$0
Katharine M Mills (Director)	$0	$0
Ricardo A Balda (Director)	$0	$0
Daniel A Balda (Director)	$0	$0
Anthony J Balda (Director)	$0	$0
Richard E Balda (Director)	$0	$0
Jerry Davis (Director)	$0	$0
Hugh Normile (Director)	$0	$0

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990-PF

Filed on May 15, 2014

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2012

Revenue

$92,310

Expenses

$117,158

Net Income

-$24,848

Net Assets

$1,200,689

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1,419	1.5%
Dividends	$14,616	15.8%
Sales of Assets	$76,122	82.5%
Other Income	$153	0.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$68,011	58.1%
Compensation of Officers*	$27,500	23.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,200,878
Total Liabilities	$189
Net Assets	$1,200,689

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$67,864

Expenses

$121,497

Net Income

-$53,633

Net Assets

$1,225,537

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$12	0.0%
Dividends	$15,841	23.3%
Sales of Assets	$52,011	76.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$66,767	55.0%
Compensation of Officers*	$35,000	28.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,225,537
Total Liabilities	$0
Net Assets	$1,225,537

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

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Balda Family Foundation Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $271k (2024)

Expenses $36.8k (2024)

Total Assets $1.54M (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

Revenue

$271k (2024)

Expenses

$36.8k (2024)

Total Assets

$1.54M (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007