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Florida · Nonprofit

FORMULA SMILES INC

FORMULA SMILES INC (Florida) receives grants from 1 organization whose IRS filings report $16,976 to it, the largest being JUAN PABLO MONTOYA FAMILY FOUNDATION C/O ALBERT NAON JR ($16,976). 1 of them have funded it in more than one year.

Revenue FY2022
$0
Funders on record
1
Grants received
$17k
Net assets
$5k
1/1 repeat funderspeak grant-dependency 85%
01What it does

What Formula Smiles Inc does

Mission

To improve the quality of life and the surroundings of children with the most crucial needs in colombia by implementing programs that instill values through sports and recreaction. 'providing the children with a reason to smile'

As stated on its FY2022 Form 990.

Programs

  1. To improve the quality of life and the surroundings of children with the most crucial needs in colombia by implementing programs that instill values through sports and recreaction. 'providing the children with a reason to smile'

  2. To improve the quality of life and the surroundings of children with the most crucial needs in colombia by implementing programs that instill values through sports and recreaction. 'providing the children with a reason to smile'

The 2 programs described on its FY2022 Form 990, listed largest first by expense.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($4k) Expenses 100 ($213) Net assets -1300 ($-72683)2018 Revenue 337 ($14k) Expenses 2989 ($6k) Net assets -1171 ($-65470)2019 Revenue 126 ($5k) Expenses 140 ($298) Net assets -1085 ($-60687)2020 Revenue 105 ($4k) Expenses 2461 ($5k) Net assets -201 ($-11218)2021 Revenue 362 ($15k) Expenses 143 ($304) Net assets 100 ($6k)2022 Revenue 0 ($0) Expenses 122 ($259) Net assets 95 ($5k)
201720182019202020212022
Revenue (0)Expenses (122)Net assets (95)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $63k to $80k (+27%).

$57k
$64k
$69k
$63k
$80k
$80k
201720182019202020212022
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
ContributionsProgram revenueInvestmentOther

0% of FORMULA SMILES INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (100% for the typical peer).

This organization
Typical peer · 4,031 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 6 reported years ran a deficit.

$4k
’17
$7k
’18
$5k
’19
−$1k
’20
$14k
’21
−$259
’22
2827
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

201720182019202020212022
Listed333333
Joined·+0+0+0+0+0
No longer listed·00000
03Who funds it

Who funds it, year by year

2018 → 2020: the base held at 1 funder, grant income fell $12k → $3k.

From the IRS filings of FORMULA SMILES INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of FORMULA SMILES INC's grant income comes from Florida funders.

FL

In-state vs out-of-state, by year

’18
’19
’20
Florida out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

FORMULA SMILES INC has grown faster than three-quarters of the 3,102 international nonprofits its size.

Months of reserve2827.3mo · outside the comparable range
Revenue growth (annualized)38% · top quartile

this organization peer median middle 50% of peers· 3,102 international nonprofits under $100k, FY2022

Organizations like FORMULA SMILES INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Florida

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

0% of spending goes to programs.

Program 0%Management 100%Fundraising 0%

Governance

3
board members
0%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for FORMULA SMILES INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds FORMULA SMILES INC?
FORMULA SMILES INC (Florida) receives grants from 1 organization whose IRS filings report $16,976 to it, the largest being JUAN PABLO MONTOYA FAMILY FOUNDATION C/O ALBERT NAON JR ($16,976). 1 of them have funded it in more than one year.
How many funders does FORMULA SMILES INC have?
IRS filings report 1 organization giving $16,976 in grants to FORMULA SMILES INC, 1 of which have funded it in more than one year.
Who is the largest funder of FORMULA SMILES INC?
JUAN PABLO MONTOYA FAMILY FOUNDATION C/O ALBERT NAON JR is the largest funder on record, with $16,976 in grants. The full list of funders is on this page.
How can an organization like FORMULA SMILES INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2022 (financials across 2017–2022), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing