Father Fame Foundation Inc
- Assets
- $96.8k
- Revenue
- $442.0
- Investments
- $0.0
- Employees
- 0
- Location
- Freehold, NJ
- Founding
- 01/1997
- Data as of
- 12/2021
- EIN
- 13-3912268
Organization Overview
Father Fame Foundation Inc is located in Freehold, NJ. The organization was established in 1997. According to its NTEE Classification (A65) the organization is classified as: Theater, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Father Fame Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Father Fame Foundation Inc generated $442.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (42.0%) each year. All expenses for the organization totaled $3.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (35.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
PRODUCTION OF THE MUSICAL "FAME FOREVER" WHICH WILL, AS IS THE ORGANIZATION'S MISSION, FOSTER THE APPRECIATION OF THEATRE ARTS BY YOUNG ADULTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David DE Silva Director / President | 0.25 | $0 | |
Leigh A Giroux Director / Treasurer | 0.25 | $0 | |
Dan Shaheen Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $442 |
| Total Revenue | $442 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $408 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $530 |
| Total operating and administrative expenses | $3,120 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $3,120 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $96,818 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $96,818 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $18,946 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $18,946 |