Comunita Giovanile San Michele Inc
- Assets
- $8.7m
- Revenue
- $708.8k
- Investments
- $8.1m
- Employees
- 0
- Location
- Jericho, NY
- Founding
- 10/1963
- Data as of
- 07/2021
- EIN
- 13-6102743
Organization Overview
Comunita Giovanile San Michele Inc is located in Jericho, NY. The organization was established in 1963. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Comunita Giovanile San Michele 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 07/2021, Comunita Giovanile San Michele Inc generated $708.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $530.0k during the year ending 07/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Giorgio Andrea Franchetti Director | 0.25 | $0 | |
Carlo Stefano Franchetti Director | 0.25 | $0 | |
Cody Eduardo Franchetti Director | 0.25 | $0 | |
Martin Hall Treas, Director | 1 | $0 | |
Geoffrey M Mason Secy,director | 0.25 | $0 | |
Maria Giulia Senni Vice President, Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $234,279 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $474,473 |
| Capital Gain Net Income | $474,473 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $708,752 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $12,306 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $750 |
| Total operating and administrative expenses | $69,392 |
| Contributions, gifts, grants paid | $460,598 |
| Total expenses and disbursements | $529,990 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $234,325 |
| 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 | $8,142,730 |
| Net Land, buildings, and equipment | $274,942 |
| Other assets | $0 |
| Total assets | $8,651,997 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Comunita Giovanile San Michele Inc has awarded $888,085 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
ASSOCCRISTIANA PER LE ATTIVITA DELLA GIOVENTU COMUNITA GIOVANILE SAN MICHE PURPOSE: TO SUPPORT ATHLETIC, RECREATIONAL, CULTURAL, RELIGIOUS, AND WELFARE PROGRAMS FOR YOUTH IN FLORENCE, ITALY. | $232,963 |
ASSOCCRISTIANA PER LE ATTIVITA DELLA GIOVENTU COMUNITA GIOVANILE SAN MICHE PURPOSE: TO SUPPORT ATHLETIC, RECREATIONAL, CULTURAL, RELIGIOUS, AND WELFARE PROGRAMS FOR YOUTH IN FLORENCE, ITALY. | $227,635 |
ASSOCIAZIONE CRISTIANA COMUNITA GIOVANILE SAN MICHELE-ITALY PURPOSE: TO SUPPORT ATHLETIC, RECREATIONAL, CULTURAL, RELIGIOUS, AND WELFARE PROGRAMS FOR YOUTH IN FLORENCE, ITALY. | $215,693 |
ASSOCIAZIONE CRISTIANA COMUNITA GIOVANILE SAN MICHELE-ITALY PURPOSE: TO SUPPORT ATHLETIC, RECREATIONAL, CULTURAL, RELIGIOUS, AND WELFARE PROGRAMS FOR YOUTH IN FLORENCE, ITALY. | $211,794 |
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Tiger Baron Foundation Inc New York, NY | $135,800,192 | $10,090,454 |
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