Fledgling Fund
- Assets
- $4.8m
- Revenue
- $83.6k
- Investments
- $3.6m
- Employees
- 0
- Location
- Hyannis, MA
- Founding
- 06/2007
- Data as of
- 12/2022
- EIN
- 20-2450707
Organization Overview
Fledgling Fund is located in Hyannis, MA. The organization was established in 2007. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Fledgling Fund 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 12/2022, Fledgling Fund generated $83.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (39.5%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LORD'S PLACE TRANSFORMS LIVES BY PROVIDING SOLUTIONS THAT BREAK THE CYCLE OF HOMELESSNESS FOR THE MOST VULNERABLE AND NEGLECTED IN PALM BEACH COUNTY.
MIRACLE FEET PROVIDES ACCESS TO TREATMENT FOR CHILDREN WITH CLUBFOOT PHYSICAL DISABLITY.
HARVARD SCHOOL OF PUBLIC HEALTH'S MISSION IS TO ADVANCE THE PUBLIC'S HEALTH THROUGH LEARNING, DISCOVERY, AND COMMUNICATION, BY BRINGING TOGETHER EXPERTS FROM MANY DISCIPLINES TO EDUCATE THE NEXT GENERATION OF GLOBAL HEALTH LEADERS.
DOC SOCIETY INC IS A GLOBAL NON-PROFIT FOUNDED IN 2005 COMMITTED TO ENABLING GREAT DOCUMENTARY FILMS AND CONNECTING THEM TO AUDIENCES GLOBALLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diana Barrett Pres., Dir., | 0 | $135,457 | |
Christopher Vila Dir., VP | 0 | $0 | |
Robert Vila Dir., Vp, Tr | 0 | $0 | |
Susannah Vila Dir., VP | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Northern Trust | 12/30/20 | $92,671 |
Foundation Source | 12/30/20 | $60,038 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $19,572 |
| Dividends & Interest | $158,987 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$92,314 |
| Capital Gain Net Income | $1,371 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$2,663 |
| Total Revenue | $83,582 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $135,457 |
| Other employee salaries and wages | $140,835 |
| Pension plans, employee benefits | $16,068 |
| Interest | $0 |
| Taxes | $764 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $9,197 |
| Printing and publications | $0 |
| Other expenses | $23,492 |
| Total operating and administrative expenses | $325,813 |
| Contributions, gifts, grants paid | $998,058 |
| Total expenses and disbursements | $1,323,871 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $656,426 |
| 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 | $500,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $164,647 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $50,228 |
| Total assets | $4,757,405 |
| Accounts payable and accrued expenses | $46,059 |
| 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 | $500,000 |
| Total liabilities | $546,059 |