Brancati Foundation
- Assets
- $51.9k
- Revenue
- $28.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Las Cruces, NM
- Founding
- 01/2011
- Data as of
- 12/2021
- EIN
- 27-1876725
Organization Overview
Brancati Foundation is located in Las Cruces, NM. The organization was established in 2011. According to its NTEE Classification (B92) the organization is classified as: Remedial Reading & Encouragement, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brancati Foundation 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, Brancati Foundation generated $28.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 53.5% each year . All expenses for the organization totaled $670.0 during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gregory Blanch President | 0 | $0 | |
Roberta Stathis Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $27,994 |
| Interest on Savings | $195 |
| 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 | $0 |
| Total Revenue | $28,189 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $160 |
| Total operating and administrative expenses | $170 |
| Contributions, gifts, grants paid | $500 |
| Total expenses and disbursements | $670 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,207 |
| Savings and temporary cash investments | $48,679 |
| 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 | $51,886 |
| 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, Brancati Foundation has awarded $350 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
BICYCLE RUIDOSO PURPOSE: SPONSOR | $250 |
SNMSF PURPOSE: SPONSOR | $100 |
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