Lauren And Emily Failla Foundation Inc
- Assets
- $225.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Morristown, NJ
- Founding
- 04/2011
- Data as of
- 12/2022
- EIN
- 27-3308999
Organization Overview
Lauren And Emily Failla Foundation Inc is located in Morristown, NJ. The organization was established in 2011. According to its NTEE Classification (T30) the organization is classified as: Public 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. Lauren And Emily Failla 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 12/2022, Lauren And Emily Failla Foundation Inc generated $14.2k 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 (32.3%) each year. All expenses for the organization totaled $12.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Failla Trustee CFO | 5 | $0 | |
Kay Failla Trustee | 5 | $0 | |
Richard Demaio Treasurer | 3 | $0 | |
Shannon Hilliard Secretary | 1 | $0 | |
Kathy Hughes Trustee | 1 | $0 | |
Danielle Merzatta Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,741 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,462 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $14,203 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $182 |
| Other expenses | $152 |
| Total expenses | $12,334 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $225,622 |
| Other assets | $0 |
| Total assets | $225,622 |
| Total liabilities | $0 |
| Net assets or fund balances | $225,622 |