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.
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 |
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 |