Stark County Italian American Festival Foundation Inc
- Assets
- $66.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Canton, OH
- Founding
- 04/1990
- Data as of
- 08/2023
- EIN
- 34-1544253
Organization Overview
Stark County Italian American Festival Foundation Inc is located in Canton, OH. The organization was established in 1990. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stark County Italian American Festival 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 08/2023, Stark County Italian American Festival Foundation Inc generated $36.9k 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 (8.5%) each year. All expenses for the organization totaled $29.3k during the year ending 08/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
WE RAISE FUNDS TO AWARD SCHOLARSHIPS TO STARK COUNTY HIGH SCHOOL GRADUATES OF ITALIAN DESCENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dominic Bagnoli President | 5 | $0 | |
Margaret Storey Vice President | 5 | $0 | |
Matthew Carona Treasurer | 5 | $0 | |
Angela Forchione Secretary | 5 | $0 | |
Andrew Pileggi Trustee | 5 | $0 | |
Nick Storey Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,252 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $339 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$16,704 |
| Other Revenue | $0 |
| Total Revenue | $36,887 |
| 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 | $7,430 |
| Printing, publications, postage, and shipping | $2,729 |
| Other expenses | $11,155 |
| Total expenses | $29,337 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $66,394 |
| Other assets | $0 |
| Total assets | $66,394 |
| Total liabilities | $0 |
| Net assets or fund balances | $66,394 |