Fabretto Childrens Foundation Inc is located in Evanston, IL. The organization was established in 1993. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Fabretto Childrens Foundation Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fabretto Childrens 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 12/2021, Fabretto Childrens Foundation Inc generated $3.3m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $3.6m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO EMPOWER UNDERSERVED CHILDREN AND THEIR FAMILIES IN NICARAGUA THROUGH EDUCATION AND NUTRITION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FABRETTO OFFERS AN INTEGRAL, QUALITY EDUCATION TO MORE THAN 54,648 CHILDREN AND YOUTH IN NICARAGUA, PROMOTING THE PARTICIPATION OF PARENTS, TEACHERS, AND COMMUNITY LEADERS, WHO COLLABORATE TOWARDS CREATING AN ENVIRONMENT IN WHICH CHILDREN CAN THRIVE. IN ORDER TO EMBRACE THE THREE MAIN STAGES OF LIFE IN HUMAN DEVELOPMENT (INFANCY, CHILDHOOD, ADOLESCENCE), FABRETTO IMPLEMENTS THREE STRATEGIC EDUCATIONAL PROGRAMS: EARLY EDUCATION, PRIMARY EDUCATION, AND TECHNICAL VOCATIONAL EDUCATION. THESE PROGRAMS HAVE BEEN RECOGNIZED INTERNATIONALLY BY ENTITIES LIKE LEGO FOUNDATION, ASHOKA, AND WORLD INNOVATION SUMMIT FOR EDUCATION (WISE). IN ADDITION, FABRETTO IMPLEMENTS CROSS-CUTTING INITIATIVES FOCUSED ON HEALTH AND FOOD SECURITY, GENDER EQUALITY, VIOLENCE PREVENTION, COMMUNITY DEVELOPMENT, CONSERVATION OF THE ENVIRONMENT, AS WELL AS UNIVERSAL AND CHRISTIAN VALUES.1. EARLY EDUCATION PROGRAMTHE EARLY EDUCATION PROGRAM'S OBJECTIVE IS TO PROVIDE CHILDREN AGES 0-6 WITH THE ATTENTION, STIMULATION, AND NUTRITION THEY NEED TO SUCCEED AT THE PRIMARY LEVEL AND BEYOND. THE PROGRAM SUPPORTS CHILDREN'S HOLISTIC DEVELOPMENT AND EARLY LEARNING, HELPING CHILDREN TO MEET KEY MILESTONES IN ACCORDANCE WITH THEIR DEVELOPMENTAL STAGE.THROUGH THE PROGRAM, CHILDREN FROM 0 TO 6 YEARS OF AGE DEVELOP SKILLS IN AREAS OF PERSONAL AND SOCIAL FORMATION IN ORDER TO GRADUALLY BUILD AWARENESS OF THEIR EXISTENCE AS INDEPENDENT PERSONS BELONGING TO A FAMILY, A COMMUNITY, AND TO ONE WORLD. COMMUNICATION IS ALSO DEVELOPED TO EXCHANGE IDEAS, FEELINGS, AND EMOTIONS WITH OTHERS AND TO ENCOURAGE THE DEVELOPMENT OF COGNITIVE PROCESSES THAT FAVOR LEARNING. FABRETTO AIMS TO PROMOTE THE TRANSITION TO THE NEXT EDUCATIONAL STAGES FOR CHILDREN IN VULNERABLE SITUATIONS, HIGHLIGHTING THE EDUCATIONAL ROLE OF THE FAMILY, THE COMMUNITY, AND THE TEAM OF TEACHERS WHO GUARANTEE QUALITY EDUCATION BY PARTICIPATING IN EXTENSIVE TRAINING AND WORKSHOPS.PROGRAM INITIATIVES:- PARENT TRAINING ON EARLY STIMULATION, AS WELL AS HEALTH AND NUTRITION EDUCATION, HELD IN HOMES AND COMMUNITY CENTERS.- TEACHER TRAINING ON EARLY LITERACY METHODOLOGIES.- SUPPORT WITH SCHOOL SUPPLIES FOR RURAL PUBLIC PRESCHOOLS.- CHILD NUTRITION SUPPORT THROUGH SCHOOL MEALS, FOOD SUPPLEMENTS, VITAMINS, AND MORE. 2. PRIMARY EDUCATIONPRIMARY EDUCATION IS A FUNDAMENTAL HUMAN RIGHT, CONTRIBUTING TO THE MITIGATION OF CHILD LABOR, AS WELL AS ALLOWING INDIVIDUALS TO PLAY AN ACTIVE ROLE IN SOCIETY. THE GOAL OF THE PROGRAM IS TO HELP PRIMARY STUDENTS FROM UNDERSERVED COMMUNITIES DEVELOP THEIR FULL POTENTIAL THROUGH PERSONALIZED, AGE-APPROPRIATE TEACHING METHODOLOGIES. IT AIMS TO CONTRIBUTE TO THE REDUCTION OF EDUCATIONAL GAPS BY PROMOTING THE DEVELOPMENT OF LIFE SKILLS SUCH AS LITERACY, LOGICAL-MATHEMATICAL REASONING, AS WELL AS CRITICAL AND CREATIVE THINKING. THROUGH PLAY-BASED METHODOLOGIES, FABRETTO TEACHERS STIMULATE THE LEARNING PROCESS FOR SUCCESSFULLY ACHIEVING THE NEXT STAGE OF EDUCATION.PROGRAM INITIATIVES:- AFTER-SCHOOL ENRICHMENT ACTIVITIES THAT FOCUS ON READING, MATH, WRITING, AND SOCIO-EMOTIONAL DEVELOPMENT.- TEACHER TRAINING ON PLAY-BASED, INNOVATIVE METHODOLOGIES SUCH AS OPEN LEARNING.- PARENT TRAINING ON STRATEGIES TO SUPPORT CHILDREN'S EDUCATION, NUTRITION, AND FOOD SECURITY.- SUPPORT WITH SCHOOL SUPPLIES FOR PUBLIC PRIMARY SCHOOLS.- CHILD NUTRITION SUPPORT THROUGH SCHOOL MEALS, FOOD SUPPLEMENTS, VITAMINS, AND MORE. - LITERACY PROMOTION THROUGH READING CLUBS, FAIRS, MOBILE LIBRARIES, AMONG OTHERS.- ONGOING EVALUATION OF STUDENT READING, WRITING, AND MATHEMATICAL SKILLS.3. TECHNICAL VOCATIONAL EDUCATION FABRETTO RECOGNIZES THE NEED TO CONNECT VOCATIONAL TECHNICAL TRAINING TO THE WORLD OF LABOR, TECHNOLOGICAL PROGRESS, AND COMMUNITY DEVELOPMENT PROCESSES IN GENERAL. FOR THIS REASON, THROUGH THE TECHNICAL EDUCATION PROGRAM, FABRETTO EMPOWERS YOUTH AND THEIR FAMILIES WITH THE NECESSARY SKILLS TO DEVELOP AND SUSTAIN THEIR LIVELIHOODS THAT, IN TURN, ALLOW THEM TO BREAK THE CYCLE OF POVERTY.IN ORDER TO MAKE THE MOST OF ITS POTENTIAL, VOCATIONAL-TECHNICAL TRAINING AT FABRETTO IS CLOSELY LINKED TO THE STUDY AND ADOPTION OF TECHNOLOGIES, AS WELL AS TO THE ACQUISITION OF PRACTICAL KNOWLEDGE, THEORY, AND SKILLS RELATED TO ECONOMIC AND SOCIAL TRENDS, RECOGNIZING WORK EXPERIENCE IN ITSELF AS A PART OF LEARNING. IN ADDITION, FABRETTO HAS TAKEN A STEP TOWARDS "LEARNING BY EARNING," LINKING STUDENTS AND SMALL PRODUCERS IN RURAL AREAS TO VALUE CHAINS, THROUGH ITS OFFER OF TRAINING IN ENTREPRENEURSHIP, ACCESS TO A REVOLVING CREDIT FUND, AND THE FORMATION OF STRATEGIC ALLIANCES WITH BUYERS AND OTHER FACTORS IN VALUE CHAINS SUCH AS COFFEE, CHIA, AND HONEY.PROGRAM INITIATIVES:- IMPLEMENTATION OF SAT AND SATEC, AN ALTERNATIVE PROGRAM OF SECONDARY EDUCATION AND TECHNICAL TRAINING WITH A FOCUS ON LEARNING BY DOING AND LEARNING BY EARNING FOR RURAL YOUTH WITH LIMITED ACCESS TO EDUCATION. THE PROGRAM IS BASED ON THE INTERNATIONALLY RENOWNED METHODOLOGY CALLED TUTORIAL LEARNING SYSTEM (SAT IN SPANISH).- TECHNICAL AND VOCATIONAL COURSES THAT ALLOW YOUTH TO GENERATE INCOME AND CONTRIBUTE TO THEIR FAMILY'S ECONOMY, INCLUDING COURSES IN BEEKEEPING, ENTREPRENEURSHIP, COMPUTING, GRAPHIC DESIGN, ARTISANAL AGROINDUSTRY, JEWELRY-MAKING, AND MORE.- FORMATION OF 4-H CLUBS.- PROMOTION OF ENTREPRENEURSHIP INITIATIVES WITH SPECIAL SUPPORT FOR RURAL AND/OR LOW-INCOME WOMEN.- ENGLISH COURSES, INCLUDING THE IMPLEMENTATION OF THE ACCESS MICROSCHOLARSHIP PROGRAM, AN INTENSIVE ENGLISH COURSE.- CREATION OF COMMUNITY BANKS AND DIVERSIFIED PRODUCTIVE INITIATIVES IN BENEFICIARY COMMUNITIES.- LINKING YOUTH AND THEIR FAMILIES TO MARKETS AND VALUE CHAINS TO IMPROVE THEIR LIVELIHOODS AND CONTRIBUTE TO THE ECONOMIC DEVELOPMENT OF THEIR COMMUNITIES.- MANAGEMENT OF A REVOLVING CREDIT FUND FOR SMALL PRODUCERS AND ENTREPRENEURS.- INTERNSHIPS IN ORDER TO FACILITATE ACCESS TO WORK EXPERIENCE AND EMPLOYMENT OPPORTUNITIES FOR YOUTH.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kevin Marinacci CEO | Officer | 40 | $94,000 |
Anina Hewey Program Director | Officer | 40 | $38,400 |
Daniel Blandon Finance Director | Officer | 40 | $12,000 |
Carl Marinacci Chairman, Emeritus | OfficerTrustee | 2 | $0 |
William Glastris Chairman | OfficerTrustee | 2 | $0 |
Ian Knox Treasurer | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $613,033 |
Related organizations | $0 |
Government grants | $149,634 |
All other contributions, gifts, grants, and similar amounts not included above | $2,502,942 |
Noncash contributions included in lines 1a–1f | $422,869 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,265,609 |
Total Program Service Revenue | $0 |
Investment income | $18,431 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $34,075 |
Net Income from Fundraising Events | -$7,500 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $1,944 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,318,965 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $2,859,642 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $146,800 |
Compensation of current officers, directors, key employees. | $37,960 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $199,464 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $35,604 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $63,344 |
Advertising and promotion | $45,711 |
Office expenses | $85,191 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $15,957 |
Travel | $2,176 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $7,129 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $26,736 |
Insurance | $9,951 |
All other expenses | $4,090 |
Total functional expenses | $3,565,525 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $568,183 |
Savings and temporary cash investments | $28,199 |
Pledges and grants receivable | $137,116 |
Accounts receivable, net | $5,996 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $16,250 |
Net Land, buildings, and equipment | $647,071 |
Investments—publicly traded securities | $681,896 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $472,535 |
Total assets | $2,557,246 |
Accounts payable and accrued expenses | $93,421 |
Grants payable | $0 |
Deferred revenue | $130,323 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $189,002 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $412,746 |
Net assets without donor restrictions | $1,747,428 |
Net assets with donor restrictions | $397,072 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $2,557,246 |
Over the last fiscal year, we have identified 22 grants that Fabretto Childrens Foundation Inc has recieved totaling $462,786.
Awarding Organization | Amount |
---|---|
Palmer Foundation Oakton, VA PURPOSE: GENERAL | $60,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: INTERNATIONAL, FOREIGN AFFAIRS | $55,000 |
The Mortenson Family Foundation Minneapolis, MN PURPOSE: FABRETTOS MISSION IS TO EMPOWER UNDERSERVED CHILDREN AND THEIR FAMILIES IN NICARAGUA TO REACH THEIR FULL POTENTIAL, IMPROVE THEIR LIVELIHOODS, AND TAKE ADVANTAGE OF ECONOMIC OPPORTUNITY THROUGH EDUCATION. | $50,000 |
Ezulwini Foundation Inc Wilmington, DE PURPOSE: TOLA STUDENTS SCHOLARSHIP FUND | $50,000 |
Globalgiving Foundation Inc Washington, DC PURPOSE: FUNDS RAISED BY GLOBALGIVING AND DISBURSED TO MEET DONOR EXPECTATIONS | $40,093 |
Pulte Family Charitable Foundation Boca Raton, FL PURPOSE: TO SUPPORT EDUCATIONAL PROGRAMMING FOR PARENTS, TEACHERS, AND CHILDREN IN RURAL NICARAGUA | $30,000 |
Beg. Balance | $699,540 |
Earnings | $52,506 |
Other Expense | $18,431 |
Ending Balance | $733,615 |
Organization Name | Assets | Revenue |
---|---|---|
Nph-Usa Chicago, IL | $9,523,398 | $16,657,427 |
One Collective Nfp Elgin, IL | $3,863,320 | $13,470,210 |
International Disaster Emergency Service Inc Noblesville, IN | $11,197,489 | $11,811,244 |
One World Surgery Deerfield, IL | $14,992,462 | $10,254,872 |
Meds & Food For Kids St Louis, MO | $9,342,329 | $4,463,955 |
Destiny Rescue Usa Inc Fort Wayne, IN | $2,159,510 | $4,562,393 |
Certell Inc Indianapolis, IN | $2,456,190 | $3,831,177 |
International Call Organization Inc Bridgeview, IL | $172,328 | $3,856,996 |
Heroic Hearts Organization Nfp Wheaton, IL | $2,259,688 | $4,346,155 |
Fabretto Childrens Foundation Inc Evanston, IL | $2,557,246 | $3,318,965 |
Project Peanut Butter Maplewood, MO | $330,911 | $3,451,055 |
Refushe Inc Chicago, IL | $1,774,493 | $2,727,834 |