Nobilo Foundation Inc
- Assets
- $348.9k
- Revenue
- $182.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Cleveland, OH
- Founding
- 08/2012
- Data as of
- 12/2021
- EIN
- 45-3454562
Organization Overview
Nobilo Foundation Inc is located in Cleveland, OH. The organization was established in 2012. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nobilo 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, Nobilo Foundation Inc generated $182.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $161.1k during the year ending 12/2021. While expenses have increased by 5.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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 PROVIDE CHRISTMAS PRESENTS TO LOCAL UNDERPRIVILEGED CHILDREN
Describe the Organization's Program Activity:
Part 3 - Line 4a
GIFT CARDS TO VARIOUS INDIGENT INDIVIDUALS
DONATION TO SUPPORT OUR SCHOLARS A NON-PROFIT THAT PROVIDES FINANCIAL AND EMOTIONAL SUPPORT TO DISADVANTAGED YOUNG WOMEN WITH EXTRAORDINARY POTENTIAL DURING THEIR COLLEGE JOURNEY.
DONATION TO SALTY RIDE ELEMENTARY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Selena Nobilo Vice President And Directo | OfficerTrustee | 0 | $0 |
Del Cragin Treasurer And Director | OfficerTrustee | 0 | $0 |
Michelle Bentubo Secretary And Director | OfficerTrustee | 0 | $0 |
Frank Nobilo President | Officer | 0 | $0 |
Dave Lightner Director | Trustee | 0 | $0 |
Steve Sands Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $68,511 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $68,511 |
| Total Program Service Revenue | $0 |
| Investment income | $195 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $113,361 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $182,067 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $15,981 |
| Grants and other assistance to domestic individuals. | $135,590 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $161,074 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $295,979 |
| Savings and temporary cash investments | $13,102 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $39,775 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $348,856 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $348,856 |
| Total liabilities and net assets/fund balances | $348,856 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Nobilo Foundation Inc has recieved totaling $6,232.
| Awarding Organization | Amount |
|---|---|
Heart Of Florida United Way Orlando, FL PURPOSE: COMMUNITY BENEFIT | $6,232 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Upcap Services Inc Escanaba, MI | $35,179,292 | $33,596,590 |
Ecumenical Enterprises Inc Dallas, PA | $29,362,494 | $14,819,334 |
Rocket Giving Fund Detroit, MI | $2,590,205 | $13,264,068 |
The Foundation For Enhancing Communities Harrisburg, PA | $107,592,484 | $47,434,480 |
Shear Family Foundation Inc Pittsburgh, PA | $193,925,105 | $4,615,784 |
Veterans Of Foreign Wars Of Ohio Charities Columbus, OH | $6,551,466 | $8,213,931 |
Rite Aid Healthy Futures Camp Hill, PA | $33,191,715 | $15,687,011 |
Alleghenies United Cerebral Palsy Johnstown, PA | $2,752,154 | $5,551,260 |
1889 Foundation Inc Johnstown, PA | $14,509,819 | $2,616,006 |
Christian Family Services Management Corporation New Wilmington, PA | $80,504,309 | $10,725,509 |
Methodist Home For Children Resources Philadelphia, PA | $3,677,128 | $2,957,972 |
Asias Hope Columbus, OH | $3,429,786 | $3,149,980 |