Js Pannullo Foundation Inc is located in East Rockaway, NY. The organization was established in 2014. According to its NTEE Classification (O99) the organization is classified as: Youth Development N.E.C., under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Js Pannullo 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 12/2023, Js Pannullo Foundation Inc generated $18.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (15.3%) each year. All expenses for the organization totaled $34.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Js Pannullo Foundation Inc has awarded 104 individual grants totaling $146,136. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATIONS TO 501 C 3 ORGANIZATIONS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joseph S Pannullo Chair | 20 | $0 | |
Stephen A Bonfa ESQ Co Chair | 20 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $27,375 |
Interest on Savings | $0 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$9,199 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $277 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $18,176 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $8,372 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $8,872 |
Contributions, gifts, grants paid | $25,500 |
Total expenses and disbursements | $34,372 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $43,662 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $384,515 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, Js Pannullo Foundation Inc has awarded $25,500 in support to 17 organizations.
Grant Recipient | Amount |
---|---|
BOYS TOWN PURPOSE: TO ACHIEVE ITS EXEMPT PURPOSE | $1,500 |
CATHOLIC BISHOPS OF NORTHERN ALASKA PURPOSE: TO ACHIEVE ITS EXEMPT PURPOSE | $1,500 |
CATHOLIC MEDICAL MISSION BOARD PURPOSE: TO ACHIEVE ITS EXEMPT PURPOSE | $1,500 |
CATHOLIC RELIEF SERVICES PURPOSE: TO ACHIEVE ITS EXEMPT PURPOSES | $1,500 |
COVENANT HOUSE PURPOSE: TO ACHIEVE ITS EXEMPT PURPOSE | $1,500 |
FOOD BANK FOR NYC PURPOSE: TO ACHIEVE ITS EXEMPT PURPOSES | $1,500 |