San Gennaro Foundation-Seattle is located in Kent, WA. The organization was established in 2013. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. San Gennaro Foundation-Seattle 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, San Gennaro Foundation-Seattle generated $64.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (8.4%) each year. All expenses for the organization totaled $66.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (8.1%) per year over the past 5 years. 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
2022
Describe the Organization's Program Activity:
Part 3
THE SAN GENNARO FOUNDATION IS A NON-PROFIT ORGANIZATION, CREATED IN 2013 TO HONOR ST GENNARO, THE PATRON SAINT OF NAPLES, AND HIS COMMITMENT TO HELP PEOPLE IN NEED. IT IS THE GOAL OF THE FOUNDATION TO RAISE MONEY THROUGH EVENTS SUCH AS THE SAN GENNARO FESTIVAL, WHICH CELEBRATES THE PATRON SAINT OF NAPLES, THE BLOOD MIRACLE OF ST. GENNARO, AND THE CONTRIBUTION OF ITALIAN AMERICANS TO THE NORTHWEST. WE ARE PLANNING A FUN FILLED EVENT WITH PLENTY OF ENTERTAINMENT, GREAT FOOD, AND INTERESTING EXHIBITS. WE WILL ALSO HAVE THE PARTICIPATION OF THE PUGET SOUND BLOOD CENTER AND WILL HOLD A BLOOD DRIVE DURING THE EVENT, IN HONOR OF THE BLOOD MIRACLE OF ST GENNARO. EACH YEAR THE FOUNDATION CHOOSES LOCAL CHARITIES TO DONATE A PORTION OF THE PROCEEDS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Angela Koumriqian President | 5 | $0 | |
Jerry Mascio Director | 5 | $0 | |
Brianna Chiodo Vice President | 4 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $24,314 |
Total Program Service Revenue | $40,299 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $64,613 |
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 | $500 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $65,887 |
Total expenses | $66,387 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $25,779 |
Other assets | $0 |
Total assets | $25,779 |
Total liabilities | $0 |
Net assets or fund balances | $25,779 |