Fidelitone Employee Charity
- Assets
- $3.0k
- Revenue
- $20.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Wauconda, IL
- Founding
- 04/2017
- Data as of
- 12/2022
- EIN
- 81-3838891
Organization Overview
Fidelitone Employee Charity is located in Wauconda, IL. The organization was established in 2017. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fidelitone Employee Charity 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, Fidelitone Employee Charity generated $20.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $28.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIP PROGRAM FOR ELIGIBLE STUDENTS OF FIDELITONE EMPLOYEES.
DONATIONS TO VARIOUS CHARITABLE ORGANIZATIONS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ross Hudson President | 1 | $0 | |
Robert J Johnson Vice-President | 1 | $0 | |
Joe Giglio Secretary | 1 | $0 | |
Ross Hudson Treasurer | 1 | $0 | |
Ross Hudson Director | 1 | $0 | |
Robert J Johnson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $20,280 |
| Interest on Savings | $7 |
| Dividends & Interest | $341 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$129 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $20,499 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $72 |
| Total operating and administrative expenses | $72 |
| Contributions, gifts, grants paid | $28,250 |
| Total expenses and disbursements | $28,322 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1 |
| Savings and temporary cash investments | $3,016 |
| 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 | $3,017 |
| 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 |
Grants Awarded
Over the last fiscal year, Fidelitone Employee Charity has awarded $28,250 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
BRANDON WHITE PURPOSE: UNIVERSITY OF PHOENIX TUITION ASSISTANCE | $2,000 |
ALEXIS CALDERON PURPOSE: FORT LEWIS COLLEGE TUITION ASSISTANCE | $1,000 |
AUSTIN KERR PURPOSE: FLORIDA STATE UNIVERSITY TUITION ASSISTANCE | $2,000 |
CORY MOROCCO PURPOSE: ESTRELLA MOUNTAIN COMMUNITY COLLEGE TUITION ASSISTANCE | $500 |
FAUSTO ORTIZ PURPOSE: UNIVERSITY OF NEW MEXICO TUITION ASSISTANCE | $2,000 |
HANNAH DIEDRICH PURPOSE: ILLINOIS STATE UNIVERSITY TUITION ASSISTANCE | $12,000 |