Guarini Legacy Corp
- Assets
- $3.3m
- Revenue
- $218.7k
- Investments
- $3.3m
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 11/2018
- Data as of
- 12/2023
- EIN
- 82-3571433
Organization Overview
Guarini Legacy Corp is located in Las Vegas, NV. The organization was established in 2018. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Guarini Legacy Corp 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, Guarini Legacy Corp generated $218.7k 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 (4.9%) each year. All expenses for the organization totaled $156.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Guarini Legacy Corp has awarded 58 individual grants totaling $224,557. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George Guarini President & CEO | 0 | $0 | |
Nicole Guarini Secretary | 0 | $0 | |
Chris Guarini CFO | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $156,977 |
| Interest on Savings | $39 |
| Dividends & Interest | $59,125 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,600 |
| Capital Gain Net Income | $2,600 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $218,741 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $445 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $20,578 |
| Printing and publications | $0 |
| Other expenses | $1 |
| Total operating and administrative expenses | $23,424 |
| Contributions, gifts, grants paid | $132,714 |
| Total expenses and disbursements | $156,138 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,629 |
| Savings and temporary cash investments | $7 |
| 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 | $3,291,132 |
| 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, Guarini Legacy Corp has awarded $132,714 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
TOUCH INC PURPOSE: CONTRIBUTION TO GENERAL FUND | $5,000 |
ST ALBERT CHURCH PURPOSE: CONTRIBUTION TO GENERAL FUND | $2,500 |
GOODIE TWO SHOES FOUNDATION PURPOSE: CONTRIBUTION TO GENERAL FUND | $4,500 |
GUARDIAN ANGEL CATHEDRAL PURPOSE: CONTRIBUTION TO GENERAL FUND | $7,500 |
IMMACULATE CONCEPTION CHURCH PURPOSE: CONTRIBUTION TO GENERAL FUND | $1,500 |
LAS VEGAS PHILIPPINE MEDICAL MISSIO PURPOSE: CONTRIBUTION TO GENERAL FUND | $5,000 |