Lea Marie Faraone Foundation To Assist Children Living With Chroni
- Assets
- $114.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Towson, MD
- Founding
- 02/2019
- Data as of
- 12/2023
- EIN
- 83-2958384
Organization Overview
Lea Marie Faraone Foundation To Assist Children Living With Chroni is located in Towson, MD. The organization was established in 2019. According to its NTEE Classification (G12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lea Marie Faraone Foundation To Assist Children Living With Chroni 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, Lea Marie Faraone Foundation To Assist Children Living With Chroni generated $46.3k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.4%) each year.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
HELPING FAMILIES WITH CHILDREN WITH CF TO EDUCATE THEM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Henry Faraone President | 10 | $0 | |
Laura Odonnell Secretary-Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,590 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $27,689 |
| Other Revenue | $0 |
| Total Revenue | $46,279 |
| 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 | $6,577 |
| Occupancy, rent, utilities, and maintenance | $71 |
| Printing, publications, postage, and shipping | $1,380 |
| Other expenses | $25,846 |
| Total expenses | $45,871 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $114,351 |
| Other assets | $0 |
| Total assets | $114,351 |
| Total liabilities | $0 |
| Net assets or fund balances | $114,351 |