Galileo Foundation Us Inc is located in Los Angeles, CA. The organization was established in 2020. According to its NTEE Classification (I70) the organization is classified as: Protection Against Abuse, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Galileo Foundation Us 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 12/2021, Galileo Foundation Us Inc generated $172.5k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 15.3% each year . All expenses for the organization totaled $171.8k during the year ending 12/2021. While expenses have increased by 19.1% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE GALILEO FOUNDATION USA RAISES MONEY TO SUPPORT THE PROJECTS OF HIS HOLINESS POPE FRANCIS AND THE HOLY SEE, PARTICULARLY PROJECTS WHICH COMBAT HUMAN TRAFFICKING AND WHICH PROMOTE INTER FAITH DIALOG AND COLLABORATION FOR THE BETTERMENT OF THE HUMAN FAMILY
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN THE YEAR 2021, OUR ACTIVITIES WERE SEVERELY REDUCED BECAUSE OF COVID 19. OUR DONOR FACING WORK ALMOST CEASED, BUT WE WERE STILL ABLE TO JOIN WITH OUR UK SISTER ORGANIZATION TO SUPPORT VARIOUS ON GOING PROJECTS THROUGH A SMALL NUMBER OF GRANTS,
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Mccaffrey CEO | Officer | 20 | $0 |
Eric Siddall Trustee | Trustee | 5 | $0 |
Lillian Heidenberg Trustee | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $172,496 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $172,496 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $172,496 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $123,465 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $46,541 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,827 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $171,833 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $39,790 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $39,790 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $39,790 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $39,790 |
Over the last fiscal year, we have identified 1 grants that Galileo Foundation Us Inc has recieved totaling $100,000.
Awarding Organization | Amount |
---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $100,000 |
Organization Name | Assets | Revenue |
---|---|---|
Family Assistance Program Victorville, CA | $3,323,858 | $6,908,911 |
Empower Tehama Red Bluff, CA | $5,448,188 | $4,978,497 |
Stand For Families Free Of Violence Concord, CA | $4,240,745 | $4,299,372 |
My Sisters House Sacramento, CA | $2,812,312 | $3,443,405 |
Family Violence Appellate Project Oakland, CA | $2,924,576 | $1,999,277 |
Love Never Fails Dublin, CA | $715,608 | $1,083,887 |
Restore International San Diego, CA | $6,265,672 | $2,093,116 |
New Priorities Family Services Redmond, OR | $220,642 | $867,910 |
Childrens Advocacy Alliance Las Vegas, NV | $1,021,005 | $699,769 |
Solano Advocates For Victims Of Violence Vacaville, CA | $181,097 | $782,948 |
Bloom365 Inc Peoria, AZ | $312,304 | $766,575 |
Family Justice Center Of Washington County Beaverton, OR | $887,845 | $862,881 |