A&b It S All Good Inc
- Assets
- $23.9k
- Revenue
- $169.9k
- Investments
- $0.0
- Employees
- 11
- Location
- Westport, CT
- Founding
- 01/2020
- Data as of
- 12/2022
- EIN
- 84-2346694
Organization Overview
A&b It S All Good Inc is located in Westport, CT. The organization was established in 2020. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. As of 12/2022, A&b It S All Good Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. A&b It S All Good 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 12/2022, A&b It S All Good Inc generated $169.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 35.3% each year . All expenses for the organization totaled $184.9k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE JOB TRAINING AND EMPLOYMENT FOR DEVELOPMENTAL AND INTELLECTUALLY DISABLED ADULTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION IS COMMITTED TO IMPROVING THE LIVELIHOOD OF INDIVIDUALS, FAMILIES, AND COMMUNITIES AFFECTED BY COGNITIVE RESTRAINTS. INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES HAVE THE RIGHT TO WORK IN INTEGRATED SETTINGS WITH NON-DISABLED COLLEAGUES, BE AFFORDED THE SAME WAGES, AND CONTRIBUTE TO SOCIETY IN A MEANINGFUL WAY. THE FOUNDATION WILL PROVIDE ADULTS WITH DISABILITIES THE OPPORTUNITIES FOR PERSONAL GROWTH, A SOURCE OF INCOME, SOCIAL INTERACTION, AND A SENSE OF PURPOSE.THE FOUNDATION'S BUSINESS MODEL IS TO BOTH TRAIN INDIVIDUALS WITH INTELLECTUAL/PHYSICAL DISABILITIES WITHIN OUR BAKERY TO BE SUCCESSFUL EMPLOYEES WITHIN THEIR COMMUNITIES AS WELL AS TO EMPLOY THESE INDIVIDUALS. THE BAKERY WILL ALSO BE A GATHERING PLACE FOR THE COMMUNITY WITH SOCIAL EVENTS WHERE OTHER SKILLS SUCH AS ART AND MUSIC CAN BE LEARNED AND SHARED WITH OTHERS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Pecoriello President/director | OfficerTrustee | 20 | $0 |
Howard Lipper Treasurer/director | OfficerTrustee | 20 | $0 |
Joel Treisman Board Member | Trustee | 20 | $0 |
Andrea Pecoriello Exec Director/secretary | OfficerTrustee | 20 | $0 |
Nicole Fenech Board Member | Trustee | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $106,517 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $108,517 |
| Total Program Service Revenue | $61,429 |
| 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 | $169,946 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $85,134 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,239 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $188 |
| 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 | $29,250 |
| 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 | $8,391 |
| Insurance | $2,585 |
| All other expenses | $8,005 |
| Total functional expenses | $184,915 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,496 |
| 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 | $21,397 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $23,893 |
| 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 | $1,858 |
| Total liabilities | $1,858 |
| Net assets without donor restrictions | $22,035 |
| 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 | $23,893 |