Fueling The Climb Foundation is located in Trainer, PA. The organization was established in 2019. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fueling The Climb Foundation 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, Fueling The Climb Foundation generated $25.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (34.1%) each year. All expenses for the organization totaled $30.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (31.1%) per year over the past 5 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
GRANTS TO ORGANIZATIONS WHO ARE WORKING TOWARDS THE BETTERMENT OF OUR COMMUNITY AND COUNTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION MADE CONTRIBUTIONS FOR 10 STEM SCHOLARSHIPS OF $2,000 EACH TO THE FOLLOWING INSTITUTIONS: WIDNER UNIVERSITY, EASTERN UNIVERSITY, WEST CHESTER UNIVERSITY, HAMPTON UNIVERSITY, NEUMANN UNIVERSITY, VILLANOVA UNIVERSITY, DREXEL UNIVERSITY, THE PENNSYLVANIA STATE UNIVERSITY, AND HOFSTRA UNIVERSITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Adam Gattuso Director/president | OfficerTrustee | 3.75 | $0 |
Matthew Mcglaughlin Vice President | OfficerTrustee | 1.25 | $0 |
Matthew Nolan Treasurer | OfficerTrustee | 3.75 | $0 |
Steven Plisinski Assistant Treasurer | OfficerTrustee | 5 | $0 |
Jeffrey Brockett Secretary | OfficerTrustee | 1.25 | $0 |
Dawn Womack Assistant Secretary | OfficerTrustee | 1.25 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $1,250 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $30,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $31,250 |
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 | -$6,000 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $25,250 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $20,000 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $10,658 |
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 | $45 |
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 | $150 |
Total functional expenses | $30,853 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $529 |
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 | $529 |
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 | $529 |
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 | $529 |
Over the last fiscal year, Fueling The Climb Foundation has awarded $240,000 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
TRAVIS MANION FOUNDATION PURPOSE: PROGRAM SUPPORT | $60,000 |
PENNSYLVANIA WOUNDED WARRIORS PURPOSE: PROGRAM SUPPORT | $60,000 |
RONALD MCDONALD HOUSE OF DELAWARE PURPOSE: PROGRAM SUPPORT | $60,000 |
PATHWAYS PA PURPOSE: PROGRAM SUPPORT | $60,000 |