Danny Wallace Foundation Inc is located in Trumbull, CT. The organization was established in 2019. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Danny Wallace Foundation 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, Danny Wallace Foundation Inc generated $45.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (11.4%) each year. All expenses for the organization totaled $15.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
RAISE FUNDS TO PROVIDE FINANCIAL SCHOLARSHIP SUPPORT FOR HIGH SCHOOL STUDENTS WHO DEMONSTRATE LEADERSHIP, VOLUNTEERISM AND CHARITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert Wallace Treasurer | 5 | $0 | |
Joan Collins Secretary | 5 | $0 | |
Dacey Doherty Director | 5 | $0 | |
Lisa Regina Director | 5 | $0 | |
Michael Cerrata Vice President | 5 | $0 | |
Michael Romano Co-President | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $45,075 |
Other Revenue | $0 |
Total Revenue | $45,075 |
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 | $750 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $0 |
Total expenses | $15,750 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $101,887 |
Other assets | $0 |
Total assets | $101,887 |
Total liabilities | $0 |
Net assets or fund balances | $101,887 |