Friends Of Coletti-Magni Park Inc
- Assets
- $10.1k
- Revenue
- $220.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Newton, MA
- Founding
- Data as of
- 12/2023
- EIN
- 88-0683808
Organization Overview
Friends Of Coletti-Magni Park Inc is located in Newton, MA. Friends Of Coletti-Magni Park Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
FRIENDS OF COLETTI-MAGNI PARK IS A RESIDENT-LED ORGANIZATION COMMITTED TO ENHANCING THE NEIGHBORHOOD THROUGH COLETTI-MAGNI PARK BEAUTIFICATION AND CULTURAL GATHERINGS. THE ANNUAL HALLOWEEN PUMPKIN CARVING EVENT IS HELD EACH OCTOBER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RECEIVED $200,000 FROM THE COMMONWEALTH OF MASSACHUSETTS THROUGH AN EARMARK IN THE COMMONWEALTH'S FISCAL 2023 BUDGET. EARMARK 7008-1116 WAS GRANTED TO THE FRIENDS OF COLETTI-MAGNI PARK FOR THE PURPOSE OF BEAUTIFICATION OF THE COLETTI-MAGNI PARK LOCATED IN NEWTON MA. FUNDING FROM THE COMMONWEALTH WAS RECEIVED IN TWO INSTALLMENTS: $100,000 IN FEBRUARY 2023 AND $100,000 IN JULY 2023. BEAUTIFICATION OF THE COLETTI-MAGNI PARK WILL BE PERFORMED AND MANAGED BY THE CITY OF NEWTON PARKS RECREATION AND CULTURE DEPARTMENT. FRIENDS OF COLETTI-MAGNI PARK DONATED $200,000 TO THE CITY OF NEWTON FOR PARK BEAUTIFICATION EFFORTS AND ELECTRICAL INFRASTRUCTURE IMPROVEMENTS AT THE COLETTI-MAGNI PARK. THIS DONATION WAS APPROVED BY THE NEWTON CITY COUNCIL ON JUNE 20 2023.
FRIENDS OF COLETTI-MAGNI PARK HOSTED A COMMUNITY HALLOWEEN PUMPKIN CARVING EVENT ON OCTOBER 28 2023. THE EVENT IS FREE TO THE PUBLIC AND ATTRACTED 300-350 PARTICIPANTS INCLUDING RESIDENTS AND NON-RESIDENTS OF NEWTON MA. THE EVENT CONSISTED OF PUMPKIN CARVING AND PAINTING YARD GAMES AND BLUEGRASS MUSIC DURING THE DAY. THE EVENING SESSION INCLUDED A PUMPKIN WALK WITH CANDLELIGHTS THROUGHOUT THE PARK SO THAT PARTICIPANTS COULD WALK THROUGH THE PARK IN THEIR HALLOWEEN COSTUMES AND SEE ALL THE CARVED AND PAINTED PUMPKINS ON DISPLAY. ALL PUMPKINS AND MATERIALS USED TO PAINT AND CARVE THE PUMPKINS WERE FREE TO THE PUBLIC. THIS EVENT WAS FUNDED THROUGH CONTRIBUTIONS FROM THE VILLAGE BANK THE COMMUNITY BANK LOCATED IN NEWTON MA. THE VILLAGE BANK DONATED $20,000 TO THE FRIENDS OF COLETTI-MAGNI PARK TO SUPPORT COMMUNITY ENGAGEMENT ACTIVITIES LIKE THE HALLOWEEN EVENT.
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 |
|---|---|---|---|
Elizabeth Metraux Director | OfficerTrustee | 2 | $0 |
Maria Proia Director | OfficerTrustee | 1 | $0 |
John DE Vito Director | OfficerTrustee | 1 | $0 |
Anthony Pellegrini Director | Trustee | 1 | $0 |
Charles Proia Director | Trustee | 1 | $0 |
Andrea Forsythe Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $200,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $20,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $220,000 |
| 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 | $220,000 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $200,000 |
| 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 | $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 | $1,046 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $584 |
| 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 | $285 |
| All other expenses | $0 |
| Total functional expenses | $210,240 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,053 |
| 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 | $10,053 |
| 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 | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $10,053 |
| 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 | $10,053 |