Civic Intelligence

The Patti Fund Inc

EIN 11-3435415 • 501(c)3 • Astoria, NY

Profile

To engage in activities that are designed to generate income for the specific purpose of donating all net income to cancer research and patients.

3015 14th StreetAstoria, NY 11102

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2017

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2017

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2017

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2016 to 2017

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $24,993 (-100%) from 2016

Liabilities

Flat

$0

Flat from 2016

Net Assets

Down

$0

Down $24,993 (-100%) from 2016

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Flat

$0

Flat from 2016

Expenses

Up

$24,993

Up $24,343 (+3745%) from 2016

Net Income

Down

-$24,993

Down $24,343 (-3745%) from 2016

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60K$40K$20K$0Assets 2010: $55,519Liabilities 2010: $0Net Assets 2010: $55,5192010Assets 2011: $51,129Liabilities 2011: $0Net Assets 2011: $51,1292011Assets 2012: $34,858Liabilities 2012: $0Net Assets 2012: $34,8582012Assets 2013: $32,713Liabilities 2013: $0Net Assets 2013: $32,7132013Assets 2014: $26,678Liabilities 2014: $0Net Assets 2014: $26,6782014Assets 2015: $25,643Liabilities 2015: $0Net Assets 2015: $25,6432015Assets 2016: $24,993Liabilities 2016: $0Net Assets 2016: $24,9932016Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $02017

Highlighted filing

2017

Assets$0
Liabilities$0
Net Assets$0
Open 2017 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$40K$20K$0-$20K-$40KExpenses 2010: $30,0672010Expenses 2011: $11,1282011Revenue 2012: $0Expenses 2012: $16,271Net Income 2012: -$16,2712012Revenue 2013: $0Expenses 2013: $2,145Net Income 2013: -$2,1452013Revenue 2014: $0Expenses 2014: $6,035Net Income 2014: -$6,0352014Revenue 2015: $0Expenses 2015: $1,035Net Income 2015: -$1,0352015Revenue 2016: $0Expenses 2016: $650Net Income 2016: -$6502016Revenue 2017: $0Expenses 2017: $24,993Net Income 2017: -$24,9932017

Highlighted filing

2017

Revenue$0
Expenses$24,993
Net Income-$24,993
Open 2017 Filing

Filings

Most recent year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$0
Expenses
$24,993
Net income
-$24,993
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$25.0$25.0
2016Detailed filing. Detailed filing data is available for this year.$25.0$0.00$25.0$0.00$0.65$0.65
2015Detailed filing. Detailed filing data is available for this year.$25.6$0.00$25.6$0.00$1.04$1.04
2014Detailed filing. Detailed filing data is available for this year.$26.7$0.00$26.7$0.00$6.04$6.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.7$0.00$32.7$0.00$2.15$2.15
2012Summary only. Only limited summary data is available for this year.$34.9$0.00$34.9$0.00$16.3$16.3
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$51.1$0.00$51.1$11.1
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$55.5$0.00$55.5$30.1
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
May 1, 2016 to Apr 30, 2017
Signed
Jun 27, 2017
Return Version
2016v3.0
Gross Receipts
$0
Mission and Program Overview

Mission

To engage in activities that are designed to generate income for the specific purpose of donating all net income to cancer research and patients.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$24,993$0▼ $24,993
Rtn Earn Endowment Incm Other Fnds$24,993$0▼ $24,993
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$24,993$0▼ $24,993
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$24,993$0▼ $24,993
Total Liabilities and Net Assets / Fund Balance$24,993$0▼ $24,993
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Anthony DipippoPresident / Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-24,993
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$24,993
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Payments to Affiliates$23,000--$23,000
Fees for Services Accounting-$1,796-$1,796
Office Expenses-$197-$197
Total Functional Expenses$23,000$1,993$0$24,993
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Accounting firm reviews tax return and related documents with trustees before return is signed.”

Form 990, Part VI, Section C, Line 19

“AVAILABLE UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
The Patti Fund Inc
EIN
11-3435415
Phone
9173645920
Address
3015 14TH STREET, ASTORIA, NY 11102

Signing Officer

Name
Anthony Dipippo
Title
President
Phone
9173645920
Signed
2017-06-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anthony Dipippo
Formed
1999
Legal Domicile
Ny
Voting Board Members
1
Independent Board Members
1
Employees
0
Volunteers
0

Preparer

Firm
Leotta & Associates CPA Pllc
Address
172 MAIN STREET, NANUET, NY 10954
Preparer
Albert S Leotta CPA
Phone
8456278281
Raw XML Appendix273 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/MoreThan5000KToIndividualsInd00
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IRS990/NetAssetsOrFundBalancesBOYAmt024993
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