Civic Intelligence

Fostering Hope Foundation

990 • Fiscal year 2014 • EIN 26-1991807

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 15, 2015

Organization ProfileFOSTERINGHOPEFOUNDATION.ORG

View Organization Page

3055 Sunnybrook LaneColorado Springs, CO 80904

(719) 635-6756

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

72nd percentile

0.05x

Higher debt load relative to assets than 72% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

71st percentile

0.03x

Higher debt load relative to revenue than 71% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

64th percentile

10%

Higher net margin than 64% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

77th percentile

28%

Faster asset growth than 77% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

86th percentile

51%

Faster revenue growth than 86% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Up

$149,574

Up $33,138 (+28%) from 2013

Net Assets

Up

$141,354

Up $30,202 (+27%) from 2013

Liabilities

Up

$8,220

Up $2,936 (+56%) from 2013

Revenue And Expenses
Liabilities / Revenue71st percentileNet Margin64th percentile

Revenue

Up

$298,950

Up $100,800 (+51%) from 2013

Expenses

Up

$268,694

Up $53,423 (+25%) from 2013

Net Income

Up

$30,256

Up $47,377 (+277%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth77th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $74,332Liabilities 2011: $0Net Assets 2011: $74,3322011Assets 2012: $128,273Liabilities 2012: $0Net Assets 2012: $128,2732012Assets 2013: $116,436Liabilities 2013: $5,284Net Assets 2013: $111,1522013Assets 2014: $149,574Liabilities 2014: $8,220Net Assets 2014: $141,3542014Assets 2015: $169,199Liabilities 2015: $6,934Net Assets 2015: $162,2652015Assets 2016: $308,077Liabilities 2016: $6,190Net Assets 2016: $301,8872016Assets 2017: $435,214Liabilities 2017: $58,826Net Assets 2017: $376,3882017Assets 2018: $596,256Liabilities 2018: $174,688Net Assets 2018: $421,5682018Assets 2019: $721,019Liabilities 2019: $9,188Net Assets 2019: $711,8312019Assets 2020: $990,084Liabilities 2020: $90,085Net Assets 2020: $899,9992020Assets 2021: $1,055,732Liabilities 2021: $18,933Net Assets 2021: $1,036,7992021Assets 2022: $1,106,173Liabilities 2022: $21,283Net Assets 2022: $1,084,8902022Assets 2023: $1,439,336Liabilities 2023: $29,642Net Assets 2023: $1,409,6942023Assets 2024: $1,794,801Liabilities 2024: $38,322Net Assets 2024: $1,756,4792024

Highlighted filing

2014

Assets$149,574
Liabilities$8,220
Net Assets$141,354
Open 2014 Filing

Operations Trend

Revenue Growth86th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2011: $158,9662011Expenses 2012: $201,0032012Revenue 2013: $198,150Expenses 2013: $215,271Net Income 2013: -$17,1212013Revenue 2014: $298,950Expenses 2014: $268,694Net Income 2014: $30,2562014Revenue 2015: $394,613Expenses 2015: $373,702Net Income 2015: $20,9112015Revenue 2016: $464,180Expenses 2016: $324,558Net Income 2016: $139,6222016Revenue 2017: $450,765Expenses 2017: $376,264Net Income 2017: $74,5012017Revenue 2018: $469,090Expenses 2018: $423,910Net Income 2018: $45,1802018Revenue 2019: $676,751Expenses 2019: $552,988Net Income 2019: $123,7632019Revenue 2020: $805,929Expenses 2020: $617,761Net Income 2020: $188,1682020Revenue 2021: $976,195Expenses 2021: $839,395Net Income 2021: $136,8002021Revenue 2022: $886,679Expenses 2022: $838,588Net Income 2022: $48,0912022Revenue 2023: $1,252,836Expenses 2023: $928,032Net Income 2023: $324,8042023Revenue 2024: $1,433,930Expenses 2024: $1,087,145Net Income 2024: $346,7852024

Highlighted filing

2014

Revenue$298,950
Expenses$268,694
Net Income$30,256
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 15, 2015
Return Version
2014v5.0
Gross Receipts
$298,950
Mission and Program Overview

Mission

To provide assistance to foster families by organizing church based support teams.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$116,436$126,324▲ $9,888
Pledges and Grants Receivable-$23,250-
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$116,436$149,574▲ $33,138
Other Assets Total-$0-
Liabilities
Other Liabilities$5,284$7,729▲ $2,445
Accounts Payable and Accrued Expenses-$491-
Total Liabilities$5,284$8,220▲ $2,936
Net Assets / Fund Balance
Temporarily Rstr Net Assets$48,460$107,070▲ $58,610
Unrestricted Net Assets$62,692$34,284▼ $28,408
Total Net Assets Fund Balance$111,152$141,354▲ $30,202
Total Liabilities and Net Assets / Fund Balance$116,436$149,574▲ $33,138
Compensation and Service Providers
Top Officer Pay74th percentile

Board Members and Trustees

NameTitle
Angela Colarelli CarronDirector
Chris BeattyDirector
DANIEL P O'CONNORDirector
David CarronDirector
GINA COLARELLI O'CONNORDirector
Janet ColarelliDirector
Karen ColarelliDirector
Katy Colarelli BeattyDirector
Nick Colarelli IiiDirector
PATRICK O'CONNORDirector
Vincent ColarelliDirector
Margaret a ColarelliV.p. & Director
Nick J ColarelliPres. & Direct.
Revenue and Support

Revenue Composition

Contributions and Grants
$268,539
Program Service Revenue
$3,425
Investment Income
$156
Other Revenue
$26,830
All Other Contributions
$268,539
Change in Net Assets
$30,256

Audited Revenue Reconciliation

Revenue per Audited Statements
$298,950
Total Revenue per Audited Statements
$298,950
Total Revenue per Form 990
$298,950
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$213,354
Total Fundraising Expense$84,762
Other Expenses$55,340
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$130,098$6,538$60,000$196,636
Payroll Taxes$11,271$628$4,819$16,718
All Other Expenses$7,640$2,185$1,215$11,040
Travel$8,015--$8,015
Fees for Services Other--$7,725$7,725
Insurance$5,252$929-$6,181
Information Technology$1,540-$2,154$3,694
Other Expenses$3,299-$4,004$3,299
Fees for Services Legal-$700-$700
Advertising-$225$139$364
Office Expenses-$282-$282
Total Functional Expenses$172,445$11,487$84,762$268,694

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$268,694
Total Expenses per Audited Statements$268,694
Total Expenses per Form 990$268,694
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$26,830
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Ask Event$26,830$26,830-$26,830
Total Events$26,830$26,830-$26,830
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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$7,729
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
No
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, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

“Following are the relationships among the members of the board. All are members, by blood or by marriage, of the colarelli family:nick and margaret colarelli, spouses, and parents ofgina colarelli o'connor (spouse:patrick o'connor,son:daniel o'connor)angela colarelli carron (spouse:david carron)nick colarelli iii (spouse:karen colarelli)vincent colarelli (spouse:janet colarelli)katy colarelli beatty (spouse:christopher beatty)”

Form 990, Part VI, Line 11B: Form 990 Review Process

“The form 990 is prepared and reviewed by patrick o'connor, cpa, esq., who is one of the members of the board.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“The foundation makes its governing documents, conflict of interest policy and financial statements available to the public when requested. The information is mailed to the person requesting it.”

Filing and Contact Details

Filer

Filer Name
Fostering Hope Foundation
EIN
26-1991807
Address
3055 SUNNYBROOK LANE, COLORADO SPRINGS, CO 80904

Signing Officer

Name
Nick J Colarelli
Title
Pres. & Direct.
Signed
2015-11-15
Discuss with paid preparer
Yes

Organization Details

Formed
2008
Legal Domicile
Co
Voting Board Members
13
Independent Board Members
0
Employees
6
Volunteers
201

Preparer

Firm
Patrick OConnor CPA JD
Address
23 Alpine Drive, Latham, NY 12110
Preparer
Patrick O'Connor
Phone
5187861940
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

“Section 481 adjustment = -$54”

Raw XML AppendixShowing 400 of 507 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/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0CO
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0true
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE ASSISTANCE TO FOSTER FAMILIES BY ORGANIZING CHURCH BASED SUPPORT TEAMS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0111152
IRS990/NetAssetsOrFundBalancesEOYAmt0141354
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt026830
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0282
IRS990/OfficeExpensesGrp/TotalAmt0282
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt0-54
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0OTHER PROGRAM COSTS
IRS990/OtherExpensesGrp/Desc1OTHER FUNDRAISING COSTS
IRS990/OtherExpensesGrp/Desc2SPECIAL EVENTS
IRS990/OtherExpensesGrp/Desc3VOLUNTEER SCREENING
IRS990/OtherExpensesGrp/FundraisingAmt04706
IRS990/OtherExpensesGrp/FundraisingAmt14004
IRS990/OtherExpensesGrp/ProgramServicesAmt05330
IRS990/OtherExpensesGrp/ProgramServicesAmt13299
IRS990/OtherExpensesGrp/TotalAmt05330
IRS990/OtherExpensesGrp/TotalAmt14706
IRS990/OtherExpensesGrp/TotalAmt24004
IRS990/OtherExpensesGrp/TotalAmt33299
IRS990/OtherLiabilitiesGrp/BOYAmt05284
IRS990/OtherLiabilitiesGrp/EOYAmt07729
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt060000
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt06538
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0130098
IRS990/OtherSalariesAndWagesGrp/TotalAmt0196636
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt04819
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0628
IRS990/PayrollTaxesGrp/ProgramServicesAmt011271
IRS990/PayrollTaxesGrp/TotalAmt016718
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt023250
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0FOSTERING HOPE FOUNDATION HAS BEEN WORKING IN CONJUNCTION WITH SET MINISTRY, INC, A COMMUNITY BASED HEALTH AND HUMAN SERVICES AGENCY IN MILWAUKEE, WISCONSIN TO IMPLEMENT CHURCH BASED SUPPORT TEAMS FOR FOSTER FAMILIES. $0 WAS PAID TO SET MINISTRY, INC IN 2014.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0197918
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt01489
IRS990/PYInvestmentIncomeAmt0232
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt049533
IRS990/PYRevenuesLessExpensesAmt0-17121
IRS990/PYSalariesCompEmpBnftPaidAmt0164249
IRS990/PYTotalExpensesAmt0215271
IRS990/PYTotalRevenueAmt0198150
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt030256
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0298794
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0196418
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0234799
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0160182
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0196548
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01086741
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0156
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0232
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0145
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt076
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0310
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0919
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.80000
IRS990ScheduleA/PublicSupportPY170Pct00.69650
IRS990ScheduleA/PublicSupportTotal170Amt0870174
IRS990ScheduleA/SubstantialContributorsTotAmt0216567
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0298794
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0196418
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0234799
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0160182
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0196548
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01086741
IRS990ScheduleA/TotalSupportAmt01087660
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesSubtotalAmt0268694
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07729
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/RevenueSubtotalAmt0298950
IRS990ScheduleD/TotalExpensesPerForm990Amt0268694
IRS990ScheduleD/TotalLiabilityAmt07729
IRS990ScheduleD/TotalRevenuePerForm990Amt0298950
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0298950
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0268694
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ASK EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt026830
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt026830
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt026830
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt026830
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt026830
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FOLLOWING ARE THE RELATIONSHIPS AMONG THE MEMBERS OF THE BOARD. ALL ARE MEMBERS, BY BLOOD OR BY MARRIAGE, OF THE COLARELLI FAMILY:NICK AND MARGARET COLARELLI, SPOUSES, AND PARENTS OFGINA COLARELLI O'CONNOR (SPOUSE:PATRICK O'CONNOR,SON:DANIEL O'CONNOR)ANGELA COLARELLI CARRON (SPOUSE:DAVID CARRON)NICK COLARELLI III (SPOUSE:KAREN COLARELLI)VINCENT COLARELLI (SPOUSE:JANET COLARELLI)KATY COLARELLI BEATTY (SPOUSE:CHRISTOPHER BEATTY)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS PREPARED AND REVIEWED BY PATRICK O'CONNOR, CPA, ESQ., WHO IS ONE OF THE MEMBERS OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC WHEN REQUESTED. THE INFORMATION IS MAILED TO THE PERSON REQUESTING IT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SECTION 481 ADJUSTMENT = -$54
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$149,574
Liabilities
$8,220
Net assets
$141,354
Revenue
$298,950
Expenses
$268,694
Net income
$30,256
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.79$0.04$1.76$1.43$1.09$0.35
2023Detailed filing. Detailed filing data is available for this year.$1.44$0.03$1.41$1.25$0.93$0.32
2022Detailed filing. Detailed filing data is available for this year.$1.11$0.02$1.08$0.89$0.84$0.05
2021Detailed filing. Detailed filing data is available for this year.$1.06$0.02$1.04$0.98$0.84$0.14
2020Detailed filing. Detailed filing data is available for this year.$0.99$0.09$0.90$0.81$0.62$0.19
2019Detailed filing. Detailed filing data is available for this year.$0.72$0.01$0.71$0.68$0.55$0.12
2018Detailed filing. Detailed filing data is available for this year.$0.60$0.17$0.42$0.47$0.42$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.44$0.06$0.38$0.45$0.38$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.31$0.01$0.30$0.46$0.32$0.14
2015Detailed filing. Detailed filing data is available for this year.$0.17$0.01$0.16$0.39$0.37$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.15$0.01$0.14$0.30$0.27$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.12$0.01$0.11$0.20$0.22$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.13$0.00$0.13$0.20
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.07$0.00$0.07$0.16