Civic Intelligence

Mario Batali Foundation

990 • Fiscal year 2017 • EIN 26-3748340

Jun 01, 2016 to May 31, 2017 • Filed on Mar 15, 2018

45 East 20th Street Floor 8New York, NY 10003

(646) 572-6361

Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

26th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

1st percentile

-239%

Higher net margin than 1% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

4th percentile

-37%

Faster asset growth than 4% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

3rd percentile

-63%

Faster revenue growth than 3% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Down

$640,979

Down $383,513 (-37%) from 2016

Net Assets

Down

$640,979

Down $383,513 (-37%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Down

$190,685

Down $329,294 (-63%) from 2016

Expenses

Up

$646,502

Up $73,025 (+13%) from 2016

Net Income

Down

-$455,817

Down $402,319 (-752%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $324,945Liabilities 2010: $0Net Assets 2010: $324,9452010Assets 2011: $329,549Liabilities 2011: $0Net Assets 2011: $329,5492011Assets 2012: $372,806Liabilities 2012: $0Net Assets 2012: $372,8062012Assets 2013: $473,876Liabilities 2013: $0Net Assets 2013: $473,8762013Assets 2014: $858,711Liabilities 2014: $0Net Assets 2014: $858,7112014Assets 2015: $1,077,990Liabilities 2015: $0Net Assets 2015: $1,077,9902015Assets 2016: $1,024,492Liabilities 2016: $0Net Assets 2016: $1,024,4922016Assets 2017: $640,979Liabilities 2017: $0Net Assets 2017: $640,9792017Assets 2019: $355,578Liabilities 2019: $0Net Assets 2019: $355,5782019Assets 2020: $204,524Liabilities 2020: $0Net Assets 2020: $204,5242020Assets 2023: $0Net Assets 2023: $02023

Highlighted filing

2017

Assets$640,979
Liabilities$0
Net Assets$640,979

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $91,5512010Expenses 2011: $442,6682011Expenses 2012: $675,8112012Expenses 2013: $467,3192013Revenue 2014: $579,359Expenses 2014: $194,524Net Income 2014: $384,8352014Revenue 2015: $670,272Expenses 2015: $450,993Net Income 2015: $219,2792015Revenue 2016: $519,979Expenses 2016: $573,477Net Income 2016: -$53,4982016Revenue 2017: $190,685Expenses 2017: $646,502Net Income 2017: -$455,8172017Revenue 2019: $700Expenses 2019: $238,416Net Income 2019: -$237,7162019Revenue 2020: $321Expenses 2020: $151,375Net Income 2020: -$151,0542020Revenue 2023: $4Expenses 2023: $10,716Net Income 2023: -$10,7122023

Highlighted filing

2017

Revenue$190,685
Expenses$646,502
Net Income-$455,817
Jump To
Filing Snapshot
Filing Period
Jun 1, 2016 to May 31, 2017
Signed
Mar 15, 2018
Return Version
2016v3.1
Gross Receipts
$214,999
Mission and Program Overview

Mission

The mario batali foundation ("mbf") was established to feed, protect, educate and empower children, encouraging them to dream big while providing them with the necessary tools to become an active force for change in today's world. In an effort to do so, mbf strives to ensure all children are well read, well fed and well cared for.

To feed, protect, educate and empower children, encouraging them to dream big while providing them with the necessary tools to become an active force for change in today's world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,033,669$621,729▼ $411,940
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$1,033,669$640,979▼ $392,690
Other Assets Total$0$19,250▲ $19,250
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$1,033,669$640,979▼ $392,690
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$1,033,669$640,979▼ $392,690
Total Liabilities and Net Assets / Fund Balance$1,033,669$640,979▼ $392,690
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mario BataliDirector/President
Michael StipeDirector
Jayne WallaceDirector/public Relations
Cathy J FrankelDirector/Secretary
Louis FestaDirector/Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
none---
Revenue and Support

Revenue Composition

Contributions and Grants
$190,594
Program Service Revenue
$0
Investment Income
$91
Other Revenue
$0
All Other Contributions
$84,890
Change in Net Assets
$-455,817

Audited Revenue Reconciliation

Revenue per Audited Statements
$259,613
Revenue Not Reported on Financial Statements
$-68,928
Revenue Not Reported on Form 990
$61,814
Other Revenue Adjustments
$-68,928
Total Revenue per Audited Statements
$321,427
Total Revenue per Form 990
$190,685
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$516,276
Salaries, Compensation, and Employee Benefits$70,951
Other Expenses$59,275
Total Fundraising Expense$35,475
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$516,276--$516,276
Other Salaries and Wages-$32,151$32,150$64,301
Fees for Services Accounting-$27,902-$27,902
Insurance-$7,811-$7,811
Payroll Taxes-$3,039$3,038$6,077
Office Expenses-$5,084-$5,084
Other Expenses-$4,123-$4,123
Fees for Services Legal-$2,741-$2,741
All Other Expenses-$1,750-$1,750
Information Technology-$1,200-$1,200
Other Employee Benefits-$286$287$573
Conferences and Meetings-$100-$100
Total Functional Expenses$516,276$94,751$35,475$646,502

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$972,294
Expenses per Audited Statements$910,480
Total Expenses per Form 990$646,502
Expenses Not Reported on Form 990$61,814
Expenses Not Reported on Financial Statements$-263,978
Other Expense Adjustments$-263,978
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Books for KidsNew York, NY501(c)(3)To create & furnish a library within an existing children's center providing children access to a library where there is no public library available.$213,018
Eb Research PartnershipNew York, NY501(c)(3)To Create and Support the Research of the First Ips Cell Consortium With Columbia University, Stanford University and the University of Colorado$100,000
First Book IncWashington, DC501(c)(3)TO ACQUIRE CHILDREN'S BOOKS ABOUT HEALTHY EATING AND HEALTHY LIVING HABITS THAT WILL BE MADE AVAILABLE FOR SALE TO SCHOOLS AND CHARITABLE ORGANIZATIONS$83,000
Childrens Hospital of PhiladelphiaPhiladelphia, PA501(c)(3)to provide funds for the dr deleon research$50,000
Food Bank for NycNew York, NY501(c)(3)To Provide Training Program Through the Use of Audio-visual and Text-based Materials for a Nutrition and Cooking Curriculum and Program for Children and Their Parents/guardians$40,000
National Multiple Sclerosis SocietyNew York, NY501(c)(3)To Cover the Direct Costs of Pediatric Multiple Sclerosis Resarch by Dr E Ann Yeh at the Hospital for Sick Chidren$20,000
City Green IncClifton, NJ501(c)(3)To Implement Garden Projects and Educational Programming for Inner City Residents to Promote Education in Public Health, Nutrition and the Environment$5,258
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$24,314
Fundraising Gross Income$24,314
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
dinner$130,018$24,314$24,314$0
Total Events$130,018$24,314$24,314-
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Mario BataliDirector/presidentSee Supplemental InformationNo$11,439

Loans and Receivables

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

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

CORE FORM, PART VI, SECTION B; QUESTION 11B

The organization's federal form 990 was provided to each voting member of its board of directors for review and discussion. In addition, prior to the provision of the form 990 to the organization's governing body, the organization's federal form 990 was provided to and made available to the treasurer of the organization's board of directors who performed a detailed review of the return. The organization's board of directors has assumed the responsibility to oversee, review and approve the federal form 990, including the preparation, review and filing process. As part of the tax return preparation process, the organization hired a professional cpa firm with experience and expertise in not-for-profit tax return preparation to prepare the federal form 990. The cpa firm's tax professionals worked closely with the organization's finance personnel and various other individuals of the organization to obtain the information needed in order to prepare a complete and accurate tax return. The cpa firm prepared the draft federal form 990 and furnished it to the organization's treasurer. The organization's treasurer discussed questions and comments with the cpa firm and the federal form 990 was furnished by the cpa firm to the board of directors.

CORE FORM, PART VI, SECTOION B; QUESTION 12C

The organization regularly monitors and enforces compliance with its conflict of interest policy. Annually, all members of the board of directors are required to review the existing conflict of interest policy and disclose any potential conflicts.

CODE FORM, PART VI, SECTION B; QUESTION 15

The organization's board of directors reviews and approves of the compensation and benefits of all individuals within the organization. The board of directors conducts its review and approval process at least annually and approves only compensation that the board of directors has concluded does not exceed what the board of directors considers to be reasonable compensation. In addition, the board of directors obtained outside independent advice with respect to compensation amounts. The board of directors adequately documented its basis for its determination through the timely preparation of written minutes of the board of directors meetings during which compensation and benefits were reviewed and subsequently approved.

CORE FORM, PART VI, SECTION C; QUESTION 19

The organization's filed certificate of incorporation and any amendments can be obtained and reviewed through the state of new york secretary of state. Upon request, written or verbal, the foundation provides copies of its conflict of interest policy.

CORE FORM, PART VI, SECTION A; QUESTION 8B

The organization does not have any committees at this time.

CORE FORM, PART VI, SECTION A; QUESTION 2

Cathy frankel and mario batali - business relationship

Filing and Contact Details

Filer

Filer Name
Mario Batali Foundation
EIN
26-3748340
In Care Of
% ORGANIZATION
Phone
6465726361
Address
45 East 20th Street Floor 8, New York, NY 10003

Signing Officer

Name
Mario Batali
Title
President
Phone
6306184756
Signed
2018-03-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mario Batali
Formed
2008
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
3
Employees
1
Volunteers
10

Preparer

Firm
Withum Smith Brown Pc
Address
506 CARNEGIE CENTER STE 400, PRINCETON, NJ 08540-6243
Preparer
Hal R Terr
Phone
6095201188
Supplemental Narrative

Additional Explanations

Core Form, Part XII, Question 2C

The treasurer reviews the financial statements and provides them to the board of directors for approval.

Financial Statement Notes

Schedule D, Part XI, Line 2D

Adjustment for special events expense: $24,314

SCHEDULE D, PART XI, Line 4B

Adjustment for donations receivable: -$68,928

Schedule D, Part XII, Line 2D

Adjustment for special events expense: $24,314

Schedule D, Part XII, Line 4B

Adjustment for prior year accrued expenses: $1,796 Adjustment for current year grants payable: $-265,774

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IRS990/Form990PartVIISectionAGrp/PersonNm0Mario Batali
IRS990/Form990PartVIISectionAGrp/PersonNm1Louis Festa
IRS990/Form990PartVIISectionAGrp/PersonNm2Michael Stipe
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IRS990/MissionDesc0THE MARIO BATALI FOUNDATION ("MBF") WAS ESTABLISHED TO FEED, PROTECT, EDUCATE AND EMPOWER CHILDREN, ENCOURAGING THEM TO DREAM BIG WHILE PROVIDING THEM WITH THE NECESSARY TOOLS TO BECOME AN ACTIVE FORCE FOR CHANGE IN TODAY'S WORLD. IN AN EFFORT TO DO SO, MBF STRIVES TO ENSURE ALL CHILDREN ARE WELL READ, WELL FED AND WELL CARED FOR.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Adjustment for special events expense: $24,314
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Adjustment for donations receivable: -$68,928
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Adjustment for special events expense: $24,314
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3Adjustment for prior year accrued expenses: $1,796 Adjustment for current year grants payable: $-265,774
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PART XI, Line 4B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PART XII, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3SCHEDULE D, PART XII, LINE 4B
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IRS990ScheduleI/RecipientTable/CashGrantAmt45258
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0To create & furnish a library within an existing children's center providing children access to a library where there is no public library available.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1TO ACQUIRE CHILDREN'S BOOKS ABOUT HEALTHY EATING AND HEALTHY LIVING HABITS THAT WILL BE MADE AVAILABLE FOR SALE TO SCHOOLS AND CHARITABLE ORGANIZATIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2TO COVER THE DIRECT COSTS OF PEDIATRIC MULTIPLE SCLEROSIS RESARCH BY DR E ANN YEH AT THE HOSPITAL FOR SICK CHIDREN
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3TO PROVIDE TRAINING PROGRAM THROUGH THE USE OF AUDIO-VISUAL AND TEXT-BASED MATERIALS FOR A NUTRITION AND COOKING CURRICULUM AND PROGRAM FOR CHILDREN AND THEIR PARENTS/GUARDIANS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4TO IMPLEMENT GARDEN PROJECTS AND EDUCATIONAL PROGRAMMING FOR INNER CITY RESIDENTS TO PROMOTE EDUCATION IN PUBLIC HEALTH, NUTRITION AND THE ENVIRONMENT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5to provide funds for the dr deleon research
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6TO CREATE AND SUPPORT THE RESEARCH OF THE FIRST IPS CELL CONSORTIUM WITH COLUMBIA UNIVERSITY, STANFORD UNIVERSITY AND THE UNIVERSITY OF COLORADO
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Books for Kids
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1FIRST BOOK INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2NATIONAL MULTIPLE SCLEROSIS SOCIETY

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