Civic Intelligence

Mj Petretto Foundation Inc

EIN 27-1516798 • 501(c)3 • Guilford, CT

Pub. 78 Eligible990-N Coverage

Profile

Benefit of Local Charities

2257 Boston Post RoadGuilford, CT 06437

n/A

Siviq Scores

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

Liabilities / Assets

87th percentile

0.40x

Higher debt load relative to assets than 87% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

73rd percentile

0.02x

Higher debt load relative to revenue than 73% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

50th percentile

1.6%

Higher net margin than 50% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Balance Sheet
Liabilities / Assets87th percentile

Assets

$2,517

No earlier filing loaded for comparison.

Liabilities

$1,000

No earlier filing loaded for comparison.

Net Assets

$1,517

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue73rd percentileNet Margin50th percentile

Revenue

$51,685

No earlier filing loaded for comparison.

Expenses

$50,847

No earlier filing loaded for comparison.

Net Income

$838

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$3.0K$2.0K$1.0K$0Assets 2021: $2,517Liabilities 2021: $1,000Net Assets 2021: $1,5172021

Highlighted filing

2021

Assets$2,517
Liabilities$1,000
Net Assets$1,517
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$60K$40K$20K$0Revenue 2021: $51,685Expenses 2021: $50,847Net Income 2021: $8382021

Highlighted filing

2021

Revenue$51,685
Expenses$50,847
Net Income$838
Open 2021 Filing

Filings

Most recent year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,517
Liabilities
$1,000
Net assets
$1,517
Revenue
$51,685
Expenses
$50,847
Net income
$838
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$2.52$1.00$1.52$51.7$50.8$0.84
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 5, 2022
Return Version
2021v4.1
Gross Receipts
$51,685
Mission and Program Overview

Mission

Benefit of Local Charities

Program Services

DescriptionGrantsExpenses
Benefit of Local Charities$26,500$50,697
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MJ PetrettoPresidentPT$0--
Linda RemingtonSecretaryPT$0--
Diane AtkinsonBoard MemberPT$0--
Filing and Contact Details

Filer

Filer Name
MJ Petretto Foundation Inc
EIN
27-1516798
Phone
2034532320
Address
2257 Boston Post Road, Guilford, CT 06437

Signing Officer

Name
MJ Petretto
Title
President
Phone
2034532320
Signed
2022-05-05
Discuss with paid preparer
Yes

Preparer

Firm
O'CONNELL PACE & COMPANY PC
Address
609 FARMINGTON AVE STE 201, HARTFORD, CT 06105
Preparer
Mario Pace
Phone
8602473917
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 10

“Hospital contribution towards specialty healthcare services; Specialty Healthcare & Hospital; Gaylord Hospital: 50 Gaylord Farm Road, Wallingford, CT, 06492; Grantee, 10000.”

Form 990EZ, Part I, Line 10

“Education contribution for college-track education program in high quality high school.; College-Track Education Program; Guilford ABC House: 143 Church Street, Guilford, CT , 06437; Grantee, 5500.”

Form 990EZ, Part I, Line 10

“Arts center contribution to help provide art programs to a diverse group of artists.; Artists & Art Center; Shoreline Arts Alliance: 206 Boston Post Road, Suite A, Guilford, CT, 06437; Grantee, 5500.”

Form 990EZ, Part I, Line 10

“Contribution to a visiting nurses association to help provide healthcare and hospice care to patients.; Healthcare and Hospice Care; Visiting Nurse Association: 753 Boston Post Road, Guilford, CT, 06437; Grantee, 5500.”

Form 990EZ, Part I, Line 16

“Bank Service Charges 498.”

Form 990EZ, Part I, Line 16

“Insurance 1108.”

Form 990EZ, Part I, Line 16

“Supplies 1862.”

Raw XML Appendix171 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0MJ Petretto
IRS990EZ/BooksInCareOfDetail/PhoneNum02034532320
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02257 Boston Post Road
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Guilford
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd006437
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01679
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt02517
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CntrctRcvdGreaterThan100KCnt00
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IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
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IRS990EZ/ExcessOrDeficitForYearAmt0838
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0775
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
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IRS990EZ/FundraisingGrossIncomeAmt00
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IRS990EZ/GrantsAndSimilarAmountsPaidAmt026500
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt051685
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
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IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt210.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MJ Petretto
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Linda Remington
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Diane Atkinson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Board Member
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherEmployeePaidOver100kCnt00
IRS990EZ/OtherExpensesTotalAmt03468
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Benefit of Local Charities
IRS990EZ/PrintingPublicationsPostageAmt0779
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Benefit of Local Charities
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt026500
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt050697
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CT
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01000
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01000
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt050847
IRS990EZ/TotalProgramServiceExpensesAmt050697
IRS990EZ/TotalRevenueAmt051685
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt051685
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt034752
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt052653
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt050583
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt049122
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0238795
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0238795
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt052653
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt050583
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt049122
IRS990ScheduleA/Total509Grp/TotalAmt0238795
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0238795
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Hospital contribution towards specialty healthcare services; Specialty Healthcare & Hospital; Gaylord Hospital: 50 Gaylord Farm Road, Wallingford, CT, 06492; Grantee, 10000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Education contribution for college-track education program in high quality high school.; College-Track Education Program; Guilford ABC House: 143 Church Street, Guilford, CT , 06437; Grantee, 5500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Arts center contribution to help provide art programs to a diverse group of artists.; Artists & Art Center; Shoreline Arts Alliance: 206 Boston Post Road, Suite A, Guilford, CT, 06437; Grantee, 5500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Contribution to a visiting nurses association to help provide healthcare and hospice care to patients.; Healthcare and Hospice Care; Visiting Nurse Association: 753 Boston Post Road, Guilford, CT, 06437; Grantee, 5500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Bank Service Charges 498.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Insurance 1108.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Supplies 1862.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MJ Petretto
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum02034532320
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-05
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ReturnHeader/Filer/BusinessNameControlTxt0MJPE
ReturnHeader/Filer/EIN0271516798
ReturnHeader/Filer/PhoneNum02034532320
ReturnHeader/Filer/USAddress/AddressLine1Txt02257 Boston Post Road
ReturnHeader/Filer/USAddress/CityNm0Guilford
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006437
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0609 FARMINGTON AVE STE 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HARTFORD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
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ReturnHeader/PreparerPersonGrp/PhoneNum08602473917
ReturnHeader/PreparerPersonGrp/PreparationDt02022-05-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Mario Pace
ReturnHeader/ReturnTs02022-05-31T14:09:47-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MJ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Petretto
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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