Civic Intelligence

Fabretto Children'S Foundation Inc

EIN 36-3894824 • 501(c)3 • Evanston, IL

Profile

To empower underserved children and their families in nicaragua to reach their full potential, improve their livelihoods and take advantage of economic opportunity through education and nutrition.

1563 Sherman Avenue 201Evanston, IL 60201

www.fabretto.org

Siviq Scores

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

Liabilities / Assets

36th percentile

0.02x

Higher debt load relative to assets than 36% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

28th percentile

0.01x

Higher debt load relative to revenue than 28% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

38th percentile

-0.1%

Higher net margin than 38% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

77th percentile

19%

Faster asset growth than 77% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

95th percentile

156%

Faster revenue growth than 95% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Assets

Down

$1,720,714

Down $70,436 (-3.9%) from 2023

Liabilities

Down

$30,438

Down $99,005 (-76%) from 2023

Net Assets

Up

$1,690,276

Up $28,569 (+1.7%) from 2023

Revenue

Up

$3,605,838

Up $198,242 (+5.8%) from 2023

Expenses

Up

$3,607,993

Up $661,471 (+22%) from 2023

Net Income

Down

-$2,155

Down $463,229 (-100%) from 2023

Trend Graphs

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $2,224,827Liabilities 2010: $633,065Net Assets 2010: $1,591,7622010Assets 2011: $1,525,771Liabilities 2011: $139,594Net Assets 2011: $1,386,1772011Assets 2012: $1,652,735Liabilities 2012: $139,936Net Assets 2012: $1,512,7992012Assets 2013: $2,114,732Liabilities 2013: $135,248Net Assets 2013: $1,979,4842013Assets 2014: $1,697,428Liabilities 2014: $84,943Net Assets 2014: $1,612,4852014Assets 2015: $1,341,837Liabilities 2015: $110,531Net Assets 2015: $1,231,3062015Assets 2016: $1,528,473Liabilities 2016: $144,417Net Assets 2016: $1,384,0562016Assets 2017: $1,786,338Liabilities 2017: $242,422Net Assets 2017: $1,543,9162017Assets 2018: $2,186,138Liabilities 2018: $139,616Net Assets 2018: $2,046,5222018Assets 2019: $2,485,616Liabilities 2019: $628,388Net Assets 2019: $1,857,2282019Assets 2020: $2,815,337Liabilities 2020: $438,461Net Assets 2020: $2,376,8762020Assets 2021: $2,557,246Liabilities 2021: $412,746Net Assets 2021: $2,144,5002021Assets 2022: $1,216,839Liabilities 2022: $92,858Net Assets 2022: $1,123,9812022Assets 2023: $1,791,150Liabilities 2023: $129,443Net Assets 2023: $1,661,7072023Assets 2024: $1,720,714Liabilities 2024: $30,438Net Assets 2024: $1,690,2762024

Highlighted filing

2024

Assets$1,720,714
Liabilities$30,438
Net Assets$1,690,276

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $2,688,1232010Expenses 2011: $4,011,7992011Expenses 2012: $4,835,5982012Revenue 2013: $4,462,442Expenses 2013: $4,132,065Net Income 2013: $330,3772013Revenue 2014: $4,415,952Expenses 2014: $4,589,916Net Income 2014: -$173,9642014Revenue 2015: $4,003,014Expenses 2015: $4,344,432Net Income 2015: -$341,4182015Revenue 2016: $3,864,241Expenses 2016: $3,907,597Net Income 2016: -$43,3562016Revenue 2017: $4,624,809Expenses 2017: $4,878,745Net Income 2017: -$253,9362017Revenue 2018: $4,628,706Expenses 2018: $4,011,104Net Income 2018: $617,6022018Revenue 2019: $4,019,374Expenses 2019: $4,346,582Net Income 2019: -$327,2082019Revenue 2020: $4,258,539Expenses 2020: $3,749,156Net Income 2020: $509,3832020Revenue 2021: $3,318,965Expenses 2021: $3,565,525Net Income 2021: -$246,5602021Revenue 2022: $870,394Expenses 2022: $1,890,913Net Income 2022: -$1,020,5192022Revenue 2023: $3,407,596Expenses 2023: $2,946,522Net Income 2023: $461,0742023Revenue 2024: $3,605,838Expenses 2024: $3,607,993Net Income 2024: -$2,1552024

Highlighted filing

2024

Revenue$3,605,838
Expenses$3,607,993
Net Income-$2,155

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.72$0.03$1.69$3.61$3.61$0.00
2023Detailed filing. Detailed filing data is available for this year.$1.79$0.13$1.66$3.41$2.95$0.46
2022Detailed filing. Detailed filing data is available for this year.$1.22$0.09$1.12$0.87$1.89$1.02
2021Detailed filing. Detailed filing data is available for this year.$2.56$0.41$2.14$3.32$3.57$0.25
2020Detailed filing. Detailed filing data is available for this year.$2.82$0.44$2.38$4.26$3.75$0.51
2019Detailed filing. Detailed filing data is available for this year.$2.49$0.63$1.86$4.02$4.35$0.33
2018Detailed filing. Detailed filing data is available for this year.$2.19$0.14$2.05$4.63$4.01$0.62
2017Detailed filing. Detailed filing data is available for this year.$1.79$0.24$1.54$4.62$4.88$0.25
2016Detailed filing. Detailed filing data is available for this year.$1.53$0.14$1.38$3.86$3.91$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.34$0.11$1.23$4.00$4.34$0.34
2014Detailed filing. Detailed filing data is available for this year.$1.70$0.08$1.61$4.42$4.59$0.17
2013Detailed filing. Detailed filing data is available for this year.$2.11$0.14$1.98$4.46$4.13$0.33
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.65$0.14$1.51$4.84
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.53$0.14$1.39$4.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.22$0.63$1.59$2.69
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 12, 2025
Return Version
2024v5.2
Gross Receipts
$3,659,226
Mission and Program Overview

Mission

To empower underserved children and their families in nicaragua to reach their full potential, improve their livelihoods and take advantage of economic opportunity through education and nutrition.

Fabretto's mission is to educate and empower underserved children, youth, and their families to enable them to improve their livelihoods and their communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$914,017$1,001,261▲ $87,244
Cash and Non-Interest-Bearing Accounts$762,308$609,712▼ $152,596
Pledges and Grants Receivable$109,158$101,920▼ $7,238
Land, Buildings, and Equipment, Net$3,667$4,221▲ $554
Total Assets$1,791,150$1,720,714▼ $70,436
Other Assets Total$2,000$3,600▲ $1,600
Liabilities
Deferred Revenue$56,367--
Mortgage Notes Payable Secured by Investment Property$40,033--
Accounts Payable and Accrued Expenses$33,043$30,438▼ $2,605
Total Liabilities$129,443$30,438▼ $99,005
Net Assets / Fund Balance
Net Assets With Donor Restrictions$948,874$1,404,309▲ $455,435
Net Assets Without Donor Restrictions$712,833$285,967▼ $426,866
Total Net Assets Fund Balance$1,661,707$1,690,276▲ $28,569
Total Liabilities and Net Assets / Fund Balance$1,791,150$1,720,714▼ $70,436

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,221$69,052$73,273

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$791,780-▲ $59,631$28,908$822,503
2023$711,183-▲ $104,562$23,965$791,780
2022$733,615-▲ $18,302$40,734$711,183
2021$699,540-▲ $52,506$18,431$733,615
2020$638,561-▲ $78,358$17,379$699,540
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kevin MarinacciCEOFT$99,060$16,949$116,009
Revenue and Support

Revenue Composition

Contributions and Grants
$3,569,027
Program Service Revenue
$0
Investment Income
$28,908
Other Revenue
$7,903
All Other Contributions
$2,998,161
Change in Net Assets
$-2,155

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Food Inventory1$1,374,061Fair Market Value (FMV)
Total Noncash Contributions1$1,374,061-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,605,838
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$30,723
Total Revenue per Audited Statements
$3,636,561
Total Revenue per Form 990
$3,605,838
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,768,462
Other Expenses$588,001
Total Fundraising Expense$299,510
Salaries, Compensation, and Employee Benefits$251,530
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$2,768,462--$2,768,462
Fees for Services Other$116,200$67,378$27,677$211,255
Travel$69,091$745$49,744$119,580
Current Officers, Directors, Trustees, and Key Employees$34,671$33,789$47,549$116,009
Other Salaries and Wages$37,063$18,470$54,768$110,301
Occupancy$45,835--$45,835
Office Expenses$6,243$16,306$11,642$34,191
Advertising$2,382-$25,047$27,429
Information Technology$2,058$8,255$11,340$21,653
Other Expenses$4,056$12,923$3,301$20,280
Payroll Taxes$4,829$3,996$7,826$16,651
Other Employee Benefits$1,853$468$6,248$8,569
Depreciation Depletion$83$3,876$31$3,990
Total Functional Expenses$3,142,222$166,261$299,510$3,607,993

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,607,992
Total Expenses per Audited Statements$3,607,992
Total Expenses per Form 990$3,607,992
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
0
Employees
0
Spending
$0

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$61,291
Fundraising Direct Expenses$53,388
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
New York Event$199,715$7,890$5,000$2,890
Dc Event$132,340$4,734$5,000$-266
Total Events$539,420$61,291$53,388$7,903
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
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
Yes
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 A, Line 2

Carl marinacci, board member, is the father of kevin marinacci, ceo.

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

The form 990 is prepared by an independent accounting firm and provided to the treasurer and the finance committee for review. An electronic copy of the draft 990 is provided to the full board of directors prior to filing.

Form 990, Part VI, Section B, Line 12C

Upon joining the organization and each year thereafter, all board members, officers and staff are required to sign a statement that affirms they received a copy of the conflicts of interest policy; have read and understand the policy; agree to comply with the policy; and disclose any conflicts of interest or potential conflicts of interest that have arisen in the previous year (and were not already disclosed) or are expected in the coming year. All fabretto board members, officers and staff return these signed statements to the board secretary, who keeps them on file for at least seven years.

Form 990, Part VI, Section B, Line 15A

Ceo compensation for other non-profits of similar mission and income are surveyed and compared to the foundation ceo's salary (using public information on ceo compensation gathered from irs 990s). This information is provided to the compensation committee. The compensation committee reviews the salary information and determines compensation levels for the ceo. Other officers and key employee salaries are also reviewed and approved by the compensation committee on an annual basis.

Form 990, Part VI, Section C, Line 19

Form 990, part vi, section c, line 19: the organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Additionally, the organization's financial statements and form 990 are available to the public on its website.

Filing and Contact Details

Filer

Filer Name
FABRETTO CHILDREN'S FOUNDATION INC
EIN
36-3894824
Phone
7035258716
Address
1563 SHERMAN AVENUE 201, EVANSTON, IL 60201

Signing Officer

Name
Kevin Marinacci
Title
CEO
Phone
7035258716
Signed
2025-09-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Marinacci
Formed
1993
Legal Domicile
Il
Voting Board Members
14
Independent Board Members
13
Employees
4
Volunteers
13

Preparer

Firm
De La Hoz Perez & Barbeito Pllc
Address
2800 PONCE DE LEON BLVD SUITE 1020, CORAL GABLES, FL 33134
Preparer
David G Barbeito CPA
Phone
3054485585
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organization is recognized as a tax-exempt organization under the internal revenue code (the irc) section 501(c)(3), and is exempt from income taxes except for taxes on unrelated business activities. No tax expense is recorded in the accompanying financial statements, as there was no unrelated business taxable income. Contributions to the organization are deductible as provided in the irc section 170(b)(1)(a)(vi). Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more-likely-than-not be sustained upon examination by taxing authorities. The organization has analyzed tax positions taken for filing with the internal revenue service and all state jurisdictions where it operates. The organization believes that income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on the organization's financial condition, change in net assets or cash flows. Accordingly, the organization has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at december 31, 2024. The organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The organization's federal and state income tax returns are generally open to examination beginning with fiscal year ended 2021.

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IRS990/ActivityOrMissionDesc0FABRETTO'S MISSION IS TO EDUCATE AND EMPOWER UNDERSERVED CHILDREN, YOUTH, AND THEIR FAMILIES TO ENABLE THEM TO IMPROVE THEIR LIVELIHOODS AND THEIR COMMUNITIES.
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IRS990/Desc0AT FABRETTO, WE BELIEVE IN THE POWER OF EDUCATION TO ENABLE CHILDREN AND YOUTH, OUR FUTURE LEADERS, TO BREAK THE CYCLE OF POVERTY. WE STRIVE TO BRING MEANINGFUL OPPORTUNITIES FOR GROWTH, DEVELOPMENT, AND LEARNING TO CHILDREN, YOUTH, AND FAMILIES. BY PARTNERING WITH ORGANIZATIONS AND FUNDERS WHO SERVE CHILDREN AND YOUTH IN COUNTRIES ACROSS CENTRAL AMERICA, WE CAN AMPLIFY OUR IMPACT, SERVING THOSE WHO SERVE. FABRETTO SUPPORTS CHILD AND YOUTH DEVELOPMENT IN CENTRAL AMERICA THROUGH FOUR KEY PROGRAMS: EDUCATION, NUTRITION, CHILD SPONSORSHIP, AND YOUTH EMPOWERMENT.EDUCATION PROGRAMFABRETTO'S EDUCATION PROGRAM FOCUSES ON IMPROVING THE QUALITY OF EDUCATION DURING THE CRITICAL FIRST YEARS OF A CHILD'S EDUCATION PARTICULARLY PRESCHOOL AND 1ST TO 3RD GRADE. WE DO THIS THROUGH:TEACHER DEVELOPMENT: WE TRAIN PRESCHOOL AND EARLY GRADE PRIMARY SCHOOL TEACHERS IN OUR "FABRETTITO" MODEL OF EDUCATION. OUR MODEL PROVIDES COACHING AND ACCOMPANIMENT TO TEACHERS IN THE MEDIUM TO LONG TERM TO ENSURE SUSTAINABILITY. STRENGTHENING SCHOOLS: IN PARALLEL TO TEACHER DEVELOPMENT, WE BUILD, REMODEL, AND EQUIP PRESCHOOLS, PRIMARY SCHOOLS, AND COMMUNITY EDUCATION CENTERS WITH KEY RESOURCES AND IMPROVEMENTS THAT ENABLE THEM TO BETTER SERVE CHILDREN IN THE HARDEST-TO-REACH COMMUNITIES IN CENTRAL AMERICA. NUTRITION PROGRAMTHROUGH THE NUTRITION PROGRAM, FABRETTO WORKS WITH OUR PARTNERS TO IMPROVE ACCESS TO NUTRITIOUS SCHOOL MEALS AND STRENGTHEN HOLISTIC CHILD DEVELOPMENT AND SCHOOL ATTENDANCE. WE DO THIS THROUGH:SCHOOL MEALS: WE CONNECT HIGH-NEED SCHOOLS WITH FORTIFIED FOODS THAT IMPROVE NUTRITIONAL VALUE OF THE MEALS THEY SERVE. WE ALSO SUPPORT NUTRITION EDUCATION, INLCUDING TRAINING SCHOOL COOKS IN CULTURALLY-ADAPTED RECIPES. LOCAL PRODUCTION OF FOOD: WE SUPPORT PARTNERS IN DEVELOPING SUSTAINABLE APPROACHES TO PRODUCING HEALTHY FOODS LOCALLY. CHILD SPONSORSHIP PROGRAMCHANGE A LIFE THROUGH CHILD SPONSORSHIP! AS A FABRETTO CHILD SPONSOR, YOU CAN FIGHT POVERTY IN CENTRAL AMERICAN COMMUNITIES WHILE CREATING A LASTING CONNECTION WITH A CHILD. FOR JUST OVER $1 A DAY ($40/MONTH), CHILD SPONSORS PROVIDE AN UNDERPRIVILEGED CHILD WITH QUALITY EDUCATION, NUTRITION, AND A SUPPORTIVE COMMUNITY. CHILD SPONSORS PROVIDE ACCESS TO ESSENTIAL LIFE RESOURCES THAT MAKE AN ENORMOUS DIFFERENCE FOR CHILDREN IN IMPOVERISHED COMMUNITIES. WITH YOUR HELP, YOUR SPONSORED CHILD WILL HAVE ACCESS TO QUALITY EDUCATION AND NUTRITION PROGRAMS AND A SUPPORTIVE SCHOOL COMMUNITY. OUR HOLISITIC APPROACH MEANS THAT FABRETTO WORKS CLOSELY WITH GRASSROOTS, ON-THE-GROUND NGO PARTNERS TO DELIVER PROGRAMMING, AS WELL AS WORKING TOGETHER WITH CHILDREN'S TEACHERS AND PARENTS TO CREATE LASTING CHANGE. YOUTH EMPOWERMENT PROGRAMFABRETTO'S YOUTH EMPOWERMENT PROGRAM SEEKS TO PREPARE CENTRAL AMERICAN YOUTH TO THRIVE THROUGH COURSES THAT COMBINE ACADEMIC AND TECHNICAL SKILLS, PERSONAL DEVELOPMENT, AND COMMUNITY SERVICE. WE DO THIS THROUGH:TECHNOLOGY INTEGRATION: WE SHARE OUR FIELD-TESTED APPROACH TO LEVERAGING DIGITAL RESOURCES TO STRENGTHEN LEARNING, PARTICULARLY IN STEM FIELDS, WITH ORGANIZATIONS SERVING RURAL LOW-TO NO-CONNECTIVITY COMMUNITIES. WE TRAIN TEACHERS AND STAFF, EQUIP SCHOOLS, AND DEVELOP AND SHARE DIGITAL CONTENT. YOUTH TRAINING (SATEC MODEL): WE TRAIN RURAL YOUTH IN AGRICULTURAL SKILLS THROUGH OUR SATEC TRAINING PROGRAM WHILE CONTRIBUTING TO PERSONAL AND COMMUNITY DEVELOPMENT. WE TRAIN LOCAL FACILITATORS, SHARE CURRICULA AND MATERIALS, AND PROVIDE TECHNICAL ASSISTANCE THROUGHOUT COURSE IMPLEMENTATION. FABRETTO EDUCA: FABRETTO OFFERS BLENDED LEARNING COURSES TO CENTRAL AMERICAN YOUTH THROUGH OUR ONLINE TRAINING PLATFORM, FABRETTO EDUCA, IN TOPICS SUCH AS ENTREPRENEURSHIP AND JOB READINESS. RURAL SECONDARY EDUCATION: WE WORK ALONGSIDE LOCAL PARTNERS TO ADVOCATE FOR AND STRENGTHEN HIGH QUALITY, ALTERNATIVE SECONDARY EDUCATION MODELS THAT EXPAND ACCESS IN RURAL COMMUNITIES OF CENTRAL AMERICA, WITH A PARTICULAR FOCUS ON THE SISTEMA DE APPRENDIZAJE TUTORIAL (SAT) MODEL.
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IRS990/Form990PartVIISectionAGrp/PersonNm2CARL PASQUALE MARINACCI
IRS990/Form990PartVIISectionAGrp/PersonNm3IAN JAMES KNOX
IRS990/Form990PartVIISectionAGrp/PersonNm4MARY LORETO BURKE
IRS990/Form990PartVIISectionAGrp/PersonNm5SAMANTHA JANE CHADWICK
IRS990/Form990PartVIISectionAGrp/PersonNm6JULIE EASON MANER
IRS990/Form990PartVIISectionAGrp/PersonNm7CARLOS FRANCISCO MAYORGA
IRS990/Form990PartVIISectionAGrp/PersonNm8CHRISTOPHER MATTHEW MITCHELL
IRS990/Form990PartVIISectionAGrp/PersonNm9JOHN JEFFERY MULLEN
IRS990/Form990PartVIISectionAGrp/PersonNm10WILLIAM GRADY REYNOLDS
IRS990/Form990PartVIISectionAGrp/PersonNm11FRANCIS JOGUES RIENZO
IRS990/Form990PartVIISectionAGrp/PersonNm12DARIN ROWELL
IRS990/Form990PartVIISectionAGrp/PersonNm13ABIGAL LOU STONE
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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
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IRS990/FundraisingGrossIncomeAmt061291
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GovernmentGrantsAmt092737
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IRS990/GrantsToIndividualsInd00
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IRS990/GrossReceiptsAmt03659226
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IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
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IRS990/InformationTechnologyGrp/FundraisingAmt011340
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt08255
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IRS990/MinutesOfCommitteesInd01
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IRS990/MissionDesc0FABRETTO'S MISSION IS TO EDUCATE AND EMPOWER UNDERSERVED CHILDREN, YOUTH, AND THEIR FAMILIES TO ENABLE THEM TO IMPROVE THEIR LIVELIHOODS AND THEIR COMMUNITIES.
IRS990/MoreThan5000KToIndividualsInd00
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IRS990/OfficeExpensesGrp/TotalAmt034191
IRS990/OfficerMailingAddressInd00
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IRS990/Organization501c3Ind0X
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IRS990/OtherAssetsTotalGrp/BOYAmt02000
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IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt06248
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0468
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01853
IRS990/OtherEmployeeBenefitsGrp/TotalAmt08569
IRS990/OtherExpensesGrp/Desc0FOOD AND BEVERAGE
IRS990/OtherExpensesGrp/Desc1CONTAINER SHIPPING AND
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
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IRS990/OwnWebsiteInd0X
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IRS990/QuidProQuoContributionsInd01
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IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 2019 AMOUNT: $41418. 2021 AMOUNT: $6406. 2022 AMOUNT: $119. 2023 AMOUNT: 0. EQUITY EARNINGS IN SUB. 2022 AMOUNT: $225838.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II LINE 10 EXPLANATION FOR OTHER INCOME
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt03265609
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IRS990ScheduleA/OtherIncome170Grp/TotalAmt0232482
IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990/ScheduleBRequiredInd01
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IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0791780
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IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt069052
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt073273
IRS990ScheduleD/ExpensesNotReportedAmt00
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IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/RevenueNotReportedAmt030723
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03605838
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS RECOGNIZED AS A TAX-EXEMPT ORGANIZATION UNDER THE INTERNAL REVENUE CODE (THE IRC) SECTION 501(C)(3), AND IS EXEMPT FROM INCOME TAXES EXCEPT FOR TAXES ON UNRELATED BUSINESS ACTIVITIES. NO TAX EXPENSE IS RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS, AS THERE WAS NO UNRELATED BUSINESS TAXABLE INCOME. CONTRIBUTIONS TO THE ORGANIZATION ARE DEDUCTIBLE AS PROVIDED IN THE IRC SECTION 170(B)(1)(A)(VI). INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE-LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE ORGANIZATION HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE AND ALL STATE JURISDICTIONS WHERE IT OPERATES. THE ORGANIZATION BELIEVES THAT INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON THE ORGANIZATION'S FINANCIAL CONDITION, CHANGE IN NET ASSETS OR CASH FLOWS. ACCORDINGLY, THE ORGANIZATION HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT DECEMBER 31, 2024. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE ORGANIZATION'S FEDERAL AND STATE INCOME TAX RETURNS ARE GENERALLY OPEN TO EXAMINATION BEGINNING WITH FISCAL YEAR ENDED 2021.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04221
IRS990ScheduleD/TotalExpensesPerForm990Amt03607992
IRS990ScheduleD/TotalRevenuePerForm990Amt03605838
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03636561

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