Civic Intelligence

Danny Wallace Foundation Inc.

990EZ • Fiscal year 2024 • EIN 84-3019594

Jan 01, 2024 to Dec 31, 2024 • Filed on Nov 11, 2025

24 Parkwood RdTrumbull, CT 06611

(203) 610-7636

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

57th percentile

0.00x

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

66th percentile

13%

Higher net margin than 66% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

52nd percentile

2.1%

Faster asset growth than 52% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

13th percentile

-43%

Faster revenue growth than 13% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$121,712

Up $2,493 (+2.1%) from 2023

Net Assets

Up

$121,712

Up $2,493 (+2.1%) from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue

Down

$18,852

Down $14,230 (-43%) from 2023

Expenses

Up

$16,359

Up $609 (+3.9%) from 2023

Net Income

Down

$2,493

Down $14,839 (-86%) from 2023

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2019: $58,288Liabilities 2019: $0Net Assets 2019: $58,2882019Assets 2020: $56,700Liabilities 2020: $0Net Assets 2020: $56,7002020Assets 2021: $72,562Liabilities 2021: $0Net Assets 2021: $72,5622021Assets 2022: $101,887Liabilities 2022: $0Net Assets 2022: $101,8872022Assets 2023: $119,219Liabilities 2023: $0Net Assets 2023: $119,2192023Assets 2024: $121,712Liabilities 2024: $0Net Assets 2024: $121,7122024

Highlighted filing

2024

Assets$121,712
Liabilities$0
Net Assets$121,712

Operations Trend

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

$80K$60K$40K$20K$0-$20KRevenue 2019: $73,288Expenses 2019: $15,000Net Income 2019: $58,2882019Revenue 2020: $13,412Expenses 2020: $15,000Net Income 2020: -$1,5882020Revenue 2021: $31,612Expenses 2021: $15,750Net Income 2021: $15,8622021Revenue 2022: $45,075Expenses 2022: $15,750Net Income 2022: $29,3252022Revenue 2023: $33,082Expenses 2023: $15,750Net Income 2023: $17,3322023Revenue 2024: $18,852Expenses 2024: $16,359Net Income 2024: $2,4932024

Highlighted filing

2024

Revenue$18,852
Expenses$16,359
Net Income$2,493
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 11, 2025
Return Version
2024v5.2
Gross Receipts
$45,776
Mission and Program Overview

Mission

The mission is to provide financial scholarship support for students in need of financial assistance and are seeking higher education advancement. The foundation provides scholarhsips to students who demonstrate leadership, volunteerism and charity.

Program Services

DescriptionGrantsExpenses
RAISE FUNDS TO PROVIDE FINANCIAL SCHOLARSHIP SUPPORT FOR HIGH SCHOOL STUDENTS WHO DEMONSTRATE LEADERSHIP, VOLUNTEERISM AND CHARITY.$15,000$28,283
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROBERT WALLACETreasurerPT$0--
JOAN COLLINSSecretaryPT$0--
DACEY DOHERTYDirectorPT$0--
LISA REGINADirectorPT$0--
MICHAEL CERRATAVice PresidentPT$0--
MICHAEL ROMANOCo-PresidentPT$0--
KEVIN JARBOECo-PresidentPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$45,776$45,776-$45,776
Total Events$45,776$45,776$28,283$17,493
Filing and Contact Details

Filer

Filer Name
Danny Wallace Foundation Inc
EIN
84-3019594
Phone
2036107636
Address
24 PARKWOOD RD, TRUMBULL, CT 06611

Signing Officer

Name
Robert Wallace
Title
Treasurer
Phone
2036107636
Signed
2025-11-11
Discuss with paid preparer
Yes

Preparer

Firm
Rolleri & Sheppard Cpas Llp
Address
2150 POST ROAD 5TH FL, FAIRFIELD, CT 06824
Preparer
John M Rolleri CPA
Phone
2032592727
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: eastern connecticut state university. Grantee name: jaydon brown. Amount given: 5,000.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: sacred heart university. Grantee name: jake fitzsimons. Amount given: 5,000.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: uconn. Grantee name: monica rudzinski. Amount given: 5,000. Total included on form 990-ez, line 10: 15,000.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: donation to james olayis jr charitable trust. Amount: 500.

Raw XML Appendix183 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/PhoneNum02036107636
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ROBERT WALLACE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JOAN COLLINS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DACEY DOHERTY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3LISA REGINA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4MICHAEL CERRATA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5MICHAEL ROMANO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6KEVIN JARBOE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5CO-PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6CO-PRESIDENT
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
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IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0500
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IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE MISSION IS TO PROVIDE FINANCIAL SCHOLARSHIP SUPPORT FOR STUDENTS IN NEED OF FINANCIAL ASSISTANCE AND ARE SEEKING HIGHER EDUCATION ADVANCEMENT. THE FOUNDATION PROVIDES SCHOLARHSIPS TO STUDENTS WHO DEMONSTRATE LEADERSHIP, VOLUNTEERISM AND CHARITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0RAISE FUNDS TO PROVIDE FINANCIAL SCHOLARSHIP SUPPORT FOR HIGH SCHOOL STUDENTS WHO DEMONSTRATE LEADERSHIP, VOLUNTEERISM AND CHARITY.
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: EASTERN CONNECTICUT STATE UNIVERSITY. GRANTEE NAME: JAYDON BROWN. AMOUNT GIVEN: 5,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: SACRED HEART UNIVERSITY. GRANTEE NAME: JAKE FITZSIMONS. AMOUNT GIVEN: 5,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACTIVITY CLASSIFICATION: UCONN. GRANTEE NAME: MONICA RUDZINSKI. AMOUNT GIVEN: 5,000. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 15,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: DONATION TO JAMES OLAYIS JR CHARITABLE TRUST. AMOUNT: 500.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT WALLACE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02036107636
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DANNY WALLACE FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0DANN
ReturnHeader/Filer/EIN0843019594
ReturnHeader/Filer/PhoneNum02036107636
ReturnHeader/Filer/USAddress/AddressLine1Txt024 PARKWOOD RD
ReturnHeader/Filer/USAddress/CityNm0TRUMBULL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006611
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0061156122
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ROLLERI & SHEPPARD CPAS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02150 POST ROAD 5TH FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FAIRFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd006824
ReturnHeader/PreparerPersonGrp/PhoneNum02032592727
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN M ROLLERI CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-11-16T10:21:42-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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