Civic Intelligence

Ernest Gallo Foundation

990PF • Fiscal year 2023 • EIN 94-6061537

Nov 01, 2022 to Oct 31, 2023 • Filed on Aug 21, 2024

PO Box 1130Modesto, CA 95353

(209) 341-3395

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

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

2023 filings • $25M-$50M nonprofits • Source year 2023

Liabilities / Revenue

14th percentile

0.00x

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

2023 filings • $25M-$50M nonprofits • Source year 2023

Net Margin

15th percentile

-29%

Higher net margin than 15% of similar nonprofits.

2023 filings • $25M-$50M nonprofits • Source year 2023

Top Officer Pay

19th percentile

$0

Higher top officer pay than 19% of similar nonprofits.

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

2023 filings • $25M-$50M nonprofits • Source year 2023

Asset Growth

26th percentile

-1.1%

Faster asset growth than 26% of similar nonprofits.

2023 filings • $25M-$50M nonprofits • Annualized from 2022 to 2023

Revenue Growth

6th percentile

-62%

Faster revenue growth than 6% of similar nonprofits.

2023 filings • $25M-$50M nonprofits • Annualized from 2022 to 2023

Assets

Down

$43,935,182

Down $507,519 (-1.1%) from 2022

Net Assets

Down

$43,935,182

Down $507,519 (-1.1%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Down

$1,768,918

Down $2,878,738 (-62%) from 2022

Expenses

Up

$2,276,437

Up $341,162 (+18%) from 2022

Net Income

Down

-$507,519

Down $3,219,900 (-119%) from 2022

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2011: $49,742,650Liabilities 2011: $02011Assets 2012: $49,069,578Liabilities 2012: $02012Assets 2013: $48,541,027Liabilities 2013: $02013Assets 2014: $43,200,534Liabilities 2014: $02014Assets 2015: $44,234,832Liabilities 2015: $0Net Assets 2015: $44,234,8322015Assets 2019: $38,422,580Liabilities 2019: $02019Assets 2020: $37,502,662Liabilities 2020: $0Net Assets 2020: $37,502,6622020Assets 2021: $41,730,320Liabilities 2021: $0Net Assets 2021: $41,730,3202021Assets 2022: $44,442,701Liabilities 2022: $0Net Assets 2022: $44,442,7012022Assets 2023: $43,935,182Liabilities 2023: $0Net Assets 2023: $43,935,1822023Assets 2024: $43,280,460Liabilities 2024: $600,000Net Assets 2024: $42,680,4602024

Highlighted filing

2023

Assets$43,935,182
Liabilities$0
Net Assets$43,935,182

Operations Trend

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

$10M$5.0M$0-$5.0M-$10MRevenue 2011: $3,263,372Expenses 2011: $1,552,622Net Income 2011: $1,710,7502011Revenue 2012: $807,278Expenses 2012: $1,480,350Net Income 2012: -$673,0722012Revenue 2013: $1,471,265Expenses 2013: $1,999,816Net Income 2013: -$528,5512013Revenue 2014: $1,231,922Expenses 2014: $6,572,415Net Income 2014: -$5,340,4932014Revenue 2015: $3,288,526Expenses 2015: $2,200,604Net Income 2015: $1,087,9222015Revenue 2019: $1,706,998Expenses 2019: $2,732,200Net Income 2019: -$1,025,2022019Revenue 2020: $1,486,507Expenses 2020: $2,406,425Net Income 2020: -$919,9182020Revenue 2021: $5,999,764Expenses 2021: $1,772,106Net Income 2021: $4,227,6582021Revenue 2022: $4,647,656Expenses 2022: $1,935,275Net Income 2022: $2,712,3812022Revenue 2023: $1,768,918Expenses 2023: $2,276,437Net Income 2023: -$507,5192023Revenue 2024: $2,829,753Expenses 2024: $4,084,475Net Income 2024: -$1,254,7222024

Highlighted filing

2023

Revenue$1,768,918
Expenses$2,276,437
Net Income-$507,519
Jump To
Filing Snapshot
Filing Period
Nov 1, 2022 to Oct 31, 2023
Signed
Aug 21, 2024
Return Version
2022v5.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOSEPH E GALLOPresident-$0--
MATTHEW I FRIEDRICHSecretary-$0--
MARY C GALLOTreasurer-$0--
ERNEST J GALLOVice President-$0--
CHRISTOPHER D GALLOVice President-$0--
Filing and Contact Details

Filer

Filer Name
Ernest Gallo Foundation
EIN
94-6061537
Phone
2093413395
Address
PO BOX 1130, MODESTO, CA 95353

Signing Officer

Name
Matthew I Friedrich
Title
Secretary
Phone
2093413395
Signed
2024-08-21
Discuss with paid preparer
Yes

Preparer

Firm
Moss Adams Llp
Address
255 E RIVER PARK CIRCLE STE 220, FRESNO, CA 93720
Preparer
Tracy S Paglia
Phone
5593895700
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InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYFMVAmt105160808
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYFMVAmt106168803
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYFMVAmt10750894
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYFMVAmt108190494
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYFMVAmt10962756
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYFMVAmt110186093
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYFMVAmt11137229
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYFMVAmt112140118
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm0ABBVIE INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm1ADOBE INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm2AFLAC INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm3AIRBNB INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm4ALPHABET INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm5ALPHABET INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm6AMAZON.COM INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm7AMER EXPRESS CO
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm8AMER FUNDS EUROPACIFIC GROWTH FUND
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm9AMERICAN FUNDS STRATEGIC BOND FUND
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm10AMERIPRISE FINANCIAL INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm11AON PLC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm12APPLE INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm13ARCH CAPITAL GROUP LTD
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm14ARES MANAGEMENT CORP
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm15ARGONAUT GOLD INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm16AUTONATION INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm17AUTOZONE INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm18BANK OF AMER CORP
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm19BECTON DICKINSON & CO
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm20BOOKING HLDGS INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm21BOYD GAMING CORP
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm22BROADCOM INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm23CADENCE DESIGN SYSTEM
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm24CARDINAL HEALTH INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm25CHIPOTLE MEXICAN GRILL INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm26CINTAS CORP
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm27CLEAN HARBORS INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm28CME GROUP INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm29COMCAST CORP
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm30CONOCOPHILLIPS
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm31COPART INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm32COSTCO WHOLESALE CORP
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm33CROWDSTRIKE HLDGS INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm34CUMMINS INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm35D R HORTON INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm36DELTA AIRLINES INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm37DODGE & COX INTERNATIONAL STOCK FUND
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm38DOMINO'S PIZZA INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm39DUKE ENERGY CORP
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm40EDISON INTL
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm41ELECTRONIC ARTS
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm42EXLSERVICE HOLDINGS INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm43EXXON MOBIL CORP
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm44FISERV INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm45FORTINET INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm46GARTNER INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm47GENUINE PARTS CO
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm48HOME DEPOT INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm49HUBBELL INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm50INTERPUBLIC GROUP OF COS INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm51IQVIA HLDGS INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm52JABIL INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm53JOHNSON & JOHNSON COM
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm54JPMORGAN CHASE & CO
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm55KEURIG DR PEPPER INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm56KIMBERLY CLARK CORP
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm57KLA CORP
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm58LAMAR ADVERTISING CO
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm59MANHATTAN ASSOC INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm60MARATHON PETROLEUM CO
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm61MARSH & MCLENNAN COS INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm62MASTERCARD INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm63MCDONALDS CORP
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm64MCKESSON CORP
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm65MDC HOLDINGS INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm66MEDTRONIC PLC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm67MERCK & CO INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm68META PLATFORMS INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm69MICROSOFT CORP
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm70MONDELEZ INTL INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm71MORGAN STANLEY
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm72MOTOROLA SOLUTIONS INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm73NETFLIX INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm74NIKE INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm75NVIDIA CORP
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm76OLD REPUBLIC INTL CORP
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm77PARKER HANNIFIN CORP
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm78PAYCHEX INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm79PEPSICO INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm80PERFORMANCE FOOD GROUP CO
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm81PINTEREST INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm82PROCTER & GAMBLE CO
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm83PUBLIC SERVICE ENTERPRSE GROUP INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm84QUALCOMM INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm85QUALYS INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm86SALESFORCE INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm87SHOPIFY INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm88SITEONE LANDSCAPE SUPPLY INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm89SNAP ON INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm90SPOTIFY TECHNOLOGY
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm91STRYKER CORP
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm92TAIWAN SEMICONDUCTOR MFG CO LTD
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm93TARGET CORP
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm94TEXAS INSTRUMENTS
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm95THERMO FISHER SCIENTIFIC INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm96TJX COS INC NEW
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm97T-MOBILE US INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm98UBS GROUP AG
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm99ULTA BEAUTY INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm100UNILEVER PLC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm101UNITED PARCEL SERVICE INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm102UNITEDHEALTH GROUP INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm103VEEVA SYSTEMS INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm104VERTEX PHARMACEUTICAL INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm105VISA INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm106WALMART INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm107WASTE CONNECTIONS INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm108WATSCO INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm109WESTLAKE CORP
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm110WORKDAY INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm111ZILLOW GROUP INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm112ZIMMER BIOMET HOLDINGS INC
InvestmentsGovtObligationsSch/StateLocalSecBookVlEOYAmt00
InvestmentsGovtObligationsSch/StateLocalSecEOYFMVAmt00
InvestmentsGovtObligationsSch/USGovtObligationsBookVlEOYAmt01445827
InvestmentsGovtObligationsSch/USGovtObligationsEOYFMVAmt01456193
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt0100000
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt1100000
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt2200000
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt3250622
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt43871764
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt5200000
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt6100000
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt7100000
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt8100000
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt92293642
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt10200000
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt112751631
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt121153067
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt1346983
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt1498326
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt152000000
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt0BARCLAYS BK
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt1CAPITAL ONE BK
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt2CHARLES SCHWAB BAN NV US
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt3ENTERPRISE PRODUCTS PARTNER LP
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt4FIRST EAGLE GLOBAL FUNDSCLASS I
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt5GOLDMAN SACHS BANK
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt6MORGAN STANLEY BK
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt7SYNCHRONY BANK
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt8WELLS FARGO BK
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt9NINETEEN77 GLOBAL MULTI-STRATEGY LTD
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt10ALKEON GROWTH OFFSHORE FUND LTD
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt11DOUBLE BLACK DIAMOND LTD
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt12BRAESIDE CAPITAL II LP

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