Allegro Foundation
- Assets
- $1.5m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 5
- Location
- Charlotte, NC
- Founding
- 02/2004
- Data as of
- 09/2023
- EIN
- 20-0221482
Organization Overview
Allegro Foundation is located in Charlotte, NC. The organization was established in 2004. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 09/2023, Allegro Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Allegro Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Allegro Foundation generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $999.5k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ALLEGRO FOUNDATION IS A 501(C)(3) NON-PROFIT ORGANIZATION THAT COMBINES MOVEMENT INSTRUCTION WITH EDUCATIONAL AND MEDICAL EXPERTISE, CREATING NEW TECHNIQUES TO TEACH CHILDREN WITH DISABILITIES AND ENHANCE THEIR QUALITY OF LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALLEGRO FOUNDATION, AS A CHAMPION FOR CHILDREN WITH DISABILITIES, COMBINES MOVEMENT INSTRUCTION WITH MEDICAL AND EDUCATIONAL EXPERTISE, CREATING NEW TECHNIQUES TO TEACH CHILDREN WITH DISABILITIES AND ENHANCE THEIR QUALITY OF LIFE.
ALLEGRO FOUNDATION, AS A CHAMPION FOR CHILDREN WITH DISABILITIES, COMBINES MOVEMENT INSTRUCTION WITH MEDICAL AND EDUCATIONAL EXPERTISE, CREATING NEW TECHNIQUES TO TEACH CHILDREN WITH DISABILITIES AND ENHANCE THEIR QUALITY OF LIFE.
THROUGHOUT FY2022, ALLEGRO FOUNDATION TAUGHT MORE THAN 800 CHILDREN WITH DISABILITIES USING APPROXIMATELY 500 VOLUNTEERS IN CHARLOTTE, NORTH CAROLINA AND FORT MILL, SC. THE FOUNDATION USES AN INNOVATIVE SET OF EDUCATIONAL PRINCIPLES AND MOVEMENT TECHNIQUES TO INVOKE MEASURABLE ACADEMIC LEARNING. ALLEGRO FOUNDATION DOES NOT DISCRIMINATE AGAINST ANY TYPE OF DISABILITY IN ITS MORE THAN 50 FREE MOVEMENTS EDUCATION PROGRAMS ON-SITE AT PUBLIC ELEMENTARY SCHOOLS, PRESCHOOLS, SUMMER CAMPS, AND AFTER- SCHOOL COMMUNITY OUTREACH LOCATIONS.
ALLEGRO'S MOVEMENT EDUCATION INSTRUCTION EVIDENCED IMMENSE GROWTH IN COGNITIVE, PHYSICAL, AND SOCIAL DEVELOPMENT IN ALL ENROLLED STUDENTS WITH DISABILITIES. MEASUREMENT OF GROSS AND FINE MOTOR SKILLS INDICATED GROWING FLEXIBILITY AND MUSCLE STRENGTH GAINED THROUGH ALLEGRO'S MOVEMENT EDUCATION TECHNIQUES, WHILE TARGETED INSTRUCTION PRODUCED SIGNIFICANT GAINS IN BOTH RECEPTIVE AND EXPRESSIVE LANGUAGE. OVERALL, ATTENTION SPAN FOR ALL STUDENTS INCREASED BY AN AVERAGE OF 153%, WHILE ALLEGRO'S EMPHASIS ON BILATERAL COORDINATION INCREASED MULTI-HEMISPHERIC NEURAL ACTIVITY, ENGAGING BOTH SIDES OF OUR STUDENTS' BRAINS SIMULTANEOUSLY FOR A MORE COMPLETE LEARNING EXPERIENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pat Farmer Founder/pres | OfficerTrustee | 70 | $138,000 |
Jane Fastje Coo/program/ | OfficerTrustee | 40 | $10,890 |
Kathy Buckley Secretary/bo | OfficerTrustee | 2 | $0 |
Turner Dayton Board Member | Trustee | 2 | $0 |
Hadley Pacheco ESQ Board Member | Trustee | 2 | $0 |
John C Muller Jr Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,291,256 |
| Noncash contributions included in lines 1a–1f | $378,808 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,291,256 |
| Total Program Service Revenue | $0 |
| Investment income | $25,478 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,316,734 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $357,576 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $21,148 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $38,805 |
| Advertising and promotion | $2,180 |
| Office expenses | $38,453 |
| Information technology | $31,098 |
| Royalties | $0 |
| Occupancy | $217,608 |
| Travel | $15,415 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,966 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,708 |
| Insurance | $6,487 |
| All other expenses | $27,910 |
| Total functional expenses | $999,498 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,338,711 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $45,932 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,358 |
| Net Land, buildings, and equipment | $55,604 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $62,984 |
| Total assets | $1,504,589 |
| Accounts payable and accrued expenses | $54,533 |
| Grants payable | $0 |
| Deferred revenue | $20,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $62,984 |
| Total liabilities | $137,517 |
| Net assets without donor restrictions | $1,367,072 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,504,589 |