Princeton Pettoranello Foundation Inc is located in Princeton, NJ. The organization was established in 1992. According to its NTEE Classification (Q20) the organization is classified as: Promotion of International Understanding, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Princeton Pettoranello Foundation Inc 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 12/2022, Princeton Pettoranello Foundation Inc generated $7.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.5%) each year. All expenses for the organization totaled $2.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (27.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
SEE ATTACHED
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,825 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3,753 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $767 |
| Other Revenue | $0 |
| Total Revenue | $7,345 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $799 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $542 |
| Total expenses | $1,991 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $109,629 |
| Other assets | $0 |
| Total assets | $198,484 |
| Total liabilities | $0 |
| Net assets or fund balances | $198,484 |