Confetti Foundation
- Assets
- $143.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Middletown, RI
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 46-4114252
Organization Overview
Confetti Foundation is located in Middletown, RI. The organization was established in 2014. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Confetti 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 12/2021, Confetti Foundation generated $188.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.7% each year . All expenses for the organization totaled $169.6k during the year ending 12/2021. While expenses have increased by 31.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE BIRTHDAY CELEBRATIONS TO CHILDREN WHILE THEY ARE IN THE HOSPITAL ON THEIR BIRTHDAYS. THE CONFETTI FOUNDATION PROVIDED 3,816 BIRTHDAYS FOR CHILDREN IN 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Ellen Frazier Secretary | 5 | $0 | |
Molly Mcshane Kelly Treasurer | 1 | $0 | |
Stephanie Frazier Grimm Founder/ceo | 40 | $0 | |
Edwin Paul Grimm II Vice President | 5 | $0 | |
Julianne Smith Trustee | 1 | $0 | |
Sierra Zschirnt Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $188,264 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $188,264 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $21,171 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $4,177 |
| Printing, publications, postage, and shipping | $26,070 |
| Other expenses | $118,136 |
| Total expenses | $169,554 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $105,322 |
| Other assets | $0 |
| Total assets | $143,613 |
| Total liabilities | $0 |
| Net assets or fund balances | $143,613 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Confetti Foundation has recieved totaling $18,964.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of New Jersey Morristown, NJ PURPOSE: GENERAL SUPPORT | $11,694 |
Mile High United Way Inc Denver, CO PURPOSE: DONOR ADVISED FUND | $6,000 |
Francis Peck Charitable Foundation Inc Newport, RI PURPOSE: CHARITABLE | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $207 |
Yelp Foundation San Francisco, CA PURPOSE: MATCHING CONTRIBUTION MADE BY EMPLOYEE OF YELP, INC. | $40 |
Xcel Energy Foundation Minneapolis, MN PURPOSE: MATCHING EMPLOYEE DONATION | $23 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Third Sector Capital Partners Inc Boston, MA | $27,345,891 | $27,551,770 |
Build Commonwealth Inc Boston, MA | $4,562,136 | $1,917,151 |
Boston Public Market Boston, MA | $10,519,355 | $1,304,589 |
Catholic Investment Services Inc Boston, MA | $1,253,675 | $2,110,461 |
Worcester Community Housing Resources Inc Worcester, MA | $25,013,732 | $2,233,936 |
Ocean State Business Development Authority Inc Warwick, RI | $521,138 | $1,243,867 |
Coalition For Social Justice Education Fund Inc New Bedford, MA | $653,415 | $1,123,859 |
Support The Soupman Corp Bridgewater, MA | $218,317 | $496,171 |
Foundation For Agnosticism And Meritocracy Inc Woburn, MA | $28,436 | $0 |
Rhode Island Saltwater Anglers Association Tiverton, RI | $430,207 | $114,883 |
Confetti Foundation Middletown, RI | $143,613 | $0 |
Authentic Caribbean Foundation Boston, MA | $37,023 | $0 |