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 12/2022, Confetti Foundation generated $162.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.2% each year . All expenses for the organization totaled $183.8k during the year ending 12/2022. 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
PROVIDE BIRTHDAY CELEBRATIONS TO CHILDREN WHILE THEY ARE IN THE HOSPITAL ON THEIR BIRTHDAYS. THE CONFETTI FOUNDATION PROVIDED 2,350 BIRTHDAYS FOR CHILDREN IN 2022.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephanie Frazier Grimm Founder/ceo | 40 | $0 | |
Edwin Paul Grimm II Vice President | 5 | $0 | |
Mary Ellen Frazier Secretary | 5 | $0 | |
Molly Mcshane Kelly Treasurer | 1 | $0 | |
Sierra Zschirnt Trustee | 1 | $0 | |
Alison Phillips Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $162,714 |
| 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 | $162,714 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $21,966 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $3,955 |
| Printing, publications, postage, and shipping | $18,512 |
| Other expenses | $139,358 |
| Total expenses | $183,791 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $85,390 |
| Other assets | $0 |
| Total assets | $122,536 |
| Total liabilities | $0 |
| Net assets or fund balances | $122,536 |