Federal Focus Inc
- Assets
- $1.1m
- Revenue
- $51.2k
- Investments
- $1.1m
- Employees
- 0
- Location
- Washington, DC
- Founding
- 07/1987
- Data as of
- 12/2022
- EIN
- 52-1491985
Organization Overview
Federal Focus Inc is located in Washington, DC. The organization was established in 1987. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Federal Focus 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, Federal Focus Inc generated $51.2k 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 (14.0%) each year. All expenses for the organization totaled $133.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Federal Focus Inc has awarded 93 individual grants totaling $107,275. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
BLUES ALLEY CLUB
GAY MEN'S CHORUS OF WASHINGTON DC
DILLARD JAZZ ENSEMBLE
PRESERVATION HALL FOUNDATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James J Tozzi Director | 5 | $54,563 | |
Ann Tozzi Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,280 |
| Dividends & Interest | $48,964 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $51,244 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $54,563 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,674 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $5,921 |
| Printing and publications | $0 |
| Other expenses | $20,926 |
| Total operating and administrative expenses | $126,184 |
| Contributions, gifts, grants paid | $6,790 |
| Total expenses and disbursements | $132,974 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $52,394 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,089,519 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,141,913 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Federal Focus Inc has awarded $6,790 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
BLUES ALLEY CLUB PURPOSE: GENERAL PURPOSE | $1,000 |
DILLARD JAZZ ENSEMBLE PURPOSE: GENERAL PURPOSE | $500 |
GMCW PURPOSE: GENERAL PURPOSE | $1,890 |
LASTIE PRODUCTION LLC PURPOSE: GENERAL PURPOSE | $500 |
POTOMAC RIVER JAZZ CLUB PURPOSE: GENERAL PURPOSE | $300 |
PRESERVATION HALL FOUNDATION PURPOSE: GENERAL PURPOSE | $500 |