Starvaggi Charities Inc
- Assets
- $8.7m
- Revenue
- $987.5k
- Investments
- $8.4m
- Employees
- 0
- Location
- Weirton, WV
- Founding
- 02/1954
- Data as of
- 01/2024
- EIN
- 55-0602138
Organization Overview
Starvaggi Charities Inc is located in Weirton, WV. The organization was established in 1954. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Starvaggi Charities 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 01/2024, Starvaggi Charities Inc generated $987.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 31.6% each year . All expenses for the organization totaled $548.6k during the year ending 01/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Starvaggi Charities Inc has awarded 256 individual grants totaling $4,349,501. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Luke R Myers President | 1 | $0 | |
Melissa A Veltri Treasurer | 1 | $0 | |
Richard Trzaskoma Vice President | 1 | $0 | |
Crispino V Conti Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $871,132 |
| Interest on Savings | $0 |
| Dividends & Interest | $114,291 |
| 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 | $2,100 |
| Total Revenue | $987,523 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $25,443 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $209 |
| Total operating and administrative expenses | $30,552 |
| Contributions, gifts, grants paid | $518,069 |
| Total expenses and disbursements | $548,621 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $48,481 |
| Savings and temporary cash investments | $183,183 |
| 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 | $28,354 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,613 |
| Total assets | $8,674,349 |
| 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, Starvaggi Charities Inc has awarded $518,069 in support to 46 organizations.
| Grant Recipient | Amount |
|---|---|
A CHILD'S PLACE CASA LTD PURPOSE: TO GIVE AT-RISK YOUTH THE OPPORTUNITY TO GROW INTO RESPONSIBLE ADULTS. | $500 |
ALL SAINTS GREEK ORTHODOX CHURCH PURPOSE: FOR FELLOWSHIP | $200 |
BETHANY COLLEGE PURPOSE: GENERAL FUND | $500 |
CHANGE INC PURPOSE: TABLE OF HOPE TO FEED THE HUNGRY | $500 |
BROOKE-HANCOCK RETIRED SENIOR VOLUNTEER PURPOSE: TO ASSIST THE VOLUNTEERS THAT PROVIDE SERVICES TO UNITED WAY AGENCIES | $300 |
CHRIST UNITED METHODIST CHURCH PURPOSE: FOR FELLOWSHIP | $200 |