St Alfio Society Of Pennsylvania Inc is located in Media, PA. The organization was established in 2004. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations.
For the year ending 12/2018, St Alfio Society Of Pennsylvania Inc generated $7.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (6.6%) each year. All expenses for the organization totaled $18.9k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (7.1%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2018
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO FOSTER DEVOTION TO STS ALFIO, FILADELIO, AND CIRINO, TO CELEBRATE RELIGIOUS HOLIDAYS, TO GUIDE AND ENCOURAGE YOUTH SO THAT THEY WILL GROW INTO ADULTHOOD WITH A LASTING DEVOTION TO GOD.
PROVIDE FUNDING FOR OTHER NOT FOR PROFIT ORGANIZATIONS FOR CAPITAL AND OPERATING PURPOSES. FOUR ORGANIZATIONS WERE SUPPORTED IN 2017
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John R Grasso President | 10 | $0 | |
John R Grasso Treasurer | 10 | $0 | |
Peter Jaffe Secretary | 10 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6 |
| Dividends & Interest | $5,821 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,106 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,008 |
| Total Revenue | $7,729 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,838 |
| Depreciation | $1,960 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,845 |
| Total operating and administrative expenses | $15,143 |
| Contributions, gifts, grants paid | $3,725 |
| Total expenses and disbursements | $18,868 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,458 |
| Savings and temporary cash investments | $25,780 |
| 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 | $0 |
| Net Land, buildings, and equipment | $200,903 |
| Other assets | $0 |
| Total assets | $292,611 |
| 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 |
Over the last fiscal year, St Alfio Society Of Pennsylvania Inc has awarded $3,725 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
FRIENDS OF FATHER VINCENT PURPOSE: DONATION | $2,500 |
ST RITA RC CHURCH PURPOSE: DONATION | $1,000 |
CATHOLIC COMMUNITY OF HOLY SPRIT PURPOSE: DONATION | $0 |
AQUINAS ACADEMY PURPOSE: DONATION | $0 |
VARIOUS PURPOSE: DONATION | $225 |
CATHOLIC COMM OF HOLY SPRIT PURPOSE: DONATION | $0 |