Gallo Family Foundation is located in Washington, MI. The organization was established in 2019. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gallo Family 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 12/2023, Gallo Family Foundation generated $13.4k 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 (39.8%) each year. All expenses for the organization totaled $21.2k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
THE MOST SIGNIFICANT ACTIVITIES ARE TO MAKE GIFTS TO PEOPLE IN FINANCIAL NEED FOR MEDICAL, LOSS OF EMPLOYMENT OR EDUCATIONAL NEEDS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tony J Gallo President | 0 | $0 | |
Tina Gallo Vice-Preside | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,508 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,861 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $13,369 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $520 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $21,220 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $86,222 |
| Other assets | $0 |
| Total assets | $86,222 |
| Total liabilities | $0 |
| Net assets or fund balances | $86,222 |