Frankie V Polletta Charitable Foundation is located in Algonquin, IL. According to its NTEE Classification (F01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Frankie V Polletta Charitable 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, Frankie V Polletta Charitable Foundation generated $186.1k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $57.2k 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
THE FVP FOUNDATION HELPS TEENS SUFFERING FROM DEPRESSION AND PREVENTS SUICIDE. WE ARE BRINGING AWARENESS TO THE TERRIBLE IMPACT OF MENTAL ILLNESS AND ENDING THE STIGMA WHILE HONORING FRANKIE'S MEMORY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Cerone Director | 0.05 | $0 | |
Brian Gainer Director | 0.05 | $0 | |
Nick Polletta Director | 0.05 | $0 | |
Denise Stettner Director | 0.05 | $0 | |
Rodrick Cappiello Director | 0.05 | $0 | |
Bryan Polletta Pesident | 0.05 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $186,024 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $355 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$291 |
| Other Revenue | $0 |
| Total Revenue | $186,088 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,236 |
| Total expenses | $57,236 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $328,747 |
| Other assets | $0 |
| Total assets | $328,747 |
| Total liabilities | $0 |
| Net assets or fund balances | $328,747 |