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Lauren & Emily Failla Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 273308999 ✦ Morristown, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Lauren & Emily Failla Foundation Inc?

The Lauren & Emily Failla Foundation Inc, situated in Morristown, New Jersey, is a nonprofit organization committed to fostering charitable, educational, and artistic growth among children and infants. This philanthropic entity offers an annual scholarship to graduating seniors from Morristown High School and orchestrates engaging programs, such as the Morris Arts Shakespeare Residency at an elementary school. The foundation's mission is to contribute positively to the lives of young individuals, enriching their experiences and nurturing their potential.


Official website here: www.laurenandemily.org

Is Lauren & Emily Failla Foundation Inc legitimate?

Lauren & Emily Failla Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lauren & Emily Failla Foundation Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.laurenandemily.org

What is the mission statement of Lauren & Emily Failla Foundation Inc?

The Lauren & Emily Failla Foundation's mission is focused on providing support for charitable, educational, and artistic initiatives that benefit children and infants. They accomplish this by offering an annual scholarship to graduating seniors from Morristown High School and organizing programs such as the Morris Arts Shakespeare Residency at an elementary school. The foundation's aim is to contribute positively to the growth and development of young minds, fostering a nurturing environment for their intellectual and creative pursuits.


Official website here: www.laurenandemily.org

What is the revenue of Lauren & Emily Failla Foundation Inc?

Lauren & Emily Failla Foundation Inc's revenue in 2022 was $14,203.


Official website here: www.laurenandemily.org

Who are the executives of Lauren & Emily Failla Foundation Inc and what are their salaries?

Here are 9 key members and their salaries:


Frank Failla (Trustee Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kay Failla (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Demaio (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannon Hilliard (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Hughes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danielle Merzatta (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Brantley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Pazniokas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Orr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.laurenandemily.org

Where can I find the form 990EZ for Lauren & Emily Failla Foundation Inc?

Lauren & Emily Failla Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.laurenandemily.org

Learn more at the official website: www.laurenandemily.org

Mission Statement of Lauren & Emily Failla Foundation Inc

The Lauren & Emily Failla Foundation is committed to supporting charitable, educational, and artistic initiatives primarily focused on children and infants. This nonprofit organization demonstrates its dedication by offering an annual scholarship for graduating seniors from Morristown High School and hosting programs like the Morris Arts Shakespeare Residency at an elementary school. Through these initiatives, the foundation aims to contribute positively to the lives of young children and help them thrive.

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Impact




August, 2024

The Lauren & Emily Failla Foundation Inc has a significant impact on the community by supporting charitable, educational, and arts initiatives for children and babies. They provide a valuable annual scholarship for Morristown High School graduating seniors and host programs like the Morris Arts Shakespeare Residency at an elementary school. Through these initiatives, the foundation positively influences the lives of young individuals, helping to foster their education and creativity. By focusing on the well-being and development of children and babies, the foundation plays a crucial role in supporting their future success and growth.




This information is meant to be a general summary of Lauren & Emily Failla Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$14,203 (2022)
Expenses
$12,334 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,462
  • Gross Receipts: $14,203

Assets and Liabilities:

  • Total Assets: $225,622
  • Total Liabilities: $0
  • Net Assets: $225,622

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Organization Details

Principal Officer

Kay Failla

NTEE Category

Code: T30 - Philanthropy

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