Overview
What is Fabretto Children's Foundation Inc?
Fabretto Children's Foundation Inc is a compassionate nonprofit organization based in Evanston, Illinois, dedicated to uplifting underprivileged children and youth in Central America. Their mission lies in the belief that education is the key to breaking the cycle of poverty, enabling future leaders to flourish. Fabretto collaborates with various organizations and funders to amplify its impact in countries across Central America, focusing on four primary programs: Education, Nutrition, Child Sponsorship, and Youth Empowerment. The Education program aims to enhance the quality of education during the critical early years, particularly for preschool and primary school children, through teacher development and school improvement. The Nutrition program works to improve access to nutritious meals and holistic child development, while the Child Sponsorship program provides underprivileged children with essential life resources, such as quality education and nutrition, for a monthly donation. The Youth Empowerment program seeks to prepare Central American youth for success through courses that blend academic and technical skills, personal development, and community service. Fabretto integrates technology into learning, trains rural youth in agricultural skills, and develops online courses to promote entrepreneurship and job readiness. With a total of 4 dedicated employees, Fabretto Children's Foundation Inc strives to empower underserved children and families to reach their full potential, improve their livelihoods, and take advantage of economic opportunities through education and nutrition.
Official website here: www.fabretto.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Star Rating
Fabretto Children's Foundation Inc has received a perfect score of 100%, reflecting its exceptional accountability and financial health. This rating is particularly significant as it indicates the foundation's strong commitment to transparency and responsible management of donor funds. The organization boasts a fully independent board and has demonstrated rigorous financial oversight, ensuring that funds are primarily directed towards its programs rather than administrative costs.
User feedback predominantly highlights the foundation's impactful educational programs and its dedication to improving the lives of children and families in Nicaragua. Donors and volunteers consistently commend Fabretto for its effectiveness, noting that their contributions significantly help combat poverty through education and nutrition initiatives. Many reviewers express a personal connection to the organization, sharing heartfelt experiences of visiting the centers and witnessing the positive changes brought about by Fabretto's work.
While the overwhelming majority of feedback is positive, a few critiques have been noted regarding internal management practices. Some concerns were raised about the qualifications of certain leadership positions, suggesting that improvements could be made in this area. Despite this, the prevailing sentiment among supporters is one of admiration and commitment to Fabretto's mission, reinforcing its status as a trusted nonprofit making a substantial difference in the lives of children in Nicaragua.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Fabretto Children's Foundation Inc legitimate?
Fabretto Children's Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fabretto Children's Foundation Inc submitted a form 990, 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: $146,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $111,179
For more financial information, click here
Official website here: www.fabretto.org
What is the mission statement of Fabretto Children's Foundation Inc?
Fabretto Children's Foundation Inc's mission is centered around empowering underprivileged children and their families in Nicaragua. Their goal is to enable these individuals to reach their full potential, improve their livelihoods, and take advantage of economic opportunities. This is achieved primarily through education and nutrition programs. The education program focuses on improving the quality of education during a child's first years, particularly preschool and primary school, by providing teacher development and strengthening schools. The nutrition program works towards improving access to nutritious school meals and holistic child development. The foundation also offers child sponsorship and youth empowerment programs, providing essential resources and skills to children in impoverished communities.
Official website here: www.fabretto.org
Who is the CEO of Fabretto Children's Foundation Inc?
Kevin Marinacci is the Ceo of Fabretto Children's Foundation Inc. The CEO's salary of Fabretto Children's Foundation Inc is $94,000 and their total compensation is $96,400.
Official website here: www.fabretto.org
What is the revenue of Fabretto Children's Foundation Inc?
Fabretto Children's Foundation Inc's revenue in 2022 was $549,614.
Official website here: www.fabretto.org
Who are the executives of Fabretto Children's Foundation Inc and what are their salaries?
The average compensation at Fabretto Children's Foundation Inc during 2022 was $64,495. There are 4 employees and 16 volunteers at Fabretto Children's Foundation Inc.
Here are 20 key members and their salaries (Fabretto Children's Foundation Inc's CEO's salary is $94,000 and their total compensation is $96,400):
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- Compensation: $38,400
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- Compensation: $12,000
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Official website here: www.fabretto.org
Where can I find the form 990 for Fabretto Children's Foundation Inc?
Fabretto Children's Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fabretto.org
Learn more at the official website: www.fabretto.org
Mission Statement of Fabretto Children's Foundation Inc
Fabretto Children's Foundation, a nonprofit organization, is dedicated to empowering underserved children and their families in Nicaragua. Their mission is to help these individuals reach their full potential, improve their livelihoods, and take advantage of economic opportunities through education and nutrition. Fabretto believes in the transformative power of education, striving to provide meaningful opportunities for growth, development, and learning to children and youth. By partnering with organizations and funders serving children and youth across Central America, Fabretto amplifies its impact, serving those in need.
The foundation's programs are focused on four key areas: education, nutrition, child sponsorship, and youth empowerment. In the area of education, Fabretto works to improve the quality of education during the critical first years of a child's education, particularly preschool and 1st to 3rd grade. This is achieved through teacher development, strengthening schools, and providing key resources to improve their ability to serve children in hard-to-reach communities in Central America.
In terms of nutrition, Fabretto works to improve access to nutritious school meals and holistic child development, strengthening school attendance. This is accomplished by connecting high-need schools with fortified foods that improve the nutritional value of meals, supporting nutrition education, and promoting local food production.
Fabretto's child sponsorship program allows individuals to sponsor underprivileged children in Central American communities, providing them with quality education, nutrition, and a supportive community. Child sponsors provide essential life resources that make a significant difference in the lives of these children.
Lastly, Fabretto's youth empowerment program seeks to prepare Central American youth to thrive through courses that combine academic and technical skills, personal development, and community service. This is done through technology integration, youth training, and rural secondary education advocacy. Fabretto offers blended learning courses to Central American youth and works alongside local partners to advocate for and strengthen high-quality alternative secondary education models.
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Impact
July, 2024
Fabretto Children's Foundation Inc's impact is evident in the lives of underserved children and youth in Central America. Through their education program, they focus on improving the quality of education, particularly in the critical early years of a child's schooling, by training teachers and strengthening schools. In addition, their nutrition program works to improve access to nutritious school meals, ultimately contributing to holistic child development and school attendance.
Through their child sponsorship program, Fabretto provides underprivileged children with quality education, nutrition, and a supportive community, empowering sponsors to fight poverty while creating lasting connections with the sponsored children. This holistic approach has a significant impact on the lives of children in impoverished communities.
Furthermore, Fabretto's youth empowerment program prepares Central American youth to thrive by offering courses that combine academic and technical skills, personal development, and community service. By integrating technology, providing agricultural skills training, and offering blended learning courses, Fabretto equips youth with the tools they need to succeed and contribute to their communities.
Overall, Fabretto Children's Foundation Inc's impactful programs empower children, youth, and their families to break the cycle of poverty, improve their livelihoods, and ultimately create a brighter future for themselves and their communities.
This information is meant to be a general summary of Fabretto Children's 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$684,004
- Gross Receipts: $1,302,690
Assets and Liabilities:
- Total Assets: $1,216,838
- Total Liabilities: $92,858
- Net Assets: $1,123,980
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Organization Details
Founding Year
1993
Phone
(703) 525-8716Principal Officer
Kevin Marinacci
Main Address
1563 SHERMAN AVENUE 201, EVANSTON, IL, 60201
Website
www.fabretto.orgNTEE Category
Code: Q330 - International
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