MOLESKINE FOUNDATION INC

EIN: 833156749 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$378,027
Total Expenses
$262,312
Total Assets
$189,841
Net Assets
$189,841
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
NY
Principal Officer
ADAMA SANNEH
Phone
3473930243
Tax Period
2023-01-01 to 2023-12-31

MOLESKINE FOUNDATION INC, founded in 2019, is a small nonprofit in the Arts, Culture & Humanities sector that reported $378K in total revenue in fiscal year 2023. Revenue surged 198% from the prior year, signaling strong growth momentum. The organization ran a surplus of $116K, a strong 31% operating margin.

Mission

THE FOUNDATION PURSUES EXCLUSIVELY PURPOSES OF SOCIAL SOLIDARITY, OF PROMOTION AND DEVELOPMENT OF THE RIGHT TO EDUCATION, TO FORMATION AND TO ACCESS TO INFORMATION. (SEE SCHEDULE O)IN PARTICULAR, THE FOUNDATION PLANS, IMPLEMENTS AND PROMOTES PROGRAMS FOR QUALITY EDUCATION, WHICH IS FAIR AND INCLUSIVE, AIMED TO ENCOURAGE CRITICAL THINKING, EXPERIENCE AND CREATIVE ACTION, CONTINUING EDUCATION.SUCH SOCIAL AIMS ARE REALIZED THROUGH SOCIAL SOLIDARITY ACTIVITIES, IN FAVOR OF PEOPLE WHO ARE IN A CONDITION OF ECONOMIC AND SOCIAL DISADVANTAGE, WITH PARTICULAR REGARD TO YOUNG GENERATIONS.SUPPORT TO INNOVATIVE AND QUALITY EDUCATION, IMPLEMENTATION OF INSTRUMENTS TO ACCESS INFORMATION, USE OF ART AND CULTURE AS SOCIAL TRANSFORMATION ELEMENTS, WORK OF COMMUNICATION AND AWARENESS OF TOPICS RELATED TO EDUCATION AND ACCESS TO INFORMATION, ARE THE MAIN INTERVENTION AREAS OF THE FOUNDATION.

Program Service Accomplishments

Program 1
Expenses: $250,000

PLAN, IMPLEMENT, AND PROMOTE PROGRAMS FOR QUALITY EDUCATION WHICH IS FAIR AND INCLUSIVE.FINANCE ACTIVITIES PLANNED, PROMOTED AND DIRECTED DIRECTLY BY THE FOUNDATION ITSELF, AS WELL THOSE MANAGED BY...

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PLAN, IMPLEMENT, AND PROMOTE PROGRAMS FOR QUALITY EDUCATION WHICH IS FAIR AND INCLUSIVE.FINANCE ACTIVITIES PLANNED, PROMOTED AND DIRECTED DIRECTLY BY THE FOUNDATION ITSELF, AS WELL THOSE MANAGED BY OTHER ENTITIES, INSTITUTIONS, ASSOCIATIONS OR FOUNDATIONS, TO THE EXTENT THEY ARE NON-PROFIT AND THAT THEY HAVE EQUIVALENT OR SIMILAR SOCIAL AND CHARITABLE PURPOSES.RAISE AND IMPLEMENT FUNDS DONATIONS THAT SUPPORT THE INSTRUMENTAL AND TECHNOLOGICAL INNOVATION AND ENABLE THE PEOPLE MENTIONED ABOVE IN THIS ARTICLE TO FACILITATE THE RIGHT TO EDUCATION AND THE ACCESS TO INFORMATION, ALSO THROUGH THE PROMOTION OF THE CULTURES, THE LANGUAGES AND THE LOCAL EXPRESSIVE FORMS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $377,984
Program Service Revenue $0
Investment Income $43
Other Revenue $0
TOTAL REVENUE $378,027

Expense Breakdown

Grants Paid $250,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $250,000
Other Expenses $12,312
TOTAL EXPENSES $262,312

Year-over-Year Comparison

2023 2022 Change
Revenue $378,027 $127,036 +2.0%
Expenses $262,312 $101,376 +1.6%
Net Income $115,715 $25,660 +3.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
4

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARIA SEBREGONDI PRESIDENT 0.00
Officer Director
$0 $0 $0
ADAMA SANNEH SECRETARY AND CEO 0.00
Officer Director
$0 $0 $0
FABIO ROSCIGLIONE TREASURER 0.00
Officer Director
$0 $0 $0
GABRIEL ZANGARI VICE PRESIDENT 0.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $378,027 $262,312 $189,841 $115,715
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