GELLA AZURIN FOUNDATION INC

EIN: 844050895 501(c)(3) Human Services

WATERTOWN, MA

Total Revenue
$-2,333
Total Expenses
$6,845
Total Assets
$231,077
Net Assets
$231,077
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
MA
Principal Officer
ELIZABETH DACEY-FONDELIUS
Phone
8574884224
Tax Period
2022-01-01 to 2022-12-31

GELLA AZURIN FOUNDATION INC, founded in 2019, is a micro nonprofit in the Human Services sector that reported $2K in total revenue in fiscal year 2022. Revenue fell 111% from the prior year — a significant decline worth monitoring.

Mission

THE CORPORATION IS ORGANIZED AND AT ALL TIMES SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE OR EDUCATIONAL PURPOSES. WITHOUT LIMITATION TO THE FOREGOING, THE PRINCIPAL PURPOSE OF THE CORPORATION IS TO ENHANCE THE LIVES OF CHILDREN BEING RAISED BY FAMILY CAREGIVERS, BY PROVIDING RESOURCES AND PROGRAMS THAT CONSISTENT WITH THE GOALS OF THE IN MASSACHUSETTS COMMISSION ON THE STATUS OF GRANDPARENTS RAISING GRANDCHILDREN

Program Service Accomplishments

Program 1
Expenses: $5,000

THE ORGANIZATION THROUGH THE "AZURIN SCHOLARSHIP" BROUGHT POSITIVE IMPACT TO THE LIVES OF STUDENTS FROM GRADE SCHOOL UPWARDS IN SAN JOSE, ANTIQU, PHILIPPINES, BY PROVIDING ACCESS TO EDUCATION THAT...

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THE ORGANIZATION THROUGH THE "AZURIN SCHOLARSHIP" BROUGHT POSITIVE IMPACT TO THE LIVES OF STUDENTS FROM GRADE SCHOOL UPWARDS IN SAN JOSE, ANTIQU, PHILIPPINES, BY PROVIDING ACCESS TO EDUCATION THAT WOULD OTHERWISE HAVE BEEN OUTSIDE THEIR FINANCIAL REACH. THESE YOUTHS ARE PART OF LARGE BROOD FAMILIES,IN WHICH, INCOME EARNERS ARE MULTIGENERATIONAL, INCLUDING LESS FORTUNATE SIBLINGS, WHO ENGAGE IN CASUAL AND ERRATIC FORMS OF LABOUR. IN 2022, 20 SCHOLARS, SELECTED BY QUALIFYING FOR FINANCIAL NEED AND MAINTAINING THE MINIMUM ACADEMIC MERIT, RECEIVED FULL OR PARTIAL TUITION FOR THE ACADEMIC YEAR IN WHICH THEY WERE ENROLLED. THESE RESULTS ARE RELEVANT TO THE ORGANIZATION'S MISSION TO ENHANCE THE LIVES OF CHILDREN BEING RAISED BY CAREGIVERS, IN LINE WITH THE GOALS OF THE MASSACHUSETTS COMMISSION.

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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 (2022)

Revenue Breakdown

Contributions & Grants $400
Program Service Revenue $0
Investment Income $-2,733
Other Revenue $0
TOTAL REVENUE $-2,333

Expense Breakdown

Grants Paid $5,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $5,000
Other Expenses $1,845
TOTAL EXPENSES $6,845

Year-over-Year Comparison

2022 2021 Change
Revenue $-2,333 $21,486 -1.1%
Expenses $6,845 $2,210 +2.1%
Net Income $-9,178 $19,276 -1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
2
Independent Members
2
Employees
N/A
Volunteers
10

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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELIZABETH DACEY-FONDELIUS PRESIDENT & TREASURER 2.00
Officer Director
$0 $0 $0
E GLENN DACEY VP & CLERK 2.00
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
2022 $-2,333 $6,845 $231,077 $-9,178
2021 $21,486 $2,210 $259,018 $19,276
2020 $40,662 $920 $239,742 $39,742
2019 $200,000 No data $200,000 No data
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