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Nonprofit · EIN 84-3019594

DANNY WALLACE FOUNDATION INC

Tax-exempt · TRUMBULL, CT 06611

Financials

$33K$16K2023$19K$16K2024
Revenue Expenses · by fiscal year end
Financials of DANNY WALLACE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$18,852$16,359$2,493$121,712$0$121,712
December 31, 2023990-EZ$33,082$15,750$17,332$119,219$0$119,219
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Net income from fundraising events
$18,852

Expenses

Grants and similar amounts paid
$15,000
Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$859
Other expenses
$500
Program services (functional)
$28,283

Balance sheet and other

Total assets, start of year
$119,219
Total assets, end of year
$121,712
Total liabilities, end of year
$0
Net assets, end of year
$121,712
Cash, savings and investments
$121,712
Gross receipts
$45,776

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
ROBERT WALLACETREASURER5$0
JOAN COLLINSSECRETARY5$0
DACEY DOHERTYDIRECTOR5$0
LISA REGINADIRECTOR5$0
MICHAEL CERRATAVICE PRESIDENT5$0
MICHAEL ROMANOCO-PRESIDENT5$0
KEVIN JARBOECO-PRESIDENT5$0
990-EZ for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
ROBERT WALLACETREASURER5$0
JOAN COLLINSSECRETARY5$0
DACEY DOHERTYDIRECTOR5$0
LISA REGINADIRECTOR5$0
MICHAEL CERRATAVICE PRESIDENT5$0
MICHAEL ROMANOCO-PRESIDENT5$0
KEVIN JARBOECO-PRESIDENT5$0

Address and contacts

Address (IRS master file)
24 PARKWOOD RD, TRUMBULL, CT 06611-3219
Signed the 990-EZ
ROBERT WALLACE, TREASURER
Phone
(203) 610-7636
Return prepared by
ROLLERI & SHEPPARD CPAS LLP

Mission

THE MISSION IS TO PROVIDE FINANCIAL SCHOLARSHIP SUPPORT FOR STUDENTS IN NEED OF FINANCIAL ASSISTANCE AND ARE SEEKING HIGHER EDUCATION ADVANCEMENT. THE FOUNDATION PROVIDES SCHOLARHSIPS TO STUDENTS WHO DEMONSTRATE LEADERSHIP, VOLUNTEERISM AND CHARITY.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • RAISE FUNDS TO PROVIDE FINANCIAL SCHOLARSHIP SUPPORT FOR HIGH SCHOOL STUDENTS WHO DEMONSTRATE LEADERSHIP, VOLUNTEERISM AND CHARITY.
    Expenses $28,283 · grants $15,000

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
84-3019594
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2019
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$121,712
Income (IRS master file)
$45,776

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$18,852$16,359$121,712IRS
990-EZDecember 2023$33,082$15,750$119,219XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 84-3019594).

Questions about DANNY WALLACE FOUNDATION INC

What is the EIN of DANNY WALLACE FOUNDATION INC?
The employer identification number (EIN) of DANNY WALLACE FOUNDATION INC is 84-3019594.
Is DANNY WALLACE FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to DANNY WALLACE FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DANNY WALLACE FOUNDATION INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of DANNY WALLACE FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DANNY WALLACE FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of DANNY WALLACE FOUNDATION INC?
The 990-EZ for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does DANNY WALLACE FOUNDATION INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $18,852, expenses of $16,359 and total assets of $121,712 at year end.

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