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Education : Scholarship and Financial Support (Grantmaking)

Fabretto Children's Foundation

Empowering children and their families in Nicaragua.

four stars

93.10

1563 Sherman Ave, Suite 201 1563 Sherman Ave
EVANSTON, IL 60201
tel: (703) 525-8716   Web Site
EIN: 36-3894824

Board Leadership
William Glastris
Chairman

CEO
Kevin Marinacci
President, CEO

  Score
(out of 100)
Rating
Overall Score & Rating 93.10 four stars
  Financial 90.25 four stars
  Accountability & Transparency 100.00 four stars
This rating was published 02/01/2021 and includes data from FY2019, the most recent 990 received at that time.

Fabretto offers an integral, quality education to more than 54,000 children and youth in Nicaragua, promoting the participation of parents, teachers, and community leaders, who collaborate towards creating an environment in which children can thrive. In order to embrace the three main stages of life in human development (infancy, childhood, adolescence), Fabretto implements three strategic educational programs: Early Education, Primary Education, and Technical Vocational Education. These programs have been recognized internationally by entities like Lego Foundation, Ashoka, and the World Innovation Summit for Education (WISE). In addition, Fabretto implements cross-cutting initiatives focused on health and food security, gender equality, violence prevention, community development, conservation of the environment, as well as universal and Christian values. Fabretto's mission is to empower underserved children and their families in Nicaragua to reach their full potential.

Fabretto offers an integral, quality education to more than 54,000 children and youth in Nicaragua, promoting the participation of parents, teachers, and community leaders, who collaborate towards creating an environment in which children can thrive. In order to embrace the three main stages of life in human development (infancy, childhood, adolescence), Fabretto implements three strategic educational programs: Early Education, Primary Education, and Technical Vocational Education. These programs have been recognized internationally by entities like Lego Foundation, Ashoka, and the World Innovation Summit for Education (WISE). In addition, Fabretto implements cross-cutting initiatives focused on health and food security, gender equality, violence prevention, community development, conservation of the environment, as well as universal and Christian values. Fabretto's mission is to empower underserved children and their families in Nicaragua to reach their full potential.

Financial

four stars

90.25

Accountability & Transparency

four stars

100.00

This rating was published 02/01/2021 and includes data from FY2019, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
88.9%
  Administrative Expenses 5.1%
  Fundraising Expenses 5.8%
  Fundraising Efficiency $0.05
  Working Capital Ratio (years) 0.39
  Program Expenses Growth 7.8%
  Liabilities to Assets 25.2%
All data for Financial Performance Metrics calculations was provided by Fabretto Children's Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Fabretto Children's Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Fabretto Children's Foundation (IL) 93.10 four stars
The Public Education Foundation (NV) 92.71 four stars
Uncommon Schools (NY) 87.96 three stars
Naval War College Foundation (RI) 93.13 four stars
Vellore Christian Medical College Foundation (NY) 91.88 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $3,087,258
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $921,552
   Related Organizations $0
   Government Grants $69,151
Total Contributions $4,077,961
   Program Service Revenue $0
Total Primary Revenue $4,077,961
   Other Revenue $-58,587
TOTAL REVENUE $4,019,374
   
EXPENSES  
   Program Expenses $3,752,270
   Administrative Expenses $329,593
   Fundraising Expenses $264,719
TOTAL FUNCTIONAL EXPENSES $4,346,582
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-327,208
   
Net Assets $1,857,228

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Due to an error on this organization's Form 990, we are unable to display program information.

Ratings History
Fabretto Children's Foundation has received 3 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-12 02/01/2021 93.10 four stars
2018-12 04/01/2020 90.60 four stars
2017-12 10/01/2019 90.58 four stars
2017-12 05/01/2019 86.21 three stars
2016-12 05/01/2018 84.01 three stars
2015-12 03/01/2017 86.93 three stars
2014-12 09/01/2016 88.85 three stars
2014-12 06/01/2016 89.21 three stars
 
CN 2.0
2014-12 12/01/2015 87.92 three stars
2013-12 05/01/2015 94.45 four stars
2012-12 11/01/2013 92.71 four stars
2011-12 03/01/2013 93.18 four stars
2010-12 12/01/2011 87.12 three stars
2009-12 09/20/2011 86.42 three stars
 
CN 1.0
2009-12 12/01/2010 93.32 four stars
2008-12 02/01/2010 93.66 four stars
2007-12 11/01/2008 96.13 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 36-3894824
Name in IRS Master File FABRETTO CHILDRENS FOUNDATION INC
NTEE Code Q33
NTEE Classification International Relief
NTEE Type International, Foreign Affairs and National Security
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (326) Care and housing of children (orphanage, etc)
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date December, 1993
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
$94,000 2.16% Kevin Marinacci CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Fabretto Children's Foundation (IL) 93.10 four stars
State University College at Oneonta Foundation Corporation (NY) 93.19 four stars
Uncommon Schools (NY) 87.96 three stars
Kiddo (CA) 91.94 four stars
Grand Island Public Schools Foundation (NE) 90.94 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Fabretto Children's Foundation
1563 Sherman Ave, Suite 201
1563 Sherman Ave
EVANSTON, IL 60201
tel: (703) 525-8716
fax: (703) 525-3310
EIN: 36-3894824

Visit Web Site

Board Leadership

William Glastris
Chairman

CEO

Kevin Marinacci
President, CEO

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