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Education : Scholarship and Financial Support (Grantmaking)

Fabretto

Empowering children and their families in Nicaragua.

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Impact Information is available from our partner, GlobalGiving

four stars

90.58

1563 Sherman Ave Suite 201
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 90.58 four stars
  Financial 86.68 three stars
  Accountability & Transparency 100.00 four stars
This rating was published 10/01/2019 and includes data from FY2017, the most recent 990 received at that time.

Fabretto offers an integral, quality education to more than 40,000 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 40,000 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.

Impact Information

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GlobalGiving Status
Leader Status
This organization has earned GlobalGiving Leader Status by demonstrating active engagement and/or effectiveness over the past year. GG Rewards is the system GlobalGiving uses to reward nonprofits that demonstrate listening to the people they serve, learning, and improving their impact. Organizations receive points which translate into their Status: 52% of organizations are Partner, 22% are Leader, and the top 26% of organizations are Superstar. GlobalGiving is a trusted Impact Information partner of Charity Navigator.
Additional Badges from GlobalGiving
Vetted
This organization has been vetted by GlobalGiving.
Site Visit Verified
A GlobalGiving representative has visited this organization and verified its work.
This impact information is current as of March 2019, when it was provided to us by GlobalGiving. At this time, Impact information published on this organization's page has no effect on its rating per our methodology. Further, the availability of GG Rewards information for charities on our site has no effect on Charity Navigator's evaluation of GlobalGiving.

Financial

three stars

86.68

Accountability & Transparency

four stars

100.00

This rating was published 10/01/2019 and includes data from FY2017, 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)
82.5%
  Administrative Expenses 9.1%
  Fundraising Expenses 8.3%
  Fundraising Efficiency $0.08
  Working Capital Ratio (years) 0.32
  Program Expenses Growth 4.9%
  Liabilities to Assets 13.5%
All data for Financial Performance Metrics calculations was provided by Fabretto on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Fabretto on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Fabretto (IL) 90.58 four stars
Palo Alto Partners in Education (CA) 88.98 three stars
State University College at Oneonta Foundation Corporation (NY) 92.96 four stars
Manhattan Beach Education Foundation (CA) 94.20 four stars
Uncommon Schools (NY) 88.40 three stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $3,319,118
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $650,467
   Related Organizations $0
   Government Grants $656,084
Total Contributions $4,625,669
   Program Service Revenue $0
Total Primary Revenue $4,625,669
   Other Revenue $-860
TOTAL REVENUE $4,624,809
   
EXPENSES  
   Program Expenses $4,385,975
   Administrative Expenses $241,874
   Fundraising Expenses $250,896
TOTAL FUNCTIONAL EXPENSES $4,878,745
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-253,936
   
Net Assets $1,543,916

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

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
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
$84,400 1.72% Kevin Marinacci President. CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Fabretto (IL) 90.58 four stars
Fund for Public Schools (NY) 89.86 three stars
Youth, I.N.C. (NY) 88.05 three stars
South Carolina Governor's School for Science and Math Foundation (SC) 86.01 three stars
Cape Eleuthera Foundation (MA) 89.62 three stars

Compare These Charities (Highly Rated)

This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Fabretto
1563 Sherman Ave
Suite 201
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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