2025-09-24T08:55:50-05:00 2024-12-31 861316204 DE LA HOZ PEREZ & BARBEITO PLLC 2800 PONCE DE LEON BLVD SUITE 1020 CORAL GABLES FL 33134 990 2024-01-01 363894824 FABRETTO CHILDREN'S FOUNDATION INC FABR 7035258716 1563 SHERMAN AVENUE 201 EVANSTON IL 60201 KEVIN MARINACCI CEO 7035258716 2025-09-12 1 0 DAVID G BARBEITO CPA P00647408 3054485585 2025-09-12 2024 2025-03-06 01:10:19Z KEVIN MARINACCI 1563 SHERMAN AVENUE 201 EVANSTON IL 60201 3659226 0 X WWW.FABRETTO.ORG X 1993 IL FABRETTO'S MISSION IS TO EDUCATE AND EMPOWER UNDERSERVED CHILDREN, YOUTH, AND THEIR FAMILIES TO ENABLE THEM TO IMPROVE THEIR LIVELIHOODS AND THEIR COMMUNITIES. 14 13 4 13 0 0 3412404 3569027 0 0 27913 28908 -32721 7903 3407596 3605838 2257293 2768462 0 0 255143 251530 0 0 299510 434086 588001 2946522 3607993 461074 -2155 1791150 1720714 129443 30438 1661707 1690276 X FABRETTO'S MISSION IS TO EDUCATE AND EMPOWER UNDERSERVED CHILDREN, YOUTH, AND THEIR FAMILIES TO ENABLE THEM TO IMPROVE THEIR LIVELIHOODS AND THEIR COMMUNITIES. 0 0 3142222 2768462 AT FABRETTO, WE BELIEVE IN THE POWER OF EDUCATION TO ENABLE CHILDREN AND YOUTH, OUR FUTURE LEADERS, TO BREAK THE CYCLE OF POVERTY. WE STRIVE TO BRING MEANINGFUL OPPORTUNITIES FOR GROWTH, DEVELOPMENT, AND LEARNING TO CHILDREN, YOUTH, AND FAMILIES. BY PARTNERING WITH ORGANIZATIONS AND FUNDERS WHO SERVE CHILDREN AND YOUTH IN COUNTRIES ACROSS CENTRAL AMERICA, WE CAN AMPLIFY OUR IMPACT, SERVING THOSE WHO SERVE. FABRETTO SUPPORTS CHILD AND YOUTH DEVELOPMENT IN CENTRAL AMERICA THROUGH FOUR KEY PROGRAMS: EDUCATION, NUTRITION, CHILD SPONSORSHIP, AND YOUTH EMPOWERMENT.EDUCATION PROGRAMFABRETTO'S EDUCATION PROGRAM FOCUSES ON IMPROVING THE QUALITY OF EDUCATION DURING THE CRITICAL FIRST YEARS OF A CHILD'S EDUCATION PARTICULARLY PRESCHOOL AND 1ST TO 3RD GRADE. WE DO THIS THROUGH:TEACHER DEVELOPMENT: WE TRAIN PRESCHOOL AND EARLY GRADE PRIMARY SCHOOL TEACHERS IN OUR "FABRETTITO" MODEL OF EDUCATION. OUR MODEL PROVIDES COACHING AND ACCOMPANIMENT TO TEACHERS IN THE MEDIUM TO LONG TERM TO ENSURE SUSTAINABILITY. STRENGTHENING SCHOOLS: IN PARALLEL TO TEACHER DEVELOPMENT, WE BUILD, REMODEL, AND EQUIP PRESCHOOLS, PRIMARY SCHOOLS, AND COMMUNITY EDUCATION CENTERS WITH KEY RESOURCES AND IMPROVEMENTS THAT ENABLE THEM TO BETTER SERVE CHILDREN IN THE HARDEST-TO-REACH COMMUNITIES IN CENTRAL AMERICA. NUTRITION PROGRAMTHROUGH THE NUTRITION PROGRAM, FABRETTO WORKS WITH OUR PARTNERS TO IMPROVE ACCESS TO NUTRITIOUS SCHOOL MEALS AND STRENGTHEN HOLISTIC CHILD DEVELOPMENT AND SCHOOL ATTENDANCE. WE DO THIS THROUGH:SCHOOL MEALS: WE CONNECT HIGH-NEED SCHOOLS WITH FORTIFIED FOODS THAT IMPROVE NUTRITIONAL VALUE OF THE MEALS THEY SERVE. WE ALSO SUPPORT NUTRITION EDUCATION, INLCUDING TRAINING SCHOOL COOKS IN CULTURALLY-ADAPTED RECIPES. LOCAL PRODUCTION OF FOOD: WE SUPPORT PARTNERS IN DEVELOPING SUSTAINABLE APPROACHES TO PRODUCING HEALTHY FOODS LOCALLY. CHILD SPONSORSHIP PROGRAMCHANGE A LIFE THROUGH CHILD SPONSORSHIP! AS A FABRETTO CHILD SPONSOR, YOU CAN FIGHT POVERTY IN CENTRAL AMERICAN COMMUNITIES WHILE CREATING A LASTING CONNECTION WITH A CHILD. FOR JUST OVER $1 A DAY ($40/MONTH), CHILD SPONSORS PROVIDE AN UNDERPRIVILEGED CHILD WITH QUALITY EDUCATION, NUTRITION, AND A SUPPORTIVE COMMUNITY. CHILD SPONSORS PROVIDE ACCESS TO ESSENTIAL LIFE RESOURCES THAT MAKE AN ENORMOUS DIFFERENCE FOR CHILDREN IN IMPOVERISHED COMMUNITIES. WITH YOUR HELP, YOUR SPONSORED CHILD WILL HAVE ACCESS TO QUALITY EDUCATION AND NUTRITION PROGRAMS AND A SUPPORTIVE SCHOOL COMMUNITY. OUR HOLISITIC APPROACH MEANS THAT FABRETTO WORKS CLOSELY WITH GRASSROOTS, ON-THE-GROUND NGO PARTNERS TO DELIVER PROGRAMMING, AS WELL AS WORKING TOGETHER WITH CHILDREN'S TEACHERS AND PARENTS TO CREATE LASTING CHANGE. YOUTH EMPOWERMENT PROGRAMFABRETTO'S YOUTH EMPOWERMENT PROGRAM SEEKS TO PREPARE CENTRAL AMERICAN YOUTH TO THRIVE THROUGH COURSES THAT COMBINE ACADEMIC AND TECHNICAL SKILLS, PERSONAL DEVELOPMENT, AND COMMUNITY SERVICE. WE DO THIS THROUGH:TECHNOLOGY INTEGRATION: WE SHARE OUR FIELD-TESTED APPROACH TO LEVERAGING DIGITAL RESOURCES TO STRENGTHEN LEARNING, PARTICULARLY IN STEM FIELDS, WITH ORGANIZATIONS SERVING RURAL LOW-TO NO-CONNECTIVITY COMMUNITIES. WE TRAIN TEACHERS AND STAFF, EQUIP SCHOOLS, AND DEVELOP AND SHARE DIGITAL CONTENT. YOUTH TRAINING (SATEC MODEL): WE TRAIN RURAL YOUTH IN AGRICULTURAL SKILLS THROUGH OUR SATEC TRAINING PROGRAM WHILE CONTRIBUTING TO PERSONAL AND COMMUNITY DEVELOPMENT. WE TRAIN LOCAL FACILITATORS, SHARE CURRICULA AND MATERIALS, AND PROVIDE TECHNICAL ASSISTANCE THROUGHOUT COURSE IMPLEMENTATION. FABRETTO EDUCA: FABRETTO OFFERS BLENDED LEARNING COURSES TO CENTRAL AMERICAN YOUTH THROUGH OUR ONLINE TRAINING PLATFORM, FABRETTO EDUCA, IN TOPICS SUCH AS ENTREPRENEURSHIP AND JOB READINESS. RURAL SECONDARY EDUCATION: WE WORK ALONGSIDE LOCAL PARTNERS TO ADVOCATE FOR AND STRENGTHEN HIGH QUALITY, ALTERNATIVE SECONDARY EDUCATION MODELS THAT EXPAND ACCESS IN RURAL COMMUNITIES OF CENTRAL AMERICA, WITH A PARTICULAR FOCUS ON THE SISTEMA DE APPRENDIZAJE TUTORIAL (SAT) MODEL. 3142222 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 1 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 4 1 0 0 0 0 0 1 1 0 0 0 0 X 14 13 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 IL VA X X KEVIN MARINACCI 7035258716 1563 SHERMAN AVENUE SUITE 201 EVANSTON IL 60201 KEVIN MARINACCI CEO 40.00 X X 99060 0 16949 WILLIAM VLASIOS GLASTRIS CHAIRMAN 2.00 X X 0 0 0 CARL PASQUALE MARINACCI CHAIRMAN EMERITUS 2.00 X X 0 0 0 IAN JAMES KNOX TREASURER 2.00 X X 0 0 0 MARY LORETO BURKE DIRECTOR 2.00 X 0 0 0 SAMANTHA JANE CHADWICK DIRECTOR 2.00 X 0 0 0 JULIE EASON MANER DIRECTOR 2.00 X 0 0 0 CARLOS FRANCISCO MAYORGA DIRECTOR 2.00 X 0 0 0 CHRISTOPHER MATTHEW MITCHELL DIRECTOR 2.00 X 0 0 0 JOHN JEFFERY MULLEN DIRECTOR 2.00 X 0 0 0 WILLIAM GRADY REYNOLDS DIRECTOR 2.00 X 0 0 0 FRANCIS JOGUES RIENZO DIRECTOR 2.00 X 0 0 0 DARIN ROWELL DIRECTOR 2.00 X 0 0 0 ABIGAL LOU STONE DIRECTOR 2.00 X 0 0 0 99060 0 16949 0 0 0 0 0 478129 92737 2998161 1366158 3569027 28908 28908 61291 478129 53388 7903 7903 3605838 0 0 36811 2768462 2768462 116009 34671 33789 47549 110301 37063 18470 54768 8569 1853 468 6248 16651 4829 3996 7826 211255 116200 67378 27677 27429 2382 25047 34191 6243 16306 11642 21653 2058 8255 11340 45835 45835 119580 69091 745 49744 3990 83 3876 31 FOOD AND BEVERAGE 53846 53846 CONTAINER SHIPPING AND 49942 49396 55 491 MISCELLANEOUS 20280 4056 12923 3301 3607993 3142222 166261 299510 762308 609712 109158 101920 73273 69052 3667 4221 914017 1001261 2000 3600 1791150 1720714 33043 30438 56367 40033 129443 30438 X 712833 285967 948874 1404309 1661707 1690276 1791150 1720714 -2155 30723 0 X 0 1 X 1 0 X 4211903 3265609 1740575 3412404 2202869 14833360 4211903 3265609 1740575 3412404 2202869 14833360 14833360 17384 18431 32304 23968 28908 120995 553 1944 30728 33225 6406 226076 232482 15220062 0.97460 0.86910 X SCHEDULE A, PART II LINE 10 EXPLANATION FOR OTHER INCOME OTHER INCOME 2019 AMOUNT: $41418. 2021 AMOUNT: $6406. 2022 AMOUNT: $119. 2023 AMOUNT: 0. EQUITY EARNINGS IN SUB. 2022 AMOUNT: $225838. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 791780 59631 28908 822503 711183 104562 23965 791780 733615 18302 40734 711183 699540 52506 18431 733615 638561 78358 17379 699540 0 0 73273 69052 4221 4221 X 3636561 30723 30723 3605838 0 3605838 3607992 0 3607992 0 3607992 PART X, LINE 2: THE ORGANIZATION IS RECOGNIZED AS A TAX-EXEMPT ORGANIZATION UNDER THE INTERNAL REVENUE CODE (THE IRC) SECTION 501(C)(3), AND IS EXEMPT FROM INCOME TAXES EXCEPT FOR TAXES ON UNRELATED BUSINESS ACTIVITIES. NO TAX EXPENSE IS RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS, AS THERE WAS NO UNRELATED BUSINESS TAXABLE INCOME. CONTRIBUTIONS TO THE ORGANIZATION ARE DEDUCTIBLE AS PROVIDED IN THE IRC SECTION 170(B)(1)(A)(VI). INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE-LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE ORGANIZATION HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE AND ALL STATE JURISDICTIONS WHERE IT OPERATES. THE ORGANIZATION BELIEVES THAT INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON THE ORGANIZATION'S FINANCIAL CONDITION, CHANGE IN NET ASSETS OR CASH FLOWS. ACCORDINGLY, THE ORGANIZATION HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT DECEMBER 31, 2024. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE ORGANIZATION'S FEDERAL AND STATE INCOME TAX RETURNS ARE GENERALLY OPEN TO EXAMINATION BEGINNING WITH FISCAL YEAR ENDED 2021. 1 0 0 0 0 0 0 0 0 0 CENTRAL AMERICA & THE CARIBBEAN EDUCATION, AGRICULTURAL AND NUTRITION ACTIVITIES 1032462 0 CENTRAL AMERICA & THE CARIBBEAN EDUCATION, AGRICULTURAL AND NUTRITION ACTIVITIES 33050 0 CENTRAL AMERICA & THE CARIBBEAN EDUCATION, AGRICULTURAL AND NUTRITION ACTIVITIES 27287 0 CENTRAL AMERICA & THE CARIBBEAN EDUCATION, AGRICULTURAL AND NUTRITION ACTIVITIES 6315 0 CENTRAL AMERICA & THE CARIBBEAN EDUCATION, AGRICULTURAL AND NUTRITION ACTIVITIES 59987 0 CENTRAL AMERICA & THE CARIBBEAN EDUCATION, AGRICULTURAL 135637 0 CENTRAL AMERICA & THE CARIBBEAN EDUCATION, AGRICULTURAL 9515 0 CENTRAL AMERICA & THE CARIBBEAN EDUCATION, AGRICULTURAL 14543 0 CENTRAL AMERICA & THE CARIBBEAN NUTRICION ACTIVITIES 215654 215654 BAGS OF FORTIFIED DEHYDRATED SOYBEANS CENTRAL AMERICA & THE CARIBBEAN 107827 107827 BAGS OF FORTIFIED DEHYDRATED SOYBEANS CENTRAL AMERICA & THE CARIBBEAN 73382 73382 BAGS OF FORTIFIED DEHYDRATED SOYBEANS CENTRAL AMERICA & THE CARIBBEAN 34445 34445 BAGS OF FORTIFIED DEHYDRATED SOYBEANS CENTRAL AMERICA & THE CARIBBEAN 646962 646962 BAGS OF FORTIFIED DEHYDRATED SOYBEANS CENTRAL AMERICA & THE CARIBBEAN 215654 215654 BAGS OF FORTIFIED DEHYDRATED SOYBEANS CENTRAL AMERICA & THE CARIBBEAN EDUCATION 34661 34661 ELECTRONICAL EQUIPMENT AND ACCESORIES (TABLETS, PROJECTORS, ROUTERS, DESKTOPS, ETC) 17 0 0 0 0 0 0 PART I, LINE 2: FABRETTO HAS A PROGRAM OFFICE THAT EVALUATES FINANCIALLY AND PROGRAMATICALLY AND ALSO DATA INFORMATION IS COLLECTED FROM THE BENEFICIARY ORGANIZATIONS TO MEASURE THE IMPACT OF THE PROJECT. THIS DATA ALLOWS FABRETTO TO FOLLOW UP WITH PROJECT INDICATORS. THE PROGRAM TEAM RECEIVES REPORTS OF THE RESULTS OF THE PROJECTS AS REQUESTED. REPORTS CONTAIN NOT ONLY RESULTS OF THE PROJECT BUT ALSO INCLUDE A FINANCIAL DESCRIPTION OF HOW THE FUNDS WERE INVESTED. THESE REPORTS ARE REVIEWED AND APPROVED BY THE PROGRAM DIRECTOR AND THE FINANCE DIRECTOR. NEW YORK EVENT 199715 191825 7890 3300 5000 DC EVENT 132340 127606 4734 16929 3100 5000 2 207365 158698 48667 1000 10160 8399 500 539420 478129 61291 1000 27089 14799 10500 53388 7903 X X X X 0 0 0 0 0 0 0 0 0 PART I, LINE 3 CEO COMPENSATION FOR OTHER NON-PROFITS OF SIMILAR MISSION AND INCOME ARE SURVEYED AND COMPARED TO THE FOUNDATION CEO'S SALARY. THE INFORMATION IS PROVIDED TO THE COMPENSATION COMMITTEE WHO THEN REVIEWS THE SALARY INFORMATION AND DETERMINES COMPENSATION LEVELS FOR THE CEO. OTHER OFFICERS AND KEY EMPLOYEE SALARIES ARE ALSO REVIEWED AND APPROVED BY THE COMPENSATION COMMITTEE ON AN ANNUAL BASIS. X 1 1374061 FMV 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 CARL MARINACCI, BOARD MEMBER, IS THE FATHER OF KEVIN MARINACCI, CEO. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND PROVIDED TO THE TREASURER AND THE FINANCE COMMITTEE FOR REVIEW. AN ELECTRONIC COPY OF THE DRAFT 990 IS PROVIDED TO THE FULL BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C UPON JOINING THE ORGANIZATION AND EACH YEAR THEREAFTER, ALL BOARD MEMBERS, OFFICERS AND STAFF ARE REQUIRED TO SIGN A STATEMENT THAT AFFIRMS THEY RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY; HAVE READ AND UNDERSTAND THE POLICY; AGREE TO COMPLY WITH THE POLICY; AND DISCLOSE ANY CONFLICTS OF INTEREST OR POTENTIAL CONFLICTS OF INTEREST THAT HAVE ARISEN IN THE PREVIOUS YEAR (AND WERE NOT ALREADY DISCLOSED) OR ARE EXPECTED IN THE COMING YEAR. ALL FABRETTO BOARD MEMBERS, OFFICERS AND STAFF RETURN THESE SIGNED STATEMENTS TO THE BOARD SECRETARY, WHO KEEPS THEM ON FILE FOR AT LEAST SEVEN YEARS. FORM 990, PART VI, SECTION B, LINE 15A CEO COMPENSATION FOR OTHER NON-PROFITS OF SIMILAR MISSION AND INCOME ARE SURVEYED AND COMPARED TO THE FOUNDATION CEO'S SALARY (USING PUBLIC INFORMATION ON CEO COMPENSATION GATHERED FROM IRS 990S). THIS INFORMATION IS PROVIDED TO THE COMPENSATION COMMITTEE. THE COMPENSATION COMMITTEE REVIEWS THE SALARY INFORMATION AND DETERMINES COMPENSATION LEVELS FOR THE CEO. OTHER OFFICERS AND KEY EMPLOYEE SALARIES ARE ALSO REVIEWED AND APPROVED BY THE COMPENSATION COMMITTEE ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 FORM 990, PART VI, SECTION C, LINE 19: THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. ADDITIONALLY, THE ORGANIZATION'S FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE TO THE PUBLIC ON ITS WEBSITE.