Nonprofit · EIN 83-2672188
LEONARD AND BETTY JO GALATI FOUNDATION
Tax-exempt · RALEIGH, NC 27619
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $1,425 | $162 | $1,263 | $5,519 | $0 | $5,519 |
| December 31, 2024 | 990-EZ | $190 | $1,463 | -$1,273 | $3,657 | $0 | $3,657 |
| December 31, 2023 | 990-EZ | $2,608 | $16,725 | -$14,117 | $4,930 | $0 | $4,930 |
| December 31, 2021 | 990-EZ | $126,704 | $107,838 | $18,866 | $34,738 | $0 | $34,738 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,425
Expenses
- Compensation of officers, directors and key employees
- $0
- Other expenses
- $162
- Program services (functional)
- $162
Balance sheet and other
- Total assets, start of year
- $3,657
- Total assets, end of year
- $5,519
- Total liabilities, end of year
- $0
- Net assets, end of year
- $5,519
- Cash, savings and investments
- $5,519
- Gross receipts
- $1,425
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Betty Jo Galati | Director | 1 | $0 |
| James Galati | Director | 1 | $0 |
| Victoria Galati | Director | 1 | $0 |
| April Sallada | Director | 1 | $0 |
| Melanie Galati | Director | 1 | $0 |
| Bruce Ackerman | Director | 0.5 | $0 |
| Spencer Mortensen | Director | 1 | $0 |
990-EZ for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Betty Jo Galati | Director | 1 | $0 |
| James Galati | Director | 1 | $0 |
| Victoria Galati | Director | 1 | $0 |
| April Sallada | Director | 1 | $0 |
| Melanie Galati | Director | 1 | $0 |
| Bruce Ackerman | Director | 0.5 | $0 |
| Spencer Mortensen | Director | 1 | $0 |
990-EZ for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Betty Jo Galati | Director | 1 | $0 |
| Michael Wheaton | Director | 40 | $0 |
| James Galati | Director | 1 | $0 |
| Victoria Galati | director | 1 | $0 |
| April Sallada | Director | 1 | $0 |
| Melanie Galati | Director | 1 | $0 |
| Bruce Ackerman | Director | 0.5 | $0 |
| Spencer Mortensen | Director | 1 | $0 |
990-EZ for the year ended December 31, 2021: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michael Wheaton | Director | 40 | $14,000 |
| Betty Jo Galati | Director | 1 | $0 |
| James Galati | Director | 1 | $0 |
| Victoria Galati | director | 1 | $0 |
| April Sallada | Director | 1 | $0 |
| Melanie Galati | Director | 1 | $0 |
| Bruce Ackerman | Director | 0.5 | $0 |
| Spencer Mortensen | Director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 20389, RALEIGH, NC 27619-0389
- Signed the 990-EZ
- James Galati, Director
- Phone
- (919) 816-2642
- Return prepared by
- McConnell & Jones LLP
Mission
To raise funds and awareness for the relief of poor, distressed, or underprivileged active military service members, veterans of the armed forces, civilian first responders, their respective families, or organizations supporting the same, without limitation, the POW*MIA awareness campaign.
Program accomplishments
- In January we started promoting daily podcasts on the topic of suicide prevention "Seeking the Military Solution."In June we presented Promise Ranch Therapies and Recreation a certificate of recognition for their support of Equine Assisted Therapies for veterans and subsequently developed a partnership with the organization. In July we started honoring fallen first responders (EOW) who passed in the line of duty on a daily basis and in real time on various social media channels.In September we honored Coloradough Pizza for their efforts in delivering free pizzas to various Aurora Police Department locations during National Thank a Police Officer Day which took place on September 18, 2021.In October we attended the First Responders Mental Health Conference. In November we started developing various community partners in a collaborative effort to assist with various needs for veterans and first respondersExpenses $162
- To raise funds and awareness for the relief of poor, distressed, or underprivileged active military service members, veterans of the armed forces, civilian first responders, their respective families, or organizations supporting the same, without limitation, the POW*MIA awareness campaign.To raise funds and awareness for the furtherance of the artsTo promote health and wellness of youths by enhancing their access to sports programming.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 83-2672188
- 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)
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $5,519
- Income (IRS master file)
- $1,425
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $1,425 | $162 | $5,519 | XML |
| 990-EZ | December 2024 | $190 | $1,463 | $3,657 | XML |
| 990-EZ | December 2023 | $2,608 | $16,725 | $4,930 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | $126,704 | $107,838 | $34,738 | XML |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | 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 83-2672188).
Questions about LEONARD AND BETTY JO GALATI FOUNDATION
- What is the EIN of LEONARD AND BETTY JO GALATI FOUNDATION?
- The employer identification number (EIN) of LEONARD AND BETTY JO GALATI FOUNDATION is 83-2672188.
- Is LEONARD AND BETTY JO GALATI FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to LEONARD AND BETTY JO GALATI FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LEONARD AND BETTY JO GALATI FOUNDATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of LEONARD AND BETTY JO GALATI FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LEONARD AND BETTY JO GALATI FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of LEONARD AND BETTY JO GALATI FOUNDATION?
- The 990-EZ for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does LEONARD AND BETTY JO GALATI FOUNDATION have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $1,425, expenses of $162 and total assets of $5,519 at year end.
Other nonprofits in RALEIGH
- THE YOUNG MENS CHRISTIAN ASSOCIATION OF THE TRIANGLE AREA I EIN 56-0591307 · last filed 990 for 2025
- TELAMON CORPORATION EIN 56-1022483 · last filed 990 for 2025
- SPRINGMOOR INC EIN 56-1368256 · last filed 990 for 2024
- INTER-FAITH FOOD SHUTTLE EIN 56-1753180 · last filed 990 for 2025
- THE ARC OF NORTH CAROLINA INC EIN 56-0753097 · last filed 990 for 2025
- METHODIST HOME FOR CHILDREN INC EIN 56-0547482 · last filed 990 for 2025
- RALEIGH RESCUE MISSION INCORPORATED EIN 56-6024168 · last filed 990 for 2025
- TLC OPERATIONS INC EIN 56-1949972 · last filed 990 for 2025