Cento Amici INC: FY2021 Nonprofit Profile & Form 990 (EIN 22-3800065)

Revenue by fiscal year
FY2020	$130K
FY2021	$188K
FY2022	$199K
FY2023	$247K
FY2024	$245K

Expenses by fiscal year
FY2020	$122K
FY2021	$131K
FY2022	$156K
FY2023	$168K
FY2024	$223K

Net assets by fiscal year
FY2020	$542K
FY2021	$687K
FY2022	$639K
FY2023	$765K
FY2024	$870K

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2002.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

95 cents of each dollar spent went to programs.

95%

Program services 95% · $124K Management & general 5% · $6K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

14 people listed on the 990.

Part VII, Section A · reportable compensation

Robert T Zito

Chair

$0Pt VII · Sec A

Gary N Battaglia

President

$0Pt VII · Sec A

Ashley Maloof

Vice-Preside

$0Pt VII · Sec A

Jerry Galgano

Vice-Preside

$0Pt VII · Sec A

Paul Gabbianelli

Treasurer

$0Pt VII · Sec A

Antonio Froio

Secretary

$0Pt VII · Sec A

Brian Robinson

Trustee

$0Pt VII · Sec A

James Sammartino

Trustee

$0Pt VII · Sec A

See Cento Amici INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

Family or business ties among officersPt VI · Ln 2No
Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides college scholarships for children in need.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $124K · in their own filed words · FY2021

01

During 2020 there were scholarship grants to SCHOOLS/COLLEGES in the state of new jersey.

$124Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid

Grants received · FY2024

Gerald and Carol Galgano Foundation INCFY2024$12K

Grano Family Foundation C/O Jjgfo LLCFY2024$5K

Joseph and Cheryl Marino Family FoundationFY2024$250

Total grants receivedfrom 3 funders$17K

See all 3 funders →

Grants paid · 40 grants · $684K · 2020–2024

Jesuit Community of St Peters Prep INCNJ · FY2024$49,500

Rutgers the State UniversityNJ · FY2024$25,000

Roselle Catholic High SchoolFY2024$19,500

St Benedict's Preparatory SchoolFY2024$19,500

Montclair State University Foundation INCNJ · FY2024$18,500

Immaculate Conception High SchoolIL · FY2024$17,500

Seton Hall Preparatory SchoolNJ · FY2024$12,500

Saint Dominic AcademyNJ · FY2024$10,000

Oak Knoll SchoolFY2024$8,500

Union County CollegeFY2024$8,500

Raritan Valley Community College Dir of Budget & Finance OfficeNJ · FY2024$8,500

Jesuit Community of St Peters Prep INCNJ · FY2023$23,500

Rutgers the State UniversityNJ · FY2023$22,500

St Benedict's Preparatory SchoolFY2023$18,500

Roselle Catholic High SchoolFY2023$18,500

Montclair State University Foundation INCNJ · FY2023$17,500

Immaculate Conception High SchoolIL · FY2023$15,000

Union County CollegeFY2023$15,000

See all 40 grants →

By the numbers

The FY2021 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$188K

Ln 12

Gifts and grantsLn 1h$107K

Other incomeLn 4–11$67K

Investment incomeLn 3$14K

Money outPt IX

$131K

Ln 25

Programscol B$124K

Managementcol C$6K

Owns and owesPt X

$687K

net assets · Ln 32

Cash and savingsLn 1–2$177K

Total assetsLn 16$687K

LiabilitiesLn 26$0

PeoplePt VI, VII

14

listed · VII A

PaidVII A0

Voting boardVI 1a14

IndependentVI 1b14

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$107K

Fundraising eventsLn 1c$35K

Investment incomeLn 3$14K

Other incomeLn 4–11$67K

Gains on assetsLn 7$5K

Total revenueLn 12$188K

Assets in detailPt X, end of year

CashLn 1$162K

SavingsLn 2$15K

Cash and savings togetherLn 1–2$177K

InvestmentsLn 11–13$510K

Total assetsLn 16$687K

LiabilitiesLn 26$0

Net assetsLn 32$687K

OperationsPt I, VI

EmployeesI 50

VolunteersI 625

Fiscal year endsHeaderDecember

Conflict-of-interest policyVI 12aNo

Whistleblower policyVI 13No

Records policyVI 14No

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY21	End FY21
Cash and savingsLn 1–2	$139K	$177K
InvestmentsLn 11–13	$403K	$510K
Total assetsLn 16	$542K	$687K
LiabilitiesLn 26	$0	$0
Net assetsLn 32	$542K	$687K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Grants to domestic organizationsLn 1	$124K	$124K
Accounting feesLn 11c	$2K		$2K
Other expenses (24a–d)Ln 24	$4K		$4K
Total functional expensesLn 25	$131K	$124K	$6K	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2024 Latest	$245K	$223K	$23K	$870K	990 PDF
FY2023	$247K	$168K	$78K	$765K	990 PDF
FY2022	$199K	$156K	$43K	$639K	990 PDF
FY2021 Viewing	$188K	$131K	$57K	$687K	990 PDF
FY2020	$130K	$122K	$8K	$542K	990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

See the full FY2021 990 (6 parts)

Part I · Summary $187,742 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $120,304$106,601

I-9 Program service revenue$0

I-10 Investment incomePrior year $8,489$14,411

I-11 Other revenuePrior year $1,621$66,730

I-12 Total revenuePrior year $130,414$187,742

I-13 Grants and similar amounts paidPrior year $119,500$124,500

I-14 Benefits paid to members$0

I-15 Salaries and benefits$0

I-16a Professional fundraising fees$0

I-17 Other expensesPrior year $2,667$6,130

I-18 Total expensesPrior year $122,167$130,630

I-19 Revenue less expensesPrior year $8,247$57,112

Part VI · Governance 14 of 14 board members independent, 4 to look at

VI-1a Voting members of the governing body14

VI-1b Independent voting members14

VI-12a Written conflict of interest policyNo

VI-13 Written whistleblower policyNo

VI-14 Document retention and destruction policyNo

VI-15a Process for setting top official's payNo

VI-2 Family or business relationship among officers or directorsNo

Part VIII · Statement of revenue $187,742 across 8 lines filed

VIII-1b Membership dues$13,075

VIII-1c Fundraising events$34,615

VIII-1f All other contributions, gifts and grants$58,911

VIII-1h Total contributions, gifts and grants$106,601

VIII-3 Investment incomeExcluded from tax $9,424$9,424

VIII-7 Net gain or loss on sales of assetsRelated to mission $4,987$4,987

VIII-8 Net income from fundraising eventsExcluded from tax $66,730$66,730

VIII-12 Total revenueRelated to mission $4,987 · Excluded from tax $76,154$187,742

Part IX · Statement of functional expenses $130,630 across 3 lines filed

IX-1 Grants to domestic organizationsPrograms $124,500$124,500

IX-11c Accounting feesManagement $1,650$1,650

IX-24 Other expenses (24a–d)Management $4,480$4,480

IX-25 Total functional expensesPrograms $124,500 · Management $6,130 · Fundraising $0$130,630

Part X · Balance sheet $687,265 assets, 8 lines filed

X-1 Cash, non-interest-bearingStart of year $131,727$161,928

X-2 Savings and temporary cash investmentsStart of year $7,155$15,324

X-11 Publicly traded securitiesStart of year $402,959$510,013

X-16 Total assetsStart of year $541,841$687,265

X-26 Total liabilitiesStart of year $0$0

X-27 Net assets without donor restrictionsStart of year $541,841$687,265

X-32 Total net assets or fund balancesStart of year $541,841$687,265

X-33 Total liabilities and net assetsStart of year $541,841$687,265

Part XI · Reconciliation of net assets $687,265 net assets at year end

XI-1 Total revenue$187,742

XI-2 Total expenses$130,630

XI-3 Revenue less expenses$57,112

XI-4 Net assets at start of year$541,841

XI-5 Net unrealized gains (losses) on investments$88,312

XI-10 Net assets at end of year$687,265

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Cento Amici INC FY2021 filing

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Funders

Grants

By the numbers

Filing history

Schedules filed Part IV