Form 990 for tax year 2022
Filed by TOMORROWS HOPE FOUNDATION II INC.
Totals
- Total revenue
- $3,697,693
- Total expenses
- $4,486,666
- Contributions and grants received
- $3,799,834
- Grants paid
- $3,300,496
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- -$102,141
- Total assets, end of year
- $2,531,752
- Total liabilities, end of year
- $1,451,816
- Net assets or fund balances, end of year
- $1,079,936
- Program services expenses (Part IX)
- $3,650,447
- Management and general expenses
- $342,927
- Fundraising expenses
- $493,292
- Program service expenses (Part III)
- $3,650,447
Program services were 81.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$1,474,153
-
1f · All other contributions, gifts and grants
$2,325,681
-
8a · Fundraising events: gross income
$154,415
-
8a · Fundraising events: contributions included on line 1c
$1,474,153
-
8b · Fundraising events: direct expenses
$256,556
-
8c · Net income from fundraising events
total -$102,141 · excluded -$102,141
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $3,097,324 · program services $3,097,324
-
2 · Grants to domestic individuals
total $203,172 · program services $203,172
-
5 · Compensation of officers, directors and key employees
total $185,432 · program services $55,629 · management and general $27,815 · fundraising $101,988
-
7 · Other salaries and wages
total $346,636 · program services $44,922 · management and general $157,407 · fundraising $144,307
-
8 · Pension plan contributions
total $44,568 · program services $7,824 · management and general $16,583 · fundraising $20,161
-
9 · Other employee benefits
total $64,334 · program services $12,091 · management and general $22,515 · fundraising $29,728
-
10 · Payroll taxes
total $33,304 · program services $6,260 · management and general $11,655 · fundraising $15,389
-
11b · Fees: legal
total $18,015 · management and general $18,015
-
11c · Fees: accounting
total $60,704 · management and general $60,704
-
11g · Fees: other
total $131,128 · program services $7,291 · management and general $12,073 · fundraising $111,764
-
13 · Office expenses
total $50,151 · program services $1,508 · management and general $869 · fundraising $47,774
-
14 · Information technology
total $19,865 · management and general $5,562 · fundraising $14,303
-
22 · Depreciation, depletion and amortization
total $214,426 · program services $214,426
-
23 · Insurance
total $9,448 · management and general $9,448
-
24a · Other expenses: MISCELLANEOUS
total $8,159 · management and general $281 · fundraising $7,878
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,536,322 · end of year $1,757,735
-
3 · Pledges and grants receivable
beginning of year $103,475 · end of year $411,981
-
9 · Prepaid expenses and deferred charges
beginning of year $71,937 · end of year $40,396
-
10a · Land, buildings and equipment: cost or other basis
$643,279
-
10b · Land, buildings and equipment: accumulated depreciation
$321,639
-
10c · Land, buildings and equipment, net
beginning of year $536,066 · end of year $321,640
-
17 · Accounts payable and accrued expenses
beginning of year $117,079 · end of year $137,112
-
25 · Other liabilities
beginning of year $1,261,812 · end of year $1,314,704
-
27 · Net assets without donor restrictions
beginning of year $3,889 · end of year -$76,019
-
28 · Net assets with donor restrictions
beginning of year $1,865,020 · end of year $1,155,955
Mission and programs · 2022
Mission
TO SUPPORT THE CATHOLIC EDUCATIONAL ACTIVITIES ON LONG ISLAND THROUGH SCHOLARSHIPS AND FUNDING TO CATHOLIC SCHOOLS ON LONG ISLAND, AND TO ENCOURAGE A RENEWED COMMITMENT TO SUCH SCHOOLS.
-
TO SUPPORT THE CATHOLIC EDUCATIONAL ACTIVITIES ON LONG ISLAND THROUGH SCHOLARSHIPS AND FUNDING TO CATHOLIC SCHOOLS ON LONG ISLAND, AND TO ENCOURAGE A RENEWED COMMITMENT TO SUCH SCHOOLS.
Expenses $3,650,447 · Grants $3,300,496
As filed on the 2022 return.
Listed in Part VII
-
Lewis S RanieriLEWIS S RANIERI
CHAIRMAN/PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Frank P LiantonioFRANK P LIANTONIO
VICE CHAIRMAN/VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 4
-
Richard ConniffRICHARD CONNIFF
VICE CHAIRMAN/TREASURER
- Total calculated
- $0
- Hours/week
- 4
-
Christopher TullyCHRISTOPHER TULLY
VICE CHAIRMAN/SECRETARY
- Total calculated
- $0
- Hours/week
- 3
-
Carolynn Lucca BlackCAROLYNN LUCCA BLACK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Patrick R BowePATRICK R BOWE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jeffrey R ByrnesJEFFREY R BYRNES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Paul ClagnazPAUL CLAGNAZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Patrick CurtinPATRICK CURTIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kathleen Deegan DicksonKATHLEEN DEEGAN DICKSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Stephen V DesimoneSTEPHEN V DESIMONE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Matthew EmanueloMATTHEW EMANUELO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Vicki FerraraVICKI FERRARA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Kathleen MgiamoKATHLEEN MGIAMO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mary Ryan GonzalezMARY RYAN GONZALEZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michael Sean GrantMICHAEL SEAN GRANT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Dennis HarringtonDENNIS HARRINGTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Most Rev Richard G HenningMOST REV RICHARD G HENNING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Matthew HeslinMATTHEW HESLIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Bernadette KasnickiBERNADETTE KASNICKI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Marguerite KircherMARGUERITE KIRCHER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Rick A LazioRICK A LAZIO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ronald Lo RussoRONALD LO RUSSO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David LynchDAVID LYNCH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Fj McCarthy CcimFJ MCCARTHY CCIM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michael McCarthyMICHAEL MCCARTHY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Frank MelaccioFRANK MELACCIO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Michael MerloMICHAEL MERLO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Catherine T MuscenteCATHERINE T MUSCENTE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Gerald D PietroforteGERALD D PIETROFORTE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Marmeline Petion-MidyMARMELINE PETION-MIDY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Peter QuickPETER QUICK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Salvatore RestivoSALVATORE RESTIVO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Michael D SapraiconeMICHAEL D SAPRAICONE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Maureen T ScadutoMAUREEN T SCADUTO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Brian T SheaBRIAN T SHEA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bernadette Casey SmithBERNADETTE CASEY SMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Michael Spinelli MDMICHAEL SPINELLI MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Peter D TamsenPETER D TAMSEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Glenn TyranskiGLENN TYRANSKI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Joseph YoungJOSEPH YOUNG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Margaret YorkMARGARET YORK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Ismini ScourasISMINI SCOURAS
EXECUTIVE DIRECTOR
- Total calculated
- $185,432
- From this org
- $180,501
- From related orgs
- $0
- Other
- $4,931
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $180,501
- Bonus
- $0
- Other
- $0
- Deferred
- $4,931
- Nontaxable benefits
- $0
- Filer's total
- $185,432
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
TUITION ASSISTANCE
-
ST MARTIN DE PORRES
$291,563
TUITION ASSISTANCE
-
ST PATRICK SCHOOL
$199,708
TUITION ASSISTANCE
-
OUR LADY OF THE HAMPTONS REGIONAL SCHOOL
$155,537
TUITION ASSISTANCE
-
ST BRIGIDOUR LADY OF HOPE REGIONAL SCHOOL
$144,194
TUITION ASSISTANCE
-
ST MARY SCHOOL
$104,333
TUITION ASSISTANCE
-
ST DOMINIC ELEMENTARY SCHOOL
$97,016
TUITION ASSISTANCE
-
HOLY ANGELS REGIONAL SCHOOL
$96,990
TUITION ASSISTANCE
-
ST AGNES CATHEDRAL SCHOOL
$96,555
TUITION ASSISTANCE
-
HOLY FAMILY SCHOOL
$96,222
TUITION ASSISTANCE
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 9 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202323179349301402
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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