Form 990 for tax year 2022

Totals

Total revenue

$19,320,352

Total expenses

$20,059,238

Contributions and grants received

$19,725,691

Grants paid

$16,396,787

Program service revenue

$0

Investment income

$74,650

Other revenue

-$479,989

Total assets, end of year

$107,195,052

Total liabilities, end of year

$726,822

Net assets or fund balances, end of year

$106,468,230

Program services expenses (Part IX)

$16,912,908

Management and general expenses

$1,059,381

Fundraising expenses

$2,086,949

Program service expenses (Part III)

$16,912,908

Program services were 84.3% 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.

Mission and programs · 2022

• TUITION ASSISTANCE PROGRAMS: GRANT PAYMENTS FOR SCHOLARSHIPS IN PARTNERSHIP WITH THE CHILDREN'S SCHOLARSHIP FUND, THE ARCHDIOCESE OF NEW YORK, AND STUDENT SPONSOR PARTNERS.

  Expenses $7,575,326 · Grants $7,575,326

• SCHOLARSHIP PROGRAMS: GRANT SCHOLARSHIPS TO STUDENTS WITH QUALIFYING NEED. STUDENTS ARE REQUESTED TO CORRESPOND WITH DONORS.

  Expenses $8,165,474 · Grants $8,165,474

• FINANCIAL AID GRANTS: FINANCIAL AID GRANTS FOR UNDER-SERVICED CATHOLIC SCHOOLS, AND DEPARTMENT OF EDUCATION OF THE ARCHDIOCESE OF NEW YORK. THESE GRANTS COULD BE FOR STUDENT SCHOLARSHIPS, ENRICHMENT, OPPORTUNITIES, AND CAPITAL REPAIRS OR GENERAL OPERATIONS.

  Expenses $655,987 · Grants $655,987

• ENRICHMENT PROGRAM - THIS PROGRAM GIVES HIGH SCHOOL JUNIORS AN OPPORTUNITY TO GAIN EXPERIENCE IN A BUSINESS SETTING THROUGH JOB-RELATED WORKSHOPS AND PAID SUMMER INTERNSHIPS AT MANY NEW YORK PRESTIGIOUS COMPANIES AND ORGANIZATIONS. JUNIOR COMMITTEE PROVIDES HANDS-ON SUPPORT TO STUDENTS IN OUR PARTICIPATING SCHOOLS. THEY WORK AND LIVE THROUGHOUT THE TRI-STATE AREA AND THEIR COMMON DESIRE IS TO HELP THE BOYS AND GIRLS OF THE INNER-CITY BY PROVIDING THEM WITH AN ENRICHING EXPERIENCE.

  Expenses $516,121

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

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

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

• GLOBAL REGIONAL SCHOOL SYSTEM

  $4,275,000

  FINANCIAL AID GRANT

• THE CHILDREN'S SCHOLARSHIP FUND

  $3,194,124

  FINANCIAL AID GRANT

• CARDINAL SPELLMAN

  $738,360

  FINANCIAL AID GRANT

• CATHOLIC SCHOOL REGION NORTH WEST SOUTH BRONX

  $659,017

  FINANCIAL AID GRANT

• CATHOLIC SCHOOL REGION NORTH EASTEAST BRONX

  $571,068

  FINANCIAL AID GRANT

• STUDENT SPONSOR PARTNERSHIP INC

  $496,350

  FINANCIAL AID GRANT

• CATHOLIC SCHOOL REGION MANHATTAN

  $404,773

  FINANCIAL AID GRANT

• DEPARTMENT OF EDUCATION OF THE ARCHDIOCESE OF NEW YORK

  $353,487

  FINANCIAL AID GRANT

• ALL HALLOWS

  $326,210

  FINANCIAL AID GRANT

• ST JEAN BAPTISTE

  $312,350

  FINANCIAL AID GRANT

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

• ARCHDIOCESE OF NEW YORK

  501(C)(3) · RELIGIOUS · NY

Provenance

Return type

form_990

Tax year

2022

Filed

22 April 2024

IRS schema version

2022v5.0

Source object

202431139349300743

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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