Form 990 for tax year 2024
Filed by FOUNDATION FOR ABILITIES FIRST NY.
What the amendment changed
Compared with the return it replaced , filed 11 November 2025. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.
Those are the same on the two returns, so the amendment changed something else.
Totals
- Total revenue
- $465,840
- Total expenses
- $400,807
- Contributions and grants received
- $416,319
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $45,080
- Other revenue
- $4,441
- Total assets, end of year
- $930,327
- Total liabilities, end of year
- $201,366
- Net assets or fund balances, end of year
- $728,961
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $400,807
- Program service expenses (Part III)
- not reported
Program services were 0.0% 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
$103,629
-
1f · All other contributions, gifts and grants
$312,690
-
3 · Investment income
total $45,080 · excluded $45,080
-
8a · Fundraising events: gross income
$61,702
-
8a · Fundraising events: contributions included on line 1c
$103,629
-
8b · Fundraising events: direct expenses
$61,702
-
8c · Net income from fundraising events
total $0
-
11a · Other revenue: MISCELLANEOUS INCOME
total $4,441 · related or exempt $4,441
-
11e · Other revenue, total
$4,441
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $170,584 · fundraising $170,584
-
8 · Pension plan contributions
total $3,136 · fundraising $3,136
-
9 · Other employee benefits
total $10,193 · fundraising $10,193
-
10 · Payroll taxes
total $12,617 · fundraising $12,617
-
11f · Fees: investment management
total $21,708 · fundraising $21,708
-
11g · Fees: other
total $10,404 · fundraising $10,404
-
13 · Office expenses
total $17,486 · fundraising $17,486
-
17 · Travel
total $1,160 · fundraising $1,160
-
23 · Insurance
total $5,492 · fundraising $5,492
-
24a · Other expenses: OTHER OPERATING COSTS
total $147,538 · fundraising $147,538
-
24b · Other expenses: FOOD
total $489 · fundraising $489
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $228,414 · end of year $577,526
-
2 · Savings and temporary cash investments
beginning of year $283,955 · end of year $345,921
-
4 · Accounts receivable
end of year $2,900
-
9 · Prepaid expenses and deferred charges
beginning of year $3,980 · end of year $3,980
-
25 · Other liabilities
beginning of year $162,343 · end of year $201,366
-
27 · Net assets without donor restrictions
beginning of year $180,186 · end of year $554,873
-
28 · Net assets with donor restrictions
beginning of year $173,820 · end of year $174,088
Mission and programs · 2024
Mission
THE MISSION OF THE FOUNDATION FOR ABILITIES FIRST NY IS TO GARNER THE FINANCIAL RESOURCES NECESSARY TO MEET THE PROGRAMMATIC INTERESTS AND TO ASSURE THE SUSTAINABILITY OF THE MISSION OF ABILITIES FIRST, INC. FAFNY WILL ESTABLISH A STABLE COMMITMENT OF PHILANTHROPIC SUPPORT, TO ASSURE THE PROGRAMS, SERVICES, AND QUALITY OF LIFE OPPORTUNITIES REMAIN STRONG AND AVAILABLE, AS WELL AS ENSURE THE ORGANIZATION'S FISCAL RESILIENCY DURING UNEXPECTED CHANGES.
-
FOUNDATION FOR ABILITIES FIRST NY, INC. STAFF LEAD THE EFFORTS TO GARNER THE FINANCIAL RESOURCES NECESSARY TO MEET THE PROGRAMMATIC INTERESTS OF THE MISSION OF ABILITIES FIRST, INC. THE PRIMARY ACCOMPLISHMENTS OF THE FOUNDATION OPERATIONS ARE THE PROCUREMENT OF IN-KIND SUPPORT FOR THE OPERATIONAL PROGRAMMATIC NEEDS OF THE AGENCY, AS WELL AS FUNDRAISING INITIATIVES.
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Joshua MackeyJOSHUA MACKEY
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Peter SetaroPETER SETARO
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Anthony MorandoANTHONY MORANDO
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Michael PineMICHAEL PINE
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
David MelbyDAVID MELBY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Jacob FriedmanJACOB FRIEDMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Amy BombardieriAMY BOMBARDIERI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Michael MazzucaMICHAEL MAZZUCA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Brianna McKeeBRIANNA MCKEE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Carla AlfieriCARLA ALFIERI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Marlo DelarosaMARLO DELAROSA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
John FarinaJOHN FARINA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Michelle SmithMICHELLE SMITH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Jeffery FoxJEFFERY FOX
CHIEF EXECUTIVE OFFICER
- Total calculated
- $365,636
- From this org
- $0
- From related orgs
- $317,009
- Other
- $48,627
- Hours/week
- 4 + 36 related
Schedule J breakdown matched by us
- Base
- $0 + $271,259 related
- Bonus
- $0 + $45,750 related
- Other
- $0
- Deferred
- $0 + $15,850 related
- Nontaxable benefits
- $0 + $32,777 related
- Filer's total
- $0 + $365,636 related
-
Joann ParkerJOANN PARKER
FOUNDATION DIRECTOR
- Total calculated
- $121,127
- From this org
- $0
- From related orgs
- $114,065
- Other
- $7,062
- Hours/week
- 40
-
Kim RyderKIM RYDER
CHIEF FINANCIAL OFFICER
- Total calculated
- $175,300
- From this org
- $0
- From related orgs
- $154,065
- Other
- $21,235
- Hours/week
- 4 + 36 related
Schedule J breakdown matched by us
- Base
- $0 + $142,065 related
- Bonus
- $0 + $12,000 related
- Other
- $0
- Deferred
- $0 + $7,703 related
- Nontaxable benefits
- $0 + $13,532 related
- Filer's total
- $0 + $175,300 related
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 · Compensation committee
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 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
No itemized grants to organizations on this return.
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.
-
501 (C)(3) · TO PROVIDE PEOPLE WITH DISABILITIES AND THEIR FAMILIES SUPPORT · NY
-
ASSOCIATES OF REHABILITATION PROGRAMS INC
501 (C)(3) · OWNERSHIP OF FACILITY USED AS A RESIDENCE FOR THE DEVELOPMENTALLY DISABLED · NY
Directly controlled by ABILITIES FIRST INC
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 29 January 2026
- IRS schema version
- 2024v5.5
- Source object
- 202610309349302001
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