Skip to content
Nonprofiteer
← VICTOR CRUZ FOUNDATION INC

Form 990 for tax year 2024

Filed by VICTOR CRUZ FOUNDATION INC.

Totals

Total revenue
$82,121
Total expenses
$66,273
Contributions and grants received
$158,481
Grants paid
$20,000
Program service revenue
$0
Investment income
-$7,223
Other revenue
-$69,137
Total assets, end of year
$723,573
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$723,573
Program services expenses (Part IX)
$53,645
Management and general expenses
$12,628
Fundraising expenses
$0
Program service expenses (Part III)
$53,645

Program services were 80.9% 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

    $141,256

  • 1f · All other contributions, gifts and grants

    $17,225

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $6,045 · excluded $6,045

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $47,534

  • 7b · Less cost or other basis and sales expenses

    securities $60,802

  • 7c · Gain or loss

    securities -$13,268 · other assets $0

  • 7d · Net gain or loss

    total -$13,268 · excluded -$13,268

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $141,256

  • 8b · Fundraising events: direct expenses

    $69,137

  • 8c · Net income from fundraising events

    total -$69,137 · excluded -$69,137

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $20,000 · program services $20,000

  • 5 · Compensation of officers, directors and key employees

    total $30,000 · program services $27,000 · management and general $3,000

  • 10 · Payroll taxes

    total $2,827 · program services $2,544 · management and general $283

  • 11b · Fees: legal

    total $260 · management and general $260

  • 11c · Fees: accounting

    total $2,548 · management and general $2,548

  • 11f · Fees: investment management

    total $4,761 · management and general $4,761

  • 11g · Fees: other

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 13 · Office expenses

    total $5,877 · program services $4,101 · management and general $1,776

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $226,551 · end of year $254,400

  • 2 · Savings and temporary cash investments

    beginning of year $26,254 · end of year $19,504

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 10a · Land, buildings and equipment: cost or other basis

    $0

  • 10b · Land, buildings and equipment: accumulated depreciation

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $350,119 · end of year $449,669

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $602,924 · end of year $723,573

Mission and programs · 2024

Mission

THE VICTOR CRUZ FOUNDATION'S MISSION IS TO PROVIDE A FULL ARRAY OF SUPPORT FOR YOUTH TO ACHIEVE SUCCESS IN THE WORKFORCE AND LIFE. THE FOCUS IS ON STEAM EDUCATION (SCIENCE, TECHNOLOGY, ENGINEERING, ART AND MATH) COLLEGE PREPAREDNESS, FINANCIAL LITERACY AND LIVING A HEALTHY LIFESTYLE.

Activities or mission (Part I)

TO PROVIDE SUPPORT FOR YOUTH TO ACHIEVE SUCCESS IN THE WORKFORCE AND LIFE THROUGH STEAM EDUCATION

  • IN 2024, THE VICTOR CRUZ FOUNDATION CONTINUED IT PARTNERSHIP WITH JP MORGAN CHASE FOR THE FINANCIAL LITERACY PROGRAM AT THE STEAM HIGH SCHOOL IN PATERSON, NJ. THE CURRICULUM IS DERIVED FROM J.P. MORGAN'S INVESTING 101 CONTENT, AS WELL AS COVERING PLANNING FUNDAMENTALS, BUDGETING, AND INVESTING BUILDING B BLOCKS. THE BI-WEEKLY SESSION IS LED BY LOCAL J.P. MORGAN TEAM MEMBERS, SPANS OVER 4 MONTHS IN THE SPRING AND FALL, AND HAS SERVED OVER 100 JUNIORS AND SENIORS. A NEW PARTNERSHIP WITH THE NY GIANTS ALSO LAUNCHED FOR THE TOAST MASTERS CLASS, WHERE STUDENTS LEARNED AND PRACTICED PUBLIC SPEAKING SKILLS FOR SENIORS HEADING OFF TO COLLEGE AND/OR THE WORKFORCE. THE VICTOR CRUZ FOUNDATION ADDITIONALLY CONTINUED ITS ANNUAL HOLIDAY COMMUNITY OUTREACH, HELD A FREE YOUTH FOOTBALL CAMP AND HOSTED A CHARITY GOLF INVITATIONAL.

    Expenses $53,645 · Grants $20,000

As filed on the 2024 return.

Listed in Part VII

  • Victor Cruz

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Kristin Malaspina

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Lisa P Wolf

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Nick Dietz

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Paul Rivera

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Troy Dixon

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Briana Thevenin

    EXECUTIVE DIRECTOR

    Total calculated
    $30,000
    From this org
    $30,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

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.

Grants on this return

Provenance

Return type
form_990
Tax year
2024
Filed
9 July 2025
IRS schema version
2024v5.1
Source object
202531909349300043

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

The source document this was parsed from is served over the API, which is where bulk and document access live.