Tomorrows Hope Foundation Inc
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rockville Centre, NY
- Founding
- 08/2006
- Data as of
- 12/2023
- EIN
- 20-3514578
Organization Overview
Tomorrows Hope Foundation Inc is located in Rockville Centre, NY. The organization was established in 2006. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tomorrows Hope Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Tomorrows Hope Foundation Inc generated $31.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (38.0%) each year. All expenses for the organization totaled $11.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (43.9%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Tomorrows Hope Foundation Inc has awarded 354 individual grants totaling $13,335,236. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO ENSURE EXCELLENCE AND CONTINUANCE OF CATHOLIC ELEMENTARY EDUCATION ON LONG ISLAND. EFFECTIVE JUNE 30, 2023, THE FOUNDATION WAS APPROVED FOR DISSOLUTION AND DISTRIBUTION OF ASSETS WITH THE NYS ATTORNEY GENERAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lewis S Ranieri Chairman | 1 | $0 | |
Frank D Liantonio Vice Chair | 1 | $0 | |
Christopher Tully Vice Chair | 1 | $0 | |
Richard Conniff Vice Chair/treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $12,753 |
| Gain or Loss | $18,520 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $31,273 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,132 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,420 |
| Total expenses | $11,552 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |
Grants Awarded
Over the last fiscal year, Tomorrows Hope Foundation Inc has awarded $1,793,138 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
HOLY FAMILY SCHOOL PURPOSE: TUITION ASSISTANCE | $24,525 |
HOLY ANGELS REGIONAL SCHOOL PURPOSE: TUITION ASSISTANCE | $31,900 |
HOLY NAME OF MARY SCHOOL PURPOSE: TUITION ASSISTANCE | $29,025 |
LONG BEACH CATHOLIC REGIONAL SCHOOL PURPOSE: TUITION ASSISTANCE | $17,575 |
MARIA REGINA SCHOOL PURPOSE: TUITION ASSISTANCE | $9,288 |
OUR LADY OF PEACE SCHOOL PURPOSE: TUITION ASSISTANCE | $24,350 |