Petrus Fund Of Yonkers Inc is located in Yonkers, NY. The organization was established in 2014. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Petrus Fund Of Yonkers 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 12/2022, Petrus Fund Of Yonkers Inc generated $47.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (19.6%) each year. All expenses for the organization totaled $39.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (11.3%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TUITION ASSISTANCE- 33,590 GRADUATION AWARDS -6,500 SPANISH LANGUAGE PROGRAM - 15,000
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Burns Director | 5 | $0 | |
Charles Slivinski MD Director | 5 | $0 | |
James Terry Director | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,931 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $14 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $47,945 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,419 |
| Total expenses | $39,059 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $153,851 |
| Other assets | $0 |
| Total assets | $153,851 |
| Total liabilities | $0 |
| Net assets or fund balances | $153,851 |