Sophia Valsamos Foundation Inc is located in Huntington, NY. The organization was established in 2018. 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. Sophia Valsamos 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, Sophia Valsamos Foundation Inc generated $34.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $27.1k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION FED 150 FAMILIES FOR THE THANKSGIVING FOOD DRIVE ON LONG ISLAND THROUGH VARIOUS CHURCHES, CHARITIES AND LOCAL FOUNDATIONS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Annette Taylor Directorvice President | 5 | $0 | |
Chris Valsamos Director | 3 | $0 | |
Gina Valsamos Directorsecretary | 3 | $0 | |
Andrea Curto Director | 3 | $0 | |
Brad Dubler Director | 3 | $0 | |
Anthony Manetta Director | 3 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,353 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$11,448 |
| Other Revenue | $0 |
| Total Revenue | $34,905 |
| 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 | $10,487 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $473 |
| Other expenses | $16,097 |
| Total expenses | $27,057 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $50,844 |
| Other assets | $0 |
| Total assets | $50,844 |
| Total liabilities | $0 |
| Net assets or fund balances | $50,844 |