Tacombi Foundation Inc
- Assets
- $521.1k
- Revenue
- $917.4k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 02/2019
- Data as of
- 12/2021
- EIN
- 83-2550224
Organization Overview
Tacombi Foundation Inc is located in New York, NY. The organization was established in 2019. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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. Tacombi 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 12/2021, Tacombi Foundation Inc generated $917.4k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 36.9% each year . All expenses for the organization totaled $473.2k during the year ending 12/2021. While expenses have increased by 2.4% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Tacombi Foundation Inc has awarded 18 individual grants totaling $859,009. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO PROVIDE HEALTHY FOOD AND BASIC SERVICES AS WELL AS OPPORTUNITIES FOR EMPOWERMENT AND SELF-SUFFICIENCY TO THE DISADVANTAGED AND OTHERS IN NEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION AIMS TO SERVE THE COMMUNITY THROUGH FOOD ACCESSIBILITY, EDUCATION & EMPLOYMENT TRAINING. CURRENTLY, THROUGH THE COMMUNITY KITCHEN PROGRAM, THE ORGANIZATION PREPARES AND DISTRIBUTES WHOLESOME MEALS TO FAMILIES IN NEED, PROVIDING FOOD ACCESS TO THOUSANDS OF PEOPLE EVERY WEEK. DURING 2021, THE ORGANIZATION HAS DISTRIBUTED APPROXIMATELY 190,000 MEALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susana Camarena Executive Director | Officer | 10 | $0 |
Dario Wolos President | Trustee | 0.5 | $0 |
Carlos Gonzlez DE Coso Treasurer | Trustee | 0.5 | $0 |
Dina Buchbinder Director | Trustee | 0.5 | $0 |
Johnny Hill Secretary | Trustee | 0.5 | $0 |
Dieter Wiechmann Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $917,438 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $917,438 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $917,438 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $431,961 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,510 |
| Advertising and promotion | $2,670 |
| Office expenses | $1,739 |
| Information technology | $335 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,146 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $209 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,001 |
| All other expenses | $0 |
| Total functional expenses | $473,239 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $102,217 |
| Savings and temporary cash investments | $412,425 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,877 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $588 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $521,107 |
| Accounts payable and accrued expenses | $38,403 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $38,403 |
| Net assets without donor restrictions | $482,704 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $521,107 |
Grants Awarded
Over the last fiscal year, Tacombi Foundation Inc has awarded $422,448 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: Food assistance | $120,333 |
Jackson Heights, NY PURPOSE: Food assistance | $64,599 |
New York, NY PURPOSE: Food assistance | $60,989 |
New York, NY PURPOSE: Food assistance | $46,184 |
New York, NY PURPOSE: Food assistance | $36,035 |
Bronx, NY PURPOSE: Food assistance | $33,977 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Tacombi Foundation Inc has recieved totaling $60,050.
| Awarding Organization | Amount |
|---|---|
Robin Hood Foundation New York, NY PURPOSE: POVERTY RELIEF | $59,000 |
Ira S & Anna Galkin Charitable Trust Providence, RI PURPOSE: GENERAL | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $50 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Braverhood Ltd Brooklyn, NY | $56,044,966 | $113,467,057 |
Chevron Phillips Chemical Co Lp Health & Benefit Tr Veba Pittsburgh, PA | $15,880,618 | $77,964,861 |
Coordinated Behavioral Care Inc New York, NY | $25,699,878 | $79,934,258 |
Success Academy Charter Schools Inc New York, NY | $162,966,057 | $99,368,525 |
Inspirittec Inc Philadelphia, PA | $65,630,872 | $75,964,924 |
Baker Hall Lackawanna, NY | $43,415,308 | $53,649,609 |
Pennsylvania Virtual Charter School King Of Prussia, PA | $24,898,829 | $49,068,085 |
Tiegerman School Glen Cove, NY | $36,938,898 | $36,850,171 |
Proteus Fund Inc Amherst, MA | $47,115,132 | $46,264,432 |
Teach For All Inc New York, NY | $63,275,692 | $50,938,774 |
Pay It Forward Foundation Inc Pittsburgh, PA | $11,909,629 | $29,731,720 |
Lifesteps Inc Butler, PA | $25,871,848 | $32,536,752 |