New Yorks Finest Foundation Inc
- Assets
- $152.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 09/1984
- Data as of
- 01/2024
- EIN
- 13-2877953
Organization Overview
New Yorks Finest Foundation Inc is located in New York, NY. The organization was established in 1984. According to its NTEE Classification (I11) the organization is classified as: Single Organization Support, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Yorks Finest 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 01/2024, New Yorks Finest Foundation Inc generated $43.4k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $46.9k during the year ending 01/2024. While expenses have increased by 1.1% per year over the past 9 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION'S PRIMARY EXEMPT FUNCTION IS TO PROVIDE SCHOLARSHIP AWARDS TO POLICE OFFICERS AND TO CHILDREN OF POLICE OFFICERS. THE FOUNDATION MEETS THIS PRIMARY PURPOSE, PRINCIPALLY BY MAKING CONTRIBUTIONS TO POLICE FRATERNAL ORGANIZATIONS WHICH, IN TURN, USE THESE CONTRIBUTIONS FOR SCHOLARSHIP PURPOSES. THE FOUNDATION ALSO TAKES PRIDE IN THEIR AWARD CEREMONIES HONORING THOSE POLICE OFFICERS WHO HAVE PERFORMED PARTICULARLY HEROIC OR LIFE SAVING ACTIVITIES. NEW YORK'S FINEST FOUNDATION, INC. SPONSORS COMMUNITY EVENTS, OUTINGS AND MEETINGS WHICH PROVIDE A FORUM FOR THE FOUNDATION TO EDUCATE THE PUBLIC TO THE DANGERS, DIFFICULTIES AND PROBLEMS ENCOUNTERED BY THE NYC POLICE DEPARTMENT. THE FOUNDATION PRIMARILY SUPPORTS THE NYPD BUT ALSO CONTRIBUTES TO OTHER LOCAL, STATE AND FEDERAL LAW ENFORCEMENT AGENCIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Console Director | 0 | $0 | |
Stefan Reyniak Treasurer | 0 | $0 | |
Benjamin G Rosenshine Director | 0 | $0 | |
Mark T Fitzgibbons Director | 0 | $0 | |
Terry M Geller DDS Director | 0 | $0 | |
Mark Geller Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $38,629 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $4,786 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $43,415 |
| 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 | $1,775 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $299 |
| Other expenses | $26,863 |
| Total expenses | $46,912 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $152,672 |
| Other assets | $0 |
| Total assets | $152,672 |
| Total liabilities | $0 |
| Net assets or fund balances | $152,672 |