Joseph R Riverso Memorial Foundation Inc is located in White Plains, NY. The organization was established in 2003. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Joseph R Riverso Memorial 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, Joseph R Riverso Memorial Foundation Inc generated $38.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.8% each year . All expenses for the organization totaled $19.8k during the year ending 12/2023. While expenses have increased by 2.7% per year over the past 5 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
William Riverso President | 0.3 | $0 | |
Maria Riverso Secretary And Treasurer | 2.3 | $0 | |
Ralph Riverso Director | 0.2 | $0 | |
Al Riccobono Director | 0.75 | $0 | |
Michael O'donnell Director | 0.75 | $0 | |
John Barry Director | 0.2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $37,080 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $745 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $416 |
Other Revenue | $0 |
Total Revenue | $38,241 |
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 | $60 |
Other expenses | $211 |
Total expenses | $19,771 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $113,283 |
Other assets | $0 |
Total assets | $113,283 |
Total liabilities | $0 |
Net assets or fund balances | $113,283 |