Skyline Charitable Foundation Inc
- Assets
- $65.5k
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 5
- Location
- Long Island City, NY
- Founding
- 08/2014
- Data as of
- 12/2022
- EIN
- 46-2141917
Organization Overview
Skyline Charitable Foundation Inc is located in Long Island City, NY. The organization was established in 2014. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Skyline Charitable Foundation Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Skyline Charitable 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 12/2022, Skyline Charitable Foundation Inc generated $2.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 64.4% each year . All expenses for the organization totaled $2.4m during the year ending 12/2022. While expenses have increased by 64.7% per year over the past 6 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, Skyline Charitable Foundation Inc has awarded 14 individual grants totaling $287,725. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE CORPORATION IS FORMED FOR THE CHARITABLE PURPOSE OF IMPROVING THE COMMUNITY BY IDENTIFYING AND INITIATING SERVICES THAT ADDRESS ALL ASPECTS OF COMMUNITY NEED. THE CORPORATION DEVELOPS AND MANAGES PROGRAMS TO HELP ALL PEOPLE LEAD HEALTHY, PRODUCTIVE LIVES. IT SEEKS TO ENSURE THAT ALL PEOPLE ESPECIALLY THOSE WITH THE FEWEST RESOURCES HAVE ACCESS TO THE OPPORTUNITIES THEY NEED TO LEAD FULL PRODUCTIVE LIVES. BY PROVIDING VARIOUS FORMS OF SUPPORT TO THE COMMUNITY WE STRIVE TO HELP THOSE IN NEED ENRICH THEIR LIVES BY SUCCEEDING PERSONALLY, ACADEMICALLY, AND IN THEIR EMPLOYMENT, TRADE, OR PROFESSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RAP4BRONX COLLECTS AND DONATES FOOD MEALS, GROCERIES AND ESSENTIAL SUPPLIES TO HELP FRONTLINE WORKERS, FAMILIES, SENIORS AND VULNERABLE RESIDENTS IN THE BRONX, NY AREA. RAP4BRONX WORKS WITH FOOD PANTRIES, SENIOR CITIZEN HOMES AND OTHER NON-PROFITS TO HELP ALLEVIATE THE STRESS FOR COMMUNITY MEMBERS WHO FIND THEMSELVES AT THE INTERSECTION OF BEING MOST VULNERABLE TO THE COVID-19 AND MOST IMPACTED BY INEQUITY. SINCE THE PROGRAM'S INCEPTION, THE VOLUNTEERS AND PROGRAM COORDINATOR OF RAP4BRONX HAVE DELIVERED OVER ONE MILLION MEALS TO BRONX RESIDENTS IN NEED.
THE ORGANIZATION HOSTS AN ANNUAL GOLF OUTING BENEFITING VARIOUS CHARITIES.
FUNDS ARE RAISED VIA EVENTS SUCH AS THE ANNUAL CHARITABLE GOLF CLASSIC AND ARE REGRANTED TO ORGANIZATIONS CARRYING OUT WORK ALIGNED WITH THE FOUNDATION'S MISSION. FUNDS ARE ALSO RECEIVED BY THE FOUNDATION AND REGRANTED TO INDIVIDUALS, ORGANIZATIONS AND GRASSROOT INITIATIVES AS PER DONOR'S DIRECTION AND WHOSE WORK IS IN LINE WITHTHE FOUNDATION'S MISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Pantanelli Chair Of Board | Trustee | 2 | $0 |
Eva Hatzaki President | Trustee | 2 | $0 |
John Kalafatis Vice President | Trustee | 2 | $0 |
Tony Hillery Board Member | Trustee | 2 | $0 |
David Nidus Board Member | Trustee | 2 | $0 |
Rygo Foss Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $362,617 |
| Government grants | $36,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,756,512 |
| Noncash contributions included in lines 1a–1f | $1,736,263 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,155,129 |
| Total Program Service Revenue | $48,737 |
| 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 | $172,756 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,377,965 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $196,857 |
| Grants and other assistance to domestic individuals. | $1,106 |
| Grants and other assistance to Foreign Orgs/Individuals | $24,620 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $102,981 |
| Compensation of current officers, directors, key employees. | $16,204 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $113,986 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $15,965 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $27,428 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $11,345 |
| Office expenses | $9,423 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,312 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,052 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,526 |
| All other expenses | $1,275 |
| Total functional expenses | $2,401,091 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $62,457 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $3,000 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| 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 | $65,457 |
| Accounts payable and accrued expenses | $56,209 |
| 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 | $56,209 |
| Net assets without donor restrictions | $9,248 |
| 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 | $65,457 |
Grants Awarded
Over the last fiscal year, Skyline Charitable Foundation Inc has awarded $187,725 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
COL JOHNNIE PANTANELLI COMPOSITE SQUADRON PURPOSE: SUPPORT OF ORGANIZATION'S MISSION | $7,000 |
ANDROMEDA COMMUNITY INITIATIVE PURPOSE: SUPPORT OF ORGANIZATION'S MISSION | $135,525 |
THE NEW YORK CENTER FOR CHILDREN PURPOSE: SUPPORT OF ORGANIZATION'S MISSION | $18,000 |
YOUR KINDNESS INC PURPOSE: SUPPORT OF ORGANIZATION'S MISSION | $7,200 |
RONALD MCDONALD HOUSE CHARITIES INC PURPOSE: SUPPORT OF ORGANIZATION'S MISSION | $10,000 |
HARLEM GROWN INC PURPOSE: SUPPORT OF ORGANIZATION'S MISSION | $5,000 |