Antoinette H Demeo And Angelo J Demeo Foundation Inc
- Assets
- $1.2m
- Revenue
- $46.6k
- Investments
- $1.2m
- Employees
- 0
- Location
- New York, NY
- Founding
- 05/2017
- Data as of
- 12/2020
- EIN
- 47-5305934
Organization Overview
Antoinette H Demeo And Angelo J Demeo Foundation Inc is located in New York, NY. The organization was established in 2017. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Antoinette H Demeo And Angelo J Demeo 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 12/2020, Antoinette H Demeo And Angelo J Demeo Foundation Inc generated $46.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (5.9%) each year. All expenses for the organization totaled $22.7k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (51.7%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Antoinette H DE Meo Director | 1 | $0 | |
John O Mcmanus Director | 1 | $0 | |
Joyce Tambini Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $29,668 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $16,639 |
| Capital Gain Net Income | $16,639 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $326 |
| Total Revenue | $46,633 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $434 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $259 |
| Total operating and administrative expenses | $20,197 |
| Contributions, gifts, grants paid | $2,500 |
| Total expenses and disbursements | $22,697 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,427 |
| Savings and temporary cash investments | $19,281 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $553,094 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,231,276 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Peer Organizations
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|---|---|---|
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Queens College Special Projects Fund Inc Flushing, NY | $53,656,603 | $7,071,081 |
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Fannie E Rippel Foundation Morristown, NJ | $0 | $6,091,281 |
Concrete Foundation Inc Craftsbury Common, VT | $101,088,945 | $16,269,821 |
Tapfound Inc New York, NY | $4,933,878 | $7,053,619 |
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Sovereign Military Hospitaller Order Of St John Of Jerusalem Of New York, NY | $5,131,952 | $5,108,487 |
Magaro Family Foundation Inc Danbury, CT | $30,477,702 | $229,929 |
Hands In Service Incorporated Sellersville, PA | $413,502 | $4,515,148 |
Datakind Brooklyn, NY | $7,052,955 | $2,773,630 |
Montshire Museum Of Science Norwich, VT | $18,203,770 | $4,178,719 |