A R E Rico Memorial Foundation
- Assets
- $27.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Center Moriches, NY
- Founding
- 09/2003
- Data as of
- 12/2021
- EIN
- 81-0600701
Organization Overview
A R E Rico Memorial Foundation is located in Center Moriches, NY. The organization was established in 2003. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. A R E Rico Memorial Foundation 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, A R E Rico Memorial Foundation generated $53.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $57.8k during the year ending 12/2021. While expenses have increased by 3.2% per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION RECIEVES DONATIONS FROM INDIVIDUALS AND ORGANIZATIONS.IT HOSTS AN ANNUAL GOLF OUTING.THE MONIES RAISED FROM THIS EVENTS AS WELL AS THE DONATIONS RECEIVED ARE DONATED BACK TO THE COMMUNITY TO INDIVIDUALS AND ORGANIZATIONS BASED ON NEED AND MERIT AFTER THE ORGANIZATION COVERS ITS FUNDRAISING AND PROGRAM EXPENSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Eaderesto President | 6 | $0 | |
Marie Magg Treasurer | 5 | $0 | |
Annette Eaderesto Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,980 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $46,728 |
| Other Revenue | $0 |
| Total Revenue | $53,708 |
| 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 | $550 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $176 |
| Other expenses | $0 |
| Total expenses | $57,804 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $27,558 |
| Other assets | $0 |
| Total assets | $27,558 |
| Total liabilities | $0 |
| Net assets or fund balances | $27,558 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that A R E Rico Memorial Foundation has recieved totaling $5,575.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $5,575 |
Peer Organizations
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|---|---|---|
The Good Nation Foundation Inc New York, NY | $2,105,948 | $9,558,970 |
New York Times Neediest Cases Fund New York, NY | $66,331,518 | $11,554,497 |
The M S Hershey Foundation Hershey, PA | $64,689,691 | $17,201,612 |
Enveritas Inc New York, NY | $2,653,436 | $10,002,673 |
Rodef Chesed Brooklyn, NY | $766,824 | $8,077,248 |
Tomchai Torah Beretz Yisrael Inc Monsey, NY | $767,829 | $7,981,285 |
American Friends Of The Royal Foundation Of The Duke And Duchess Newtown, MA | $2,911,496 | $8,616,320 |
Howard S And Deborah Jonas Foundation Inc Newark, NJ | $31,913,606 | $3,298,041 |
Mccourt Foundation Inc Braintree, MA | $29,762,470 | $6,917,849 |
Virgin Unite Usa Inc New York, NY | $4,075,760 | $3,415,307 |
American Friends Of Kohelet Policy Forum Philadelphia, PA | $260,078 | $121,500 |
Englewood Hospital And Medical Center Foundation Inc Englewood, NJ | $99,587,008 | $18,309,140 |