Andrew Rinaldi Memorial Fund
- Assets
- $32.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Harrison, NY
- Founding
- 08/2016
- Data as of
- 12/2023
- EIN
- 81-3423039
Organization Overview
Andrew Rinaldi Memorial Fund is located in Harrison, NY. The organization was established in 2016. 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. Andrew Rinaldi Memorial Fund 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, Andrew Rinaldi Memorial Fund generated $8.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (23.2%) each year. All expenses for the organization totaled $2.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (36.6%) per year over the past 7 years. 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
2023
Describe the Organization's Program Activity:
Part 3
TO GENERATE FUNDING TO PROVIDE ASSISTANCE TO YOUNG ADULTSIN ESTABLISHING A CLEAR AND SAFE DIRECTION IN THEIR LIVES;TO RAISE FUNDS THROUGH DIRECT SOLICITATION FROM PARENTSAND ORGANIZATIONS. IN FY2023, THE ORGANIZATION AWARDED ONE GRANT TOTALING $2,000..
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marc L Rinaldi President | 1 | $0 | |
Hugh M Rinaldi Vice President | 1 | $0 | |
Lucy J Rinaldi Treasurer | 4 | $0 | |
Jessica A Gingold Secretary | 1 | $0 | |
Paul K Demascus Director | 1 | $0 | |
Rayna H Hollander Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,304 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $437 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $8,741 |
| 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 | $0 |
| Other expenses | $30 |
| Total expenses | $2,030 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $32,494 |
| Other assets | $0 |
| Total assets | $32,494 |
| Total liabilities | $0 |
| Net assets or fund balances | $32,494 |