Joseph Larosa Jr Foundation Inc is located in Setauket, NY. 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. Joseph Larosa Jr 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 Larosa Jr Foundation Inc generated $67.8k in total revenue.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE CORPORATION RAISED MONEY FOR THE PURPOSE OF GIVING SCHOLARSHIPS TO STUDENT ATHELETES IN THE THREE VILLAGE COMMUNITY, THEREBY, GIVING BACK TO THE YOUNG PEOPLE WITHIN THE COMMUNITY WHO EMBODY THE SAME QUALITIES AND TRUE JOJO CHARACTERISTICS; DETERMINATION, HARD WORK, PRESERVERANCE AND UNWAVERING VALUES OF FAITH AND FAMILY, KEEPING HIS MEMORY ALIVE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joseph Larosa President/direc | 10 | $0 | |
Gianna Larosa Secretary/vp | 10 | $0 | |
Kathy Savastano Treasurer | 10 | $0 | |
David Purdy Director | 0 | $0 | |
Brian Mcginley Director | 0 | $0 | |
Ray Mckenna Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $73,695 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | -$5,941 |
Other Revenue | $0 |
Total Revenue | $67,754 |
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 | $8,856 |
Total expenses | $29,906 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $48,233 |
Other assets | $0 |
Total assets | $53,233 |
Total liabilities | $0 |
Net assets or fund balances | $53,233 |