BRIAN CANNIZZARO MEMORIAL FUND INC

EIN: 043691126 501(c)(3) Education

STATEN ISLAND, NY

Total Revenue
$723
Total Expenses
$600
Total Assets
$101,595
Net Assets
$101,595
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
NY
Phone
9175891116
Tax Period
2020-07-01 to 2021-06-30

BRIAN CANNIZZARO MEMORIAL FUND INC, founded in 2002, is a micro nonprofit in the Education sector that reported $723 in total revenue in fiscal year 2020. Revenue fell 64% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $123, a strong 17% operating margin.

Mission

THE MISSION IS TO RAISE MONEY TO DONATE TO CHARITIES AND ORGANIZATIONS THAT WERE IMPORTANT TO MR. BRIAN CANNIZZARO.THE ORGANIZATION IS ALSO TRYING TO SET UP A PERPETUAL SCHOLARSHIP FUND AT ST. JOHN'S UNIVERSITY

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $600
Program Service Revenue $0
Investment Income $123
Other Revenue $0
TOTAL REVENUE $723

Expense Breakdown

Grants Paid $500
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $500
Other Expenses $100
TOTAL EXPENSES $600

Year-over-Year Comparison

2020 2019 Change
Revenue $723 $2,019 -0.6%
Expenses $600 $1,150 -0.5%
Net Income $123 $869 -0.9%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
6

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN PISAPIA Director 3.00
Director
$0 $0 $0
JACKIE CANNIZZARO Director 3.00
Director
$0 $0 $0
ALAN TERJERSON Director 3.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2021 $723 $600 $101,595 $123
2020 $2,019 $1,150 $101,472 $869
2019 $-741 $1,235 $100,603 $-1,976
2018 $241 $1,189 $102,579 $-948
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