A CHANCE IN LIFEINC

EIN: 131835632 501(c)(3) Human Services

STATEN ISLAND, NY

Total Revenue
$2,763,819
Total Expenses
$3,051,557
Total Assets
$3,051,951
Net Assets
$2,695,362
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1951
Legal Domicile
NY
Principal Officer
GABRIELE DELMONACO
Phone
2129808770
Tax Period
2024-01-01 to 2024-12-31

A CHANCE IN LIFEINC, founded in 1951, is a community nonprofit in the Human Services sector that reported $2.8M in total revenue in fiscal year 2024. Expenses of $3.1M exceeded revenue, resulting in a 10% operating deficit.

Mission

THE NATURE OF THE ACTIVITIES TO BE CONDUCTED AND THE PURPOSE TO BE PROMOTED OR CARRIED OUT BY THE ORGANIZATION IS (A) TO SOLICIT FUNDS AND CONTRIBUTIONS TO SUPPORT WORK THROUGHOUT THE WORLD TO PROVIDE A CHANCE IN LIFE AND TO MAKE LASTING, POSITIVE DIFFERENCES IN THE LIVES OF DISADVANTAGED, POOR AND AT-RISK CHILDREN, THEIR FAMILIES, AND THEIR COMMUNITIES, DIRECTLY OR THROUGH OTHER HUMANITARIAN ORGANIZATIONS AND INSTRUMENTALITIES AS THE CORPORATION MAY ELECT TO AID OR ASSIST, OR THROUGH AGENTS OF THE ORGANIZATION ABROAD, AND (B) TO ENGAGE IN CHARITABLE, SCIENTIFIC, LITERARY, OR EDUCATIONAL ACTIVITIES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,764,802
Program Service Revenue $0
Investment Income $384,789
Other Revenue $-385,772
TOTAL REVENUE $2,763,819

Expense Breakdown

Grants Paid $896,023
Salaries & Benefits $1,441,138
Fundraising Expenses $134,406
Program Expenses $2,695,018
Other Expenses $714,396
TOTAL EXPENSES $3,051,557

Year-over-Year Comparison

2024 2023 Change
Revenue $2,763,819 $2,594,318 +0.1%
Expenses $3,051,557 $3,138,032 0.0%
Net Income $-287,738 $-543,714 -0.5%
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
15
Independent Members
15
Employees
15
Volunteers
N/A

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
1
$369,949
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GABRIELE DELMONACO PRESIDENT/CE 50.00
Officer
$329,583 $40,366 $369,949
CLARA CHAHWAN V.P. OF OPER 40.00
Highest
$138,750 $6,172 $144,922
ADRIANNA STOIBER DIRECTOR OF 40.00
Highest
$113,333 $13,173 $126,506
STEPHEN BELLINI TREASURER 1.00
Director
$0 $0 $0
KATE BULLIS BOARD MEMBER 0.50
Director
$0 $0 $0
GUY CHIARELLO BOARD MEMBER 0.50
Director
$0 $0 $0
PHILIP GUARNIERI BOARD MEMBER 0.50
Director
$0 $0 $0
ROBERT IOMMAZZO CHAIRMAN 1.00
Director
$0 $0 $0
JEANINE T MARGIANO SECRETARY 1.00
Director
$0 $0 $0
LAWRENCE NIBBI BOARD MEMBER 0.50
Director
$0 $0 $0
ROY VAN PELT BOARD MEMBER 0.50
Director
$0 $0 $0
GABRIELA PERA PISCOPO BOARD MEMBER 0.50
Director
$0 $0 $0
EMILIE PUZIO BOARD MEMBER 0.50
Director
$0 $0 $0
MARK QUATTROCCHI BOARD MEMBER 0.50
Director
$0 $0 $0
MAURO C ROMITA VICE CHAIR 1.00
Director
$0 $0 $0
SRII SRINIVASAN BOARD MEMBER 0.50
Director
$0 $0 $0
TIMOTHY TYNAN BOARD MEMBER 0.50
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
2025 No data No data No data No data
2024 $2,763,819 $3,051,557 $3,051,951 $-287,738
2024 $2,763,819 $3,051,557 $3,051,951 $-287,738
2023 $2,594,318 $3,138,032 $3,197,508 $-543,714
2022 $3,523,023 $4,067,095 $3,545,881 $-544,072
2021 $3,872,259 $2,862,023 $4,708,344 $1,010,236
2020 $2,174,908 $2,102,544 $4,139,076 $72,364
2019 $2,499,116 $2,902,873 $3,306,821 $-403,757
2018 $2,217,374 $1,903,585 $3,272,794 $313,789
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