THE BROADVIEW CARES FOUNDATION INC

EIN: 141776369 501(c)(3) Philanthropy & Grantmaking

ALBANY, NY

Total Revenue
$678,909
Total Expenses
$589,306
Total Assets
$517,686
Net Assets
$500,620
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
NY
Principal Officer
KATHERINE LANNI
Phone
5184528234
Tax Period
2024-01-01 to 2024-12-31

THE BROADVIEW CARES FOUNDATION INC, founded in 1995, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $679K in total revenue in fiscal year 2024. Expenses of $589K left a modest 13% surplus.

Mission

TO ENRICH COMMUNITY LIFE IN THE REGION BY PROVIDING OPPORTUNITIES TO HELP THE PUBLIC REACH THEIR FULLEST POTENTIAL, ACCOMPLISTED BY SUPPORTING LOCAL NONPROFITS' PROJECTS AND SPECIAL EVENTS THAT DIRECTLY BENEFIT THOSE WITH PHYSICAL, EMOTIONAL AND FINANCIAL NEEDS.

Program Service Accomplishments

Program 1
Expenses: $20,051

ROOM RENOVATIONS - THE FOUNDATION RENOVATES ROOMS IN THE FACILITIES OF NONPROFIT ORGANIZATIONS THAT BENEFIT CHILDREN IN NEED.

Program 2
Expenses: $257,245

GRANTS GIVEN TO CHARITABLE ORGANIZATIONS - THE FOUNDATION GIVES GRANTS TO LOCAL AREA 501(C)(3) CHARITABLE ORGANIZATIONS TO BENEFIT LOCAL AREA ADULTS AND CHILDREN WITH PHYSICAL, EMOTIONAL AND...

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GRANTS GIVEN TO CHARITABLE ORGANIZATIONS - THE FOUNDATION GIVES GRANTS TO LOCAL AREA 501(C)(3) CHARITABLE ORGANIZATIONS TO BENEFIT LOCAL AREA ADULTS AND CHILDREN WITH PHYSICAL, EMOTIONAL AND FINANCIAL NEEDS.

Program 3
Expenses: $309,661

HOLIDAY SHARE - DURING THE HOLIDAYS, THE FOUNDATION RECEIVES WISH LISTS FOR FAMILIES IN NEED FROM LOCAL 501(C)(3) CHARITABLE ORGANIZATIONS AND SOCIAL SERVICE OFFICES. FOUNDATION VOLUNTEERS SHOP...

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HOLIDAY SHARE - DURING THE HOLIDAYS, THE FOUNDATION RECEIVES WISH LISTS FOR FAMILIES IN NEED FROM LOCAL 501(C)(3) CHARITABLE ORGANIZATIONS AND SOCIAL SERVICE OFFICES. FOUNDATION VOLUNTEERS SHOP (WITHIN AN APPROVED BUDGET) FOR THESE FAMILIES AND PROVIDE THEM WITH THE ITEMS ON THEIR WISH LISTS. THE FOUNDATION ALSO PROVIDES WINTER COATS, HATS, GLOVES AND SCARVES TO LOCAL 501(C)(3) CHARITABLE ORGANIZATIONS TO DISTRIBUTE TO FAMILIES IN NEED. IN 2024 NINETY-FIVE ORGANIZATIONS WERE PROVIDED ITEMS, WHICH BENEFITED 5,000 INDIVIDUALS IN THE CAPITAL REGION. THE FOUNDATION ALSO PROVIDED WINTER COATS, HATS, GLOVES, AND BLANKETS TO LOCAL IRC SEC. 501(C)(3) ORGANIZATIONS.

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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 $652,584
Program Service Revenue $0
Investment Income $9,623
Other Revenue $16,702
TOTAL REVENUE $678,909

Expense Breakdown

Grants Paid $557,208
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $586,957
Other Expenses $32,098
TOTAL EXPENSES $589,306

Year-over-Year Comparison

2024 2023 Change
Revenue $678,909 $673,002 +0.0%
Expenses $589,306 $928,844 -0.4%
Net Income $89,603 $-255,842 -1.4%
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

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Governance

Voting Members
3
Independent Members
1
Employees
N/A
Volunteers
491

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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID JURCZYNSKI BOARD MEMBER 4.00
Director
$0 $0 $0
KATHERINE LANNI CHAIR 12.00
Officer Director
$0 $0 $0
GAETANO SPATAFORA TREASURER 12.00
Officer 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
2024 $678,909 $589,306 $517,686 $89,603
2023 $673,002 $928,844 $432,135 $-255,842
2022 $552,839 $742,434 $544,442 $-189,595
2021 $484,264 $585,936 $696,599 $-101,672
2020 $880,592 $592,691 $853,867 $287,901
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