CONTRACTORS FOR KIDS INC

EIN: 201189521 501(c)(3) Human Services

HOLBROOK, NY

Total Revenue
$176,836
Total Expenses
$202,813
Total Assets
$209,128
Net Assets
$188,193
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
NY
Principal Officer
LOUIS CASTRONOVA
Phone
8882085437
Tax Period
2023-01-01 to 2023-12-31

CONTRACTORS FOR KIDS INC, founded in 2005, is a small nonprofit in the Human Services sector that reported $177K in total revenue in fiscal year 2023. Revenue surged 89% from the prior year, signaling strong growth momentum. Expenses of $203K exceeded revenue, resulting in a 15% operating deficit.

Mission

OUR MISSION IS TO PROVIDE FINANCIAL ASSISTANCE TO FAMILIES IN OUR COMMUNITIES. OUR GOAL IS TO ASSIST CHILDREN AND THEIR FAMILIES OVERCOME OBSTACLES THAT HAVE UNFORTUNATELY CHANGED OR HAVE IMPACTED THEIR LIVES THROUGH SICKNESS OR INJURY OR DEATH OF A CHILD. WE ARE COMMITTED TO THIS CAUSE AND WANT TO GIVE HOPE AND REASSURANCE FOR THEIR FUTURES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $11,306
Program Service Revenue $0
Investment Income $2,426
Other Revenue $163,104
TOTAL REVENUE $176,836

Expense Breakdown

Grants Paid $163,105
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $163,105
Other Expenses $39,708
TOTAL EXPENSES $202,813

Year-over-Year Comparison

2023 2022 Change
Revenue $176,836 $93,357 +0.9%
Expenses $202,813 $172,556 +0.2%
Net Income $-25,977 $-79,199 -0.7%
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

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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
75

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
4
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID DURSO BOARD OF DIRECTOR 5.00
Director
$0 $0 $0
BRIAN MURPHY BOARD OF DIRECTOR 5.00
Director
$0 $0 $0
CHRIS OCCHIPINTI JR BOARD OF DIRECTOR 5.00
Director
$0 $0 $0
ERIC SEIGNEURAY BOARD OF DIRECTOR 5.00
Director
$0 $0 $0
JOE SERPE BOARD OF DIRECTOR 5.00
Director
$0 $0 $0
PATRICIA SNEDECOR BOARD OF DIRECTOR 5.00
Director
$0 $0 $0
DONNA WORSELL BOARD OF DIRECTOR 5.00
Director
$0 $0 $0
KATHERINE YAMAGUCHI BOARD OF DIRECTOR 5.00
Director
$0 $0 $0
LOUIS CASTRONOVA PRESIDENT 5.00
Officer
$0 $0 $0
ANTHONY DELORENZO VICE PRESIDENT 5.00
Officer
$0 $0 $0
STEPHEN EBINGER TREASURER 5.00
Officer
$0 $0 $0
PAM PALLESCHI SECRETARY 5.00
Officer
$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 No data No data No data No data
2023 $176,836 $202,813 $209,128 $-25,977
2022 $93,357 $172,556 $257,190 $-79,199
2021 $174,239 $140,111 $294,919 $34,128
2020 $104,810 $137,376 $262,688 $-32,566
2019 $270,326 $359,689 $291,806 $-89,363
2018 $264,944 $257,216 $385,869 $7,728
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