LONG ISLAND PROSPECTS INC

EIN: 201756053 501(c)(3)

CENTRAL ISLIP, NY

Total Revenue
N/A
Total Expenses
$2,335
Total Assets
N/A
Net Assets
N/A
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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
2004
Legal Domicile
NY
Principal Officer
JOSEPH MONGIELLO
Phone
5167178800
Tax Period
2018-01-01 to 2018-12-31

Mission

TO CREATE, FORM AND ESTABLISH A YOUTH BASEBALL TRAVEL TEAM CLUB; TO ENDEAVOR, STRIVE AND ATTEMPT TO INCULCATE IN YOUNG PEOPLE A SENSE OF RESPONSIBILITY TO THEMSELVES AND OTHERS; TO USE THE SPORT OF BASEBALL AS A MEDIUM TO DEVELOP AND IMPROVE THE SPIRITUAL, MENTAL, SOCIAL AND PHYSICAL CONDITIONS OF THE PARTIPANTS THERIN; TO IMPART A SENSE OF DISCIPLINE TO SUCH YOUNG PEOPLE THROUGH INSTRUCTION AND TRAINING IN THE SPORT OF BASEBALL.

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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 (2018)

Revenue Breakdown

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

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $883
Other Expenses $2,335
TOTAL EXPENSES $2,335

Year-over-Year Comparison

2018 2017 Change
Revenue N/A N/A N/A
Expenses $2,335 $2,421 0.0%
Net Income N/A $-2,421 N/A
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
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
2
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSPEH TAORMINA DIRCTOR N/A
Director
$0 $0 $0
JOSEPH MONGIELLO OFFICER N/A
Officer
$0 $0 $0
SHERRI MONGIELLO OFFICER N/A
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
2018 No data $2,335 No data No data
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