HOWARD BEACH COLUMBUS DAY FOUNDATION INC

EIN: 204279881 501(c)(3) Recreation & Sports

OZONE PARK, NY

Total Revenue
$500
Total Expenses
$200
Total Assets
$935
Net Assets
$935
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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
2007
Legal Domicile
NY
Principal Officer
Angelo Gurino
Phone
3478295101
Tax Period
2019-01-01 to 2019-12-31

HOWARD BEACH COLUMBUS DAY FOUNDATION INC, founded in 2007, is a micro nonprofit in the Recreation & Sports sector that reported $500 in total revenue in fiscal year 2019. Revenue decreased 17% compared to the prior year. The organization ran a surplus of $300, a strong 60% operating margin.

Mission

To raise funds from various community events such as dinner dances, parades and holiday lightings and to use the funds raised to provide money for hospitals and scholarships for underprivileged children.

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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 (2019)

Revenue Breakdown

Contributions & Grants $500
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $500

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $200
TOTAL EXPENSES $200

Year-over-Year Comparison

2019 2018 Change
Revenue $500 $605 -0.2%
Expenses $200 $300 -0.3%
Net Income $300 $305 0.0%
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
4
Independent Members
N/A
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mario Faulisi President 0.00
Officer
$0 $0 $0
Grace Faulisi Vice President 0.00
Officer
$0 $0 $0
Ann Marie Gurino Secretary 0.00
Officer
$0 $0 $0
Angelo Gurino Treasurer 0.00
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
2019 $500 $200 $935 $300
2018 $605 $300 $635 $305
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