Hicksville, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Catholic Community Foundation of Long Island Inc, founded in 2016, is a small nonprofit in the Religion sector that reported $679K in total revenue in fiscal year 2020. Revenue surged 287% from the prior year, signaling strong growth momentum. Expenses of $1.8M exceeded revenue, resulting in a 171% operating deficit.
THE CATHOLIC COMMUNITY FOUNDATION OF LONG ISLAND IS COMMITTED TO GENERATING SIGNIFICANT PHILANTHROPIC RESOURCES TO SUPPORT THE MANY DYNAMIC MINISTRIES OF THE CATHOLIC CHURCH ON LONG ISLAND AND BEYOND. THIS INDEPENDNET FOUNDATION IS GOVERNED BY MEMBERS OF THE LAITY AND IS DEDICATED TO ASSURING THAT THE MINISTRIES OF THE CHURCH ON LONG ISLAND HAVE THE RESOURCES NEEDED TO ASSURE THAT THEIR WORK CONTINUES AND FLOURISHES. THE FOUNDATION WILL SEEK TO SUPPORT THE MINISTRIES SO THAT THEY MAY CONTINUE TO SERVE THE PEOPLE OF LONG ISLAND AND SUSTAIN THEIR POSITIVE IMPACT ON THE LONG ISLAND COMMUNITY AND BEYOND.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2020 | 2019 | Change | |
|---|---|---|---|
| Revenue | $678,830 | $175,495 | +2.9% |
| Expenses | $1,840,612 | $843,860 | +1.2% |
| Net Income | $-1,161,782 | $-668,365 | +0.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Mark Ackerman | President & CEO | 40.00 |
Officer
|
$642,000 | $55,067 | $697,067 |
| Elise Pallotta | Development Dir | 40.00 |
Officer
|
$365,000 | $11,740 | $376,740 |
| Michael Maturo | Chairman | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Brian T Shea | Vice Chairman | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Alfonso Martinez-Fontz | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Claudio Del Vecchio | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Robert Alexander | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Most Reverend John O Barres | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Richard Conniff | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Joseph Tantillo | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2020 | $678,830 | $1,840,612 | $2,746,014 | $-1,161,782 |
| 2019 | $262,538 | $1,386,590 | $2,857,678 | $-1,124,052 |
| 2018 | $3,028,002 | $87,453 | $2,955,555 | $2,940,549 |
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