LIVEFORTHOMAS Foundation Inc

EIN: 845060876 501(c)(3) Mental Health

NORTH EAST, MD

Total Revenue
$801,263
Total Expenses
$462,026
Total Assets
$413,976
Net Assets
$354,018
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
MD
Principal Officer
DR AMY OCASIO
Phone
4432039468
Tax Period
2024-01-01 to 2024-12-31

LIVEFORTHOMAS Foundation Inc, founded in 2020, is a small nonprofit in the Mental Health sector that reported $801K in total revenue in fiscal year 2024. The organization ran a surplus of $339K, a strong 42% operating margin.

Mission

THE LIVEFORTHOMAS FOUNDATION WAS ESTABLISHED IN MEMORY OF THOMAS OCASIO III WHO TOOK HIS LIFE ON JULY 28, 2019, AT THE AGE OF 16 AFTER LOSING HIS BATTLE WITH DEPRESSION. THE FOUNDATION ADVOCATES FOR SUICIDE PREVENTION AND MENTHAL HEALTH AWARENESS.

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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 $445,357
Program Service Revenue $354,705
Investment Income $0
Other Revenue $1,201
TOTAL REVENUE $801,263

Expense Breakdown

Grants Paid $23,096
Salaries & Benefits $229,706
Fundraising Expenses $87,164
Program Expenses $306,162
Other Expenses $209,224
TOTAL EXPENSES $462,026

Year-over-Year Comparison

2024 2023 Change
Revenue $801,263 N/A N/A
Expenses $462,026 N/A N/A
Net Income $339,237 N/A 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

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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
7
Independent Members
4
Employees
10
Volunteers
20

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
3
$117,692
Total Directors
7
$117,692
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR AMY OCASIO President 40.00
Officer Director
$55,385 $0 $55,385
MICHAELA OCASIO Vice President 40.00
Officer Director
$41,538 $0 $41,538
APRIL MAENNER Treasurer 40.00
Officer Director
$20,769 $0 $20,769
HOLLY MEADOR Secretary 1.00
Director
$0 $0 $0
ANGELINA BATTAGLIA Director 1.00
Director
$0 $0 $0
CHRISTINA DIAMONTE-MOCK Director 1.00
Director
$0 $0 $0
TEDDY JOHNSON Director 1.00
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 $801,263 $462,026 $413,976 $339,237
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