MICHAEL R BERUBE FOUNDATION INC

EIN: 991060548 501(c)(3) Youth Development

LONG BEACH, NY

Total Revenue
$72,315
Total Expenses
$40,093
Total Assets
$85,354
Net Assets
$85,354
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2024
Legal Domicile
NY
Principal Officer
NEILA BERUBE
Phone
3478402490
Tax Period
2025-01-01 to 2025-12-31

MICHAEL R BERUBE FOUNDATION INC, founded in 2024, is a micro nonprofit in the Youth Development sector that reported $72K in total revenue in fiscal year 2025. Revenue decreased 7% compared to the prior year. The organization ran a surplus of $32K, a strong 45% operating margin.

Mission

TO PROVIDE SCHOLASTIC AND ATHLETIC SCHOLARSHIPS TO STUDENTS WITHIN THE LONG BEACH COMMUNITY, AND TO DEVELOP AND PROMOTE MENTAL HEALTH, SUICIDE PREVENTION EDUCATION AND ADVOCACY PROGRAMS

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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 (2025)

Revenue Breakdown

Contributions & Grants $31,375
Program Service Revenue $40,855
Investment Income $85
Other Revenue $0
TOTAL REVENUE $72,315

Expense Breakdown

Grants Paid $3,400
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $39,083
Other Expenses $36,693
TOTAL EXPENSES $40,093

Year-over-Year Comparison

2025 2024 Change
Revenue $72,315 $77,458 -0.1%
Expenses $40,093 $24,326 +0.6%
Net Income $32,222 $53,132 -0.4%
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
5
Independent Members
5
Employees
N/A
Volunteers
5

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
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NEILA BERUBE PRESIDENT 5.00
Officer Director
$0 $0 $0
SAIGE BERUBE TREASURER 1.00
Officer Director
$0 $0 $0
AARON WEISS VICE PRESIDE 1.00
Officer Director
$0 $0 $0
DAVID WEISS SECRETARY 1.00
Officer Director
$0 $0 $0
ELLEN WEISS 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
2025 $72,315 $40,093 $85,354 $32,222
2024 $77,458 $24,326 $53,132 $53,132
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