Overview
What is Catholic Community Foundation Of Long Island Inc?
The Catholic Community Foundation of Long Island is an independent nonprofit organization, governed by its members. Their primary mission is to foster philanthropy, channeling resources towards the enrichment of the Catholic Church's vibrant ministries across Long Island and beyond. Although no programs were implemented during the 2019 fiscal year, the foundation continues its dedication to this cause.
Official website here: www.ccfliny.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 48% (Zero-Star out of Four Star rating)
The Catholic Community Foundation of Long Island Inc has received a low rating of 48%, primarily due to its performance in the Accountability & Finance category. The organization has a fully independent board, which is a positive indicator of governance, holding 100% independent members. Additionally, it has been noted for its transparency in financial statements and the absence of asset diversion.
However, there are significant limitations affecting its rating. The foundation has not established crucial policies such as a whistleblower policy and a document retention policy, both of which are essential for fostering accountability. Furthermore, its liabilities to assets ratio is concerning at 100.49%, coupled with a program expense ratio of 0.00%, suggesting that the organization may not be effectively utilizing its resources towards programmatic efforts.
Overall, while the foundation demonstrates strong governance characteristics, the lack of key policies and the poor financial management indicated by the ratios raise red flags for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Catholic Community Foundation Of Long Island Inc legitimate?
Catholic Community Foundation Of Long Island Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Catholic Community Foundation Of Long Island Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Official website here: www.ccfliny.org
What is the mission statement of Catholic Community Foundation Of Long Island Inc?
The Catholic Community Foundation of Long Island is committed to raising philanthropic funds for the Catholic Church's vibrant ministries beyond Long Island. This independent organization, overseen by its members, aims to support these ministries by generating resources during their fiscal year. Notably, during the fiscal year ending on August 31, 2019, they did not implement any programs.
Official website here: www.ccfliny.org
Who is the CEO of Catholic Community Foundation Of Long Island Inc?
Alfonso Martinez-Fontz is the Treasurer of Catholic Community Foundation Of Long Island Inc.
Official website here: www.ccfliny.org
What is the revenue of Catholic Community Foundation Of Long Island Inc?
Catholic Community Foundation Of Long Island Inc's revenue in 2021 was $182,240.
Official website here: www.ccfliny.org
Who are the executives of Catholic Community Foundation Of Long Island Inc and what are their salaries?
Here are 8 key members and their salaries:
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Official website here: www.ccfliny.org
Where can I find the form 990EZ for Catholic Community Foundation Of Long Island Inc?
Catholic Community Foundation Of Long Island Inc's most recent form 990EZ was submitted in 2021 and can be accessed here.
Official website here: www.ccfliny.org
Learn more at the official website: www.ccfliny.org
Mission Statement of Catholic Community Foundation Of Long Island Inc
Catholic Community Foundation of Long Island is an independent organization committed to raising philanthropic funds for the Catholic Church's vibrant ministries, both on Long Island and beyond. Overseeing this foundation are its members. In the fiscal year concluding on August 31, 2019, the foundation did not implement any programs.
The primary mission of Catholic Community Foundation of Long Island is to serve as a catalyst for philanthropy within the Catholic Church. By mobilizing resources, the foundation aims to support the various charitable initiatives and programs undertaken by the Church. The members who govern this foundation play a crucial role in directing these funds towards areas of greatest need. In the absence of program implementation data for the 2019 fiscal year, it is unclear how the foundation has been channeling its resources to support Catholic Church ministries. However, the foundation's dedication to this mission remains evident.
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Impact
October, 2024
Catholic Community Foundation of Long Island Inc plays a vital role in supporting the Catholic Church's ministries through the generation of philanthropic resources. By mobilizing financial support, it enhances the Church's ability to offer various services and programs on Long Island and beyond. This foundation acts as a steward for donations, ensuring that funds are directed toward impactful initiatives that align with the Church's mission. Although there were no specific programs implemented during the fiscal year ending August 31, 2019, the ongoing commitment to fundraising and resource allocation indicates a pledge to foster community engagement and spiritual growth. Through its efforts, the foundation strengthens the Church’s presence and capabilities, allowing it to address the needs of the community effectively.
This information is meant to be a general summary of Catholic Community Foundation Of Long Island Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Gross Receipts: $182,240
Assets and Liabilities:
- Total Assets: $8,516
- Total Liabilities: $150,000
- Net Assets: -$141,484
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Organization Details
Phone
(516) 934-0113Principal Officer
Alfonso Martinez-Fontz
Main Address
128 Cherry Lane, Hicksville, NY, 11801
Website
www.ccfliny.orgNTEE Category
Code: X12 - Religion related
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