Liabilities / Assets
86th percentile
Higher debt load relative to assets than 86% of similar nonprofits.
The Verrazano Foundation
990EZ • Fiscal year 2014 • EIN 01-0729147
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.39x
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on this filing.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
5th percentile
Faster asset growth than 5% of similar nonprofits.
Revenue Growth
1st percentile
Faster revenue growth than 1% of similar nonprofits.
Balance Sheet
Assets
Down$6,724
Down $14,743 (-69%) from 2013
Net Assets
Down$4,084
Down $13,395 (-77%) from 2013
Liabilities
Down$2,640
Down $1,348 (-34%) from 2013
Revenue And Expenses
Revenue
Down$0
Down $6,331 (-100%) from 2013
Expenses
Down$13,395
Down $1,876 (-12%) from 2013
Net Income
Down-$13,395
Down $4,455 (-50%) from 2013
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2013 to Jun 30, 2014
- Signed
- Nov 14, 2014
- Return Version
- 2013v3.1
Mission and Program Overview
Mission
To advance the process of recovery from mental illness by strengthening the involvement of consumers and their families in the planning and delivery of services, by reducing stigma, and by increasing participation of persons with mental illness in the normal activites of life.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| TO ADVANCE THE PROCESS OF RECOVERY FROM MENTAL ILLNESS BY PROMOTING THE WELFARE OF THE MENTALLY ILL AND BY INCREASING PARTICIPATION OF THESE INDIVIDUALS IN THE NORMAL ACTIVITIES OF LIFE. | $11,895 | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| KENNETH BYALIN | President | FT | $10,000 | - | $10,000 |
| DORIS SCHUELER | Vice President | - | $0 | - | - |
| FRANCISCO LUGOVINA | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- EIN
- 01-0729147
- Phone
- 3475814147
Signing Officer
- Name
- Kenneth Byalin
- Title
- President
- Signed
- 2014-11-14
- Discuss with paid preparer
- Yes
Preparer
- Preparer
- Ross Wisdom CPA
- Phone
- 2129860892
Supplemental Narrative
Additional Explanations
Client Note 1
“Client Note 1 - FUNDRAISING EXPENSES: ALL FUNDRAISING ACTIVITIES WERE PERFORMED BY VOLUNTEERS.”
Other Expenses.1008
“Interest $75”
Other Expenses.1
“SALES TAX PAID $547”
Other Expenses.2
“MISC. EXPENSES $344”
Other Assets.1003
“Machinery and Equipment - Beginning $290 Machinery and Equipment - Ending $290”
Total Liabilities.1001
“Accounts Payable and Accrued Expenses - Beginning $3700 Accounts Payable and Accrued Expenses - Ending $2640”
Total Liabilities.1
“Sales tax payable - Beginning $288 Sales tax payable - Ending $0”
Raw XML Appendix150 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | KENNETH BYALIN |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7186672832 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1 | 0 | 777 SEAVIEW AVENUE STATEN ISLAND NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/City | 0 | STATEN ISLAND |
| IRS990EZ/BooksInCareOfDetail/USAddress/State | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode | 0 | 103053436 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 21177 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 6434 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -13395 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 2429 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form720FiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 21467 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 6724 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 17479 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 4084 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 17479 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 4084 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 10000 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | KENNETH BYALIN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | DORIS SCHUELER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | FRANCISCO LUGOVINA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Vice President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Director |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationFiled990TInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 290 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 290 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 966 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO ADVANCE THE PROCESS OF RECOVERY FROM MENTAL ILLNESS BY STRENGTHENING THE INVOLVEMENT OF CONSUMERS AND THEIR FAMILIES IN THE PLANNING AND DELIVERY OF SERVICES, BY REDUCING STIGMA, AND BY INCREASING PARTICIPATION OF PERSONS WITH MENTAL ILLNESS IN THE NORMAL ACTIVITES OF LIFE. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | TO ADVANCE THE PROCESS OF RECOVERY FROM MENTAL ILLNESS BY PROMOTING THE WELFARE OF THE MENTALLY ILL AND BY INCREASING PARTICIPATION OF THESE INDIVIDUALS IN THE NORMAL ACTIVITIES OF LIFE. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 11895 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/RelatedOrgSect527OrgInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 10000 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 3988 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 2640 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 13395 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 11895 |
| IRS990EZ/TotalRevenueAmt | 0 | 0 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | www.verrazanofoundation.org |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/First5Years509Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 5080 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 20961 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 35656 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 61697 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 18302 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 750 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 205 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 19257 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 23707 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 23707 |
| IRS990ScheduleA/Post1975UBTIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 80954 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 23382 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 21711 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 35861 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 80954 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 23382 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 45418 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 35861 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 104661 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Client Note 1 - FUNDRAISING EXPENSES: ALL FUNDRAISING ACTIVITIES WERE PERFORMED BY VOLUNTEERS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Interest $75 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | SALES TAX PAID $547 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | MISC. EXPENSES $344 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Machinery and Equipment - Beginning $290 Machinery and Equipment - Ending $290 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Accounts Payable and Accrued Expenses - Beginning $3700 Accounts Payable and Accrued Expenses - Ending $2640 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Sales tax payable - Beginning $288 Sales tax payable - Ending $0 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Client Note 1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1008 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Assets.1003 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Total Liabilities.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Total Liabilities.1 |
| ReturnHeader/BuildTS | 0 | 2015-11-30 17:44:51Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | KENNETH BYALIN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2014-11-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1 | 0 | THE VERRAZANO FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | VERR |
| ReturnHeader/Filer/EIN | 0 | 010729147 |
| ReturnHeader/Filer/PhoneNum | 0 | 3475814147 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | 337 BEMENT AVE |
| ReturnHeader/Filer/USAddress/City | 0 | STATEN ISLAND |
| ReturnHeader/Filer/USAddress/State | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 10310 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1 | 0 | Kimerling & Wisdom LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1 | 0 | 150 Broadway Suite 1105 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City | 0 | New York |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode | 0 | 10038 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2129860892 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Ross Wisdom CPA |
| ReturnHeader/ReturnTs | 0 | 2014-11-14T10:53:26-08:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2013-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2014-06-30 |
| ReturnHeader/TaxYr | 0 | 2013 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $6,724
- Liabilities
- $2,640
- Net assets
- $4,084
- Revenue
- $0
- Expenses
- $13,395
- Net income
- -$13,395