Form 990, Part VI, Section B, Line 11B
“No review was or will be conducted.”
Scores are not available for this record yet.
Assets
Down$87
Down $17,411 (-100%) from 2022
Net Assets
Down-$24,703
Down $24,117 (-4116%) from 2022
Liabilities
Up$24,790
Up $6,706 (+37%) from 2022
Revenue
Up$185,680
Up $45,864 (+33%) from 2022
Expenses
Up$209,797
Up $34,012 (+19%) from 2022
Net Income
Up-$24,117
Up $11,852 (+33%) from 2022
Fosters educational and intellectual advancement through a scholarship fund for deserving students. Promotes social responsibility through athlectics.
Fosters educational and intellectual advancement through a scholarship fund for deserving students. Promotes social responsibility through athletics.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Loans From Officers Directors | $18,084 | $17,502 | ▼ $582 |
| Cash and Non-Interest-Bearing Accounts | $17,248 | $0 | ▼ $17,248 |
| Land, Buildings, and Equipment, Net | $250 | $87 | ▼ $163 |
| Savings and Temporary Cash Investments | - | $0 | - |
| Accounts Receivable | - | $0 | - |
| Other Notes and Loans Receivable, Net | - | $0 | - |
| Pledges and Grants Receivable | - | $0 | - |
| Receivable From Disqualified Prsn | - | $0 | - |
| Receivables From Officers Etc | - | $0 | - |
| Investments Other Securities | - | $0 | - |
| Investments Program Related | - | $0 | - |
| Investments in Publicly Traded Securities | - | $0 | - |
| Intangible Assets | - | $0 | - |
| Inventories for Sale or Use | - | $0 | - |
| Prepaid Expenses and Deferred Charges | - | $0 | - |
| Total Assets | $17,498 | $87 | ▼ $17,411 |
| Other Assets Total | - | $0 | - |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | - | $7,288 | - |
| Total Liabilities | $18,084 | $24,790 | ▲ $6,706 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $-586 | $-24,703 | ▼ $24,117 |
| Total Net Assets Fund Balance | $-586 | $-24,703 | ▼ $24,117 |
| Total Liabilities and Net Assets / Fund Balance | $17,498 | $87 | ▼ $17,411 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $87 | $1,324 | - |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Teresa Sellitti-webb | Vice President | FT | $79,167 | $79,167 |
| Name | Title |
|---|---|
| Stephen Webb | President |
| Ralph Sellitti | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $99,097 |
| Salaries, Compensation, and Employee Benefits | $85,413 |
| Total Fundraising Expense | $60,113 |
| Professional Fundraising Fees | $14,984 |
| Grants and Similar Amounts Paid | $10,303 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | - | $39,583 | $39,584 | $79,167 |
| Conferences and Meetings | $42,946 | - | - | $42,946 |
| Fees for Services Other | $18,083 | - | - | $18,083 |
| Fees for Services Professional Fundraising | - | - | $14,984 | $14,984 |
| Grants to Domestic Orgs | $10,303 | - | - | $10,303 |
| Payroll Taxes | - | $3,123 | $3,123 | $6,246 |
| All Other Expenses | $668 | $4,443 | - | $5,111 |
| Advertising | $2,422 | - | $2,422 | $4,844 |
| Fees for Services Accounting | - | $3,500 | - | $3,500 |
| Other Expenses | - | $3,414 | - | $3,414 |
| Insurance | - | $1,965 | - | $1,965 |
| Travel | - | $408 | - | $408 |
| Depreciation Depletion | - | $163 | - | $163 |
| Total Functional Expenses | $74,422 | $75,262 | $60,113 | $209,797 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $14,984 |
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| Stephen Webb | President | Additional Loan | No | $1,247 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | $18,084 | $17,502 | ▼ $582 |
| Receivables from Disqualified Persons | - | $0 | - |
| Receivables from Officers, Directors, Trustees, and Key Employees | - | $0 | - |
“No review was or will be conducted.”
“No documents available to the public.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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|---|---|---|
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| IRS990/ActivityOrMissionDesc | 0 | FOSTERS EDUCATIONAL AND INTELLECTUAL ADVANCEMENT THROUGH A SCHOLARSHIP FUND FOR DESERVING STUDENTS. PROMOTES SOCIAL RESPONSIBILITY THROUGH ATHLETICS. |
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| IRS990/Desc | 0 | IN THE 2023-2024 SCHOOL YEAR, THE W20 FOUNDATION'S TEAM UP 4 COMMUNITY PROGRAM, WHICH FOSTERS SOCIAL RESPONSIBILITY IN YOUTH ATHLETES, RESULTED IN 193,154 HOURS OF COMMUNITY SERVICE WORK PERFORMED BY OVER 60,160 LONG ISLAND YOUTH ATHLETES. THE ATHLETES WERE INVOLVED IN 541 COMMUNITY SERVICE PROJECTS. THE DOLLARS RAISED FOR CHARITABLE CAUSES, COMBINES WITH THE FUNDS RAISED, REPRESENTS A SIGNIFICANT INVESTMENT RETURNED TO THEIR COMMUNITIES IS $1,632,151. ADDITIONALLY, THE TEAM UP 4 COMMUNITY PROGRAM NYSPHSAA COMMUNITY SERVICE CHALLENGE YIELDED A TOTAL OF 493 PROJECTS, 25,839 STUDENT-ATHLETES PARTICIPATING, 159,973 HOURS VOLUNTEERED AND $1,811,204 RAISED FOR CHARITABLE CAUSES BY NEW YORK STATE HIGH SCHOOL ATHLETES. THE TEAM UP 4 COMMUNITY PROGRAM'S MIAA COMMUNITY SERVICE CHALLENGE YIELDED A TOTAL OF 315 PROJECTS, 14,351 STUDENT-ATHLETES PARTICIPATING, 71,690 HOURS VOLUNTEERED AND $974,652 RAISED FOR CHARITABLE CAUSES BY MASSACHUSETTS HIGH SCHOOL ATHLETES. |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | Vice President |
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| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 185509 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 137261 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 175084 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 67256 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 168445 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 733555 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 185680 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 137316 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 175097 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 67284 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 168491 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 733868 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 87 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 1324 |
| IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt | 0 | 1411 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 87 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm | 0 | STEPHEN WEBB |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 0 | PRESIDENT |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 0 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt | 0 | 1247 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 0 | ADDITIONAL LOAN |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 0 | 17502 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 0 | true |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 0 | false |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 0 | TO MEET |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 0 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 0 | 19548 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm | 0 | STEPHEN WEBB |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 0 | PRESIDENT |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 0 | false |
| IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt | 0 | SCHEDULE L, PART II, LOANS TO AND FROM INTERESTED PERSONS:(A) NAME OF PERSON: STEPHEN WEBB(B) RELATIONSHIP WITH ORGANIZATION: pRESIDENT(C) PURPOSE OF LOAN: TO MEET EXPENSES OF THE FOUNDATION.(D) LOAN TO OR FROM ORGANIZATION? = TO(E) ORIGINAL PRINCIPAL AMOUNT $19,548(F) BALANCE DUE $17,502(G) LOAN IN DEFAULT? = NO(H) APPROVED BY BOARD OR COMMITTEE? = YES(I) WRITTEN AGREEMENT? = NOSCHEDULE L PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS:(A) NAME OF PERSON: STEPHEN WEBB(D) DESCRIPTION OF TRANSACTION: ADDITIONAL LOAN PAYABLE TO ORGANIZATION |
| IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Schedule L, Part V Supplemental Information |
| IRS990ScheduleL/TotalBalanceDueAmt | 0 | 17502 |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | No review was or will be conducted. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | No documents available to the public. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section B, Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section C, Line 19 |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | NY |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 17498 |
| IRS990/TotalAssetsEOYAmt | 0 | 87 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 17498 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 87 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 60113 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 75262 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 74422 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 209797 |
| IRS990/TotalGrossUBIAmt | 0 | 171 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 18084 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 24790 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 18084 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 24790 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | -586 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | -24703 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 74422 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 185509 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 79167 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 185509 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 185680 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 171 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 17498 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 87 |
| IRS990/TravelGrp/ManagementAndGeneralAmt | 0 | 408 |
| IRS990/TravelGrp/TotalAmt | 0 | 408 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 35 BLACKBERRY LANE |
| IRS990/USAddress/CityNm | 0 | CENTER MORICHES |
| IRS990/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990/USAddress/ZIPCd | 0 | 11934 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 3 |
| IRS990/VotingMembersIndependentCnt | 0 | 0 |
| IRS990/WebsiteAddressTxt | 0 | WWW.TEAMUP4COMMUNITY.ORG |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2024-10-15 13:58:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | STEPHEN WEBB |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-11-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | W20 FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | W20F |
| ReturnHeader/Filer/EIN | 0 | 208982966 |
| ReturnHeader/Filer/PhoneNum | 0 | 8662069168 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 35 BLACKBERRY LANE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | CENTER MORICHES |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 11934 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 842690934 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | ROSA & ASSOCIATES CPAs PLLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 333 Jericho Turnpike Suite 211 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Jericho |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 11753 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5169327757 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | RICHARD ROSA CPA |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
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Displayed year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.