Liabilities / Assets
40th percentile
Higher debt load relative to assets than 40% of similar nonprofits.
EIN 85-2626981 • 501(c)3 • Hartsdale, NY
Profile
The Foundation seeks to promote the orthodox, Magisterial Catholic faith and tradition through formation activities, tools, and materials that edify; to evangelize through film, art, architecture, and archaeology; to deepen appreciation of Catholic history through religious pilgrimages to, and restoration and preservation of, churches, shrines, and other religious sites worldwide that have spiritual, historical, architectural, and/or artistic significance; to engage in projects that manifest principles of solidarity, charity to the poor, and Catholic Social Teaching; to support related activities of Catholic dioceses, religious orders, ministries, apostolates, and other religious entities with similar visions and goals; and to promote devotion to Saint Angelo DAcri.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
40th percentile
Higher debt load relative to assets than 40% of similar nonprofits.
Liabilities / Revenue
37th percentile
Higher debt load relative to revenue than 37% of similar nonprofits.
Net Margin
76th percentile
Higher net margin than 76% of similar nonprofits.
Top Officer Pay
97th percentile
Higher top officer pay than 97% of similar nonprofits.
Top officer pay equals 13.5% of source-year revenue.
Asset Growth
91st percentile
Faster asset growth than 91% of similar nonprofits.
Revenue Growth
88th percentile
Faster revenue growth than 88% of similar nonprofits.
Assets
Up$1,476,448
Up $705,522 (+92%) from 2023
Liabilities
Up$6,213
Up $6,213 from 2023
Net Assets
Up$1,470,235
Up $699,309 (+91%) from 2023
Revenue
Up$1,778,915
Up $789,908 (+80%) from 2023
Expenses
Up$1,079,606
Up $832,651 (+337%) from 2023
Net Income
Down$699,309
Down $42,743 (-5.8%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
The Foundation seeks to promote the orthodox, Magisterial Catholic faith and tradition through formation activities, tools, and materials that edify; to evangelize through film, art, architecture, and archaeology; to deepen appreciation of Catholic history through religious pilgrimages to, and restoration and preservation of, churches, shrines, and other religious sites worldwide that have spiritual, historical, architectural, and/or artistic significance; to engage in projects that manifest principles of solidarity, charity to the poor, and Catholic Social Teaching; to support related activities of Catholic dioceses, religious orders, ministries, apostolates, and other religious entities with similar visions and goals; and to promote devotion to Saint Angelo DAcri.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $770,926 | $1,060,882 | ▲ $289,956 |
| Savings and Temporary Cash Investments | - | $415,566 | - |
| 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 | - |
| Land, Buildings, and Equipment, Net | - | $0 | - |
| Intangible Assets | - | $0 | - |
| Inventories for Sale or Use | - | $0 | - |
| Prepaid Expenses and Deferred Charges | - | $0 | - |
| Total Assets | $770,926 | $1,476,448 | ▲ $705,522 |
| Other Assets Total | - | $0 | - |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | - | $6,213 | - |
| Total Liabilities | $0 | $6,213 | ▲ $6,213 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $500,000 | $1,417,827 | ▲ $917,827 |
| Net Assets Without Donor Restrictions | $270,926 | $52,408 | ▼ $218,518 |
| Total Net Assets Fund Balance | $770,926 | $1,470,235 | ▲ $699,309 |
| Total Liabilities and Net Assets / Fund Balance | $770,926 | $1,476,448 | ▲ $705,522 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Alessandro Crocco | President | FT | $240,000 | $240,000 |
| Colin Howell | Employee | FT | $240,000 | $240,000 |
| Name | Title |
|---|---|
| Salvatore Femia | Chairman |
| Joseph T Lucia | Director |
| Giovanni Loria | Secretary |
| Sarina Russel | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $569,800 |
| Salaries, Compensation, and Employee Benefits | $509,806 |
| Total Fundraising Expense | $43,072 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Other | $339,642 | $3,716 | - | $343,358 |
| Current Officers, Directors, Trustees, and Key Employees | $204,000 | $24,000 | $12,000 | $240,000 |
| Other Salaries and Wages | $115,529 | $13,592 | $6,795 | $135,916 |
| Payroll Taxes | $113,807 | $13,389 | $6,694 | $133,890 |
| Fees for Services Legal | - | $80,170 | - | $80,170 |
| Travel | $50,239 | $5,910 | $2,955 | $59,104 |
| Occupancy | $15,440 | $813 | - | $16,253 |
| Office Expenses | $9,500 | $1,118 | $559 | $11,177 |
| Advertising | $5,604 | $659 | $330 | $6,593 |
| All Other Expenses | $1,160 | $1,363 | $54 | $2,577 |
| Insurance | $1,821 | $202 | - | $2,023 |
| Other Expenses | $1,164 | $3,875 | $13,685 | $1,164 |
| Total Functional Expenses | $887,727 | $148,807 | $43,072 | $1,079,606 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $1,079,606 |
| Total Expenses per Audited Statements | $1,079,606 |
| Total Expenses per Form 990 | $1,079,606 |
| Region | Activity | Services | Offices | Employees | Spending |
|---|---|---|---|---|---|
| Italy | Contractors, Legal, and Suppli | To Manage the Restoration of T | 0 | 1 | $423,529 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| 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.”
“The Organization is exempt from federal income tax under Section 501(c) (3) and classified by the Internal Revenue Service as other than a private foundation. Although it is subject to tax on income unrelated to its exempt purpose, unless that income is otherwise excluded by the code. The Organization has processes presently in place to ensure the maintenance of its tax-exempt status: to identify and report unrelatedincome: to determine its filing and tax obligations in jurisdictions for which it has nexus: and to identify and evaluate other matters that may be considered tax positions. The Organization has determined that thereare no material uncertain tax positions that require recognition or Disclosure in the financial statements”
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/AccountsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | The Foundation seeks to promote the orthodox, Magisterial Catholic faith and tradition through formation activities, tools, and materials that edify; to evangelize through film, art, architecture, and archaeology; to deepen appreciation of Catholic history through religious pilgrimages to, and restoration and preservation of, churches, shrines, and other religious sites worldwide that have spiritual, historical, architectural, and/or artistic significance; to engage in projects that manifest principles of solidarity, charity to the poor, and Catholic Social Teaching; to support related activities of Catholic dioceses, religious orders, ministries, apostolates, and other religious entities with similar visions and goals; and to promote devotion to Saint Angelo DAcri. |
| IRS990/AdvertisingGrp/FundraisingAmt | 0 | 330 |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 659 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 5604 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 6593 |
| IRS990/AllOtherContributionsAmt | 0 | 1763349 |
| IRS990/AllOtherExpensesGrp/FundraisingAmt | 0 | 54 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 1363 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 1160 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 2577 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
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| IRS990/BooksInCareOfDetail/PersonNm | 0 | ALESSANDRO CROCCO |
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| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 1060882 |
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| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 24000 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 204000 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 240000 |
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| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
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| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
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| IRS990/CYContributionsGrantsAmt | 0 | 1763349 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
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| IRS990/CYOtherExpensesAmt | 0 | 569800 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
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| IRS990/CYRevenuesLessExpensesAmt | 0 | 699309 |
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| IRS990/CYTotalExpensesAmt | 0 | 1079606 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 43072 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1778915 |
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| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 0 |
| IRS990/Desc | 0 | Hortus Foundation is a registered 501(c)3 US nonprofit that champions and stewards life-transforming Catholic initiatives through Faith, Truth, and Beauty according to the incomparably rich tradition of the Catholic Church. Hortus is Latin meaning garden and is often specifically associated with a garden that bears fruit. It is the root of English words today like horticulture, cohort, and court. Our logo is a tree in a garden deeply rooted to bear much fruit and to herald the Catholic Faith in the world today. We herald the Catholic Faith by projects and initiatives that will:a) Promote the Orthodox Magisterial tradition through formation activities, tools, and materials that edify.b) Invest in Catholic cultural projects that range from film, art, architecture, archeology, and history.c) Engage in projects of Catholic principles of Solidarity, Charity to the poor, and the Social Teachings of the Catholic Church.d)Select projects following the above criteria that command a wide-reaching impact and will bear much fruit in the world.e) Partner with other great organizations that share our organizational values and mission. |
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| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 500000 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 1417827 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 2 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 887727 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
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| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 80170 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 80170 |
| IRS990/FeesForServicesLobbyingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 0 |
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| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 339642 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 343358 |
| IRS990/FeesForServicesProfFundraising/TotalAmt | 0 | 0 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignActivitiesInd | 0 | true |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignGrantsGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | true |
| IRS990/Form1098CFiledInd | 0 | false |
| IRS990/Form8282FiledCnt | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 40.00 |
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| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
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| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | ALESSANDRO CROCCO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | COLIN HOWELL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | JOSEPH T LUCIA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | GIOVANNI LORIA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | SARINA RUSSEL |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | EMPLOYEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Director |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Chairman |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 2020 |
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| IRS990/GoverningBodyVotingMembersCnt | 0 | 5 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 0 |
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| IRS990/GrantsToIndividualsInd | 0 | false |
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| IRS990/GrossReceiptsAmt | 0 | 1778915 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
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| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 2 |
| IRS990/IndoorTanningServicesInd | 0 | false |
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| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 1821 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 2023 |
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| IRS990/IRPDocumentCnt | 0 | 2 |
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| IRS990/MissionDesc | 0 | The Foundation seeks to promote the orthodox, Magisterial Catholic faith and tradition through formation activities, tools, and materials that edify; to evangelize through film, art, architecture, and archaeology; to deepen appreciation of Catholic history through religious pilgrimages to, and restoration and preservation of, churches, shrines, and other religious sites worldwide that have spiritual, historical, architectural, and/or artistic significance; to engage in projects that manifest principles of solidarity, charity to the poor, and Catholic Social Teaching; to support related activities of Catholic dioceses, religious orders, ministries, apostolates, and other religious entities with similar visions and goals; and to promote devotion to Saint Angelo DAcri. |
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| IRS990/OccupancyGrp/TotalAmt | 0 | 16253 |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 559 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 1118 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 9500 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 11177 |
| IRS990/OfficerMailingAddressInd | 0 | false |
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| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | PROJECT RELATED PURCHASES |
| IRS990/OtherExpensesGrp/Desc | 1 | EVENT COSTS |
| IRS990/OtherExpensesGrp/Desc | 2 | MEMBERSHIP DUES |
| IRS990/OtherExpensesGrp/Desc | 3 | medical |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 13685 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 3875 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 29821 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 1164 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 29821 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 13685 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 3875 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 1164 |
| IRS990/OtherRevenueTotalAmt | 0 | 0 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 6795 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 13592 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 115529 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 135916 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 0 |
| IRS990/PartialLiquidationInd | 0 | false |
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| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 6694 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 13389 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 113807 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 133890 |
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| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 1500 |
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| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.00000 |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
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| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | The Organization is exempt from federal income tax under Section 501(c) (3) and classified by the Internal Revenue Service as other than a private foundation. Although it is subject to tax on income unrelated to its exempt purpose, unless that income is otherwise excluded by the code. The Organization has processes presently in place to ensure the maintenance of its tax-exempt status: to identify and report unrelatedincome: to determine its filing and tax obligations in jurisdictions for which it has nexus: and to identify and evaluate other matters that may be considered tax positions. The Organization has determined that thereare no material uncertain tax positions that require recognition or Disclosure in the financial statements |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part X : FIN48 Footnote |
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| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt | 0 | ITALY |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt | 0 | TO MANAGE THE RESTORATION OF T |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt | 0 | CONTRACTORS, LEGAL, AND SUPPLI |
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| IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt | 0 | ACCRUAL |
| IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt | 1 | IN THE YEAR ENDED 12/31/24 THE ORGANIZATION EXPENDED 405,063 ON EXPENSES OUTSIDE THE UNITED STATES FOR THE CURRENT YEAR ENDED. THIS INCLUDED:405,063 SPENT IN ITALYTHESE EXPENSES WERE ALL SPENT IN ORDER TO ASSIST IN A CURRENT PROJECT THE AGENCY IS COMPLETING TO MANAGE THE RESTORATION OF THE BASILICA DI CAN CLEMENTE IN ROME, ITALY. $35,600 OF THESE FUNDS WERE FOR LEGAL COSTS RELATED TO THE PROJECT. $337,025 WERE FOR CONTRACTORS AND SURVEYORS FOR THE PROJECT. $29,821 WERE FOR PROJECT RELATED PURCHASES. REMAINING COSTS INCLUDE SECURTY ALARMS, AND OTHER PROJECT RELATED SERVICES. |
| IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part I, Line 3f - Method of Accounting |
| IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Part I, Line 3f - Investments and Expenditures |
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| 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 |
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