St Joseph the Worker Ltd FY2021 filing

Cohoes, NYUnknown exempt organization EIN 14-1814068Revenue $33K in FY2021Latest return filed Feb 23, 2023

On file with the IRSCohoes, NY

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The organization was formed to assist the poor, needy, and elderly.

100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

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FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2022
latest Form 990
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 3
filings with a surplus
Average deficit $991K a year · 2475% of revenue · last 3 filings
Concern: a surplus in 0 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
1 mo
of spending, in cash
Fine: 1.3 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$33K
-63% vs prior year
Spent
$2.6M
To programs
100%
Net assets
$292K
By yearFY2020–FY2022
Revenue
$33K
FY2021▼ -63%
Tap a bar for its year
Revenue by fiscal year
FY2020$87K
FY2021$33K
FY2022$89
Expenses
$2.6M
FY2021▲ ×18
Tap a bar for its year
Expenses by fiscal year
FY2020$151K
FY2021$2.6M
FY2022$292K
Net assets
$292K
FY2021▼ -90%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.9M
FY2021$292K
FY2022$0

From the FY2021 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2022) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $2.6M

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See St Joseph the Worker Ltd executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Helps the poor, needy, and elderly.

Questions for St Joseph the Worker Ltd

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3 programs · $2.6M · in their own filed words · FY2021
01

Construction was completed on a care center for special needs children and young ADULTS.THE facility has been donated to the municipality of citluk.

$1.4Mprogram expense
02

The organization donated to little sister of the poor $1,000,000 and donated to home for elderly in ljuski, BOSNIA/HERZEGOVINA $46,419.

$1.0Mprogram expense
03

On a daily basis, assistance is given to the poor and needy in the form of food, clothing, shelter, medical needs and basic survival needs--help is provided for those who are on the social services list as well as to any and all individuals who are struggling to survive--daily trips are made to these people in the foothills and…

$188Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 2 grants · $70K · 2022–2022

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$33K
Ln 12
Gifts and grantsLn 1h$31K
Investment incomeLn 3$2K
Money outPt IX
$2.6M
Ln 25
Programscol B$2.6M
Owns and owesPt X
$292K
net assets · Ln 32
Cash and savingsLn 1–2$292K
Total assetsLn 16$292K
LiabilitiesLn 26$0
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$31K
Investment incomeLn 3$2K
Total revenueLn 12$33K
Assets in detailPt X, end of year
CashLn 1$157K
SavingsLn 2$135K
Cash and savings togetherLn 1–2$292K
Total assetsLn 16$292K
LiabilitiesLn 26$0
Net assetsLn 32$292K
OperationsPt I, VI
EmployeesI 50
VolunteersI 620
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$1.7M$292K
Total assetsLn 16$2.9M$292K
LiabilitiesLn 26$0$0
Net assetsLn 32$2.9M$292K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants and assistance to foreign recipientsLn 3$2.5M$2.5M
Accounting feesLn 11c$450$450
Office expensesLn 13$431$431
OccupancyLn 16$9K$9K
TravelLn 17$3K$3K
Other expenses (24a–d)Ln 24$107K$107K
All other expensesLn 24e$260$260
Total functional expensesLn 25$2.6M$2.6M$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 LatestFiled with the IRS Feb 23, 2023 $89$292K−$292K$0 990 PDF
FY2021 ViewingFiled with the IRS Mar 28, 2022 $33K$2.6M−$2.6M$292K 990 PDF
FY2020Filed with the IRS Aug 9, 2021 $87K$151K−$64K$2.9M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants F · Foreign O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $32,521 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $75,333$30,903
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $12,121$1,618
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $87,454$32,521
I-13 Grants and similar amounts paidPrior year $68,216$2,528,438
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $82,872$120,278
I-18 Total expensesPrior year $151,088$2,648,716
I-19 Revenue less expensesPrior year −$63,634−$2,616,195
Part VI · Governance 3 of 3 board members independent, 3 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $32,521 across 4 lines filed
VIII-1f All other contributions, gifts and grants$30,903
VIII-1h Total contributions, gifts and grants$30,903
VIII-3 Investment incomeExcluded from tax $1,618$1,618
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $1,618$32,521
Part IX · Statement of functional expenses $2,648,716 across 7 lines filed
IX-3 Grants and assistance to foreign recipientsPrograms $2,528,438$2,528,438
IX-11c Accounting feesPrograms $450$450
IX-13 Office expensesPrograms $431$431
IX-16 OccupancyPrograms $9,379$9,379
IX-17 TravelPrograms $2,741$2,741
IX-24 Other expenses (24a–d)Programs $107,017$107,017
IX-24e All other expensesPrograms $260$260
IX-25 Total functional expensesPrograms $2,648,716 · Management $0 · Fundraising $0$2,648,716
Part X · Balance sheet $292,273 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $390,789$157,468
X-2 Savings and temporary cash investmentsStart of year $1,300,193$134,805
X-16 Total assetsStart of year $2,908,095$292,273
X-26 Total liabilitiesStart of year $0$0
X-29 Capital stock or trust principalStart of year $0$0
X-30 Paid-in or capital surplusStart of year $0$0
X-31 Retained earnings or endowmentStart of year $2,908,095$292,273
X-32 Total net assets or fund balancesStart of year $2,908,095$292,273
X-33 Total liabilities and net assetsStart of year $2,908,095$292,273
Part XI · Reconciliation of net assets $292,273 net assets at year end
XI-1 Total revenue$32,521
XI-2 Total expenses$2,648,716
XI-3 Revenue less expenses−$2,616,195
XI-4 Net assets at start of year$2,908,095
XI-9 Other changes in net assets$373
XI-10 Net assets at end of year$292,273

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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