Gilbert Rivera Charitable Foundation EIN 77-0700480

Gilbert Rivera Charitable Foundation FY2021 filing

Not yet claimed Claim this org →

Funds charitable, scientific, and educational causes directly or by supporting other authorized organizations. For fiscal year 2021 it reported $135K in revenue, $79K in expenses, and $197K in net assets.Pt I

Founded
2007
Type
Public charity (501(c)(3)) · Human Services
Location
Brooklyn, NY
Website
www.gilriverafoundation.org
Filings
5 on file (2020–2021)
Revenue
$135KFY2021
Expenses
$79K
Net assets
$197K
People
5
Filings
5
Updates
0
More identity details & actions ⌄
EIN  77-0700480 Public charity (501(c)(3)) Brooklyn, NY Founded 2007
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Gilbert Rivera Charitable Foundation claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Funds charitable, scientific, and educational causes directly or by supporting other authorized organizations.
Leadership
Thomas Hussey · Trustee
Money in and out
$135K revenue, $79K expenses
Bottom line
90% program efficiency
Where the money goes · FY2021
Total revenue
$135K
Pt VIII · Ln 12
Total expenses
$79K
Pt IX · Ln 25
Net assets
$197K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $56K
Where spending went · Part IX cols B–D
Program services $0.90 Management & general $0.10
Program efficiency
90%
of spending reaches programs
Operating runway
30.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
+42%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$135K
FY2021▲ +614%
Expenses
$79K
FY2021▼ -21%
Total assets
$197K
FY2021▲ +40%
Total liabilities
$0
FY2021
Total revenue
$135K
Pt VIII · Ln 12
Total expenses
$79K
Pt IX · Ln 25
Net assets
$197K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$56K
Total assetsPt X · Ln 16$197K
Program-expense ratioPt IX · col B90%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2020.
01

Contributions made exclusively for charitable, scientific, or educational purposes either directly or by contributions to organizations duly authorized to carry on charitable, scientific or educational activities; I.E. Community, youth and educational programs.

Pt IX · col B

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGilbert Rivera Charitable Foundation
EINHdr · item D77-0700480
Principal addressHdr · item CBrooklyn, NY
WebsiteHdr · item Jwww.gilriverafoundation.org
Year of formationHdr · item L2007
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P12)
Ruling yearIRS BMFNov 2008

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Gilbert Rivera Charitable Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Contributions & grants100%$135K
Total revenueLn 12$135K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.90 Management & general $0.10
Program services90%$71K
Management & general10%$8K
Total functional expensesLn 25$79K

Balance Sheet

Part X · end of year
CashLn 1$197K
Total assetsLn 16$197K
Total liabilitiesLn 26$0
Total net assetsLn 32$197K
Months of cash on handcomputed30.1

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $197K · Operating expenses/yr $79K
30.1 months
Where the money goes
Program services
Program services $71K · Total expenses $79K
90%
Management & General
Management & general $8K · Total expenses $79K
10%
Fundraising
Fundraising $0 · Total expenses $79K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $77K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $135K · Total revenue $135K
100%
Government reliance
Government grants — · Total revenue $135K
Earned-income share
Program service revenue $0 · Total revenue $135K
0%
Investment reliance
Investment income $0 · Total revenue $135K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $79K
0%
Growth & trend
Revenue growth (YoY)
This year $135K · Prior year $19K
Prior-year revenue below floor — showing dollar change
Net-asset trend (YoY)
End of year $197K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $135K · Expenses $79K
+42%
Liabilities-to-Assets
Total liabilities — · Total assets $197K
Net-asset ratio
Net assets $197K · Total assets $197K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $197K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Thomas Hussey · Reported title TRUSTEE · Highest reported compensation $0 · Total expenses $79K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $79K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 90%
Overhead ratio 10%
Fundraising cost ratio 0%
Revenue growth 614%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$6K
Grants paid · 24 grants · $584K · 2019–2024
Compassion Coalition INCNY · FY2024$20,000
Leukemia & Lymphoma SocietyNY · FY2024$10,000
Facade Foundation INCNY · FY2024$10,000
Compassion Coalition INCNY · FY2023$18,000
Maimonides Medical Center-NY · FY2023$12,500
Maimonides Medical Center-NY · FY2022$55,000
Saint Stanislaus Koska CatholicFY2022$10,000
Brooklyn USA Sports Assn INCNY · FY2022$10,000
Maimonides Medical Center-NY · FY2021$52,500
See all 24 grants →

Similar Organizations

Closest in mission — by what they do
See all organizations like Gilbert Rivera Charitable Foundation →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$166K revenue · ⤓ 990 PDF
FY2023$172K revenue · ⤓ 990 PDF
FY2022$177K revenue · ⤓ 990 PDF
FY2021$135K revenue · viewing · ⤓ 990 PDF
FY2020$19K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.