To support the catholic educational activities on long island through scholarships and funding to catholic schools on long island, and to encourage a renewed commitment to such schools.

501(c)(3) charity; gifts are tax-deductible.
76¢ of each $1 spent went to programs.
Run by 67 volunteers and 6 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $388K a year · 10% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
76%
of spending
Looks good: 76% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$297K
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
3 mo
of spending, in cash
Plus $1.2M in investments, Pt X · Ln 11–13
Looks good: 3.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
9
named funders · $416K
Looks good: 9 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$1.6M
37% of total assets
Looks good: liabilities are 37% of assets; 50% or less.
Pt X · Ln 26
Independent board members
42
of 42 voting members
Looks good: 42 of 42 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.9M
+34% vs prior year
Spent
$4.0M
To programs
76%
Net assets
$2.7M
By yearFY2020–FY2024
Revenue
$4.9M
FY2024▲ +34%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.3M
FY2021$4.3M
FY2022$3.7M
FY2023$3.7M
FY2024$4.9M
Expenses
$4.0M
FY2024▲ +6%
Tap a bar for its year
Expenses by fiscal year
FY2020$840K
FY2021$4.0M
FY2022$4.5M
FY2023$3.8M
FY2024$4.0M
Net assets
$2.7M
FY2024▲ +58%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.5M
FY2021$1.9M
FY2022$1.1M
FY2023$1.7M
FY2024$2.7M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 2020.

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

Where the money goes

76 cents of each dollar spent went to programs.

Program services 76% · $3.0M Management & general 11% · $426K Fundraising 13% · $529K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

44 people listed on the 990; $297K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$189,812Pt VII · Sec A
SR Dir of Ops & Advancement
$107,640Pt VII · Sec A
Vice Chairman/Treasurer
$0Pt VII · Sec A
Vice Chairman/Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Ismini Scouras’s $190K as Executive Director is at the 79th percentile of top reported officer pay among 1690 $1–10M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
Ismini Scouras$189,812$182,130$180,501$96,970
Meaghan Kelly$107,640———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Tomorrows Hope Foundation II INC executive salaries →

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Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides scholarships and program funding to Catholic schools on Long Island to support local Catholic education and encourage community commitment.

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Provided by the organization

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2 programs · $3.0M · in their own filed words · FY2024
01

To support the catholic educational activities on long island through scholarships and to encourage a renewed commitment to such schools.

$3.0Mprogram expense
02

To support the catholic educational activities on long island through program funding to catholic schools on long island, and to encourage a renewed commitment to such schools.

$46Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
See all 9 funders →
Grants paid · 181 grants · $11.9M · 2020–2024
St Martin De PorresFY2024$262,000
St Patrick SchoolFY2024$207,075
St Brigidour Lady of Hope Regional SchoolFY2024$115,255
Holy Name of Mary SchoolFY2024$95,600
St Joseph SchoolFY2024$94,750
Our Lady of Lourdes SchoolFY2024$94,600
St Mary SchoolFY2024$91,050
St Martin of Tours SchoolFY2024$84,636
Holy Angels Regional SchoolFY2024$79,600
St Patrick SchoolFY2024$66,950
St Agnes Cathedral SchoolFY2024$65,025
Our Lady Queen of Apostles Regional SchoolFY2024$62,770
St Elizabeth Ann Seton Regional SchoolFY2024$55,400
Our Lady of Victory SchoolFY2024$55,050
Our Lady of Peace SchoolFY2024$54,100
See all 181 grants →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$4.9M
Ln 12
Gifts and grantsLn 1h$4.9M
Investment incomeLn 3$87K
Money outPt IX
$4.0M
Ln 25
Programscol B$3.0M
Managementcol C$426K
Fundraisingcol D$529K
Owns and owesPt X
$2.7M
net assets · Ln 32
Cash and savingsLn 1–2$1.1M
Total assetsLn 16$4.3M
LiabilitiesLn 26$1.6M
PeoplePt VI, VII
44
listed · VII A
PaidVII A2
Voting boardVI 1a42
IndependentVI 1b42
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4.9M
Noncash giftsLn 1g$16K
Fundraising eventsLn 1c$1.5M
Investment incomeLn 3$87K
Gains on assetsLn 7$65K
Total revenueLn 12$4.9M
Assets in detailPt X, end of year
CashLn 1$1.1M
Cash and savings togetherLn 1–2$1.1M
InvestmentsLn 11–13$1.2M
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$152K
Total assetsLn 16$4.3M
LiabilitiesLn 26$1.6M
Net assetsLn 32$2.7M
OperationsPt I, VI
EmployeesI 56
VolunteersI 667
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$1.5M$1.1M
InvestmentsLn 11–13$1.0M$1.2M
Land, buildings, equipmentLn 10c$107K$0
Total assetsLn 16$3.3M$4.3M
LiabilitiesLn 26$1.6M$1.6M
Net assetsLn 32$1.7M$2.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$2.7M$2.7M
Pay of current officers, directors and key staffLn 5$210K$63K$32K$116K
Other salaries and wagesLn 7$370K$133K$170K$67K
Pension plan contributionsLn 8$30K$11K$15K$4K
Other employee benefitsLn 9$82K$28K$29K$25K
Payroll taxesLn 10$38K$13K$13K$12K
Legal feesLn 11b$15K$15K
Accounting feesLn 11c$77K$77K
Professional fundraising feesLn 11e$160K$160K
Investment management feesLn 11f$13K$13K
Other fees for servicesLn 11g$47K$5K$5K$36K
Office expensesLn 13$74K$680$3K$71K
Information technologyLn 14$39K$767$16K$22K
OccupancyLn 16$48K$16K$18K$14K
Depreciation, depletion and amortizationLn 22$107K$107K
InsuranceLn 23$11K$11K
Other expenses (24a–d)Ln 24$12K$10K$2K
Total functional expensesLn 25$4.0M$3.0M$426K$529K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $4.9M$4.0M$943K$2.7M 990 PDF
FY2023 $3.7M$3.8M−$83K$1.7M 990 PDF
FY2022 $3.7M$4.5M−$789K$1.1M 990 PDF
FY2021 $4.3M$4.0M$362K$1.9M 990 PDF
FY2020 $2.3M$840K$1.5M$1.5M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $4,946,845 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,812,075$4,930,841
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $3,325$87,122
I-11 Other revenuePrior year −$116,090−$71,118
I-12 Total revenuePrior year $3,699,310$4,946,845
I-13 Grants and similar amounts paidPrior year $2,528,146$2,670,636
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $701,344$730,241
I-16a Professional fundraising feesPrior year $0$160,000
I-17 Other expensesPrior year $552,595$442,933
I-18 Total expensesPrior year $3,782,085$4,003,810
I-19 Revenue less expensesPrior year −$82,775$943,035
Part VI · Governance 42 of 42 board members independent, 1 to look at
VI-1a Voting members of the governing body42
VI-1b Independent voting members42
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $4,946,845 across 8 lines filed
VIII-1c Fundraising events$1,506,362
VIII-1f All other contributions, gifts and grants$3,424,479
VIII-1g Noncash contributions (included above)$16,500
VIII-1h Total contributions, gifts and grants$4,930,841
VIII-3 Investment incomeExcluded from tax $21,842$21,842
VIII-7 Net gain or loss on sales of assetsExcluded from tax $65,280$65,280
VIII-8 Net income from fundraising eventsExcluded from tax −$71,118−$71,118
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $16,004$4,946,845
Part IX · Statement of functional expenses $4,003,810 across 17 lines filed
IX-1 Grants to domestic organizationsPrograms $2,670,636$2,670,636
IX-5 Pay of current officers, directors and key staffPrograms $63,130 · Management $31,565 · Fundraising $115,739$210,434
IX-7 Other salaries and wagesPrograms $133,434 · Management $169,660 · Fundraising $67,060$370,154
IX-8 Pension plan contributionsPrograms $11,063 · Management $14,860 · Fundraising $4,194$30,117
IX-9 Other employee benefitsPrograms $27,724 · Management $28,853 · Fundraising $24,969$81,546
IX-10 Payroll taxesPrograms $12,916 · Management $13,442 · Fundraising $11,632$37,990
IX-11b Legal feesManagement $15,058$15,058
IX-11c Accounting feesManagement $77,103$77,103
IX-11e Professional fundraising feesFundraising $160,000$160,000
IX-11f Investment management feesManagement $12,890$12,890
IX-11g Other fees for servicesPrograms $5,000 · Management $5,254 · Fundraising $36,365$46,619
IX-13 Office expensesPrograms $680 · Management $2,511 · Fundraising $71,173$74,364
IX-14 Information technologyPrograms $767 · Management $16,311 · Fundraising $21,906$38,984
IX-16 OccupancyPrograms $16,298 · Management $17,738 · Fundraising $13,901$47,937
IX-22 Depreciation, depletion and amortizationPrograms $107,214$107,214
IX-23 InsuranceManagement $10,791$10,791
IX-24 Other expenses (24a–d)Management $9,867 · Fundraising $2,106$11,973
IX-25 Total functional expensesPrograms $3,048,862 · Management $425,903 · Fundraising $529,045$4,003,810
Part X · Balance sheet $4,334,773 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $1,469,182$1,052,925
X-3 Pledges and grants receivableStart of year $433,115$1,909,151
X-9 Prepaid expenses and deferred chargesStart of year $50,342$16,593
X-10c Land, buildings and equipment, netStart of year $107,214$0
X-11 Publicly traded securitiesStart of year $1,040,185$1,203,676
X-15 Other assetsStart of year $193,056$152,428
X-16 Total assetsStart of year $3,293,094$4,334,773
X-17 Accounts payable and accrued expensesStart of year $105,240$70,179
X-25 Other liabilitiesStart of year $1,456,441$1,524,116
X-26 Total liabilitiesStart of year $1,561,681$1,594,295
X-27 Net assets without donor restrictionsStart of year −$333,878−$1,107,361
X-28 Net assets with donor restrictionsStart of year $2,065,291$3,847,839
X-32 Total net assets or fund balancesStart of year $1,731,413$2,740,478
X-33 Total liabilities and net assetsStart of year $3,293,094$4,334,773
Part XI · Reconciliation of net assets $2,740,478 net assets at year end
XI-1 Total revenue$4,946,845
XI-2 Total expenses$4,003,810
XI-3 Revenue less expenses$943,035
XI-4 Net assets at start of year$1,731,413
XI-5 Net unrealized gains (losses) on investments$66,030
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,740,478

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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