BILLY ESPOSITO FOUNDATION INC
2352 LEGION ST
% CRAIG ESPOSITO
BELLMORE , NY 11710
Mission and Programs
Mission
DEDICATED TO PROVIDING BEREAVEMENT OPPORTUNITIES & EDUCATIONAL OPPORTUNITIES FOR CHILDREN WHO HAVE LOST A PARENT AND THEREFORE HAVE LOST THE ABILITY TO AFFORD QUALITY EDUCATION. ASSISTANCE IS GIVEN TO CANDIDATES FROM THE PRE-SCHOOL TO GRADUATE LEVEL OF EDUCATION IN THE FORM OF SCHOLARSHIPS BASED ON AN APPLICATION AND A NEED FOR FINANCIAL AID. A NEW BEREAVEMENT PROGRAM BGAN IN THE FIRST QUARTER OF 2008 PROVIDING NON-CLINICAL BEREAVEMENT COUNSELING TO CHILDREN AND THEIR LOVED ONES.
Programs
DEDICATED TO PROVIDING BEREAVEMENT OPPORTUNITIES & EDUCATIONAL OPPORTUNITIES FOR CHILDREN WHO HAVE LOST A PARENT AND THEREFORE HAVE LOST THE ABILITY TO AFFORD QUALITY EDUCATION. ASSISTANCE IS GIVEN TO CANDIDATES FROM THE PRE-SCHOOL TO GRADUATE LEVEL OF EDUCATION IN THE FORM OF SCHOLARSHIPS BASED ON AN APPLICATION AND A NEED FOR FINANCIAL AID. A NEW BEREAVEMENT PROGRAM BGAN IN THE FIRST QUARTER OF 2008 PROVIDING NON-CLINICAL BEREAVEMENT COUNSELING TO CHILDREN AND THEIR LOVED ONES.
Program / Activities (NTEE Code)
Scholarships, Student Financial Aid, Awards
Financial Data
From the organization's FORM 990
Revenue and Expenses: Fiscal Year Ending December 31, 2007
|
Revenue |
|
Expenses |
|
Contributions |
$0 |
|
Government Grants |
$0 |
|
Program Services |
$0 |
|
Investments |
$0 |
|
Special Events |
$0 |
|
Sales |
$0 |
|
Other |
$0 |
|
|
|
Program Services |
$164,114 |
|
Administration |
$25,011 |
|
Other |
$111,811 |
|
Total Expenditures |
$300,936
|
|
|
Total Revenue |
$370,453 |
|
NET GAIN/LOSS |
$0 |
|
|
Balance
Sheet: Fiscal Year Ending December 31, 2007
Notes
The
balance sheet gives a snapshot of the financial health of an organization
at a particular point in time. An organization's total assets should
generally exceed its total liabilities, or it cannot long survive,
but the types of assets and liabilities also must be considered.
For instance, an organization's current assets (cash, receivables,
securities, etc.) should be sufficient to cover its current liabilities
(payables, deferred revenue, current year loan and note payments).
Otherwise, the organization may face solvency problems. On the other
hand, an organization whose cash and equivalents greatly exceed
its current liabilities might not be putting its money to best use.
|
Assets |
Jan 1, 2007 |
Dec 31, 2007 |
Change |
| Cash
& Equivalent |
$212,364 |
$255,546 |
$43,182 |
| Accounts
Receivable |
$0 |
$0 |
$0 |
| Pledges
& Grants Receivable |
$0 |
$0 |
$0 |
| Receivables/Other |
$0 |
$0 |
$0 |
| Inventories
for Sale or Use |
$0 |
$0 |
$0 |
| Investments/Securities |
$0 |
$0 |
$0 |
| Investments/Other |
$0 |
$0 |
$0 |
| Fixed
Assets |
$0 |
$0 |
$0 |
| Other |
$0 |
$0 |
$0 |
| Total
Assets |
$246,380 |
$337,214 |
$90,834 |
| |
|
|
|
|
Liabilities |
Jan 1, 2007 |
Dec 31, 2007 |
Change |
| Accounts
Payable |
$0 |
$0 |
$0 |
| Grants
Payable |
$0 |
$0 |
$0 |
| Deferred
Revenue |
$0 |
$0 |
$0 |
| Loans
and Notes |
$0 |
$0 |
$0 |
| Tax-Exempt
Bond Liabilities |
$0 |
$0 |
$0 |
| Other |
$0 |
$0 |
$0 |
| Total
Liabilities |
$10,567 |
$31,884 |
$21,317 |
| |
| FUND BALANCE |
$0 |
$0 |
$0 |
|
| |
Basic Information
|
|
|
This organization is required to file an IRS Form 990 or 990-EZ.
|
EIN: |
27-0013948 |
Fiscal
Year: |
2008
|
Assets:
|
$137,317
|
Income:
|
$283,007
|
|
Ruling Year:
|
2003
|
|
|
Board of Directors
|
|
SUSAN ESPOSITO-LOMBARDO, PRESIDENT
HOWARD MELTZER, TREASURER
JENNIFER NYP, SECRETARY
GLEN ALBANESE, CHAIRMAN
|
|
| |
|
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