Friends and Angels the Tracy Vicere Foundation Inc

Nonprofit profile at a glance

EIN
452594680
IRS 990-EZ coverage
2012–2025
Forms available
Form 990-EZ 2025
Location
Wantagh, NY, USA
Phone
5162930571
Rating
59
Verdict
MIXED
Rating confidence
Moderate
Sector
Patient Services - Entertainment, Recreation

Official website

Reported finances

Revenue
$16,944
Expenses
$15,597
Assets
$12,640

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • TRACY VICERE (President)
  • CAROL VICERE (Vice President)

People named in this filing

  • TRACY VICERE (President)
  • CAROL VICERE (Vice President)
  • ROSA ALAIMO QUINN (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our mission is to give back to those who are struggling with cancer for purposes of improving the lives of those children with cancer. The foundation seeks to help spread some cheer and lighten stress within their lives by boosting spirits and helping to provide some level of normalcy during these difficult times. The foundation shall achieve this by doing the following activities: (i)Back-to-School support: The foundation will provide financial support to purchase and distribute basic back to school items such as book bags, note books, pens, pencils, clothing and other school supplies, (ii). Host Movie Nights: The foundation will host movie nights at the hospital by providing snacks and the movie. (iii).Host Book Parties: The foundation will host a book of the week or month club. The foundation would work with a local or online book store, local business, schools and/or purchase books from donations each week or month. We will provide a forum for the patients to discuss the book. (iv)

What it reported doing in 2025

The corporation raised money for the purpose of improving the lives of children with cancer. The corporation provided the financial support from direct donations and running successful fundraisers. The proceeds were used to purchase and support basic items such as toys, clothing, books, games and similar type items as well as organizing events at the hospital for the children remaining in the hospital.

Operating model

Revenue model
Donor-supported. 66% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 65% for direct work, and 35% for grants.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 43
  • Transparency & Controls: 82
  • Sustainability: 46
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 41.7%; rating input score 42
  • Program expense ratio: 45.3%; rating input score 45

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 7.9%; rating input score 58; 58th percentile among comparable filings
  • Total-asset coverage ratio: 0.81; rating input score 42; 42nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 6.2% per year; rating input score 100; 64th percentile among comparable filings
  • Revenue growth: -5.1% per year; rating input score 0; 34th percentile among comparable filings
  • Asset growth: -1.8% per year; rating input score 0; 32nd percentile among comparable filings

Details

  • Where the money goes: 41.7% of revenue deployed · 45.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $7K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 14 filing years from 2012 to 2025
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 42/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 45/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Operating margin scored 58/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.