The Thomas Matthew Miloscia Foundation Inc

Nonprofit profile at a glance

EIN
811835042
IRS 990-EZ coverage
2019–2024
Forms available
Form 990-EZ 2024, Form 990-N 2016
Location
Port Jefferson, NY, USA
Phone
6317439555
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Public Foundations
Affiliation
Christianity

Reported finances

Revenue
$17,089
Expenses
$18,953
Assets
$61,257

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • AGATA GAJEWSKI-SATHI (President)
  • JENNIFER ALICANDRI (Vice President)

People named in this filing

  • AGATA GAJEWSKI-SATHI (President)
  • AUDRA BERROYER (Treasurer)
  • CHRISTINE MILOSCIA (Director)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purposes of the thomas matthew miloscia foundation, inc.(the corporation)are to support catholic secondary education by providing funding for chaminade high school in mineola, ny, in such amounts and at such times as the corporation's board of directors in its sole discretion may determine, for the purpose of awarding scholarships to students in need, in memory of thomas matthew miloscia. "thomas"-a former chaminade high school student who embodied the values of kindness and generosity, and to promote and support not-for-profit organizations, especially those from which thomas benefitted during his fight with cancer, by rendering financial assistance to any corporation, foundation, agency institution or other entity (including, without limitation, any hospital or university)that is organized and operated exclusively for, and devoted to the realization of charitable, scientific or educational purposes, and that is exempt from taxation under section 501(c)(3)of the internal revenue cod

What it reported doing in 2024

During 2024, the foundation developed criteria for providing modest direct grants for cancer support to families in need, the total was $16,010.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 90
  • Transparency & Controls: 82
  • Sustainability: 43
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 93.7%; rating input score 94
  • Program expense ratio: 84.5%; rating input score 84

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -10.9%; rating input score 30; 30th percentile among comparable filings
  • Total-asset coverage ratio: 3.23; rating input score 76; 76th 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: -28.5% per year; rating input score 0; 14th percentile among comparable filings
  • Revenue growth: 2.4% per year; rating input score 100; 62nd percentile among comparable filings
  • Asset growth: 28% per year; rating input score 100; 90th percentile among comparable filings

Details

  • Where the money goes: 93.7% of revenue deployed · 84.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $16K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2019 to 2024
  • 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.

  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 30/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.