Thomas C Konchalski Foundation Inc

Nonprofit profile at a glance

EIN
872148255
IRS 990-EZ coverage
2021–2024
Forms available
Form 990-EZ 2024
Location
New York, NY, USA
Phone
7182071511
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Basketball

Reported finances

Revenue
$66,787
Expenses
$51,686
Assets
$39,128

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

Leadership & pay

11 people listed

Executive titles in this filing

  • JOSEPH DUNLEAVY (VICE-PRESIDENT)
  • STEPHEN KONCHALSKI (PRESIDENT)

People named in this filing

  • JOHN COMAN (SECRETARY)
  • JOSEPH DUNLEAVY (VICE-PRESIDENT)
  • PETER GOYCO (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 Foundation is dedicated to raising Funds to provide need-based scholarships and financial assistance to students/athletes who embrace the values of Thomas Konchalski.

What it reported doing in 2024

The Foundation provides need-based scholarships andfinancial assistance to students/athletes from funds contributed by donors at fund-raising events.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 73% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 52
  • Transparency & Controls: 100
  • Sustainability: 54
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 46.9%; rating input score 47
  • Program expense ratio: 60.5%; rating input score 61

Transparency & Controls

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

Sustainability

  • Operating margin: 22.6%; rating input score 76; 76th percentile among comparable filings
  • Total-asset coverage ratio: 0.76; rating input score 39; 39th 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: 23.1% per year; rating input score 100; 84th percentile among comparable filings
  • Revenue growth: -2.7% per year; rating input score 0; 41st percentile among comparable filings
  • Asset growth: -15.4% per year; rating input score 0; 13th percentile among comparable filings

Details

  • Where the money goes: 46.9% of revenue deployed · 60.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $31K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2021 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 47/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.