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Nonprofit · EIN 92-0690091

JOSEPH LAROSA JR FOUNDATION INC

Tax-exempt · SETAUKET, NY 11733

Financials

$68K$30K2023$61K$41K2024
Revenue Expenses · by fiscal year end
Financials of JOSEPH LAROSA JR FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$61,388$41,429$19,959$73,193$0$73,193
December 31, 2023990-EZ$67,754$29,906$37,848$53,233–$53,233
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$61,387
Net income from fundraising events
$1

Expenses

Grants and similar amounts paid
$33,237
Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$2,588
Printing, publications and postage
$277
Other expenses
$5,327
Program services (functional)
$33,237

Balance sheet and other

Total assets, start of year
$53,234
Total assets, end of year
$73,193
Total liabilities, end of year
$0
Net assets, end of year
$73,193
Cash, savings and investments
$73,193
Gross receipts
$145,560

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JOSEPH LAROSAPRESIDENT10$0
GIANNA LAROSAVICE PRESIDENT10$0
KATHY SAVASTANOTREASURER10$0
DAVID PURDYDIRECTOR0$0
BRIAN MCGINLEYDIRECTOR0$0
RAY MCKENNADIRECTOR0$0
990-EZ for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
JOSEPH LAROSAPresident/DIREC10$0
GIANNA LAROSASecretary/VP10$0
KATHY SAVASTANOTreasurer10$0
DAVID PURDYDirector0$0
BRIAN MCGINLEYDirector0$0
RAY MCKENNADirector0$0

Address and contacts

Address (IRS master file)
PO BOX 2366, SETAUKET, NY 11733-0739
Signed the 990-EZ
JOSEPH LAROSA, PRESIDENT
Phone
(631) 921-5378
Return prepared by
FULLER LOWENBERG & CO CPAS PC

Mission

IN HONOR OF JOJO LA ROSA'S MEMORY, THE JOSEPH LAROSA JR FOUNDATION AKA "FOREVER JOJO STRONG", PROUDLY BESTOWS SCHOLARSHIPS TO STUDENT ATHLETES IN THE THREE VILLAGE COMMUNITY. OUR MISSION IS TO RAISE FUNDS, THROUGH DONATIONS, SO THAT WE MAY GIVE BACK TO THE YOUNG PEOPLE OF OUR COMMUNITY WHO EMBODY THE SAME QUALITIES AND CHARACTERISTICS OF JOJO BY PROVIDING SCHOLARSHIPS TO STUDENT ATHLETES WHO BEST EXEMPLIFY JOJO'S REMARKABLE AND TREMENDOUS TRAITS OF RESILIENCY, SENSE OF COMMUNITY AND POSITIVE ATTITUDE. THE RECIPIENTS OF THE SCHOLARSHIPS HAVE THE HIGHEST LEVEL OF DETERMINATION, GRIT AND PERSEVERANCE.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • THE CORPORATION RAISED MONEY FOR THE PURPOSE OF GIVING SCHOLARSHIPS TO STUDENT ATHELETES INTHE THREE VILLAGE COMMUNITY, THEREBY, GIVING BACK TO THE YOUNG PEOPLE WITHIN THE COMMUNITYWHO EMBODY THE SAME QUALITIES AND TRUE JOJO CHARACTERISTICS; DETERMINATION, HARD WORK,PRESERVERANCE AND UNWAVERING VALUES OF FAITH AND FAMILY, KEEPING HIS MEMORY ALIVE.
    Expenses $33,237

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
92-0690091
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$73,193
Income (IRS master file)
$145,560

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$61,388$41,429$73,193IRS
990-EZDecember 2023$67,754$29,906$53,233XML
990-EZDecember 2022–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 92-0690091).

Questions about JOSEPH LAROSA JR FOUNDATION INC

What is the EIN of JOSEPH LAROSA JR FOUNDATION INC?
The employer identification number (EIN) of JOSEPH LAROSA JR FOUNDATION INC is 92-0690091.
Is JOSEPH LAROSA JR FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to JOSEPH LAROSA JR FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does JOSEPH LAROSA JR FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of JOSEPH LAROSA JR FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did JOSEPH LAROSA JR FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of JOSEPH LAROSA JR FOUNDATION INC?
The 990-EZ for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does JOSEPH LAROSA JR FOUNDATION INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $61,388, expenses of $41,429 and total assets of $73,193 at year end.

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