Philanthropy & Grantmaking
(T30)
IRS Verified
DX Registered
990 on File
TOMORROWS HOPE FOUNDATION II INC
Financial strength (30%)
75/100
Reliability (20%)
45/100
Effectiveness (25%)
81/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
To ensure excellence as well as the continuance of Catholic schools on Long Island, by increasing awareness and by providing scholarships and program funding for the needs of students and schools.
Financial Overview — FY 2023
$3.7M
Total Revenue
$3.8M
Total Expenses
$1.7M
Net Assets
6
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
79.6%
Fundraising Efficiency
252.4%
Operating Reserve
5.49x
Liability-to-Asset
47.4%
Revenue Diversification
103.1%
Executive Compensation
$202K
Compared with Peers
FY 2023
Compared with 7,741 similar organizations
(United States, Philanthropy & Grantmaking, $1M–$10M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
79.6% | 91.8% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
10.6% | 8.1% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
9.7% | 1.9% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
252.4% | 145.3% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
5.5 mo | 80.2 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
47.4% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
103.1% | 90.3% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
0.0% | 3.2% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-15.7% | 6.5% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-2.2% | -4.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $3.7M | $3.8M | $1.7M | 79.6% | 6 |
| 2022 | $3.7M | $4.5M | $1.1M | 81.4% | 6 |
| 2021 | $8.7M | $4.0M | N/A | — | 6 |
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