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MICHAEL P NOSCO FOUNDATION INC: Form 990EZ, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
MICHAEL P NOSCO FOUNDATION INC (EIN 45-3794018)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-03-24
IRS object ID
202540849349200004
Schema version
2024v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-03-24T10:08:33-04:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt
Return Type990EZReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN453794018EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MICHAEL P NOSCO FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% Jack NoscoInCareOfNm
Business Name ControlMICHBusinessNameControlTxt
Foreign Phone8054905669ForeignPhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13248 HANOVER CTAddressLine1Txt
CityNEWBURY PARKCityNm
State AbbreviationCAStateAbbreviationCd
ZIP913205428ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRobert LaRosaPersonNm
Person TitleTreasurerPersonTitleTxt
Signature2025-03-25SignatureDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Website Addressmikenosco.comWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$80,407GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$78,420ContributionsGiftsGrantsEtcAmt
Investment Income$2InvestmentIncomeAmt
Gain Or Loss From Sale Of Assets$0GainOrLossFromSaleOfAssetsAmt
Fundraising Gross Income$1,985FundraisingGrossIncomeAmt
Special Events Direct Expenses$0SpecialEventsDirectExpensesAmt
Special Events Net Income Loss$1,985SpecialEventsNetIncomeLossAmt
Gross Profit Loss Sls Of Invntry$0GrossProfitLossSlsOfInvntryAmt
Total Revenue$80,407TotalRevenueAmt
Grants And Similar Amounts Paid$66,907GrantsAndSimilarAmountsPaidAmt
Other Expenses Total$2,189OtherExpensesTotalAmt
Total Expenses$69,096TotalExpensesAmt
Excess Or Deficit For Year$11,311ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$27,510NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$38,821NetAssetsOrFundBalancesEOYAmt

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$27,510BOYAmt
EOY$38,821EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$27,510BOYAmt
EOY$38,821EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$27,510BOYAmt
EOY$38,821EOYAmt
FieldValueIRS element (for citing)
Primary Exempt PurposeProvide financial relief to families and or individuals who are confronting a life threatening illness in Southern CaliforniaPrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (3 entries)

Description Program Srvc AccomDescriptionProgramSrvcAccomTxtGrants And AllocationsGrantsAndAllocationsAmtProgram Service ExpensesProgramServiceExpensesAmt
Provided support to recipients suffering from cancer or other devastating illnesses. Based on the Applications received and compared to the need based criteria that the organization has in place we chose 2 recipients to receive grants.$61,407$61,407
College Scholarships were given through the local high school. During 2024 5 scholarships were granted some are ongoing$4,500$4,500
Donation to Scout Troop 730$1,000$1,000
FieldValueIRS element (for citing)
Total Program Service Expenses$66,907TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (6 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
Jack Nosco
President6$0$0$0
Ramona Evey
Secretary1$0$0$0
Robert LaRosa
Treasurer1$0$0$0
Bob Schultz
Boardmember0.5$0$0$0
Tom Kattus
Boardmember0.5$0$0$0
Guido Palermo
Boardmember2$0$0$0
FieldValueIRS element (for citing)
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not RptfalseChgMadeToOrgnzngDocNotRptInd
Organization Had UBIfalseOrganizationHadUBIInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Direct Indirect Pltcl Expend$0DirectIndirectPltclExpendAmt
Form1120 Pol FiledfalseForm1120PolFiledInd
Made Loans To From OfficersfalseMadeLoansToFromOfficersInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonRobert LaRosaPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1704 South Hanover AvenueAddressLine1Txt
CityThousand OaksCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91320ZIPCd
FieldValueIRS element (for citing)
Phone8054905669PhoneNum
FieldValueIRS element (for citing)
Foreign Financial AccountfalseForeignFinancialAccountInd
Foreign OfficefalseForeignOfficeInd
Donor Advised FndsfalseDonorAdvisedFndsInd
Operate HospitalfalseOperateHospitalInd
Tanning Services ProvidedfalseTanningServicesProvidedInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
School OperatingfalseSchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (true)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$65,119CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$108,181CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$172,303CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$146,809CurrentTaxYearMinus1YearAmt
Current Tax Year$78,420CurrentTaxYearAmt
Total$570,832TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$65,119CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$108,181CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$172,303CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$146,809CurrentTaxYearMinus1YearAmt
Current Tax Year$78,420CurrentTaxYearAmt
Total$570,832TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$570,832PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$31CurrentTaxYearMinus1YearAmt
Current Tax Year$2CurrentTaxYearAmt
Total$38TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt
FieldValueIRS element (for citing)
Total Support$570,870TotalSupportAmt
Public Support CY1700.9999PublicSupportCY170Pct
Public Support PY1700.9999PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part I, line 10| Grants And Similar Amounts Paid:, Amount:| College Scholarships - 5 Recipients, $4500| Donation to Scout Troop 730, $1000| Grants for People Suffering from Medical Hardships - 2 recipients, $61407|
Part I, line 16| Other Expenses:, Amount:| Website Services, $1389| Insurance, $309| Legal - Zoom, $249| Tax Prep, $167| Taxes & Fees, $75|

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