2023-10-20T08:23:35-05:00 2022-12-31 132709344 SHEEHAN & COMPANY CPA PC 165 ORINOCO DRIVE BRIGHTWATERS NY 11718 990 2022-01-01 061833489 QUALITAS OF LIFE FOUNDATION QUAL 6468852295 1221 AVENUE OF THE AMERICAS 43S093 NEW YORK NY 10020 LEIGH ROVZAR CHAIRPERSON 2127391661 2023-09-28 1 LEIGH ROVZAR 999009999 0 ANTHONY P MARIANI P00126083 6316657040 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z LEIGH ROVZAR 1221 AVENUE OF THE AMERICAS 43S093 NEW YORK NY 10020 471706 0 X WWW.QUALITASOFLIFE.ORG X 2007 NY QUALITAS OF LIFE FOUNDATION IS A NON-PROFIT ORGANIZATION THAT PROVIDES BASIC FINANCIAL EDUCATION TO HISPANIC INDIVIDUALS AND THEIR FAMILIES IN ORDER TO FOSTER THEIR FINANCIAL SECURITY AND IMPROVE THEIR STANDARD OF LIVING. 10 10 21 39 0 0 488173 470116 0 0 106 1590 0 0 488279 471706 90000 0 0 0 296492 258724 0 0 68444 177694 208033 564186 466757 -75907 4949 483767 490577 34202 21145 449565 469432 THE ORGANIZATION SERVES HISPANIC INDIVIDUALS BY PROVIDING INSTRUCTION ON PERSONAL FINANCES AND HOW TO ACCESS THE FINANCIAL SYSTEM. 0 0 282123 THE ORGANIZATION HELPS HISPANIC INDIVIDUALS AND FAMILIES IN PROVIDING INSTRUCTION AND EDUCATIONAL WORKSHOPS ON PERSONAL FINANCES AND HOW TO ACCESS DIFFERENT FINANCIAL INSTITUTIONS. THROUGH THESE WORKSHOPS, PARTICIPANTS ARE ABLE TO USE THE AVAILABLE RESOURCES TO IMPROVE THEIR PERSONAL FINANCES AND PROVIDE MORE OPPORTUNITIES FOR THEIR FAMILIES. WHAT MAKES THE PROGRAM UNIQUE IS THE WAY IN WHICH TRUST-BUILDING, SELF-EMPOWERMENT AND COMMUNITY-BUILDING ELEMENTS HAVE BEEN STRATEGICALLY EMBEDDED INTO THE CURRICULUM. THE MAIN OBJECTIVE OF THE ORGANIZATION IS FOR EACH STUDENT TO UNDERSTAND THEIR FINANCIAL SITUATION, ESTABLISH A CLEAR FINANCIAL GOAL AND ACQUIRE THE KNOWLEDGE AND DEVELOP THE SKILLS AND HABITS REQUIRED TO ACHIEVE IT. 282123 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 8 0 21 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 1 0 0 0 0 0 0 1 1 0 0 1 1 0 1 1 0 1 1 0 NY X X THE ORGANIZATION 6468852295 1221 AVENUE OF THE AMERICAS SUITE NEW YORK NY 10020 RUSSELL G BYRES JR DIRECTOR 0.25 X 0 0 0 GINA DIEZ BARROSO DE FRANKLIN DIRECTOR (THRU AUGUST 2022) 0.25 X 0 0 0 LEIGH ROVZAR CHAIRMAN 1.00 X X 0 0 0 GREGORIO SCHNEIDER TREASURER 0.25 X X 0 0 0 JORGE SUAREZ-VELEZ DIRECTOR 1.00 X 0 0 0 MIGUEL ZABLUDOVSKY DIRECTOR 0.25 X 0 0 0 IVANA ESTRADA SECRETARY 0.50 X X 0 0 0 JORGE KURI DIRECTOR 0.25 X 0 0 0 MARCELA ORVANANOS DIRECTOR 3.00 X 0 0 0 RYAN C GAUBERT DIRECTOR (FROM SEPTEMBER 2022) 0.25 X 0 0 0 REBECA ESPINOSA DIRECTOR (FROM NOVEMBER 2022) 0.25 X 0 0 0 MYRIAM E REBLING EXECUTIVE DIRECTOR 40.00 X 71482 0 0 71482 0 0 0 0 0 0 0 470116 470116 1590 1590 471706 0 0 1590 X 239800 175905 41668 22227 18924 13889 3281 1754 22489 22489 135267 72023 28446 34798 14 14 13236 13236 1548 1548 236 236 4660 3771 889 WORKSHOP EXPENSES 11310 11310 FUNDRAISING EXPENSES 9665 9665 PERMITS AND LICENSES 3239 3239 STAFF TRAINING 2714 2714 3655 438 3217 466757 282123 116190 68444 74607 156580 360798 279751 44591 46011 3771 5083 4893 1741 0 3152 483767 490577 34202 21145 34202 21145 X 449565 469432 449565 469432 483767 490577 4949 14918 0 X X 1 X 0 1 0 X 569702 505688 1137156 488173 470116 3170835 569702 505688 1137156 488173 470116 3170835 420659 2750176 566 351 98 106 1590 2711 3173546 0.86660 0.87820 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4893 1741 3152 3152 X PART X, LINE 2: THE ORGANIZATION HAS BEEN INCORPORATED AS A NOT-FOR-PROFIT CORPORATION UNDER THE LAWS OF NEW YORK STATE. THE INTERNAL REVENUE SERVICE HAS GRANTED APPROVAL FOR TAX EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE). ACCORDINGLY, NO PROVISION FOR FEDERAL OR LOCAL INCOME TAXES HAS BEEN PROVIDED FOR IN THE ACCOMPANYING FINANCIAL STATEMENTS. DURING THE YEAR ENDED DECEMBER 31, 2022, THE ORGANIZATION DID NOT RECOGNIZE OR ACCRUE ANY INTEREST OR PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN ITS STATEMENT OF ACTIVITIES. FORM 990, PART VI, SECTION A, LINE 2 THE CHAIRPERSON AND THE ORGANIZATION'S FOUNDER ARE FAMILY MEMBERS. THE EXECUTIVE DIRECTOR AND A BOARD MEMBER ARE HUSBAND AND WIFE. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS REVIEWED BY THE FINANCE COMMITTEE AND CHAIRPERSON PRIOR TO FILING OF THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND DIRECTORS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST STATEMENT UPON JOINING THE ORGANIZATION. ANY PERCEIVED OR DISCLOSED CONFLICTS WOULD BE DISCUSSED BY THE BOARD AND RESOLVED. FORM 990, PART VI, SECTION B, LINE 15 THE FINANCE COMMITTEE AND THE CHAIRPERSON REVIEW COMPARABLE COMPENSATIONS AND THE APPROVED BUDGET AND MAKE A DECISION IN CONJUNCTION WITH THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 72,023. MANAGEMENT AND GENERAL EXPENSES 28,446. FUNDRAISING EXPENSES 34,798. TOTAL EXPENSES 135,267. FORM 990, PART XII, LINE 2C: THE ORGANIZATION CREATED A COMMITTEE THAT OVERSEES THE REVIEW OF THE FINANCIAL STATEMENTS AND SELECTION PROCESS.