2021-09-28T17:39:02-05:00 2020-12-31 132709344 SHEEHAN & COMPANY CPA PC 165 ORINOCO DRIVE BRIGHTWATERS NY 11718 990 2020-01-01 061833489 QUALITAS OF LIFE FOUNDATION QUAL 6468852295 1221 AVE OF THE AMERICAS NO 43241 NEW YORK NY 10020 LEIGH ROVZAR CHAIRPERSON 2127391661 2021-09-08 1 LEIGH ROVZAR 999009999 ANTHONY P MARIANI P00126083 6316657040 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z LEIGH ROVZAR 1221 AVE OF THE AMERICAS NO 43241H NEW YORK NY 10020 1137254 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. 8 8 19 40 0 0 505688 1137156 0 0 351 98 0 0 506039 1137254 0 527356 0 0 324826 311685 0 0 91089 337624 254441 662450 1093482 -156411 43772 507962 621511 26262 96039 481700 525472 THE ORGANIZATION SERVES HISPANIC INDIVIDUALS BY PROVIDING INSTRUCTION ON PERSONAL FINANCES AND HOW TO ACCESS THE FINANCIAL SYSTEM. 0 0 235806 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. 530410 527356 666000 IN RESPONSE TO THE ECONOMIC CRISIS CAUSED BY THE CORONAVIRUS PANDEMIC, THE ORGANIZATION, AS THE RECIPIENT OF FINANCIAL SUPPORT, DISTRIBUTED AID TO MORE THAN 1,300 HISPANIC FAMILIES IN THE FORM OF GIFT CARDS, CASH, AND FOOD BASKETS THAT HAVE BEEN DELIVERED WITH THE SUPPORT OF VOLUNTEERS AND FOURTEEN ORGANIZATIONS ORIENTED TO PROVIDE RELIEF TO THIS COMMUNITY. 766216 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 4 0 19 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 1 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 1 1 0 NY X X THE ORGANIZATION 6468852295 1221 AVENUE OF THE AMERICAS SUITE NEW YORK NY 10020 X RUSSELL G BYRES JR DIRECTOR 0.25 X 0 0 0 GINA DIEZ BARROSO DE FRANKLIN DIRECTOR 0.25 X 0 0 0 LEIGH ROVZAR CHAIRMAN 1.00 X X 0 0 0 GREGORIO SCHNEIDER TREASURER 1.00 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 0.25 X X 0 0 0 JORGE KURI DIRECTOR 0.25 X 0 0 0 0 0 0 0 0 0 0 0 1137156 97089 1137156 98 98 1137254 0 0 98 X 390000 390000 137356 137356 287737 147184 107724 32829 23948 12358 8830 2760 74987 74987 26400 26400 102068 47238 1580 53250 7768 3054 4714 572 572 6632 4272 2360 WORKSHOP EXPENSES 24182 24182 MEMBERSHIP DUES 6458 6458 FUNDRAISING EXPENSES 2250 2250 MISCELLANEOUS 2186 2186 938 938 1093482 766216 236177 91089 51410 301906 377594 277692 75812 38777 3146 3136 1505 1505 0 0 507962 621511 26262 34639 0 61400 26262 96039 X 467005 392777 14695 132695 481700 525472 507962 621511 43772 0 X X 0 1 X 1 0 X 438017 625873 569702 505688 1137156 3276436 438017 625873 569702 505688 1137156 3276436 620112 2656324 19 2964 566 351 98 3998 3280434 0.80970 0.76940 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1505 1505 0 0 PAYCHECK PROTECTION LOAN PAYABLE 61400 61400 X 1232486 95232 95232 1137254 0 1137254 1188714 95232 95232 1093482 0 1093482 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, 2020, THE ORGANIZATION DID NOT RECOGNIZE OR ACCRUE ANY INTEREST OR PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN ITS STATEMENTS OF ACTIVITIES. 1 STATEN ISLAND COMMUNITY JOB CENTERLA COLMENA 774 PORT RICHMOND AVE STATEN ISLAND NY 10302 472787706 30000 GIFT CARDS FOR COVID-19 RELIEF COVID-19 RELIEF EFFORTS NEW YORK STATE FEDERATION OF GROWERS' & PROCESSORS' AGRI-BUSINESS CHILD DEV 847 UNION STREET SCHENECTADY NY 12308 150509747 35000 GIFT CARDS FOR COVID-19 RELIEF COVID-19 RELIEF EFFORTS CENTRO DE RECURSOS EDUCATIVOS PARA ADULTOS INC 475 EAST 115TH STREET NEW YORK NY 10029 824149759 40000 GIFT CARDS FOR COVID-19 RELIEF COVID-19 RELIEF EFFORTS MEXICAN COALITION FOR THE EMPOWERMENT OF YOUTH AND FAMILIES 389 EAST 150TH STREET BRONX NY 10455 462463951 20000 GIFT CARDS FOR COVID-19 RELIEF COVID-19 RELIEF EFFORTS CONSULATE GENERAL OF MEXICO IN NEW YORK 27 EAST 39TH STREET NEW YORK NY 10016 40000 GIFT CARDS FOR COVID-19 RELIEF COVID-19 RELIEF EFFORTS LA PLAZA DE PAULO INC 22 DON BOSCO PLACE PORT CHESTER NY 10573 844147131 12500 GIFT CARDS FOR COVID-19 RELIEF COVID-19 RELIEF EFFORTS MASA-MEXED INC 2770 THIRD AVENUE 1ST FLOOR BRONX NY 10455 113640210 25000 GIFT CARDS FOR COVID-19 RELIEF COVID-19 RELIEF EFFORTS MERCY CENTER INC 377 EAST 145TH STREET BRONX NY 10454 133865634 27500 GIFT CARDS FOR COVID-19 RELIEF COVID-19 RELIEF EFFORTS MIXTECA ORGANIZATION INC 245 23RD STREET BROOKLYN NY 11215 113561651 25000 GIFT CARDS FOR COVID-19 RELIEF COVID-19 RELIEF EFFORTS NEW IMMIGRANT COMMUNITY EMPOWERMENT 7129 ROOSEVELT AVENUE FLOOR 2 JACKSON HEIGHTS NY 11372 113560625 20000 GIFT CARDS FOR COVID-19 RELIEF COVID-19 RELIEF EFFORTS RED DE PUEBLOS TRANSNACIONALES 366 EAST 144TH STREET BRONX NY 10455 822237105 25000 GIFT CARDS FOR COVID-19 RELIEF COVID-19 RELIEF EFFORTS ST JEROME'S HANDS COMMUNITY CENTER 330 EAST 138TH STREET BRONX NY 10454 131740204 50000 GIFT CARDS FOR COVID-19 RELIEF COVID-19 RELIEF EFFORTS VIOLENCE INTERVENTION PROGRAM TRIBOROUGH STATION PO BOX 1161 NEW YORK NY 10035 133540337 15000 GIFT CARDS FOR COVID-19 RELIEF COVID-19 RELIEF EFFORTS WORKERS JUSTICE PROJECT 365 BROADWAY BROOKLYN NY 11211 042261109 25000 GIFT CARDS FOR COVID-19 RELIEF COVID-19 RELIEF EFFORTS 13 1 COVID-19 GIFT CARD PROGRAM 137355 FAIR MARKET VALUE COVID-19 RELIEF IN THE FORM OF GIFT CARDS, GROCERIES, AND CASH PART I, LINE 2: THE ORGANIZATION COORDINATED THE DISTRIBUTION OF GIFT CARDS AND FOOD BASKETS THROUGH ITS COVID-19 RELIEF PROGRAM IN COLLABORATION WITH 14 PARTNER ORGANIZATIONS. THE PARTNER ORGANIZATIONS RECEIVED A DETERMINED NUMBER OF GIFT CARDS AND WERE TASKED WITH THE RESPONSIBILITY OF DELIVERING THE GIFT CARDS TO THE QUALIFYING INDIVIDUALS AND FAMILIES. THE PARTNER ORGANIZATIONS HAVE PREVIOUSLY WORKED WITH QUALITAS ON VARIOUS PROJECTS, PROVING TO BE KEY ALLIES IN SERVING THE COMMUNITY, AND WERE SELECTED BASED UPON THE FOLLOWING CRITERIA: 1) THEIR TRACK RECORD WORKING WITH THE HISPANIC COMMUNITY; 2) LOCATION; 3) DEMOGRAPHIC OF THE COMMUNITY THEY SERVE; 4) CAPACITY TO LEAD DISTRIBUTION CAMPAIGNS; AND 5) RELIABILITY OF THE ORGANIZATION THE QUALITAS OF LIFE FOUNDATION THEN CONDUCTS INTERVIEWS WITH EACH OF THE EXECUTIVE DIRECTORS TO ASSESS THE NEED WITHIN THE COMMUNITY THEY SERVE AND TO CONFIRM THEIR INTEREST IN JOINING FORCES AS PART OF THE COVID-19 RESPONSE INITIATIVE. QUALITAS SET A LIST OF GENERAL REQUIREMENTS AND DELIVERABLES THE ORGANIZATIONS HAD TO FOLLOW IN ORDER TO RECEIVE THE FUNDS AND TRUSTED EACH ORGANIZATION WITH THE SELECTION PROCESS, UNDER THE UNDERSTANDING THAT THE FUNDS WERE ONLY TO BE USED TO PROVIDE FINANCIAL ASSISTANCE TO COMMUNITY MEMBERS AFFECTED BY THE COVID-19 CRISIS. THE GUIDELINES WERE: 1) QUALIFICATIONS: THE RECIPIENTS OF THE FUNDS HAD TO BE HISPANIC FAMILIES FACING FINANCIAL HARDSHIPS SUCH AS HAVING CONTRACTED THE COVID-19 VIRUS, HAVING A FAMILY MEMBER SICK WITH THE VIRUS, HAVING LOST THEIR JOB, HAVING ACQUIRED RENT DEBT, OR NOT BEING ABLE TO RECEIVE FEDERAL OR STATE RELIEF DUE TO THEIR IMMIGRATION STATUS. 2) DELIVERABLES: A) A LETTER TO CONFIRM THE DONATION FROM QUALITAS TO THE ORGANIZATION; B) A LETTER OF ACKNOWLEDGMENT FROM THE ORGANIZATION TO QUALITAS WITH A STATEMENT DECLARING THE 501(C)(3) STATUS AND PROVIDING THE EMPLOYER IDENTIFICATION NUMBER (EIN), THE OFFICIAL NAME OF THE ORGANIZATION, THE DATE AND THE DESCRIPTION OF THE DONATION, INCLUDING HOW THE DONATION WOULD BE USED. C) A LISTING OF BENEFICIARIES INCLUDING THEIR NAME, CONTACT INFORMATION, EMPLOYMENT STATUS AND NUMBER OF CARDS AWARDED. D) PHOTOS OF THE FAMILIES, IF AUTHORIZED 3) TYPE OF RELIEF: IN THE FIRST AND SECOND ROUNDS OF THE PROGRAM, THE ORGANIZATION HAD THE OPPORTUNITY TO CHOOSE THE TYPE OF RELIEF TO DISTRIBUTE TO ITS COMMUNITY FROM GIFT CARDS, CASH, OR FOOD BASKETS. IN THE THIRD AND FOURTH ROUND OF RELIEF, GIFT CARDS WERE THE ONLY OPTION. QUALITAS DISTRIBUTED GIFT CARDS AND FOOD BASKETS WITH THE HELP OF VOLUNTEERS, SMALL COMMUNITY ASSOCIATIONS AND ORGANIZATIONS THAT DID NOT HAVE THE CAPACITY TO LEAD THE EFFORTS THEMSELVES (EITHER DUE TO THE LACK OF AN EIN OR THE LACK OF HUMAN RESOURCES TO OVERSEE THE LOGISTICS). IN THESE CAMPAIGNS, QUALITAS FOLLOWED THE SAME GUIDELINES FOR QUALIFICATIONS AND DELIVERABLES, WITH THE EXCEPTION OF THE REQUIRED LETTERS. PARTICIPANTS WERE SELECTED THROUGH TARGETED GOOGLE FORMS OF EACH DELIVERY DATE, BASED ON THEIR EXPRESS NEED FOR FINANCIAL RELIEF AND THEIR LOCATION. THE GOOGLE FORM PROMOTED THROUGH VARIOUS CHANNELS INCLUDING SOCIAL MEDIA, FAMILIA QUALITAS WHATSAPP CHAT, AND THROUGH THE NETWORK OF ORGANIZATIONS REQUESTING FUNDS. QUALITAS FILTERED THE LIST FOCUSING ON FAMILIES FROM NEW YORK CITY. THE MAJORITY OF THE RECIPIENTS ARE COMMUNITY MEMBERS THAT HAVE TAKEN WORKSHOPS FROM QUALITAS OF LIFE. X WORKSHOP SUPPLIES 1 97089 FAIR MARKET VALUE 0 0 0 PART I, COLUMN (B): THE ORGANIZATION REPORTS THE NUMBER OF NON-CASH CONTRIBUTIONS RECEIVED. 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 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 24E FACILITIES AND EQUIPMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 827. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 827. STAFF TRAINING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 76. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 76. OFFICE SUPPLIES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 35. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 35. FORM 990, PART XII, LINE 2C: THE ORGANIZATION CREATED AN COMMITTEE THAT OVERSEES THE REVIEW OF THE FINANCIAL STATEMENTS AND THE SELECTION PROCESS.