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Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$1M
Program Spending
0%
of total expenses go to program services
Total Contributions
$206.8K
Total Expenses
▼$996.6K
Total Assets
$4.8M
Total Liabilities
▼$73.3K
Net Assets
$4.7M
Officer Compensation
→N/A
Other Salaries
N/A
Investment Income
$29K
Fundraising
▼N/A
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$1.1M
Awards Found
2
| Awarding Agency | Description | Amount | Fiscal Year | Period |
|---|---|---|---|---|
| Department of Commerce | THIS EDA INVESTMENT FUNDS THE UPSTATE NY CAPITAL GAP ANGEL FUND PROJECT, TO LAUNCH A NEW SEED FUND, EXPANDING THE NEXT GENERATION OF INVESTOR LEADERSHIP. THE PROJECT WORK INCLUDES ATTRACTING FOLLOW-ON CAPITAL BY MENTORING VENTURES, THUS CREATING A MORE STABLE BASE OF OPPORTUNITIES AND MENTORS. ONCE IMPLEMENTED, THE PROJECT WILL SERVE UNDERSERVED ENTREPRENEURS FROM ACROSS THE REGION, ACADEMIC INSTITUTIONS AND MANUFACTURING COMPANIES, AND RURAL COMMUNITIES. | $750K | FY2023 | Nov 2022 – Oct 2025 |
| Department of Commerce | THE EXCELL UPSTATE NY SEED FUND WILL BRING ADDITIONAL CAPITAL, STRENGTHEN DUE-DILIGENCE AND DEAL-STRUCTURING CAPABILITIES, TO BUILD THE NEXT GENERATION OF INVESTOR LEADERSHIP IN UPSTATE NY | $300K | FY2019 | Jan 2019 – Dec 2021 |
Department of Commerce
$750K
THIS EDA INVESTMENT FUNDS THE UPSTATE NY CAPITAL GAP ANGEL FUND PROJECT, TO LAUNCH A NEW SEED FUND, EXPANDING THE NEXT GENERATION OF INVESTOR LEADERSHIP. THE PROJECT WORK INCLUDES ATTRACTING FOLLOW-ON CAPITAL BY MENTORING VENTURES, THUS CREATING A MORE STABLE BASE OF OPPORTUNITIES AND MENTORS. ONCE IMPLEMENTED, THE PROJECT WILL SERVE UNDERSERVED ENTREPRENEURS FROM ACROSS THE REGION, ACADEMIC INSTITUTIONS AND MANUFACTURING COMPANIES, AND RURAL COMMUNITIES.
Department of Commerce
$300K
THE EXCELL UPSTATE NY SEED FUND WILL BRING ADDITIONAL CAPITAL, STRENGTHEN DUE-DILIGENCE AND DEAL-STRUCTURING CAPABILITIES, TO BUILD THE NEXT GENERATION OF INVESTOR LEADERSHIP IN UPSTATE NY
Source: Federal Audit Clearinghouse (fac.gov)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
Tax Year 2024 · Source: IRS e-Filed Form 990
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023IRS e-File | $1M | $206.8K | $996.6K | $4.8M | $4.7M |
| 2022 | $844.9K | $40.4K | $972.7K | $4.9M | $4.8M |
| 2021 | $1.1M | $213.1K | $785.4K | $5.1M | $5M |
| 2020 | $1.1M | $143.3K | $854.6K |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
Financial data: IRS e-Filed Form 990 (Tax Year 2023)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Theresa Mazzullo | Chief Executive Officer | 40 | $0 | $270.5K | $59.1K | $329.6K |
| Yoram Katz | Chief Operating Officer | 40 | $0 | $262.1K | $66.7K | $328.8K |
Theresa Mazzullo
Chief Executive Officer
$329.6K
Hrs/Wk
40
Compensation
$0
Related Orgs
$270.5K
Other
$59.1K
Yoram Katz
Chief Operating Officer
$328.8K
Hrs/Wk
40
Compensation
$0
Related Orgs
$262.1K
Other
$66.7K
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| David Klein | Director | 0.3 | $0 | $0 | $0 | $0 |
| Dennis Kessler | Director | 0.3 | $0 | $0 | $0 | $0 |
| Joel Malina | Director | 0.3 | $0 | $0 | $0 | $0 |
| Michael Manikowski | Director | 0.3 | $0 | $0 | $0 | $0 |
| Peter Robinson | Chairman Of The Board | 0.5 | $0 | $0 | $0 | $0 |
| Ryne Raffaelle | Director |
David Klein
Director
$0
Hrs/Wk
0.3
Compensation
$0
Related Orgs
$0
Other
$0
Dennis Kessler
Director
$0
Hrs/Wk
0.3
Compensation
$0
Related Orgs
$0
Other
$0
Joel Malina
Director
$0
Hrs/Wk
0.3
Compensation
$0
Related Orgs
$0
Other
$0
| $5M |
| $4.9M |
| 2019 | $558.7K | $0 | $710.8K | $5.2M | $5.2M |
| 2018 | $430.8K | $0 | $736.4K | $4.7M | $4.7M |
| 2017 | $423.6K | $0 | $869.1K | $5.2M | $5.2M |
| 2016 | $310.9K | $0 | $877.6K | $6.1M | $6.1M |
| 2015 | $297.6K | $0 | $829.5K | $6M | $6M |
| 2014 | $250.3K | $0 | $683.9K | $5.3M | $5.3M |
| 2013 | $51.4K | $0 | $570.5K | $3.7M | $3.7M |
| 2012 | $505K | $0 | $956.3K | $1.6M | $1.5M |
| 2011 | $2M | $2M | $495.8K | $2M | $2M |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990-EZ | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 0.3 |
| $0 |
| $0 |
| $0 |
| $0 |
| Steve Mccluski | Director | 0.3 | $0 | $0 | $0 | $0 |
| Steven Feldon | Director | 0.3 | $0 | $0 | $0 | $0 |
Michael Manikowski
Director
$0
Hrs/Wk
0.3
Compensation
$0
Related Orgs
$0
Other
$0
Peter Robinson
Chairman Of The Board
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Ryne Raffaelle
Director
$0
Hrs/Wk
0.3
Compensation
$0
Related Orgs
$0
Other
$0
Steve Mccluski
Director
$0
Hrs/Wk
0.3
Compensation
$0
Related Orgs
$0
Other
$0
Steven Feldon
Director
$0
Hrs/Wk
0.3
Compensation
$0
Related Orgs
$0
Other
$0