Mosaic & Terrazzo Welfare Fund is a 501(c)(9) organization based in Long Is City, New York, registered in 1940, with $9,040,042 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$9.0M
▲ 12.2% vs prior year
Expenses (FY2024)
$8.7M
Net assets
$4.2M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Mosaic & Terrazzo Welfare Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Mosaic & Terrazzo Welfare Fund: 6 mo reserves · +4% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Mosaic & Terrazzo Welfare Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Mosaic & Terrazzo Welfare Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $4.8M (FY2013) to $9.0M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
3.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$5.4M
Total liabilities
$1.2M
Net assets
$4.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $9,040,042▲12.2% | $8,708,231▼4.0% | $4,209,829▲8.7% | $5,391,829▼0.3% | 990 |
| 2023 | $8,059,008▼8.2% | $9,067,727▼2.9% | $3,874,265▼18.7% | $5,406,911▼20.1% | 990 |
| 2022 | $8,780,077▲15.3% | $9,336,561▲14.9% | $4,765,849▼16.0% | $6,767,300▼8.5% | 990 |
| 2021 | $7,617,875▲57.3% | $8,125,231▲47.9% | $5,676,303▼9.0% | $7,395,380▲1.9% | 990 |
| 2020 | $4,842,590▼18.5% | $5,495,345▼6.8% | $6,237,958▼8.5% | $7,259,550▼7.0% | 990 |
| 2019 | $5,942,677▲3.9% | $5,897,919▼12.9% | $6,818,757▲2.9% | $7,803,173▲0.1% | 990 |
| 2018 | $5,719,565▼7.4% | $6,774,909▲14.4% | $6,626,103▼14.1% | $7,796,152▼13.9% | 990 |
| 2017 | $6,175,688▲15.4% | $5,921,610▲20.6% | $7,709,313▲5.0% | $9,051,278▲6.8% | 990 |
| 2016 | $5,350,894▲20.4% | $4,911,398▼18.0% | $7,340,354▲7.3% | $8,474,075▲4.2% | 990 |
| 2015 | $4,443,076▼13.1% | $5,988,088▲27.4% | $6,839,859▼18.2% | $8,135,594▼14.3% | 990 |
| 2014 | $5,115,541▲7.5% | $4,701,805▲31.2% | $8,361,789▲5.3% | $9,498,046▲10.7% | 990 |
| 2013 | $4,756,441 | $3,584,408▲19.3% | $7,938,136▲17.2% | $8,580,709▲13.9% | 990 |
| 2012 | — | $3,003,826▲37.2% | $6,771,334▲14.0% | $7,536,473▲10.4% | 990 |
| 2011 | — | $2,189,739▲2.4% | $5,941,871▲8.3% | $6,827,993▲15.9% | 990 |
| 2010 | — | $2,137,568 | $5,488,629 | $5,890,467 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Mosaic & Terrazzo Welfare Fund (EIN 13-5676828) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.