Quick charity verification for Acquavella Family Foundation Tr (EIN: 137140356)
Verdict: Acquavella Family Foundation Tr appears trustworthy
95/100Mission Score
$4.8MRevenue
$12.0MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation across all filings, indicating high efficiency.
Significant asset growth from $2.7 million in 2011 to over $12 million in 2023, demonstrating strong financial management.
Low liabilities, often reported as $1 or $0, indicating sound financial health and minimal debt.
Substantial revenue in the latest period ($8,124,745 in 202312) relative to expenses ($1,314,349), allowing for significant program funding and asset building.
Consistent filing of IRS 990s, indicating good transparency.
Spending Breakdown
How Acquavella Family Foundation Tr allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Acquavella Family Foundation Tr
Is Acquavella Family Foundation Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Acquavella Family Foundation Tr (EIN: 137140356) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Acquavella Family Foundation Tr a good charity to donate to?
Acquavella Family Foundation Tr has a Mission Score of 95/100. Revenue: $4.8M. Assets: $12.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Acquavella Family Foundation Tr?
The Employer Identification Number (EIN) for Acquavella Family Foundation Tr is 137140356. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Acquavella Family Foundation Tr spend its money?
Acquavella Family Foundation Tr allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Acquavella Family Foundation Tr's tax-exempt status?
You can verify Acquavella Family Foundation Tr's tax-exempt status using EIN 137140356 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Acquavella Family Foundation Tr demonstrates strong financial health, particularly in its asset growth and program spending. In the latest filing period (202312), the foundation reported substantial revenue of $8,124,745 against expenses of $1,314,349, leading to a significant increase in assets to $12,261,977. This indicates a robust capacity to fund its charitable activities. The foundation consistently reports 0% officer compensation across all available filings, which is a strong indicator of efficient use of funds and a commitment to directing resources towards its mission rather than administrative overhead.
The foundation's spending efficiency is commendable, with a very high proportion of expenses likely directed towards programs, given the absence of officer compensation and typically low administrative costs for foundations of this type. While specific program spending percentages are not explicitly detailed in the provided summary, the overall expense levels relative to revenue suggest a lean operational structure. The consistent growth in assets over the years, from $2,726,342 in 2011 to over $12 million in 2023, further solidifies its long-term financial stability and capacity for impact.
Transparency is high, as evidenced by the consistent filing of IRS Form 990s and the clear reporting of key financial metrics. The lack of liabilities across most periods (often reported as $1 or $0) also points to sound financial management and minimal debt burden. The foundation's operational model appears to prioritize direct charitable giving and asset growth to sustain its philanthropic endeavors.