Minimal liabilities ($0 or $1) across all filings, indicating sound financial health.
Consistent IRS 990 filing history, demonstrating good transparency.
Spending Breakdown
How Attilio And Beverly Petrocelli Foundation 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 Attilio And Beverly Petrocelli Foundation
Is Attilio And Beverly Petrocelli Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Attilio And Beverly Petrocelli Foundation (EIN: 201690418) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Attilio And Beverly Petrocelli Foundation a good charity to donate to?
Attilio And Beverly Petrocelli Foundation has a Mission Score of 90/100. Revenue: $10.2M. Assets: $31.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Attilio And Beverly Petrocelli Foundation?
The Employer Identification Number (EIN) for Attilio And Beverly Petrocelli Foundation is 201690418. 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 Attilio And Beverly Petrocelli Foundation spend its money?
Attilio And Beverly Petrocelli Foundation allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Attilio And Beverly Petrocelli Foundation's tax-exempt status?
You can verify Attilio And Beverly Petrocelli Foundation's tax-exempt status using EIN 201690418 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 Attilio And Beverly Petrocelli Foundation demonstrates strong financial health, consistently maintaining significant assets relative to its annual expenses. For instance, in 2023, its assets were $27,693,286 against expenses of $1,709,825, indicating a robust endowment. The foundation's revenue has fluctuated, with a notable peak of $4,897,117 in 2023, but it consistently generates more revenue than it expends, allowing for asset growth. This financial stability suggests a well-managed organization capable of sustaining its philanthropic activities over the long term.
Regarding spending efficiency, the foundation appears to operate with a lean administrative structure, as indicated by the 0% officer compensation reported across all available filings. This suggests that a very high proportion of its expenses are directed towards program services and grants, rather than overhead. While specific breakdowns of program vs. administrative vs. fundraising expenses are not provided in the summary data, the absence of executive compensation is a strong indicator of efficiency. The foundation's consistent growth in assets, from $6,985,716 in 2011 to $27,693,286 in 2023, further supports its financial prudence and ability to grow its philanthropic capacity.
Transparency is generally good, with consistent IRS 990 filings over a decade. The consistent reporting of zero officer compensation is a key transparency point, indicating that the foundation is likely run by volunteers or has its administrative costs covered by other means, which is a positive sign for donors. The minimal liabilities reported across all periods ($0 or $1) also points to sound financial management and a lack of significant debt, enhancing its overall transparency and trustworthiness.