Quick charity verification for Calicchio Family Foundation (EIN: 202831864)
Verdict: Calicchio Family Foundation shows mixed signals
45/100Mission Score
$73Revenue
$15KAssets
4Red Flags
2Strengths
Red Flags
Consistent operational deficits: Expenses have frequently exceeded revenue (e.g., $5,248 expenses vs. $4,122 revenue in 2023).
Significant decline in assets: Assets have decreased from $196,561 in 2011 to $22,157 in 2023, indicating an unsustainable financial trend.
Very low and inconsistent revenue: Many years show extremely low revenue figures (e.g., $6 in 2021, $73 latest), which is concerning for a foundation.
Reliance on asset depletion: The foundation appears to be funding operations by drawing down its principal rather than generating sufficient income.
Strengths
Zero officer compensation: The organization consistently reports 0% officer compensation, indicating efficient use of funds regarding executive pay.
Consistent IRS filing history: The foundation has a regular history of filing its IRS Form 990s, demonstrating transparency in reporting.
Spending Breakdown
How Calicchio Family Foundation allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 Calicchio Family Foundation
Is Calicchio Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Calicchio Family Foundation (EIN: 202831864) shows mixed signals. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.
Is Calicchio Family Foundation a good charity to donate to?
Calicchio Family Foundation has a Mission Score of 45/100. Revenue: $73. Assets: $15K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Calicchio Family Foundation?
The Employer Identification Number (EIN) for Calicchio Family Foundation is 202831864. 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 Calicchio Family Foundation spend its money?
Calicchio Family Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Calicchio Family Foundation's tax-exempt status?
You can verify Calicchio Family Foundation's tax-exempt status using EIN 202831864 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 Calicchio Family Foundation appears to be a small private foundation with a history of declining assets and consistent operational deficits. In 2023, the organization reported revenue of $4,122 against expenses of $5,248, continuing a trend where expenses frequently exceed revenue. Its assets have significantly decreased over time, from $196,561 in 2011 to $22,157 in 2023, indicating a reliance on drawing down its endowment rather than generating sufficient income to cover its activities. The foundation consistently reports zero officer compensation, which is a positive sign for minimizing administrative overhead related to executive pay.
Given the NTEE code T20 (Private Grantmaking Foundations), the primary 'program' activity would be grantmaking. Without detailed expense breakdowns beyond total expenses, it's challenging to precisely assess spending efficiency between program services and administrative costs. However, the consistent net losses suggest that the foundation's financial model is not sustainable in the long term without significant new contributions. The low revenue figures in most years, often in the double or single digits, further highlight this challenge.
Transparency is generally good as the organization has a consistent filing history with the IRS. However, the financial trends raise questions about the foundation's long-term viability and its capacity to fulfill its grantmaking mission effectively given the continuous depletion of its asset base. The very low current revenue of $73 and assets of $15,188 further underscore these concerns.