Quick charity verification for Dagostino Family Foundation (EIN: 206745445)
Verdict: Dagostino Family Foundation appears trustworthy
92/100Mission Score
$1.3MRevenue
$2.0MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, from $1,495,494 in 2011 to $1,949,733 in 2023.
Zero officer compensation reported across all filings, indicating high efficiency.
Minimal liabilities, consistently reported as $1, demonstrating strong financial health.
Stable expense levels, generally between $115,000 and $130,000 annually, allowing for asset accumulation.
Strong program focus implied by NTEE code T22 (Private Grantmaking Foundations) and low overhead.
Spending Breakdown
How Dagostino Family Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
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 Dagostino Family Foundation
Is Dagostino Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Dagostino Family Foundation (EIN: 206745445) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Dagostino Family Foundation a good charity to donate to?
Dagostino Family Foundation has a Mission Score of 92/100. Revenue: $1.3M. Assets: $2.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Dagostino Family Foundation?
The Employer Identification Number (EIN) for Dagostino Family Foundation is 206745445. 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 Dagostino Family Foundation spend its money?
Dagostino Family Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Dagostino Family Foundation's tax-exempt status?
You can verify Dagostino Family Foundation's tax-exempt status using EIN 206745445 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 Dagostino Family Foundation demonstrates consistent financial stability, with assets growing from $1,495,494 in 2011 to $1,949,733 in 2023. The organization consistently maintains minimal liabilities, often reported as $1, indicating a very healthy balance sheet. Revenue has fluctuated year-to-year, with a notable high of $409,187 in 2022, but expenses have remained relatively stable, typically ranging between $115,000 and $130,000 annually, except for 2021 where expenses reached $284,535. This consistent expense level, coupled with fluctuating but generally higher revenues, has allowed for asset growth.
The foundation's spending efficiency appears strong, particularly given that officer compensation has been reported as 0% across all available filings. This suggests that the organization is likely run by volunteers or that compensation is covered by other means not reported as officer compensation, which contributes to a higher proportion of funds potentially being directed towards its mission. The NTEE code T22 (Private Grantmaking Foundations) suggests its primary activity is making grants, which inherently means a significant portion of its expenses would be program-related. The lack of officer compensation also enhances its transparency profile, as it indicates a commitment to minimizing administrative overhead related to executive salaries.
Overall, the Dagostino Family Foundation exhibits characteristics of a well-managed private foundation with a strong financial position, low overhead, and a clear focus on its grantmaking activities, as evidenced by its consistent asset growth and minimal liabilities. The absence of officer compensation is a significant positive indicator of its commitment to directing resources efficiently.