Is Edward D Cammarota Foundation Inc Legit?

Quick charity verification for Edward D Cammarota Foundation Inc (EIN: 201262503)

Verdict: Edward D Cammarota Foundation Inc appears trustworthy

80/100Mission Score
$1.5MRevenue
$5.8MAssets
2Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How Edward D Cammarota Foundation Inc allocates its funds across programs, administration, and fundraising.

85%
Program Spending
Healthy — majority goes to mission
10%
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 Edward D Cammarota Foundation Inc

Is Edward D Cammarota Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Edward D Cammarota Foundation Inc (EIN: 201262503) appears trustworthy. Mission Score: 80/100. 2 red flags identified, 4 strengths noted.

Is Edward D Cammarota Foundation Inc a good charity to donate to?

Edward D Cammarota Foundation Inc has a Mission Score of 80/100. Revenue: $1.5M. Assets: $5.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Edward D Cammarota Foundation Inc?

The Employer Identification Number (EIN) for Edward D Cammarota Foundation Inc is 201262503. 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 Edward D Cammarota Foundation Inc spend its money?

Edward D Cammarota Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Edward D Cammarota Foundation Inc's tax-exempt status?

You can verify Edward D Cammarota Foundation Inc's tax-exempt status using EIN 201262503 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 Edward D Cammarota Foundation Inc demonstrates consistent financial stability with substantial assets, reported at $5,628,509 in 2023, significantly outweighing its minimal liabilities of $1 across all reported periods. The organization's revenue has fluctuated, with a notable peak of $1,362,766 in 2014 and $693,502 in 2021, but generally hovers around $250,000 annually. Expenses have also been relatively stable, typically in the range of $230,000 to $377,000. The foundation consistently reports 0% officer compensation, indicating a volunteer-led or very lean executive structure, which is a positive sign for donor confidence and efficient use of funds. However, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess spending efficiency beyond the lack of executive compensation. While the foundation maintains a strong asset base, its operational revenue has not consistently covered expenses in recent years, with deficits in 2023 ($277,079 revenue vs. $322,401 expenses) and 2022 ($251,961 revenue vs. $324,581 expenses). This suggests reliance on its endowment or prior year surpluses to cover operational costs. The consistent reporting of minimal liabilities ($1) across all filings indicates strong financial management regarding debt. The lack of officer compensation is a significant strength for transparency and efficiency. To fully assess spending efficiency, more detailed expense breakdowns are needed. However, the consistent asset base and minimal liabilities are strong indicators of financial health. The foundation's transparency is good regarding executive compensation, but a more granular view of program spending versus other overhead would enhance the overall assessment.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

Related Pages