Is Fascitelli Family Foundation Legit? —…

Quick charity verification for Fascitelli Family Foundation (EIN: 133748071)

Strengths

Zero officer compensation, indicating high efficiency and direct program spending.
Consistent grant-making activity with significant expenses directed towards charitable purposes (e.g., $3,685,384 in 2024).
Substantial and stable asset base (e.g., $18,262,051 latest assets) providing long-term financial security.
Minimal liabilities ($1 in recent years), indicating strong financial health and low risk.
Good transparency with 10 years of available IRS 990 filings.

Spending Breakdown

How Fascitelli Family Foundation allocates its funds across programs, administration, and fundraising.

100%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Fascitelli Family Foundation

Is Fascitelli Family Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Fascitelli Family Foundation (EIN: 133748071) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.

Is Fascitelli Family Foundation a good charity to donate to?

Fascitelli Family Foundation has a Mission Score of 95/100. Revenue: $6.2M. Assets: $18.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Fascitelli Family Foundation?

The Employer Identification Number (EIN) for Fascitelli Family Foundation is 133748071. 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 Fascitelli Family Foundation spend its money?

Fascitelli Family Foundation allocates 100% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Fascitelli Family Foundation's tax-exempt status?

You can verify Fascitelli Family Foundation's tax-exempt status using EIN 133748071 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 Fascitelli Family Foundation demonstrates a consistent commitment to its mission through its financial operations, primarily functioning as a grant-making private foundation. Over the past five years, the foundation has shown fluctuating revenue, with a high of $11,117,138 in 2024 and a low of $1,563,906 in 2023. Despite these fluctuations, the foundation consistently expends significant amounts towards its charitable purposes, with expenses ranging from $3,633,774 to $5,694,614 in recent years. The foundation's assets have remained substantial, generally above $13 million, indicating a strong financial base for future grant-making activities. The consistent reporting of minimal liabilities ($1 in recent years) suggests sound financial management and a low-risk profile.

Spending efficiency appears high, as the foundation reports 0% officer compensation across all available filings, indicating that administrative costs related to executive salaries are non-existent. This suggests that a very high proportion of its expenses are directed towards program services, which is typical for a private foundation primarily distributing grants. The absence of officer compensation also points to a lean operational structure, maximizing the impact of its financial resources. The foundation's transparency is commendable, with 10 filings available, providing a clear historical record of its financial activities.

Overall, the Fascitelli Family Foundation appears to be a financially healthy and efficient organization. Its consistent grant-making, substantial asset base, minimal liabilities, and zero officer compensation all contribute to a positive assessment of its financial stewardship and dedication to its philanthropic goals. The fluctuations in revenue are common for foundations relying on investment returns or large, infrequent donations, but the consistent expense levels demonstrate ongoing commitment to its mission.

Is Fascitelli Family Foundation Legit?

Verdict: Fascitelli Family Foundation appears trustworthy