Quick charity verification for Florian J Lombardi Foundation Inc (EIN: 222994473)
Verdict: Florian J Lombardi Foundation Inc shows mixed signals
45/100Mission Score
$3.7MRevenue
$5.4MAssets
5Red Flags
1Strengths
Red Flags
Zero reported program service expenses across all years, suggesting no direct charitable impact.
Consistent decline in total assets over the past five years, from $6,188,987 in 2019 to $5,177,074 in 2023.
100% of reported expenses are administrative, raising questions about the foundation's operational efficiency and purpose.
The foundation consistently reports 'l1' (likely indicating a private foundation) but shows no charitable distributions.
Revenue has been inconsistent and generally low relative to administrative expenses, for example, $253,780 in revenue versus $453,753 in expenses in 2023.
Strengths
The foundation has maintained its legal status and filed required documents consistently.
AI Transparency Report
Florian J Lombardi Foundation Inc is a unknown nonprofit based in Toms River, New Jersey, with reported revenue of $3.7M and assets of $5.4M. Our AI analysis assigns a Mission Score of 45/100 (Fair). Executive compensation is not explicitly detailed in the provided data, but given 100% of expenses are administrative, it's likely a significant portion of the $453,753 in expenses for 2023. Revenue has grown +192% across 10 filing periods.