Is John P And Lawrence J Giacoletto…

Quick charity verification for John P And Lawrence J Giacoletto Foundation (EIN: 201777917)

Spending Breakdown

How John P And Lawrence J Giacoletto Foundation allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

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 John P And Lawrence J Giacoletto Foundation

Is John P And Lawrence J Giacoletto Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, John P And Lawrence J Giacoletto Foundation (EIN: 201777917) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 5 strengths noted.

Is John P And Lawrence J Giacoletto Foundation a good charity to donate to?

John P And Lawrence J Giacoletto Foundation has a Mission Score of 88/100. Revenue: $2.1M. Assets: $9.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for John P And Lawrence J Giacoletto Foundation?

The Employer Identification Number (EIN) for John P And Lawrence J Giacoletto Foundation is 201777917. 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 John P And Lawrence J Giacoletto Foundation spend its money?

John P And Lawrence J Giacoletto Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify John P And Lawrence J Giacoletto Foundation's tax-exempt status?

You can verify John P And Lawrence J Giacoletto Foundation's tax-exempt status using EIN 201777917 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 John P And Lawrence J Giacoletto Foundation demonstrates consistent financial stability, maintaining assets around $9 million over the past decade. While the latest reported revenue is $2,053,106, the individual 990 filings show annual revenues typically ranging from $400,000 to $600,000, with expenses generally aligning closely with revenue. For instance, in 2023, expenses were $499,163 against $400,678 in revenue, indicating a slight deficit for that period, which is not uncommon for foundations. The foundation's liabilities have consistently remained very low, often under $6,000, suggesting strong financial management and minimal debt burden.

The organization's spending efficiency appears high, particularly given that officer compensation has been reported as 0% across all available filings. This indicates that the foundation's leadership is either unpaid or compensated through other means not reported as officer compensation, which is a positive sign for donor confidence. Without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to precisely assess spending efficiency ratios, but the absence of officer compensation is a significant indicator of resources being directed elsewhere. The consistent asset base also suggests prudent long-term financial stewardship.

Transparency is generally good, with a decade of publicly available 990 filings. The consistent reporting of 0% officer compensation enhances trust. However, a more detailed breakdown of expenses beyond total expenses would further improve transparency, allowing for a clearer understanding of how funds are allocated between program services, administrative overhead, and fundraising efforts. The foundation's consistent financial reporting and low liabilities contribute to an overall positive assessment of its transparency and financial health.

Is John P And Lawrence J Giacoletto Foundation Legit?

Verdict: John P And Lawrence J Giacoletto Foundation appears trustworthy

Red Flags

Strengths