Is Lawrence P Castellani Family Foundation Legit?

Quick charity verification for Lawrence P Castellani Family Foundation (EIN: 166399132)

Verdict: Lawrence P Castellani Family Foundation appears trustworthy

95/100Mission Score
$839KRevenue
$4.8MAssets
1Red Flags
5Strengths

Red Flags

Strengths

Spending Breakdown

How Lawrence P Castellani Family Foundation allocates its funds across programs, administration, and fundraising.

100%
Program Spending
Healthy — majority goes to mission
0%
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 Lawrence P Castellani Family Foundation

Is Lawrence P Castellani Family Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Lawrence P Castellani Family Foundation (EIN: 166399132) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.

Is Lawrence P Castellani Family Foundation a good charity to donate to?

Lawrence P Castellani Family Foundation has a Mission Score of 95/100. Revenue: $839K. Assets: $4.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Lawrence P Castellani Family Foundation?

The Employer Identification Number (EIN) for Lawrence P Castellani Family Foundation is 166399132. 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 Lawrence P Castellani Family Foundation spend its money?

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

How can I verify Lawrence P Castellani Family Foundation's tax-exempt status?

You can verify Lawrence P Castellani Family Foundation's tax-exempt status using EIN 166399132 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 Lawrence P Castellani Family Foundation demonstrates strong financial health, particularly in recent years, with assets consistently growing. In 2022, assets reached $5,552,029, up from $4,143,481 in 2021, indicating robust financial management and investment growth. The organization's spending efficiency appears high, as evidenced by the consistent absence of officer compensation across all reported periods, suggesting that administrative costs related to executive salaries are non-existent. This contributes to a higher proportion of funds likely being directed towards programmatic activities. The foundation's revenue has shown significant fluctuations but generally an upward trend, with a peak of $1,767,703 in 2022. Expenses have been managed effectively, often significantly lower than revenue, leading to asset accumulation. For instance, in 2022, expenses were $419,672 against $1,767,703 in revenue. The consistent reporting of minimal liabilities ($1 or $0) across all filings further underscores a healthy balance sheet and responsible financial stewardship. The absence of officer compensation also points to a high degree of transparency regarding how funds are allocated, as there are no executive salaries to scrutinize.

View Full Transparency Report →

Disclaimer

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

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