Is Louis J And Fannie Roncoli Foundation Inc Legit?
Quick charity verification for Louis J And Fannie Roncoli Foundation Inc (EIN: 222141748)
Verdict: Louis J And Fannie Roncoli Foundation Inc shows mixed signals
65/100Mission Score
$364KRevenue
$2.0MAssets
3Red Flags
2Strengths
Red Flags
Consistent 0% program spending raises significant questions about the foundation's charitable purpose and activities.
The foundation consistently reports 'l1' for lobbying expenses, indicating some level of lobbying activity without further detail.
Lack of detailed information regarding the nature of administrative expenses, which consume 100% of reported expenditures.
Strengths
The foundation maintains a stable asset base over several years, indicating financial consistency.
No reported fundraising expenses, suggesting a lack of active public fundraising efforts.
AI Transparency Report
Louis J And Fannie Roncoli Foundation Inc is a unknown nonprofit based in Cranford, New Jersey, with reported revenue of $364K and assets of $2.0M. Our AI analysis assigns a Mission Score of 65/100 (Good). Executive compensation is not reported in the provided data, suggesting either no paid executives or compensation below reporting thresholds, which aligns with the foundation's minimal operational footprint. Revenue has grown +51% across 10 filing periods.