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.
Spending Breakdown
How Louis J And Fannie Roncoli Foundation Inc allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
100%
Admin Costs
High — over 25% on administration
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 Louis J And Fannie Roncoli Foundation Inc
Is Louis J And Fannie Roncoli Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Louis J And Fannie Roncoli Foundation Inc (EIN: 222141748) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
Is Louis J And Fannie Roncoli Foundation Inc a good charity to donate to?
Louis J And Fannie Roncoli Foundation Inc has a Mission Score of 65/100. Revenue: $364K. Assets: $2.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Louis J And Fannie Roncoli Foundation Inc?
The Employer Identification Number (EIN) for Louis J And Fannie Roncoli Foundation Inc is 222141748. 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 Louis J And Fannie Roncoli Foundation Inc spend its money?
Louis J And Fannie Roncoli Foundation Inc allocates 0% to programs, 100% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Louis J And Fannie Roncoli Foundation Inc's tax-exempt status?
You can verify Louis J And Fannie Roncoli Foundation Inc's tax-exempt status using EIN 222141748 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
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.