Is Procaccianti Family Foundation Legit? —…

Quick charity verification for Procaccianti Family Foundation (EIN: 202620504)

Spending Breakdown

How Procaccianti Family Foundation allocates its funds across programs, administration, and fundraising.

100%

Program Spending

Healthy — majority goes to mission

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 Procaccianti Family Foundation

Is Procaccianti Family Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Procaccianti Family Foundation (EIN: 202620504) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.

Is Procaccianti Family Foundation a good charity to donate to?

Procaccianti Family Foundation has a Mission Score of 85/100. Revenue: $10K. Assets: $9K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Procaccianti Family Foundation?

The Employer Identification Number (EIN) for Procaccianti Family Foundation is 202620504. 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 Procaccianti Family Foundation spend its money?

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

How can I verify Procaccianti Family Foundation's tax-exempt status?

You can verify Procaccianti Family Foundation's tax-exempt status using EIN 202620504 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 Procaccianti Family Foundation exhibits characteristics of a small, family-run foundation with fluctuating financial activity. In the latest period (202403), the organization reported revenue of $10,382 and expenses of $5,500, resulting in a net positive operating margin. However, the previous period (202303) saw expenses of $33,200 significantly exceed revenue of $20,396, indicating a reliance on prior period assets or contributions. The foundation's assets have also fluctuated considerably, from a high of $37,313 in 202103 to $4,281 in 202303, before recovering slightly to $9,163 in 202403. The consistent reporting of $1 in liabilities across all periods suggests minimal debt or complex financial structures.

Given the nature of a family foundation, the lack of officer compensation is expected and contributes to efficient use of funds for its stated purpose. The NTEE code T22 (Private Grantmaking Foundations) aligns with its operational pattern of receiving funds and making grants. The significant variability in revenue and expenses over the years, from periods of minimal activity (e.g., $1 revenue, $0 expenses from 2012-2016) to more substantial operations (e.g., $150,022 revenue in 202203), suggests an opportunistic or event-driven funding model rather than a consistent, large-scale operational budget. The foundation's transparency is adequate through its 990 filings, which consistently report key financial figures.

Is Procaccianti Family Foundation Legit?

Verdict: Procaccianti Family Foundation appears trustworthy

Red Flags

Strengths