Quick charity verification for The Joseph F Umosella Family Foundation (EIN: 202041985)
Verdict: The Joseph F Umosella Family Foundation appears trustworthy
85/100Mission Score
$2.9MRevenue
$6.0MAssets
1Red Flags
4Strengths
Red Flags
Consistent decline in asset base over the last decade, from $6.86M in 2014 to $6.09M in 2023, indicating a potential long-term sustainability concern if current spending patterns continue without significant new endowments.
Strengths
Zero officer compensation reported across all filings, indicating efficient use of funds for its mission.
Consistent grantmaking activity, with expenses often exceeding revenue, demonstrating active fulfillment of its philanthropic purpose.
Extensive filing history (10 filings) provides good transparency into its financial operations over time.
Spending Breakdown
How The Joseph F Umosella Family Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
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 The Joseph F Umosella Family Foundation
Is The Joseph F Umosella Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Joseph F Umosella Family Foundation (EIN: 202041985) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is The Joseph F Umosella Family Foundation a good charity to donate to?
The Joseph F Umosella Family Foundation has a Mission Score of 85/100. Revenue: $2.9M. Assets: $6.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Joseph F Umosella Family Foundation?
The Employer Identification Number (EIN) for The Joseph F Umosella Family Foundation is 202041985. 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 The Joseph F Umosella Family Foundation spend its money?
The Joseph F Umosella Family Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Joseph F Umosella Family Foundation's tax-exempt status?
You can verify The Joseph F Umosella Family Foundation's tax-exempt status using EIN 202041985 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 Joseph F Umosella Family Foundation appears to be a private foundation, as indicated by its NTEE code T20 (Private Grantmaking Foundations) and its consistent pattern of expenses exceeding revenue in most recent years, suggesting it primarily grants from an endowment rather than public fundraising. Its financial health, as measured by assets, has seen a gradual decline from a peak of $6,861,128 in 2014 to $6,097,578 in 2023, while liabilities remain minimal, often reported as $1. This indicates a stable, albeit slowly diminishing, asset base for its grantmaking activities.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent reporting of 0% officer compensation across all filings suggests a lean operational structure regarding executive pay. The foundation's primary function is likely grantmaking, and the ratio of expenses to revenue in recent years (e.g., $377,870 expenses vs. $85,715 revenue in 2023) indicates it is actively distributing funds, often more than it receives in a given year, drawing from its principal.
Transparency is generally good given the availability of 10 years of IRS 990 filings. The consistent reporting of minimal liabilities and zero officer compensation are positive indicators. However, without a detailed functional expense statement, the exact allocation of expenses between program services and administrative overhead remains opaque. The foundation's consistent operation as a private grantmaker suggests its primary 'program' is the distribution of grants, which is a direct fulfillment of its mission.