Allan And Patricia Boscacci Family Foundation
Allan And Patricia Boscacci Family Foundation shows significant asset growth and no officer compensation, with recent deficit spending.
EIN: 202407119 · Lafayette, CA · NTEE: T22 · Updated: 2026-03-28
Is Allan And Patricia Boscacci Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Allan And Patricia Boscacci Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Allan And Patricia Boscacci Family Foundation
Allan And Patricia Boscacci Family Foundation (EIN: 202407119) is a nonprofit organization based in Lafayette, CA, classified under NTEE code T22. The organization reported total revenue of $24.0M and total assets of $26.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Allan And Patricia Boscacci Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Allan And Patricia Boscacci Family Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Allan And Patricia Boscacci Family Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, directors, trustees, or key employees, which is highly favorable for a foundation of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Allan And Patricia Boscacci Family Foundation's IRS 990 filings:
- Recent deficit spending (expenses exceeding revenue) in Period 202406 ($1,026,493 expenses vs. $482,833 revenue).
Strengths
The following positive indicators were identified for Allan And Patricia Boscacci Family Foundation:
- Consistent 0% officer compensation across all filings, indicating low administrative overhead related to executive pay.
- Significant asset growth from $521,997 in 2012 to $26,067,361 currently, demonstrating strong financial management.
- Consistent filing of IRS Form 990s, indicating good transparency.
- As a private foundation, its primary function is grantmaking, directly supporting other charitable activities.
Frequently Asked Questions about Allan And Patricia Boscacci Family Foundation
Is Allan And Patricia Boscacci Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Allan And Patricia Boscacci Family Foundation (EIN: 202407119) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Allan And Patricia Boscacci Family Foundation spend its money?
Allan And Patricia Boscacci Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Allan And Patricia Boscacci Family Foundation tax-deductible?
Allan And Patricia Boscacci Family Foundation is registered as a tax-exempt nonprofit (EIN: 202407119). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Allan And Patricia Boscacci Family Foundation a good charity?
As a private grantmaking foundation, its 'goodness' is primarily measured by its grantmaking impact and efficiency. The foundation shows strong financial management with significant asset growth and no executive compensation, suggesting a focus on its mission. Its consistent grantmaking (implied by expenses) and lack of officer compensation are positive indicators.
What is the primary purpose of this organization?
Based on its NTEE code T22, the Allan And Patricia Boscacci Family Foundation is a private grantmaking foundation, meaning its primary purpose is to provide financial grants to other charitable organizations or individuals to support various causes.
How has the foundation's financial health changed over time?
The foundation's assets have grown substantially from $521,997 in 2012 to $26,067,361 currently, indicating robust financial growth and asset management. Revenue and expenses have fluctuated, with recent periods showing expenses exceeding revenue, which is not uncommon for foundations drawing from their endowment.
Does the foundation spend efficiently?
The foundation appears to spend efficiently in terms of administrative overhead, as evidenced by 0% officer compensation. Without detailed expense breakdowns beyond the summary, it's difficult to precisely quantify program spending efficiency, but the lack of executive salaries is a strong positive indicator.
Filing History
IRS 990 filing history for Allan And Patricia Boscacci Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Allan And Patricia Boscacci Family Foundation's revenue has grown by 57.5%, moving from $307K to $483K. Total assets increased by 922.9% over the same period, from $522K to $5.3M. Total functional expenses rose by 3008.7%, from $33K to $1.0M. In its most recent filing year (2024), Allan And Patricia Boscacci Family Foundation reported a deficit of $544K, with expenses exceeding revenue. The organization holds $41K in liabilities against $5.3M in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $5.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $483K | $1.0M | $5.3M | $41K | — | — |
| 2023 | $467K | $446K | $5.9M | $39K | — | View 990 |
| 2022 | $463K | $383K | $5.9M | $39K | — | View 990 |
| 2021 | $461K | $418K | $5.8M | $39K | — | View 990 |
| 2020 | $455K | $387K | $5.7M | $47K | — | View 990 |
| 2016 | $1.1M | $180K | $1.9M | $1 | — | View 990 |
| 2015 | $55K | $60K | $945K | $1 | — | View 990 |
| 2014 | $79K | $270K | $950K | $1 | — | View 990 |
| 2013 | $905K | $286K | $1.1M | $1 | — | View 990 |
| 2012 | $307K | $33K | $522K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $483K, expenses of $1.0M, and assets of $5.3M (revenue +3.5% year-over-year).
- 2023: Revenue of $467K, expenses of $446K, and assets of $5.9M (revenue +0.7% year-over-year).
- 2022: Revenue of $463K, expenses of $383K, and assets of $5.9M (revenue +0.5% year-over-year).
- 2021: Revenue of $461K, expenses of $418K, and assets of $5.8M (revenue +1.4% year-over-year).
- 2020: Revenue of $455K, expenses of $387K, and assets of $5.7M (revenue -60.1% year-over-year).
- 2016: Revenue of $1.1M, expenses of $180K, and assets of $1.9M (revenue +1965.4% year-over-year).
- 2015: Revenue of $55K, expenses of $60K, and assets of $945K (revenue -29.9% year-over-year).
- 2014: Revenue of $79K, expenses of $270K, and assets of $950K (revenue -91.3% year-over-year).
- 2013: Revenue of $905K, expenses of $286K, and assets of $1.1M (revenue +195.1% year-over-year).
- 2012: Revenue of $307K, expenses of $33K, and assets of $522K.
Data Sources and Methodology
This transparency report for Allan And Patricia Boscacci Family Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.