Anthony And Margaret Ciorciari Foundation Inc
Small private foundation maintains assets with fluctuating revenue and no officer compensation.
EIN: 203046427 · Reno, NV · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $37K |
| Total Expenses | $5K |
| Program Spending | 60% |
| Net Assets | $78K |
| Transparency Score | 75/100 |
Is Anthony And Margaret Ciorciari Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Anthony And Margaret Ciorciari Foundation Inc directs 60% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Anthony And Margaret Ciorciari Foundation Inc
Anthony And Margaret Ciorciari Foundation Inc (EIN: 203046427) is a nonprofit organization based in Reno, NV, classified under NTEE code T22. The organization reported total revenue of $37K and total assets of $83K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Anthony And Margaret Ciorciari Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Anthony And Margaret Ciorciari Foundation Inc is a micro nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2K |
| Total Expenses | $5K |
| Surplus / Deficit | $-2,205 |
| Total Assets | $78K |
| Total Liabilities | $1 |
| Net Assets | $78K |
| Operating Margin | -91.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 202.4 months |
Financial Health Grade: B
In 2023, Anthony And Margaret Ciorciari Foundation Inc reported a deficit of $2K with expenses exceeding revenue, holds 202.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Anthony And Margaret Ciorciari Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -105.2% | +4.8% | -17.6% |
| 2021 | +18.1% | +15.9% | +5.8% |
| 2020 | +510.2% | -1.9% | +12.2% |
| 2019 | -51.5% | -5.5% | +24.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Anthony And Margaret Ciorciari Foundation Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 40%
- programs: 60%
- fundraising: 0%
According to IRS 990 filings, Anthony And Margaret Ciorciari Foundation Inc allocates its expenses as follows: admin: 40%, programs: 60%, fundraising: 0%. Approximately 60% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based or compensated through other means not classified as officer compensation, which is a positive for resource allocation.
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 Anthony And Margaret Ciorciari Foundation Inc's IRS 990 filings:
- Fluctuating and sometimes negative revenue (e.g., $-1,130 in 2022) could indicate reliance on volatile investment income or inconsistent donations.
- Lack of detailed program spending breakdown in summary data makes it difficult to assess direct charitable impact.
Strengths
The following positive indicators were identified for Anthony And Margaret Ciorciari Foundation Inc:
- Consistent growth in assets from $46,569 in 2011 to $78,026 in 2023, demonstrating financial stewardship.
- Zero officer compensation reported across all filings, indicating volunteer leadership and efficient use of funds.
- Minimal liabilities ($0 or $1) consistently reported, reflecting strong financial stability.
- Low overall expenses (e.g., $4,625 in 2023) relative to assets, suggesting conservative spending.
Frequently Asked Questions about Anthony And Margaret Ciorciari Foundation Inc
Is Anthony And Margaret Ciorciari Foundation Inc a legitimate charity?
Anthony And Margaret Ciorciari Foundation Inc (EIN: 203046427) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $37K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Anthony And Margaret Ciorciari Foundation Inc spend its money?
Anthony And Margaret Ciorciari Foundation Inc directs 60% of its spending to programs and services. This falls below the 65% benchmark.
Are donations to Anthony And Margaret Ciorciari Foundation Inc tax-deductible?
Anthony And Margaret Ciorciari Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203046427). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Anthony And Margaret Ciorciari Foundation Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Anthony And Margaret Ciorciari Foundation Inc is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Anthony And Margaret Ciorciari Foundation Inc located?
Anthony And Margaret Ciorciari Foundation Inc is headquartered in Reno, Nevada and files with the IRS under EIN 203046427. It is classified under NTEE code T22.
How many years of IRS 990 filings does Anthony And Margaret Ciorciari Foundation Inc have?
Anthony And Margaret Ciorciari Foundation Inc has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $37K in total revenue.
What are the specific program activities funded by the Anthony And Margaret Ciorciari Foundation Inc?
The provided IRS 990 data does not detail specific program activities. To understand the foundation's impact, one would need to review the full 990 forms for Schedule I (Grants and Other Assistance to Organizations, Governments, and Individuals in the United States) or Schedule O (Supplemental Information to Form 990).
How does the foundation manage its investment portfolio to generate revenue?
While the foundation's assets have grown, the specific investment strategies are not detailed in the provided summary data. The fluctuating revenue, including negative revenue in 2022, suggests that investment performance may be a significant factor in its financial health.
What is the typical grant size or number of grants issued by the foundation annually?
The summary data does not provide information on grant sizes or the number of grants. This information would typically be found in Schedule I of the full IRS Form 990.
Filing History
IRS 990 filing history for Anthony And Margaret Ciorciari Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Anthony And Margaret Ciorciari Foundation Inc's revenue has grown by 116.7%, moving from $1K to $2K. Total assets increased by 67.5% over the same period, from $47K to $78K. Total functional expenses rose by 26.6%, from $4K to $5K. In its most recent filing year (2023), Anthony And Margaret Ciorciari Foundation Inc reported a deficit of $2K, with expenses exceeding revenue. The organization holds $1 in liabilities against $78K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $78K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2K | $5K | $78K | $1 | — | — |
| 2022 | $-1,130 | $5K | $73K | $1 | — | View 990 |
| 2021 | $22K | $5K | $88K | $1 | — | — |
| 2020 | $19K | $4K | $84K | $1 | — | — |
| 2019 | $3K | $5K | $75K | $0 | — | View 990 |
| 2015 | $6K | $5K | $60K | $0 | — | View 990 |
| 2014 | $1K | $3K | $60K | $0 | — | View 990 |
| 2013 | $1K | $4K | $63K | $0 | — | View 990 |
| 2012 | $11K | $4K | $59K | $0 | — | View 990 |
| 2011 | $1K | $4K | $47K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2K, expenses of $5K, and assets of $78K.
- 2022: Revenue of $-1,130, expenses of $5K, and assets of $73K (revenue -105.2% year-over-year).
- 2021: Revenue of $22K, expenses of $5K, and assets of $88K (revenue +18.1% year-over-year).
- 2020: Revenue of $19K, expenses of $4K, and assets of $84K (revenue +510.2% year-over-year).
- 2019: Revenue of $3K, expenses of $5K, and assets of $75K (revenue -51.5% year-over-year).
- 2015: Revenue of $6K, expenses of $5K, and assets of $60K (revenue +319.6% year-over-year).
- 2014: Revenue of $1K, expenses of $3K, and assets of $60K (revenue +11.8% year-over-year).
- 2013: Revenue of $1K, expenses of $4K, and assets of $63K (revenue -88.1% year-over-year).
- 2012: Revenue of $11K, expenses of $4K, and assets of $59K (revenue +906.7% year-over-year).
- 2011: Revenue of $1K, expenses of $4K, and assets of $47K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Anthony And Margaret Ciorciari Foundation Inc:
Data Sources and Methodology
This transparency report for Anthony And Margaret Ciorciari Foundation Inc 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.