Bellucci Depaoli Family Foundation
Bellucci Depaoli Family Foundation maintains strong assets and zero officer compensation amidst fluctuating revenues.
EIN: 133944033 · Gainesville, FL · NTEE: T50Z · Updated: 2026-03-28
Is Bellucci Depaoli Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bellucci Depaoli Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bellucci Depaoli Family Foundation
Bellucci Depaoli Family Foundation (EIN: 133944033) is a nonprofit organization based in Gainesville, FL, classified under NTEE code T50Z. The organization reported total revenue of $2.9M and total assets of $8.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bellucci Depaoli Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bellucci Depaoli Family Foundation is a mid-size nonprofit that has been operating for 28 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 210.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $812K |
| Total Expenses | $836K |
| Surplus / Deficit | $-23,677 |
| Total Assets | $9.0M |
| Total Liabilities | $1 |
| Net Assets | $9.0M |
| Operating Margin | -2.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 129.4 months |
Financial Health Grade: B
In 2023, Bellucci Depaoli Family Foundation reported a deficit of $24K with expenses exceeding revenue, holds 129.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Bellucci Depaoli Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 210.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -58.1% | +74.1% | -0.3% |
| 2022 | +238.6% | -30.5% | +19.2% |
| 2021 | +26.4% | -30.3% | -1.3% |
| 2020 | -47.6% | +121.6% | -6.5% |
| 2019 | -86.8% | +96.2% | -14.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
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 Bellucci Depaoli Family Foundation with a Mission Score of 90 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Bellucci Depaoli Family Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $24K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no salaries are paid to officers, which is highly favorable for a foundation of its asset size ($9,016,117 in 202312).
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 Bellucci Depaoli Family Foundation's IRS 990 filings:
- Significant year-over-year revenue fluctuations, indicating potential reliance on unpredictable funding sources.
Strengths
The following positive indicators were identified for Bellucci Depaoli Family Foundation:
- Consistent 0% officer compensation across all filings, maximizing funds for mission.
- Strong and growing asset base, reaching $9,016,117 in 202312.
- Extremely low liabilities ($1 in recent years), indicating strong financial health and minimal debt.
- Consistent IRS 990 filing history (11 filings), demonstrating transparency.
Frequently Asked Questions about Bellucci Depaoli Family Foundation
Is Bellucci Depaoli Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Bellucci Depaoli Family Foundation (EIN: 133944033) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Bellucci Depaoli Family Foundation spend its money?
Bellucci Depaoli Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bellucci Depaoli Family Foundation tax-deductible?
Bellucci Depaoli Family Foundation is registered as a tax-exempt nonprofit (EIN: 133944033). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Bellucci Depaoli Family Foundation a good charity?
Based on the provided data, the Bellucci Depaoli Family Foundation appears to be a good charity due to its strong asset base ($9,016,117 in 202312), extremely low liabilities ($1 in recent years), and a consistent record of 0% officer compensation, indicating that funds are not being used for executive salaries.
How does the foundation manage its expenses relative to its revenue?
The foundation's expenses have varied relative to its revenue. In some years, like 202212, revenue ($1,938,551) significantly exceeded expenses ($480,148), leading to asset growth. In other years, such as 202312, expenses ($835,931) slightly surpassed revenue ($812,254), resulting in a minor draw on assets.
What is the trend in the foundation's assets?
The foundation's assets have shown significant growth over time, from $21,596 in 201212 to $9,016,117 in 202312, with some fluctuations. This indicates effective asset management and accumulation over the long term.
Filing History
IRS 990 filing history for Bellucci Depaoli Family Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Bellucci Depaoli Family Foundation's revenue has grown by 81225300%, moving from $1 to $812K. Total assets increased by 39909.4% over the same period, from $23K to $9.0M. Total functional expenses rose by 83077.2%, from $1K to $836K. In its most recent filing year (2023), Bellucci Depaoli Family Foundation reported a deficit of $24K, with expenses exceeding revenue. The organization holds $1 in liabilities against $9.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $9.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $812K | $836K | $9.0M | $1 | — | View 990 |
| 2022 | $1.9M | $480K | $9.0M | $1 | — | View 990 |
| 2021 | $572K | $691K | $7.6M | $1 | — | View 990 |
| 2020 | $453K | $991K | $7.7M | $1 | — | — |
| 2019 | $865K | $447K | $8.2M | $1 | — | — |
| 2018 | $6.6M | $228K | $9.6M | $1 | — | View 990 |
| 2015 | $972K | $149K | $3.4M | $84K | — | View 990 |
| 2014 | $919K | $71K | $2.5M | $1 | — | View 990 |
| 2013 | $1.6M | $2K | $1.6M | $1 | — | View 990 |
| 2012 | $0 | $939 | $22K | $0 | — | View 990 |
| 2011 | $1 | $1K | $23K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $812K, expenses of $836K, and assets of $9.0M (revenue -58.1% year-over-year).
- 2022: Revenue of $1.9M, expenses of $480K, and assets of $9.0M (revenue +238.6% year-over-year).
- 2021: Revenue of $572K, expenses of $691K, and assets of $7.6M (revenue +26.4% year-over-year).
- 2020: Revenue of $453K, expenses of $991K, and assets of $7.7M (revenue -47.6% year-over-year).
- 2019: Revenue of $865K, expenses of $447K, and assets of $8.2M (revenue -86.8% year-over-year).
- 2018: Revenue of $6.6M, expenses of $228K, and assets of $9.6M (revenue +575.8% year-over-year).
- 2015: Revenue of $972K, expenses of $149K, and assets of $3.4M (revenue +5.7% year-over-year).
- 2014: Revenue of $919K, expenses of $71K, and assets of $2.5M (revenue -42.6% year-over-year).
- 2013: Revenue of $1.6M, expenses of $2K, and assets of $1.6M.
- 2012: Revenue of $0, expenses of $939, and assets of $22K (revenue -100.0% year-over-year).
- 2011: Revenue of $1, expenses of $1K, and assets of $23K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bellucci Depaoli Family Foundation:
Data Sources and Methodology
This transparency report for Bellucci Depaoli 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.