Calarco Family Foundation Inc
Calarco Family Foundation shows volatile revenue and consistent deficits in recent years.
EIN: 201976848 · Woodbridge, CT · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $281K |
| Total Expenses | $134K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $400,000 |
| Net Assets | $402K |
| Transparency Score | 65/100 |
Search Intent Cockpit
Calarco Family Foundation Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Calarco Family Foundation Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Calarco Family Foundation Inc in one place.
Form 990 Filing Summary
10 filing years are available, with latest revenue of $-7,783 and expenses of $134K.
Revenue and Expenses
Revenue, expense, and surplus data is shown where available from IRS 990 records.
Executive Compensation
Top officer compensation appears as $400,000 in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
65/100 mission score, 4 red flags, and 3 strengths are shown from structured and AI review.
Is Calarco Family Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $94K (70%) |
Across stored filings, Calarco Family Foundation Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 4 red flags identified |
| Mission spend | 70% to programs | Good |
| Financial durability | Grade B | 10 stored filing years |
| Peer context | Compare with Teen Center Of Wilton Inc | Connecticut and Philanthropy context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Keep the Investigation Moving
Calarco Family Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Calarco Family Foundation Inc
Calarco Family Foundation Inc (EIN: 201976848) is a nonprofit organization based in Woodbridge, CT, classified under NTEE code T22. The organization reported total revenue of $281K and total assets of $593K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Calarco Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Calarco Family Foundation Inc is a small nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -119.1% | +58.0% | -25.1% |
| 2022 | +19.2% | -26.6% | -7.5% |
| 2021 | +57.7% | +96.1% | -12.1% |
| 2020 | -22.3% | +894.9% | -5.3% |
| 2019 | +28.7% | -40.9% | +12.6% |
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 Calarco Family Foundation Inc with a Mission Score of 65 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Calarco Family Foundation Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 1.3%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no salaries or other compensation are paid to officers, which is highly favorable for a foundation of its size with assets around $400,000 to $700,000 in recent years.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Calarco Family Foundation Inc's IRS 990 filings:
- Significant negative revenue reported in 202312 ($-7,783).
- Expenses consistently exceed revenue in multiple recent periods (e.g., 202312, 202212, 202112).
- Declining asset base over the long term, from over $1 million to $406,819.
- Lack of detailed expense breakdown in provided data makes spending efficiency difficult to fully assess.
Strengths
The following positive indicators were identified for Calarco Family Foundation Inc:
- Consistent reporting of 0% officer compensation, indicating no executive pay.
- Maintains relatively low liabilities across all reported periods (e.g., $5,200 in 202312).
- Has a substantial asset base ($406,819 in 202312) despite recent declines.
Frequently Asked Questions about Calarco Family Foundation Inc
Is Calarco Family Foundation Inc a legitimate charity?
Calarco Family Foundation Inc (EIN: 201976848) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $281K. 4 red flags identified. 3 strengths noted. Financial health grade: B.
How does Calarco Family Foundation Inc spend its money?
Calarco Family Foundation Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Calarco Family Foundation Inc tax-deductible?
Calarco Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 201976848). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Calarco Family Foundation Inc CEO make?
Calarco Family Foundation Inc's highest-compensated officer earns $400,000 annually. The organization reported $281K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Calarco Family Foundation Inc's spending goes to programs?
Calarco Family Foundation Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Calarco Family Foundation Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Calarco Family 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 Calarco Family Foundation Inc located?
Calarco Family Foundation Inc is headquartered in Woodbridge, Connecticut and files with the IRS under EIN 201976848. It is classified under NTEE code T22.
How many years of IRS 990 filings does Calarco Family Foundation Inc have?
Calarco Family 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 $281K in total revenue.
Is Calarco Family Foundation Inc. financially stable?
The foundation's financial stability is questionable given the significant negative revenue in 202312 ($-7,783) and consistent deficits where expenses frequently exceed revenue in recent years (e.g., 202212 expenses $84,600 vs. revenue $40,763). While assets are substantial, the operational cash flow appears inconsistent.
How does the foundation manage its expenses?
Without a detailed breakdown of expenses beyond total figures, it's difficult to assess specific management. However, the consistent reporting of 0% officer compensation suggests good control over executive costs. The high expense levels relative to revenue in many periods (e.g., $133,701 expenses in 202312) warrant further investigation into the nature of these expenditures.
What is the trend in the foundation's assets?
The foundation's assets have generally been declining from a high of $1,057,156 in 201112 to $406,819 in 202312, with some fluctuations. This downward trend, especially in conjunction with operational deficits, could be a concern for long-term sustainability.
Filing History
IRS 990 filing history for Calarco Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Calarco Family Foundation Inc's revenue has declined by 103.6%, moving from $214K to $-7,783. Total assets decreased by 61.5% over the same period, from $1.1M to $407K. Total functional expenses fell by 45.5%, from $246K to $134K. The organization holds $5K in liabilities against $407K in assets (debt-to-asset ratio: 1.3%), resulting in net assets of $402K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-7,783 | $134K | $407K | $5K | — | View 990 |
| 2022 | $41K | $85K | $543K | $200 | — | View 990 |
| 2021 | $34K | $115K | $587K | $200 | — | View 990 |
| 2020 | $22K | $59K | $668K | $200 | — | — |
| 2019 | $28K | $6K | $705K | $200 | — | View 990 |
| 2015 | $22K | $10K | $627K | $200 | — | View 990 |
| 2014 | $31K | $18K | $615K | $200 | — | View 990 |
| 2013 | $52K | $232K | $602K | $200 | — | View 990 |
| 2012 | $-50,578 | $225K | $782K | $1 | — | View 990 |
| 2011 | $214K | $246K | $1.1M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-7,783, expenses of $134K, and assets of $407K (revenue -119.1% year-over-year).
- 2022: Revenue of $41K, expenses of $85K, and assets of $543K (revenue +19.2% year-over-year).
- 2021: Revenue of $34K, expenses of $115K, and assets of $587K (revenue +57.7% year-over-year).
- 2020: Revenue of $22K, expenses of $59K, and assets of $668K (revenue -22.3% year-over-year).
- 2019: Revenue of $28K, expenses of $6K, and assets of $705K (revenue +28.7% year-over-year).
- 2015: Revenue of $22K, expenses of $10K, and assets of $627K (revenue -29.4% year-over-year).
- 2014: Revenue of $31K, expenses of $18K, and assets of $615K (revenue -40.6% year-over-year).
- 2013: Revenue of $52K, expenses of $232K, and assets of $602K.
- 2012: Revenue of $-50,578, expenses of $225K, and assets of $782K (revenue -123.7% year-over-year).
- 2011: Revenue of $214K, expenses of $246K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Calarco Family Foundation Inc:
Data Sources and Methodology
This transparency report for Calarco Family 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.