Charles A Mastronardi Charitable Foundation
Charles A Mastronardi Charitable Foundation consistently spends over $1 million annually on programs with no reported officer compensation.
EIN: 136167916 · Wilmington, DE · Updated: 2026-03-28
Is Charles A Mastronardi Charitable Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Charles A Mastronardi Charitable Foundation directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Charles A Mastronardi Charitable Foundation
Charles A Mastronardi Charitable Foundation (EIN: 136167916) is a nonprofit organization based in Wilmington, DE. The organization reported total revenue of $6.2M and total assets of $16.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Charles A Mastronardi Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Charles A Mastronardi Charitable Foundation is a mid-size nonprofit that has been operating for 62 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$202K |
| Total Assets | $16.3M |
| Total Liabilities | $1 |
| Net Assets | $16.3M |
| Operating Margin | 14.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 164.6 months |
Financial Health Grade: A
In 2023, Charles A Mastronardi Charitable Foundation reported a surplus of $202K with revenue exceeding expenses, holds 164.6 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), Charles A Mastronardi Charitable Foundation's revenue has grown at a compound annual growth rate (CAGR) of 3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +108.0% | -13.2% | +1.2% |
| 2022 | -61.7% | +14.5% | -4.1% |
| 2021 | +90.8% | +3.2% | +3.4% |
| 2020 | +39.0% | -2.3% | -1.0% |
| 2019 | -5.5% | -14.2% | -7.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1964 |
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 Charles A Mastronardi Charitable Foundation with a Mission Score of 95 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: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Charles A Mastronardi Charitable Foundation allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% 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 surplus of $202K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly efficient for a charitable foundation of this 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.
Strengths
The following positive indicators were identified for Charles A Mastronardi Charitable Foundation:
- Zero reported officer compensation, indicating high efficiency and direct allocation of funds to programs.
- Consistent annual spending on charitable activities, typically over $1 million, demonstrating sustained impact.
- Stable asset base (over $16 million) providing long-term financial security for its mission.
- Minimal liabilities (consistently $0 or $1), indicating strong financial management and no significant debt.
- Consistent IRS 990 filing history, demonstrating transparency and compliance.
Frequently Asked Questions about Charles A Mastronardi Charitable Foundation
Is Charles A Mastronardi Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Charles A Mastronardi Charitable Foundation (EIN: 136167916) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Charles A Mastronardi Charitable Foundation spend its money?
Charles A Mastronardi Charitable Foundation directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Charles A Mastronardi Charitable Foundation tax-deductible?
Charles A Mastronardi Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 136167916). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Charles A Mastronardi Charitable Foundation a good charity?
Based on the provided data, the Charles A Mastronardi Charitable Foundation appears to be a very good charity. It consistently spends over $1 million annually on its mission, maintains a strong asset base, and reports no officer compensation, indicating high efficiency and dedication to its charitable purpose.
How does the foundation manage its administrative costs?
The foundation appears to manage administrative costs exceptionally well, as evidenced by the consistent reporting of 0% officer compensation across all filings. This suggests that either administrative functions are performed by volunteers, or the costs are minimal and absorbed within other operational categories without executive salaries.
What is the trend in the foundation's assets?
The foundation's assets have remained remarkably stable over the past decade, generally fluctuating between $16 million and $18 million. For example, assets were $17,260,625 in 2011 and $16,346,528 in the latest period, demonstrating a consistent financial base.
Filing History
IRS 990 filing history for Charles A Mastronardi Charitable Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Charles A Mastronardi Charitable Foundation's revenue has grown by 43.3%, moving from $968K to $1.4M. Total assets decreased by 5.8% over the same period, from $17.3M to $16.3M. Total functional expenses fell by 6.8%, from $1.3M to $1.2M. In its most recent filing year (2023), Charles A Mastronardi Charitable Foundation reported a surplus of $202K, with revenue exceeding expenses. The organization holds $1 in liabilities against $16.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $16.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.2M | $16.3M | $1 | — | View 990 |
| 2022 | $667K | $1.4M | $16.1M | $1 | — | View 990 |
| 2021 | $1.7M | $1.2M | $16.8M | $1 | — | — |
| 2020 | $913K | $1.2M | $16.2M | $1 | — | — |
| 2019 | $657K | $1.2M | $16.4M | $0 | — | View 990 |
| 2015 | $695K | $1.4M | $17.7M | $0 | — | View 990 |
| 2014 | $2.2M | $1.3M | $18.4M | $0 | — | View 990 |
| 2013 | $1.4M | $1.2M | $17.5M | $0 | — | View 990 |
| 2012 | $1.3M | $1.2M | $17.3M | $0 | — | View 990 |
| 2011 | $968K | $1.3M | $17.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.2M, and assets of $16.3M (revenue +108.0% year-over-year).
- 2022: Revenue of $667K, expenses of $1.4M, and assets of $16.1M (revenue -61.7% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.2M, and assets of $16.8M (revenue +90.8% year-over-year).
- 2020: Revenue of $913K, expenses of $1.2M, and assets of $16.2M (revenue +39.0% year-over-year).
- 2019: Revenue of $657K, expenses of $1.2M, and assets of $16.4M (revenue -5.5% year-over-year).
- 2015: Revenue of $695K, expenses of $1.4M, and assets of $17.7M (revenue -68.4% year-over-year).
- 2014: Revenue of $2.2M, expenses of $1.3M, and assets of $18.4M (revenue +57.9% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.2M, and assets of $17.5M (revenue +10.8% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.2M, and assets of $17.3M (revenue +29.8% year-over-year).
- 2011: Revenue of $968K, expenses of $1.3M, and assets of $17.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Charles A Mastronardi Charitable Foundation:
Data Sources and Methodology
This transparency report for Charles A Mastronardi Charitable 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.