Dagostino Family Foundation
Dagostino Family Foundation maintains strong assets and zero officer compensation, consistently funding its mission.
EIN: 206745445 · Westport, CT · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $128K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $1.9M |
| Transparency Score | 92/100 |
Is Dagostino Family Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Dagostino Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Dagostino Family Foundation
Dagostino Family Foundation (EIN: 206745445) is a nonprofit organization based in Westport, CT, classified under NTEE code T22. The organization reported total revenue of $1.3M and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dagostino Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dagostino Family Foundation is a mid-size nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $217K |
| Total Expenses | $128K |
| Surplus / Deficit | +$89K |
| Total Assets | $1.9M |
| Total Liabilities | $1 |
| Net Assets | $1.9M |
| Operating Margin | 40.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 182.8 months |
Financial Health Grade: A
In 2023, Dagostino Family Foundation reported a surplus of $89K with revenue exceeding expenses, holds 182.8 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), Dagostino Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 5.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -47.0% | +10.5% | +4.8% |
| 2022 | +116.0% | -59.3% | +18.8% |
| 2021 | +138.5% | +121.2% | -5.7% |
| 2020 | -35.6% | -1.8% | -2.2% |
| 2019 | -44.9% | +3.1% | +5.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Dagostino Family Foundation with a Mission Score of 92 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, Dagostino 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $89K, 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 the organization's leadership is either entirely volunteer-based or compensated through other entities, which is highly efficient for an organization of its size with assets nearing $2 million.
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 Dagostino Family Foundation:
- Consistent asset growth, from $1,495,494 in 2011 to $1,949,733 in 2023.
- Zero officer compensation reported across all filings, indicating high efficiency.
- Minimal liabilities, consistently reported as $1, demonstrating strong financial health.
- Stable expense levels, generally between $115,000 and $130,000 annually, allowing for asset accumulation.
- Strong program focus implied by NTEE code T22 (Private Grantmaking Foundations) and low overhead.
Frequently Asked Questions about Dagostino Family Foundation
Is Dagostino Family Foundation a legitimate charity?
Dagostino Family Foundation (EIN: 206745445) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 92/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.3M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Dagostino Family Foundation spend its money?
Dagostino Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Dagostino Family Foundation tax-deductible?
Dagostino Family Foundation is registered as a tax-exempt nonprofit (EIN: 206745445). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Dagostino Family Foundation CEO make?
Dagostino Family Foundation's highest-compensated officer earns $2 annually. The organization reported $1.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Dagostino Family Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Dagostino Family Foundation 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 Dagostino Family Foundation located?
Dagostino Family Foundation is headquartered in Westport, Connecticut and files with the IRS under EIN 206745445. It is classified under NTEE code T22.
How many years of IRS 990 filings does Dagostino Family Foundation have?
Dagostino Family Foundation 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 $1.3M in total revenue.
Is the Dagostino Family Foundation financially stable?
Yes, the foundation is financially stable, consistently growing its assets from $1,495,494 in 2011 to $1,949,733 in 2023, while maintaining minimal liabilities.
How much does the foundation spend on executive salaries?
The foundation reports 0% officer compensation across all available filings, indicating no direct executive salaries are paid from the organization's funds.
What is the trend in the foundation's revenue and expenses?
Revenue has fluctuated significantly year-to-year (e.g., $79,429 in 2020 to $409,187 in 2022), while expenses have remained relatively stable, typically between $115,000 and $130,000, except for a higher expense year in 2021 ($284,535).
Does the foundation have significant debt?
No, the foundation consistently reports minimal liabilities, often as low as $1, indicating a very healthy and debt-free financial position.
Filing History
IRS 990 filing history for Dagostino Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Dagostino Family Foundation's revenue has grown by 80.6%, moving from $120K to $217K. Total assets increased by 30.4% over the same period, from $1.5M to $1.9M. Total functional expenses rose by 2.1%, from $125K to $128K. In its most recent filing year (2023), Dagostino Family Foundation reported a surplus of $89K, with revenue exceeding expenses. The organization holds $1 in liabilities against $1.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $217K | $128K | $1.9M | $1 | — | View 990 |
| 2022 | $409K | $116K | $1.9M | $1 | — | View 990 |
| 2021 | $189K | $285K | $1.6M | $1 | — | View 990 |
| 2020 | $79K | $129K | $1.7M | $1 | — | — |
| 2019 | $123K | $131K | $1.7M | $1 | — | View 990 |
| 2015 | $224K | $127K | $1.6M | $0 | — | View 990 |
| 2014 | $178K | $128K | $1.5M | $0 | — | View 990 |
| 2013 | $218K | $119K | $1.5M | $1 | — | View 990 |
| 2012 | $73K | $111K | $1.5M | $1 | — | View 990 |
| 2011 | $120K | $125K | $1.5M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $217K, expenses of $128K, and assets of $1.9M (revenue -47.0% year-over-year).
- 2022: Revenue of $409K, expenses of $116K, and assets of $1.9M (revenue +116.0% year-over-year).
- 2021: Revenue of $189K, expenses of $285K, and assets of $1.6M (revenue +138.5% year-over-year).
- 2020: Revenue of $79K, expenses of $129K, and assets of $1.7M (revenue -35.6% year-over-year).
- 2019: Revenue of $123K, expenses of $131K, and assets of $1.7M (revenue -44.9% year-over-year).
- 2015: Revenue of $224K, expenses of $127K, and assets of $1.6M (revenue +25.7% year-over-year).
- 2014: Revenue of $178K, expenses of $128K, and assets of $1.5M (revenue -18.3% year-over-year).
- 2013: Revenue of $218K, expenses of $119K, and assets of $1.5M (revenue +197.1% year-over-year).
- 2012: Revenue of $73K, expenses of $111K, and assets of $1.5M (revenue -38.9% year-over-year).
- 2011: Revenue of $120K, expenses of $125K, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dagostino Family Foundation:
Data Sources and Methodology
This transparency report for Dagostino 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.