Mascaro Family Foundation
Mascaro Family Foundation experiences significant revenue volatility, with a major surge in 2023.
EIN: 134203614 · Pittsburgh, PA · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.0M |
| Total Expenses | $684K |
| Program Spending | 90% |
| Net Assets | $9.6M |
| Transparency Score | 85/100 |
Is Mascaro Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mascaro Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mascaro Family Foundation
Mascaro Family Foundation (EIN: 134203614) is a nonprofit organization based in Pittsburgh, PA, classified under NTEE code T20. The organization reported total revenue of $5.0M and total assets of $10.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mascaro Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mascaro Family Foundation is a mid-size nonprofit that has been operating for 16 years, with 11 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 42.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12.6M |
| Total Expenses | $684K |
| Surplus / Deficit | +$11.9M |
| Total Assets | $9.6M |
| Total Liabilities | $1 |
| Net Assets | $9.6M |
| Operating Margin | 94.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 167.8 months |
Financial Health Grade: A
In 2023, Mascaro Family Foundation reported a surplus of $11.9M with revenue exceeding expenses, holds 167.8 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 (2010–2023), Mascaro Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 42.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3604.6% | +5.1% | +567.5% |
| 2022 | -27.6% | -2.7% | -17.7% |
| 2021 | +249.7% | +33.5% | -9.2% |
| 2020 | -93.6% | -36.7% | -14.1% |
| 2019 | +333.8% | -3.9% | +488.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
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 Mascaro Family Foundation with a Mission Score of 85 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Mascaro Family Foundation allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. 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 $11.9M, 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 foundation's officers are not compensated, which is a strong positive for financial efficiency and donor trust.
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 Mascaro Family Foundation's IRS 990 filings:
- Highly variable revenue makes long-term financial planning and consistent grantmaking potentially challenging.
- Lack of detailed functional expense breakdown in summary data limits in-depth efficiency analysis.
Strengths
The following positive indicators were identified for Mascaro Family Foundation:
- Zero officer compensation across all reported periods, indicating high efficiency.
- Consistently low liabilities ($1) demonstrating strong financial stability.
- Significant asset growth to $9,560,337 in 2023, providing a strong base for future activities.
- Strong revenue in 2023 ($12,611,232) significantly exceeding expenses ($683,518).
Frequently Asked Questions about Mascaro Family Foundation
Is Mascaro Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Mascaro Family Foundation (EIN: 134203614) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Mascaro Family Foundation spend its money?
Mascaro Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mascaro Family Foundation tax-deductible?
Mascaro Family Foundation is registered as a tax-exempt nonprofit (EIN: 134203614). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Mascaro Family Foundation's spending goes to programs?
Mascaro Family Foundation directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mascaro Family Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Mascaro Family Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mascaro Family Foundation located?
Mascaro Family Foundation is headquartered in Pittsburgh, Pennsylvania and files with the IRS under EIN 134203614. It is classified under NTEE code T20.
How many years of IRS 990 filings does Mascaro Family Foundation have?
Mascaro Family Foundation has 11 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 $5.0M in total revenue.
Is the Mascaro Family Foundation a good charity?
Based on the available data, the Mascaro Family Foundation appears to be a well-managed private foundation with no officer compensation and minimal liabilities. Its financial health is strong, particularly after the significant revenue increase in 2023. However, without detailed program spending information, it's challenging to fully assess its direct impact.
What caused the large revenue increase in 2023?
The provided data does not specify the source of the $12,611,232 revenue in 2023. It could be due to a large donation, investment gains, or a combination of factors. Further investigation into the full 990 filing would be needed to determine the exact cause.
How does the foundation manage its assets?
The foundation's assets have grown significantly, reaching $9,560,337 in 2023. This growth, especially after the 2023 revenue spike, suggests effective asset management, likely through investments, to support its philanthropic activities.
Filing History
IRS 990 filing history for Mascaro Family Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2010–2023), Mascaro Family Foundation's revenue has grown by 9600.9%, moving from $130K to $12.6M. Total assets increased by 9462.2% over the same period, from $100K to $9.6M. Total functional expenses rose by 2176.9%, from $30K to $684K. In its most recent filing year (2023), Mascaro Family Foundation reported a surplus of $11.9M, with revenue exceeding expenses. The organization holds $1 in liabilities against $9.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $9.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12.6M | $684K | $9.6M | $1 | — | — |
| 2022 | $340K | $650K | $1.4M | $1 | — | View 990 |
| 2021 | $470K | $669K | $1.7M | $1 | — | View 990 |
| 2020 | $135K | $501K | $1.9M | $1 | — | View 990 |
| 2019 | $2.1M | $791K | $2.2M | $1 | — | View 990 |
| 2015 | $488K | $823K | $379K | $1 | — | View 990 |
| 2014 | $908K | $272K | $710K | $1 | — | View 990 |
| 2013 | $530K | $537K | $75K | $1 | — | View 990 |
| 2012 | $50K | $47K | $82K | $1 | — | View 990 |
| 2011 | $1 | $21K | $79K | $1 | — | View 990 |
| 2010 | $130K | $30K | $100K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12.6M, expenses of $684K, and assets of $9.6M (revenue +3604.6% year-over-year).
- 2022: Revenue of $340K, expenses of $650K, and assets of $1.4M (revenue -27.6% year-over-year).
- 2021: Revenue of $470K, expenses of $669K, and assets of $1.7M (revenue +249.7% year-over-year).
- 2020: Revenue of $135K, expenses of $501K, and assets of $1.9M (revenue -93.6% year-over-year).
- 2019: Revenue of $2.1M, expenses of $791K, and assets of $2.2M (revenue +333.8% year-over-year).
- 2015: Revenue of $488K, expenses of $823K, and assets of $379K (revenue -46.3% year-over-year).
- 2014: Revenue of $908K, expenses of $272K, and assets of $710K (revenue +71.3% year-over-year).
- 2013: Revenue of $530K, expenses of $537K, and assets of $75K (revenue +960.0% year-over-year).
- 2012: Revenue of $50K, expenses of $47K, and assets of $82K (revenue +4999900.0% year-over-year).
- 2011: Revenue of $1, expenses of $21K, and assets of $79K (revenue -100.0% year-over-year).
- 2010: Revenue of $130K, expenses of $30K, and assets of $100K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mascaro Family Foundation:
Data Sources and Methodology
This transparency report for Mascaro 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.