Nicholas J Caldarone Foundation
EIN: 50467833 · Johnston, RI
| Metric | Value |
|---|---|
| Total Revenue | $156K |
| Total Expenses | $32K |
| Net Assets | $314K |
Is Nicholas J Caldarone Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Nicholas J Caldarone Foundation
Nicholas J Caldarone Foundation (EIN: 50467833) is a nonprofit organization based in Johnston, RI. The organization reported total revenue of $156K and total assets of $287K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nicholas J Caldarone Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nicholas J Caldarone Foundation is a small nonprofit that has been operating for 33 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -11.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $5K |
| Total Expenses | $32K |
| Surplus / Deficit | $-26,527 |
| Total Assets | $314K |
| Total Liabilities | $1 |
| Net Assets | $314K |
| Operating Margin | -501.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 118.2 months |
Financial Health Grade: B
In 2024, Nicholas J Caldarone Foundation reported a deficit of $27K with expenses exceeding revenue, holds 118.2 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 (2012–2024), Nicholas J Caldarone Foundation's revenue has declined at a compound annual growth rate (CAGR) of -11.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +559.3% | -7.4% | -7.8% |
| 2023 | -76.7% | -5.0% | -9.0% |
| 2022 | -9.8% | -1.1% | -8.0% |
| 2021 | -19.5% | -18.6% | -7.4% |
| 2020 | -64.4% | -20.7% | -29.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Nicholas J Caldarone Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Nicholas J Caldarone Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $27K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Nicholas J Caldarone Foundation
Is Nicholas J Caldarone Foundation a legitimate charity?
Nicholas J Caldarone Foundation (EIN: 50467833) is a registered tax-exempt nonprofit based in Rhode Island. It has 10 years of IRS 990 filings on record. Total revenue: $156K. No red flags identified. Financial health grade: B.
How does Nicholas J Caldarone Foundation spend its money?
Nicholas J Caldarone Foundation reported $156K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Nicholas J Caldarone Foundation tax-deductible?
Nicholas J Caldarone Foundation is registered as a tax-exempt nonprofit (EIN: 50467833). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Nicholas J Caldarone Foundation located?
Nicholas J Caldarone Foundation is headquartered in Johnston, Rhode Island and files with the IRS under EIN 50467833.
How many years of IRS 990 filings does Nicholas J Caldarone Foundation have?
Nicholas J Caldarone 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 $156K in total revenue.
Filing History
IRS 990 filing history for Nicholas J Caldarone Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Nicholas J Caldarone Foundation's revenue has declined by 77.1%, moving from $23K to $5K. Total assets decreased by 61.5% over the same period, from $814K to $314K. Total functional expenses fell by 55.8%, from $72K to $32K. In its most recent filing year (2024), Nicholas J Caldarone Foundation reported a deficit of $27K, with expenses exceeding revenue. The organization holds $1 in liabilities against $314K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $314K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $5K | $32K | $314K | $1 | — | — |
| 2023 | $803 | $34K | $340K | $1 | — | View 990 |
| 2022 | $3K | $36K | $374K | $1 | — | — |
| 2021 | $4K | $37K | $406K | $1 | — | View 990 |
| 2020 | $5K | $45K | $439K | $0 | — | View 990 |
| 2016 | $13K | $57K | $621K | $0 | — | View 990 |
| 2015 | $14K | $61K | $665K | $0 | — | View 990 |
| 2014 | $11K | $64K | $711K | $0 | — | View 990 |
| 2013 | $20K | $71K | $763K | $0 | — | View 990 |
| 2012 | $23K | $72K | $814K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $5K, expenses of $32K, and assets of $314K (revenue +559.3% year-over-year).
- 2023: Revenue of $803, expenses of $34K, and assets of $340K (revenue -76.7% year-over-year).
- 2022: Revenue of $3K, expenses of $36K, and assets of $374K (revenue -9.8% year-over-year).
- 2021: Revenue of $4K, expenses of $37K, and assets of $406K (revenue -19.5% year-over-year).
- 2020: Revenue of $5K, expenses of $45K, and assets of $439K (revenue -64.4% year-over-year).
- 2016: Revenue of $13K, expenses of $57K, and assets of $621K (revenue -7.6% year-over-year).
- 2015: Revenue of $14K, expenses of $61K, and assets of $665K (revenue +28.5% year-over-year).
- 2014: Revenue of $11K, expenses of $64K, and assets of $711K (revenue -43.5% year-over-year).
- 2013: Revenue of $20K, expenses of $71K, and assets of $763K (revenue -13.9% year-over-year).
- 2012: Revenue of $23K, expenses of $72K, and assets of $814K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nicholas J Caldarone Foundation:
Data Sources and Methodology
This transparency report for Nicholas J Caldarone 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.