Pappagallo Family Foundation Trustagreement
Pappagallo Family Foundation maintains stable assets and minimal liabilities with no officer compensation.
EIN: 207393405 · Trumbull, CT · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $156K |
| Total Expenses | $29K |
| Program Spending | 90% |
| Net Assets | $332K |
| Transparency Score | 85/100 |
Is Pappagallo Family Foundation Trustagreement Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pappagallo Family Foundation Trustagreement directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pappagallo Family Foundation Trustagreement
Pappagallo Family Foundation Trustagreement (EIN: 207393405) is a nonprofit organization based in Trumbull, CT, classified under NTEE code T20. The organization reported total revenue of $156K and total assets of $338K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pappagallo Family Foundation Trustagreement's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pappagallo Family Foundation Trustagreement is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $38K |
| Total Expenses | $29K |
| Surplus / Deficit | +$8K |
| Total Assets | $332K |
| Total Liabilities | $1 |
| Net Assets | $332K |
| Operating Margin | 21.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 135.4 months |
Financial Health Grade: A
In 2023, Pappagallo Family Foundation Trustagreement reported a surplus of $8K with revenue exceeding expenses, holds 135.4 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), Pappagallo Family Foundation Trustagreement's revenue has grown at a compound annual growth rate (CAGR) of 5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +623.7% | -5.3% | -1.7% |
| 2022 | -91.1% | -12.0% | -9.7% |
| 2021 | -18.4% | +2.2% | +2.5% |
| 2020 | +300.9% | +26.9% | +17.2% |
| 2019 | -58.8% | -7.9% | +12.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2007 |
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 Pappagallo Family Foundation Trustagreement 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Pappagallo Family Foundation Trustagreement 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 $8K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either unpaid or volunteer-based, which is highly favorable for directing resources to its mission.
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 Pappagallo Family Foundation Trustagreement's IRS 990 filings:
- Fluctuating annual revenue, making future income less predictable.
Strengths
The following positive indicators were identified for Pappagallo Family Foundation Trustagreement:
- Consistent minimal liabilities ($1 reported in most years), indicating strong financial management.
- Zero officer compensation reported across all filings, maximizing funds for mission.
- Healthy asset base relative to annual expenses, providing financial resilience.
- Consistent filing of IRS 990s, demonstrating transparency.
Frequently Asked Questions about Pappagallo Family Foundation Trustagreement
Is Pappagallo Family Foundation Trustagreement a legitimate charity?
Pappagallo Family Foundation Trustagreement (EIN: 207393405) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $156K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Pappagallo Family Foundation Trustagreement spend its money?
Pappagallo Family Foundation Trustagreement directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Pappagallo Family Foundation Trustagreement tax-deductible?
Pappagallo Family Foundation Trustagreement is registered as a tax-exempt nonprofit (EIN: 207393405). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Pappagallo Family Foundation Trustagreement compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Pappagallo Family Foundation Trustagreement 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 Pappagallo Family Foundation Trustagreement located?
Pappagallo Family Foundation Trustagreement is headquartered in Trumbull, Connecticut and files with the IRS under EIN 207393405. It is classified under NTEE code T20.
How many years of IRS 990 filings does Pappagallo Family Foundation Trustagreement have?
Pappagallo Family Foundation Trustagreement 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.
Is Pappagallo Family Foundation Trustagreement financially stable?
Yes, the foundation appears financially stable, consistently maintaining assets over $240,000 and reporting minimal liabilities (often $1) across all filings.
Does the organization pay its officers?
No, the organization consistently reports 0% officer compensation in all available IRS 990 filings.
How has the foundation's revenue trended?
Revenue has fluctuated significantly, from a low of $5,182 in 2022 to a high of $71,415 in 2020, indicating variability in annual funding.
Filing History
IRS 990 filing history for Pappagallo Family Foundation Trustagreement showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Pappagallo Family Foundation Trustagreement's revenue has grown by 86.6%, moving from $20K to $38K. Total assets increased by 36.8% over the same period, from $243K to $332K. Total functional expenses rose by 55%, from $19K to $29K. In its most recent filing year (2023), Pappagallo Family Foundation Trustagreement reported a surplus of $8K, with revenue exceeding expenses. The organization holds $1 in liabilities against $332K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $332K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $38K | $29K | $332K | $1 | — | View 990 |
| 2022 | $5K | $31K | $337K | $1 | — | View 990 |
| 2021 | $58K | $35K | $373K | $1 | — | View 990 |
| 2020 | $71K | $35K | $364K | $1 | — | View 990 |
| 2019 | $18K | $27K | $311K | $0 | — | — |
| 2015 | $43K | $30K | $277K | $1 | — | View 990 |
| 2014 | $35K | $25K | $269K | $1 | — | View 990 |
| 2013 | $28K | $23K | $260K | $1 | — | View 990 |
| 2012 | $28K | $20K | $247K | $1 | — | View 990 |
| 2011 | $20K | $19K | $243K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $38K, expenses of $29K, and assets of $332K (revenue +623.7% year-over-year).
- 2022: Revenue of $5K, expenses of $31K, and assets of $337K (revenue -91.1% year-over-year).
- 2021: Revenue of $58K, expenses of $35K, and assets of $373K (revenue -18.4% year-over-year).
- 2020: Revenue of $71K, expenses of $35K, and assets of $364K (revenue +300.9% year-over-year).
- 2019: Revenue of $18K, expenses of $27K, and assets of $311K (revenue -58.8% year-over-year).
- 2015: Revenue of $43K, expenses of $30K, and assets of $277K (revenue +23.8% year-over-year).
- 2014: Revenue of $35K, expenses of $25K, and assets of $269K (revenue +23.3% year-over-year).
- 2013: Revenue of $28K, expenses of $23K, and assets of $260K (revenue +0.6% year-over-year).
- 2012: Revenue of $28K, expenses of $20K, and assets of $247K (revenue +40.0% year-over-year).
- 2011: Revenue of $20K, expenses of $19K, and assets of $243K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pappagallo Family Foundation Trustagreement:
Data Sources and Methodology
This transparency report for Pappagallo Family Foundation Trustagreement 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.