Pascucci Family Foundation
Pascucci Family Foundation shows recent revenue growth and asset accumulation with no reported officer compensation.
EIN: 113346466 · Melville, NY · NTEE: T22Z · Updated: 2026-03-28
Is Pascucci Family Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pascucci Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pascucci Family Foundation
Pascucci Family Foundation (EIN: 113346466) is a nonprofit organization based in Melville, NY, classified under NTEE code T22Z. The organization reported total revenue of $2.9M and total assets of $576K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pascucci Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pascucci Family Foundation is a mid-size nonprofit that has been operating for 29 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.4M |
| Total Expenses | $2.1M |
| Surplus / Deficit | +$306K |
| Total Assets | $464K |
| Total Liabilities | $6K |
| Net Assets | $457K |
| Operating Margin | 12.6% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 2.6 months |
Financial Health Grade: A
In 2023, Pascucci Family Foundation reported a surplus of $306K with revenue exceeding expenses, holds 2.6 months of operating reserves (limited), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Pascucci Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 6.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.4% | -3.7% | +183.9% |
| 2022 | +55.3% | +6.0% | +314.3% |
| 2021 | -45.6% | -6.1% | -93.3% |
| 2020 | +13791.8% | +5644.0% | +2713.6% |
| 2019 | -96.5% | -96.6% | -99.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
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 Pascucci 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Pascucci Family Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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 $306K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.4%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation directly from the foundation, which is highly favorable for a foundation of its size with recent revenues exceeding $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 Pascucci Family Foundation:
- Consistent 0% officer compensation across all filings, indicating efficient use of funds at the executive level.
- Significant growth in assets from $39,414 in 2021 to $463,624 in 2023, demonstrating improved financial stability.
- Sustained high revenue generation in recent years, exceeding $2 million in both 2022 and 2023.
- Positive net income in recent periods (e.g., $2,425,293 revenue vs. $2,119,604 expenses in 2023).
Frequently Asked Questions about Pascucci Family Foundation
Is Pascucci Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Pascucci Family Foundation (EIN: 113346466) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Pascucci Family Foundation spend its money?
Pascucci Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Pascucci Family Foundation tax-deductible?
Pascucci Family Foundation is registered as a tax-exempt nonprofit (EIN: 113346466). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Pascucci Family Foundation a good charity?
Based on the available data, the Pascucci Family Foundation appears to be a well-managed private foundation. Its consistent 0% officer compensation and recent growth in assets and revenue are positive indicators. However, as a grantmaking foundation, its 'goodness' largely depends on the impact and effectiveness of the grants it distributes, which is not detailed in this financial summary.
What is the trend in the foundation's financial health?
The foundation's financial health has shown significant improvement in recent years. After a period of lower assets and fluctuating revenues, the foundation has consistently generated over $2 million in revenue in 2022 and 2023, with assets growing from $39,414 in 2021 to $463,624 in 2023, indicating a strong upward trend in financial stability.
How does the foundation manage its administrative costs?
While specific administrative cost percentages are not provided in the summary, the consistent reporting of 0% officer compensation suggests a lean operational structure at the executive level. Given its nature as a private grantmaking foundation, it likely maintains relatively low administrative overhead compared to direct service charities.
Filing History
IRS 990 filing history for Pascucci Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Pascucci Family Foundation's revenue has grown by 109.8%, moving from $1.2M to $2.4M. Total assets decreased by 89.3% over the same period, from $4.3M to $464K. Total functional expenses rose by 2071.6%, from $98K to $2.1M. In its most recent filing year (2023), Pascucci Family Foundation reported a surplus of $306K, with revenue exceeding expenses. The organization holds $6K in liabilities against $464K in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $457K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.4M | $2.1M | $464K | $6K | — | View 990 |
| 2022 | $2.3M | $2.2M | $163K | $12K | — | View 990 |
| 2021 | $1.5M | $2.1M | $39K | $32K | — | View 990 |
| 2020 | $2.8M | $2.2M | $592K | $18K | — | View 990 |
| 2019 | $20K | $39K | $21K | $11K | — | View 990 |
| 2015 | $576K | $1.1M | $3.8M | $2.0M | — | View 990 |
| 2014 | $47K | $79K | $4.8M | $3.0M | — | View 990 |
| 2013 | $75K | $76K | $4.6M | $4K | — | View 990 |
| 2012 | $14K | $55K | $4.5M | $12K | — | View 990 |
| 2011 | $1.2M | $98K | $4.3M | $23K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.4M, expenses of $2.1M, and assets of $464K (revenue +3.4% year-over-year).
- 2022: Revenue of $2.3M, expenses of $2.2M, and assets of $163K (revenue +55.3% year-over-year).
- 2021: Revenue of $1.5M, expenses of $2.1M, and assets of $39K (revenue -45.6% year-over-year).
- 2020: Revenue of $2.8M, expenses of $2.2M, and assets of $592K (revenue +13791.8% year-over-year).
- 2019: Revenue of $20K, expenses of $39K, and assets of $21K (revenue -96.5% year-over-year).
- 2015: Revenue of $576K, expenses of $1.1M, and assets of $3.8M (revenue +1130.6% year-over-year).
- 2014: Revenue of $47K, expenses of $79K, and assets of $4.8M (revenue -37.8% year-over-year).
- 2013: Revenue of $75K, expenses of $76K, and assets of $4.6M (revenue +427.1% year-over-year).
- 2012: Revenue of $14K, expenses of $55K, and assets of $4.5M (revenue -98.8% year-over-year).
- 2011: Revenue of $1.2M, expenses of $98K, and assets of $4.3M.
Data Sources and Methodology
This transparency report for Pascucci 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.