Ralph R Papitto And Barbara A Papitto Private Family Foundation
EIN: 854150612 · Providence, RI · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $20.2M |
| Total Expenses | $25.6M |
| Net Assets | $18.6M |
Is Ralph R Papitto And Barbara A Papitto Private Family Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ralph R Papitto And Barbara A Papitto Private Family Foundation
Ralph R Papitto And Barbara A Papitto Private Family Foundation (EIN: 854150612) is a nonprofit organization based in Providence, RI, classified under NTEE code T20. The organization reported total revenue of $20.2M and total assets of $6.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ralph R Papitto And Barbara A Papitto Private Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ralph R Papitto And Barbara A Papitto Private Family Foundation is a large nonprofit that has been operating for 4 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of -37.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $17.5M |
| Total Expenses | $25.6M |
| Surplus / Deficit | $-8,138,875 |
| Total Assets | $18.6M |
| Total Liabilities | $1 |
| Net Assets | $18.6M |
| Operating Margin | -46.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 8.7 months |
Financial Health Grade: B
In 2023, Ralph R Papitto And Barbara A Papitto Private Family Foundation reported a deficit of $8.1M with expenses exceeding revenue, holds 8.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 3 years of filings (2021–2023), Ralph R Papitto And Barbara A Papitto Private Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -37.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -51.0% | +10.3% | -31.3% |
| 2022 | -20.4% | +57.8% | +34.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ralph R Papitto And Barbara A Papitto Private Family 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 Ralph R Papitto And Barbara A Papitto Private Family 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $8.1M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Ralph R Papitto And Barbara A Papitto Private Family Foundation
Is Ralph R Papitto And Barbara A Papitto Private Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Ralph R Papitto And Barbara A Papitto Private Family Foundation (EIN: 854150612) insufficient data. 0 red flags identified, 0 strengths noted.
How does Ralph R Papitto And Barbara A Papitto Private Family Foundation spend its money?
Detailed spending breakdown data is not yet available for Ralph R Papitto And Barbara A Papitto Private Family Foundation. Check back for updated IRS 990 analysis.
Are donations to Ralph R Papitto And Barbara A Papitto Private Family Foundation tax-deductible?
Ralph R Papitto And Barbara A Papitto Private Family Foundation is registered as a tax-exempt nonprofit (EIN: 854150612). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ralph R Papitto And Barbara A Papitto Private Family Foundation located?
Ralph R Papitto And Barbara A Papitto Private Family Foundation is headquartered in Providence, Rhode Island and files with the IRS under EIN 854150612. It is classified under NTEE code T20.
How many years of IRS 990 filings does Ralph R Papitto And Barbara A Papitto Private Family Foundation have?
Ralph R Papitto And Barbara A Papitto Private Family Foundation has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $20.2M in total revenue.
Filing History
IRS 990 filing history for Ralph R Papitto And Barbara A Papitto Private Family Foundation showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Ralph R Papitto And Barbara A Papitto Private Family Foundation's revenue has declined by 61%, moving from $44.9M to $17.5M. Total assets decreased by 7.7% over the same period, from $20.2M to $18.6M. Total functional expenses rose by 74%, from $14.7M to $25.6M. In its most recent filing year (2023), Ralph R Papitto And Barbara A Papitto Private Family Foundation reported a deficit of $8.1M, with expenses exceeding revenue. The organization holds $1 in liabilities against $18.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $18.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $17.5M | $25.6M | $18.6M | $1 | — | — |
| 2022 | $35.8M | $23.3M | $27.1M | $1 | — | View 990 |
| 2021 | $44.9M | $14.7M | $20.2M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $17.5M, expenses of $25.6M, and assets of $18.6M (revenue -51.0% year-over-year).
- 2022: Revenue of $35.8M, expenses of $23.3M, and assets of $27.1M (revenue -20.4% year-over-year).
- 2021: Revenue of $44.9M, expenses of $14.7M, and assets of $20.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ralph R Papitto And Barbara A Papitto Private Family Foundation:
Data Sources and Methodology
This transparency report for Ralph R Papitto And Barbara A Papitto Private 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.