Salvatore And Anna Beltrone Family Foundation
Salvatore And Anna Beltrone Family Foundation consistently spends more than it earns, drawing down on its over $1.2 million in assets.
EIN: 141790563 · Ridgefield, CT · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $389K |
| Total Expenses | $115K |
| Program Spending | 80% |
| Net Assets | $1.2M |
| Transparency Score | 70/100 |
Is Salvatore And Anna Beltrone Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Salvatore And Anna Beltrone Family Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Salvatore And Anna Beltrone Family Foundation
Salvatore And Anna Beltrone Family Foundation (EIN: 141790563) is a nonprofit organization based in Ridgefield, CT. The organization reported total revenue of $389K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Salvatore And Anna Beltrone Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Salvatore And Anna Beltrone Family Foundation is a small nonprofit that has been operating for 30 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -5.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $42K |
| Total Expenses | $115K |
| Surplus / Deficit | $-72,467 |
| Total Assets | $1.2M |
| Total Liabilities | $1 |
| Net Assets | $1.2M |
| Operating Margin | -172.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 130.3 months |
Financial Health Grade: B
In 2024, Salvatore And Anna Beltrone Family Foundation reported a deficit of $72K with expenses exceeding revenue, holds 130.3 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), Salvatore And Anna Beltrone Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -55.8% | +13.0% | -5.5% |
| 2023 | +69.2% | -5.9% | -0.5% |
| 2022 | -47.5% | +30.5% | -3.7% |
| 2021 | +92.6% | +71.7% | +1.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
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 Salvatore And Anna Beltrone Family Foundation with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Salvatore And Anna Beltrone Family Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $72K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers receive compensation from the foundation, which is a positive sign for resource allocation.
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 Salvatore And Anna Beltrone Family Foundation's IRS 990 filings:
- Consistent negative net income, with expenses often significantly exceeding revenue (e.g., 202406: $42,059 revenue vs. $114,526 expenses).
- Significant decline in total assets over time, from $2,545,819 in 201206 to $1,205,350 currently, indicating a draw-down on principal.
- Unusual consistent reporting of $1 in liabilities across multiple recent filing periods.
Strengths
The following positive indicators were identified for Salvatore And Anna Beltrone Family Foundation:
- Zero officer compensation reported across all filings, indicating efficient use of funds for mission-related activities.
- Maintains a substantial asset base ($1,205,350) providing long-term financial stability despite operational deficits.
- Consistent filing history (10 filings) demonstrates good transparency and compliance with IRS reporting requirements.
Frequently Asked Questions about Salvatore And Anna Beltrone Family Foundation
Is Salvatore And Anna Beltrone Family Foundation a legitimate charity?
Salvatore And Anna Beltrone Family Foundation (EIN: 141790563) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 70/100. It has 10 years of IRS 990 filings on record. Total revenue: $389K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Salvatore And Anna Beltrone Family Foundation spend its money?
Salvatore And Anna Beltrone Family Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Salvatore And Anna Beltrone Family Foundation tax-deductible?
Salvatore And Anna Beltrone Family Foundation is registered as a tax-exempt nonprofit (EIN: 141790563). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Salvatore And Anna Beltrone Family Foundation's spending goes to programs?
Salvatore And Anna Beltrone Family Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Salvatore And Anna Beltrone Family Foundation located?
Salvatore And Anna Beltrone Family Foundation is headquartered in Ridgefield, Connecticut and files with the IRS under EIN 141790563.
How many years of IRS 990 filings does Salvatore And Anna Beltrone Family Foundation have?
Salvatore And Anna Beltrone Family 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 $389K in total revenue.
Is the Salvatore And Anna Beltrone Family Foundation financially stable?
While the foundation has consistently reported negative net income in recent years (e.g., $42,059 revenue vs. $114,526 expenses in 202406), its substantial asset base of $1,205,350 provides a strong financial cushion, suggesting stability despite operational deficits.
What is the purpose of the consistent $1 liability reported by the foundation?
The consistent reporting of $1 in liabilities across multiple recent periods (e.g., 202406, 202306, 202206) is unusual and could be a minor accounting entry or a placeholder. It would require reviewing the full 990 forms to understand its specific nature.
How does the foundation fund its operations given its negative net income?
The foundation appears to be funding its operations by drawing down on its endowment or investment assets, as evidenced by the consistent decline in total assets from $2,545,819 in 201206 to $1,205,350 in the latest period, while expenses frequently exceed revenue.
Filing History
IRS 990 filing history for Salvatore And Anna Beltrone Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Salvatore And Anna Beltrone Family Foundation's revenue has declined by 48%, moving from $81K to $42K. Total assets decreased by 51.2% over the same period, from $2.5M to $1.2M. Total functional expenses fell by 48.6%, from $223K to $115K. In its most recent filing year (2024), Salvatore And Anna Beltrone Family Foundation reported a deficit of $72K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $42K | $115K | $1.2M | $1 | — | — |
| 2023 | $95K | $101K | $1.3M | $1 | — | View 990 |
| 2022 | $56K | $108K | $1.3M | $1 | — | View 990 |
| 2021 | $107K | $82K | $1.4M | $1 | — | — |
| 2020 | $56K | $48K | $1.3M | $1 | — | View 990 |
| 2016 | $-72,093 | $73K | $2.2M | $1 | — | View 990 |
| 2015 | $383K | $58K | $2.4M | $0 | — | View 990 |
| 2014 | $141K | $590K | $2.1M | $0 | — | View 990 |
| 2013 | $71K | $117K | $2.5M | $0 | — | View 990 |
| 2012 | $81K | $223K | $2.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $42K, expenses of $115K, and assets of $1.2M (revenue -55.8% year-over-year).
- 2023: Revenue of $95K, expenses of $101K, and assets of $1.3M (revenue +69.2% year-over-year).
- 2022: Revenue of $56K, expenses of $108K, and assets of $1.3M (revenue -47.5% year-over-year).
- 2021: Revenue of $107K, expenses of $82K, and assets of $1.4M (revenue +92.6% year-over-year).
- 2020: Revenue of $56K, expenses of $48K, and assets of $1.3M.
- 2016: Revenue of $-72,093, expenses of $73K, and assets of $2.2M (revenue -118.8% year-over-year).
- 2015: Revenue of $383K, expenses of $58K, and assets of $2.4M (revenue +171.4% year-over-year).
- 2014: Revenue of $141K, expenses of $590K, and assets of $2.1M (revenue +99.0% year-over-year).
- 2013: Revenue of $71K, expenses of $117K, and assets of $2.5M (revenue -12.5% year-over-year).
- 2012: Revenue of $81K, expenses of $223K, and assets of $2.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Salvatore And Anna Beltrone Family Foundation:
Data Sources and Methodology
This transparency report for Salvatore And Anna Beltrone 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.