Santo Maria Frank & John Zanetti Foundation
Santo Maria Frank & John Zanetti Foundation maintains strong asset growth and zero executive compensation, directing all funds to its mission.
EIN: 200489552 · Battle Creek, MI · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $409K |
| Program Spending | 95% |
| CEO/Top Officer Pay | $6.7 |
| Net Assets | $6.8M |
| Transparency Score | 95/100 |
Is Santo Maria Frank & John Zanetti Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Santo Maria Frank & John Zanetti Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Santo Maria Frank & John Zanetti Foundation
Santo Maria Frank & John Zanetti Foundation (EIN: 200489552) is a nonprofit organization based in Battle Creek, MI, classified under NTEE code T22. The organization reported total revenue of $1.7M and total assets of $6.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Santo Maria Frank & John Zanetti Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Santo Maria Frank & John Zanetti Foundation is a mid-size nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 18.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $479K |
| Total Expenses | $409K |
| Surplus / Deficit | +$71K |
| Total Assets | $6.8M |
| Total Liabilities | $1 |
| Net Assets | $6.8M |
| Operating Margin | 14.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 198.4 months |
Financial Health Grade: A
In 2023, Santo Maria Frank & John Zanetti Foundation reported a surplus of $71K with revenue exceeding expenses, holds 198.4 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), Santo Maria Frank & John Zanetti Foundation's revenue has grown at a compound annual growth rate (CAGR) of 18.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.9% | -4.3% | +1.7% |
| 2022 | -21.1% | +4.2% | -0.5% |
| 2021 | +83.2% | +12.5% | +1.9% |
| 2020 | -90.9% | +41.4% | -4.9% |
| 2019 | +2000.5% | +4.3% | +57.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Santo Maria Frank & John Zanetti Foundation with a Mission Score of 95 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: 95%
- fundraising: 0%
According to IRS 990 filings, Santo Maria Frank & John Zanetti Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $71K, 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 no officer salaries are paid, which is highly unusual for an organization of this asset size ($6.7 million in 2023) and suggests a volunteer-led or extremely lean operational model.
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 Santo Maria Frank & John Zanetti Foundation's IRS 990 filings:
- Significant year-to-year revenue volatility, which could indicate reliance on unpredictable large donations or investment returns rather than consistent funding streams.
Strengths
The following positive indicators were identified for Santo Maria Frank & John Zanetti Foundation:
- Consistent asset growth, from $432,372 in 2011 to $6,756,254 in 2023, demonstrating strong financial management.
- Zero officer compensation reported across all filings, indicating all funds are directed towards the mission.
- Extremely low liabilities, often $1, reflecting excellent financial stability and responsible fiscal practices.
- Expenses consistently below revenue in most recent years (e.g., 2023: $408,626 expenses vs. $479,398 revenue), allowing for asset accumulation.
- Strong program focus implied by the NTEE code T22 (Grantmaking Foundations) and the absence of executive salaries.
Frequently Asked Questions about Santo Maria Frank & John Zanetti Foundation
Is Santo Maria Frank & John Zanetti Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Santo Maria Frank & John Zanetti Foundation (EIN: 200489552) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Santo Maria Frank & John Zanetti Foundation spend its money?
Santo Maria Frank & John Zanetti Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Santo Maria Frank & John Zanetti Foundation tax-deductible?
Santo Maria Frank & John Zanetti Foundation is registered as a tax-exempt nonprofit (EIN: 200489552). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Santo Maria Frank & John Zanetti Foundation CEO make?
Santo Maria Frank & John Zanetti Foundation's highest-compensated officer earns $6.7 annually. The organization reported $1.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Santo Maria Frank & John Zanetti Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Santo Maria Frank & John Zanetti Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Santo Maria Frank & John Zanetti Foundation located?
Santo Maria Frank & John Zanetti Foundation is headquartered in Battle Creek, Michigan and files with the IRS under EIN 200489552. It is classified under NTEE code T22.
How many years of IRS 990 filings does Santo Maria Frank & John Zanetti Foundation have?
Santo Maria Frank & John Zanetti 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 $1.7M in total revenue.
Is Santo Maria Frank & John Zanetti Foundation a good charity?
Based on the provided data, the Santo Maria Frank & John Zanetti Foundation appears to be a very good charity. It demonstrates strong financial health with growing assets, extremely low liabilities, and a remarkable commitment to its mission by reporting 0% officer compensation across all filings, meaning all funds are directed to its programmatic goals.
How does the foundation manage its expenses?
The foundation manages its expenses very efficiently. In 2023, expenses were $408,626 against $479,398 in revenue, indicating that it spends less than it brings in, contributing to asset growth. The consistent 0% officer compensation also suggests a highly cost-effective operational model.
What is the trend in the foundation's assets?
The foundation's assets have shown a strong upward trend, growing from $432,372 in 2011 to $6,756,254 in 2023, which is a significant increase and indicates effective financial management and investment strategies.
Does the foundation rely on large, infrequent donations?
The revenue figures show significant fluctuations, with large spikes in 2014 ($4,128,927) and 2019 ($2,970,062) compared to other years (e.g., $479,398 in 2023). This pattern suggests that the foundation may receive substantial, less frequent contributions or experience significant investment gains in certain years.
Filing History
IRS 990 filing history for Santo Maria Frank & John Zanetti Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Santo Maria Frank & John Zanetti Foundation's revenue has grown by 693.3%, moving from $60K to $479K. Total assets increased by 1462.6% over the same period, from $432K to $6.8M. Total functional expenses rose by 26748%, from $2K to $409K. In its most recent filing year (2023), Santo Maria Frank & John Zanetti Foundation reported a surplus of $71K, with revenue exceeding expenses. The organization holds $1 in liabilities against $6.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $6.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $479K | $409K | $6.8M | $1 | — | View 990 |
| 2022 | $390K | $427K | $6.6M | $1 | — | View 990 |
| 2021 | $494K | $410K | $6.7M | $1 | — | View 990 |
| 2020 | $270K | $364K | $6.5M | $1 | — | View 990 |
| 2019 | $3.0M | $257K | $6.9M | $1 | — | — |
| 2015 | $141K | $247K | $4.4M | $6K | — | View 990 |
| 2014 | $4.1M | $225K | $4.5M | $30K | — | View 990 |
| 2013 | $126K | $41K | $582K | $1 | — | View 990 |
| 2012 | $97K | $31K | $498K | $1 | — | View 990 |
| 2011 | $60K | $2K | $432K | $80 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $479K, expenses of $409K, and assets of $6.8M (revenue +22.9% year-over-year).
- 2022: Revenue of $390K, expenses of $427K, and assets of $6.6M (revenue -21.1% year-over-year).
- 2021: Revenue of $494K, expenses of $410K, and assets of $6.7M (revenue +83.2% year-over-year).
- 2020: Revenue of $270K, expenses of $364K, and assets of $6.5M (revenue -90.9% year-over-year).
- 2019: Revenue of $3.0M, expenses of $257K, and assets of $6.9M (revenue +2000.5% year-over-year).
- 2015: Revenue of $141K, expenses of $247K, and assets of $4.4M (revenue -96.6% year-over-year).
- 2014: Revenue of $4.1M, expenses of $225K, and assets of $4.5M (revenue +3184.8% year-over-year).
- 2013: Revenue of $126K, expenses of $41K, and assets of $582K (revenue +30.1% year-over-year).
- 2012: Revenue of $97K, expenses of $31K, and assets of $498K (revenue +59.8% year-over-year).
- 2011: Revenue of $60K, expenses of $2K, and assets of $432K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Santo Maria Frank & John Zanetti Foundation:
Data Sources and Methodology
This transparency report for Santo Maria Frank & John Zanetti 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.