Stanley Bagnasco Foundation
Stanley Bagnasco Foundation maintains stable assets and reports zero officer compensation across all filings.
EIN: 204889640 · Wilmington, DE · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.4M |
| Total Expenses | $220K |
| Program Spending | 85% |
| Net Assets | $2.7M |
| Transparency Score | 85/100 |
Is Stanley Bagnasco Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Stanley Bagnasco Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Stanley Bagnasco Foundation
Stanley Bagnasco Foundation (EIN: 204889640) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T20. The organization reported total revenue of $2.4M and total assets of $3.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Stanley Bagnasco Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Stanley Bagnasco Foundation is a mid-size nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $522K |
| Total Expenses | $220K |
| Surplus / Deficit | +$302K |
| Total Assets | $2.7M |
| Total Liabilities | $1 |
| Net Assets | $2.7M |
| Operating Margin | 57.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 149.4 months |
Financial Health Grade: A
In 2023, Stanley Bagnasco Foundation reported a surplus of $302K with revenue exceeding expenses, holds 149.4 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), Stanley Bagnasco Foundation's revenue has grown at a compound annual growth rate (CAGR) of 14.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1520.6% | -1.9% | +12.6% |
| 2022 | -91.9% | +7.8% | -7.5% |
| 2021 | +66.1% | -1.4% | +7.7% |
| 2020 | -5.7% | +10.5% | +1.2% |
| 2019 | +111.3% | +95.9% | +3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
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 Stanley Bagnasco 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: 15%
- programs: 85%
- fundraising: 0%
According to IRS 990 filings, Stanley Bagnasco Foundation allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% 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 $302K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Stanley Bagnasco Foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly unusual for an organization of its asset size and contributes to very low administrative personnel costs.
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 Stanley Bagnasco Foundation's IRS 990 filings:
- Lack of detailed expense breakdown in provided data prevents full spending efficiency analysis.
Strengths
The following positive indicators were identified for Stanley Bagnasco Foundation:
- Consistent reporting of $0 officer compensation, indicating high efficiency in personnel costs.
- Stable and growing asset base, reaching $3,297,476, suggesting long-term financial stability.
- Consistent IRS 990 filing history demonstrates compliance and transparency.
- Minimal liabilities reported across all filings ($0 or $1), indicating strong financial health.
Frequently Asked Questions about Stanley Bagnasco Foundation
Is Stanley Bagnasco Foundation a legitimate charity?
Stanley Bagnasco Foundation (EIN: 204889640) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $2.4M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Stanley Bagnasco Foundation spend its money?
Stanley Bagnasco Foundation directs 85% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Stanley Bagnasco Foundation tax-deductible?
Stanley Bagnasco Foundation is registered as a tax-exempt nonprofit (EIN: 204889640). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Stanley Bagnasco Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Stanley Bagnasco Foundation 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 Stanley Bagnasco Foundation located?
Stanley Bagnasco Foundation is headquartered in Wilmington, Delaware and files with the IRS under EIN 204889640. It is classified under NTEE code T20.
How many years of IRS 990 filings does Stanley Bagnasco Foundation have?
Stanley Bagnasco 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 $2.4M in total revenue.
What are the primary programs or grants funded by the Stanley Bagnasco Foundation?
The provided IRS 990 data does not detail the specific programs or grants funded by the Stanley Bagnasco Foundation. Further investigation into their full 990 forms would be necessary to understand their programmatic activities.
How does the foundation manage its significant asset base?
With assets consistently over $2 million and reaching $3,297,476, the foundation likely employs investment strategies to grow its endowment. The fluctuation in revenue, such as the $2,429,819 in the latest period, suggests significant investment income or large contributions are part of its financial management.
Why is officer compensation consistently zero?
The consistent reporting of zero officer compensation suggests that the foundation may be run by volunteers, or its administrative functions are handled by an external entity or pro bono, which significantly reduces overhead related to personnel.
Filing History
IRS 990 filing history for Stanley Bagnasco Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Stanley Bagnasco Foundation's revenue has grown by 397.8%, moving from $105K to $522K. Total assets increased by 14% over the same period, from $2.4M to $2.7M. Total functional expenses rose by 126.4%, from $97K to $220K. In its most recent filing year (2023), Stanley Bagnasco Foundation reported a surplus of $302K, with revenue exceeding expenses. The organization holds $1 in liabilities against $2.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $522K | $220K | $2.7M | $1 | — | View 990 |
| 2022 | $32K | $224K | $2.4M | $1 | — | View 990 |
| 2021 | $398K | $208K | $2.6M | $1 | — | — |
| 2020 | $239K | $211K | $2.4M | $1 | — | — |
| 2019 | $254K | $191K | $2.4M | $1 | — | View 990 |
| 2015 | $120K | $97K | $2.3M | $0 | — | View 990 |
| 2014 | $183K | $239K | $2.3M | $0 | — | View 990 |
| 2013 | $159K | $108K | $2.4M | $0 | — | View 990 |
| 2012 | $56K | $153K | $2.3M | $0 | — | View 990 |
| 2011 | $105K | $97K | $2.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $522K, expenses of $220K, and assets of $2.7M (revenue +1520.6% year-over-year).
- 2022: Revenue of $32K, expenses of $224K, and assets of $2.4M (revenue -91.9% year-over-year).
- 2021: Revenue of $398K, expenses of $208K, and assets of $2.6M (revenue +66.1% year-over-year).
- 2020: Revenue of $239K, expenses of $211K, and assets of $2.4M (revenue -5.7% year-over-year).
- 2019: Revenue of $254K, expenses of $191K, and assets of $2.4M (revenue +111.3% year-over-year).
- 2015: Revenue of $120K, expenses of $97K, and assets of $2.3M (revenue -34.5% year-over-year).
- 2014: Revenue of $183K, expenses of $239K, and assets of $2.3M (revenue +15.5% year-over-year).
- 2013: Revenue of $159K, expenses of $108K, and assets of $2.4M (revenue +182.1% year-over-year).
- 2012: Revenue of $56K, expenses of $153K, and assets of $2.3M (revenue -46.4% year-over-year).
- 2011: Revenue of $105K, expenses of $97K, and assets of $2.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Stanley Bagnasco Foundation:
Data Sources and Methodology
This transparency report for Stanley Bagnasco 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.