Stephen A Comunale Jr Charitable Foundation
Stephen A Comunale Jr Charitable Foundation consistently grows assets with zero reported officer compensation.
EIN: 204345267 · Akron, OH · NTEE: T23 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.7M |
| Total Expenses | $1.0M |
| Program Spending | 85% |
| Net Assets | $5.1M |
| Transparency Score | 90/100 |
Is Stephen A Comunale Jr Charitable Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Stephen A Comunale Jr Charitable Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Stephen A Comunale Jr Charitable Foundation
Stephen A Comunale Jr Charitable Foundation (EIN: 204345267) is a nonprofit organization based in Akron, OH, classified under NTEE code T23. The organization reported total revenue of $7.7M and total assets of $6.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Stephen A Comunale Jr Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Stephen A Comunale Jr Charitable 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 17.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $1.0M |
| Surplus / Deficit | +$732K |
| Total Assets | $5.2M |
| Total Liabilities | $21K |
| Net Assets | $5.1M |
| Operating Margin | 41.4% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 60.0 months |
Financial Health Grade: A
In 2023, Stephen A Comunale Jr Charitable Foundation reported a surplus of $732K with revenue exceeding expenses, holds 60.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Stephen A Comunale Jr Charitable Foundation's revenue has grown at a compound annual growth rate (CAGR) of 17.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +251.2% | +76.6% | +41.9% |
| 2022 | -74.1% | -36.0% | -20.0% |
| 2021 | +307.8% | +70.4% | +34.3% |
| 2020 | -12.1% | -12.1% | +4.6% |
| 2019 | +54.5% | +70.3% | +45.8% |
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 Stephen A Comunale Jr Charitable Foundation with a Mission Score of 90 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Stephen A Comunale Jr Charitable Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. 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 $732K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either volunteer-based or compensated through non-officer channels, which is highly favorable for resource allocation to mission-related activities.
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 Stephen A Comunale Jr Charitable Foundation's IRS 990 filings:
- Fluctuating annual revenue, which could impact long-term planning if not managed with reserves.
Strengths
The following positive indicators were identified for Stephen A Comunale Jr Charitable Foundation:
- Consistent asset growth, from $1,444,510 in 201112 to $5,168,596 in 202312.
- Zero reported officer compensation across all filings, indicating efficient use of funds.
- Very low liabilities, demonstrating strong financial health and minimal debt burden.
- Healthy surplus in most years (e.g., 202312 revenue $1,765,730 vs. expenses $1,033,928), contributing to asset growth.
- Consistent IRS 990 filing history, indicating good transparency.
Frequently Asked Questions about Stephen A Comunale Jr Charitable Foundation
Is Stephen A Comunale Jr Charitable Foundation a legitimate charity?
Stephen A Comunale Jr Charitable Foundation (EIN: 204345267) is a registered tax-exempt nonprofit based in Ohio. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $7.7M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Stephen A Comunale Jr Charitable Foundation spend its money?
Stephen A Comunale Jr Charitable Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Stephen A Comunale Jr Charitable Foundation tax-deductible?
Stephen A Comunale Jr Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 204345267). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Stephen A Comunale Jr Charitable Foundation's spending goes to programs?
Stephen A Comunale Jr Charitable Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Stephen A Comunale Jr Charitable Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Stephen A Comunale Jr Charitable Foundation is above average for NTEE category T23 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Stephen A Comunale Jr Charitable Foundation located?
Stephen A Comunale Jr Charitable Foundation is headquartered in Akron, Ohio and files with the IRS under EIN 204345267. It is classified under NTEE code T23.
How many years of IRS 990 filings does Stephen A Comunale Jr Charitable Foundation have?
Stephen A Comunale Jr Charitable 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 $7.7M in total revenue.
Is the Stephen A Comunale Jr Charitable Foundation financially stable?
Yes, the foundation demonstrates strong financial stability, with assets growing from $1,444,510 in 201112 to $5,168,596 in 202312, and consistently low liabilities (e.g., $21,137 in 202312).
How does the foundation manage executive compensation?
The foundation reports 0% officer compensation in all available filings, suggesting that executive leadership is not compensated through traditional officer salaries, which is a positive indicator for efficient use of funds.
Has the foundation's revenue been consistent?
Revenue has fluctuated significantly, ranging from a low of $265,869 in 201112 to a high of $1,944,258 in 202112, and $1,765,730 in 202312, indicating variability in annual funding.
What is the trend in the foundation's assets?
The foundation shows a strong upward trend in assets, growing from $1,444,510 in 201112 to $5,168,596 in 202312, demonstrating effective financial management and growth.
Filing History
IRS 990 filing history for Stephen A Comunale Jr Charitable Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Stephen A Comunale Jr Charitable Foundation's revenue has grown by 564.1%, moving from $266K to $1.8M. Total assets increased by 257.8% over the same period, from $1.4M to $5.2M. Total functional expenses rose by 308%, from $253K to $1.0M. In its most recent filing year (2023), Stephen A Comunale Jr Charitable Foundation reported a surplus of $732K, with revenue exceeding expenses. The organization holds $21K in liabilities against $5.2M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $5.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $1.0M | $5.2M | $21K | — | View 990 |
| 2022 | $503K | $586K | $3.6M | $5K | — | View 990 |
| 2021 | $1.9M | $914K | $4.6M | $15K | — | View 990 |
| 2020 | $477K | $537K | $3.4M | $8K | — | View 990 |
| 2019 | $542K | $611K | $3.2M | $10K | — | View 990 |
| 2015 | $351K | $359K | $2.2M | $4K | — | View 990 |
| 2014 | $1.0M | $561K | $2.3M | $12K | — | View 990 |
| 2013 | $540K | $305K | $1.8M | $5K | — | View 990 |
| 2012 | $585K | $477K | $1.6M | $4K | — | View 990 |
| 2011 | $266K | $253K | $1.4M | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $1.0M, and assets of $5.2M (revenue +251.2% year-over-year).
- 2022: Revenue of $503K, expenses of $586K, and assets of $3.6M (revenue -74.1% year-over-year).
- 2021: Revenue of $1.9M, expenses of $914K, and assets of $4.6M (revenue +307.8% year-over-year).
- 2020: Revenue of $477K, expenses of $537K, and assets of $3.4M (revenue -12.1% year-over-year).
- 2019: Revenue of $542K, expenses of $611K, and assets of $3.2M (revenue +54.5% year-over-year).
- 2015: Revenue of $351K, expenses of $359K, and assets of $2.2M (revenue -66.0% year-over-year).
- 2014: Revenue of $1.0M, expenses of $561K, and assets of $2.3M (revenue +91.1% year-over-year).
- 2013: Revenue of $540K, expenses of $305K, and assets of $1.8M (revenue -7.8% year-over-year).
- 2012: Revenue of $585K, expenses of $477K, and assets of $1.6M (revenue +120.2% year-over-year).
- 2011: Revenue of $266K, expenses of $253K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Stephen A Comunale Jr Charitable Foundation:
Data Sources and Methodology
This transparency report for Stephen A Comunale Jr Charitable 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.