Catherine J Malatesta Foundation is a 501(c)(3) organization based in Arlington, Massachusetts, registered in 2019, with $120,640 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$121K
▲ 197.7% vs prior year
Diseases median: $206K
Expenses (FY2024)
$96K
Net assets
$171K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Catherine J Malatesta Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Catherine J Malatesta Foundation: 21 mo reserves · +20% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Catherine J Malatesta Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Catherine J Malatesta Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $25K (FY2018) to $121K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
20.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$171K
Total liabilities
$0
Net assets
$171K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $120,640▲198% | $96,287▲64.1% | $170,761▲15.8% | $170,761▲15.8% | 990EZ |
| 2023 | $40,526▼27.6% | $58,693▲12.9% | $147,417▼11.0% | $147,417▼11.0% | 990EZ |
| 2022 | $55,982▼67.7% | $51,984▼65.5% | $165,584▲2.5% | $165,584▲2.5% | 990EZ |
| 2021 | $173,124▲18.9% | $150,633▲98.1% | $161,586▲16.2% | $161,586▲16.2% | 990EZ |
| 2020 | $145,561▲36.9% | $76,046▲24.0% | $139,095▲99.9% | $139,095▲99.9% | 990EZ |
| 2019 | $106,326▲331% | $61,349▲91466% | $69,580▲183% | $69,580▲183% | 990EZ |
| 2018 | $24,670 | $67 | $24,603 | $24,603 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
4 grants to Catherine J Malatesta Foundation totaling $255K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $67,950 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $16,250 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $65,750 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2019 | $104,900 |
Explore more
Data for Catherine J Malatesta Foundation (EIN 83-6366124) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.