Catolino Family Italo-american Scholarship Fund is a 501(c)(92) organization based in Johnston, Rhode Island, with $58,484 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$58K
▲ 3526.1% vs prior year
Expenses (FY2024)
$77K
Net assets
$744K
Employees
—
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 Catolino Family Italo-american Scholarship Fund— 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 Catolino Family Italo-american Scholarship Fund: 117 mo reserves · -31% margin earns a D 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 Catolino Family Italo-american Scholarship Fund— 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 Catolino Family Italo-american Scholarship Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $71K (FY2020) to $58K (FY2024) across 5 reported years.
Financial snapshot
Operating margin
-31.0%
Spent more than it raised in the latest fiscal year.
Total assets
$744K
Total liabilities
$0
Net assets
$744K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $58,484▲3526% | $76,642▼39.6% | $744,127▼2.3% | $744,127▼2.3% | 990PF |
| 2023 | -$1,707▼102% | $126,838▲628% | $761,975▼14.2% | $761,975▼14.2% | 990PF |
| 2022 | $69,757▼7.7% | $17,425▼84.3% | $888,319▲6.2% | $888,319▲6.2% | 990PF |
| 2021 | $75,540▲6.4% | $111,005▲581% | $836,381▼4.0% | $836,381▼4.0% | 990PF |
| 2020 | $70,982 | $16,299 | $871,247 | $871,247 | 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.
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Data for Catolino Family Italo-american Scholarship Fund (EIN 38-3976356) 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.