D Addario Foundation Inc
Only null% goes to programs Strong reserves Growing revenue
D Addario Foundation Inc is a 501(c)(3) organization based in Farmingdale, New York, registered in 1983, with $1,784,174 in FY2024 revenue. CharityIndex grades it B.
595 Smith St, Farmingdale, NY, 11735 EIN 11-2637844 Since 1983
Revenue (FY2024)
$1.8M
▲ 109.4% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$1.0M
Net assets
$1.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
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 →—Program efficiency40% of the ratingNo expense breakdown in filings
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 D Addario Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating15 mo reserves · +44% margin
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 D Addario Foundation Inc: 15 mo reserves · +44% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 D Addario Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 D Addario Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 595 Smith St, Farmingdale, NY, 11735
- City
- Farmingdale
- State
- New York
- Subcategory
- Private Foundations
- Website
- …
Financial trends
Revenue grew from $681K (FY2013) to $1.8M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $216KNet assets $1.3M
Operating margin
43.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.5M
Total liabilities
$216K
Net assets
$1.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,784,174▲109% | $1,004,829▲10.0% | $1,287,605▲185% | $1,503,625▲109% | 990PF |
| 2023 | $852,124▲35.6% | $913,387▲12.5% | $451,603▲0.4% | $718,735▲7.8% | 990PF |
| 2022 | $628,567▼39.1% | $812,177▲12.1% | $449,961▼40.4% | $666,968▼30.4% | 990PF |
| 2021 | $1,031,397▲33.2% | $724,768▼17.2% | $754,450▲97.6% | $958,143▲50.0% | 990PF |
| 2020 | $774,140▼20.6% | $875,766▼20.1% | $381,750▼12.3% | $638,921▲9.7% | 990PF |
| 2019 | $974,436▲7.5% | $1,095,628▲32.1% | $435,155▼10.4% | $582,260▲18.4% | 990PF |
| 2018 | $906,794▲16.1% | $829,662▼6.9% | $485,864▲5.6% | $491,901▼0.8% | 990PF |
| 2017 | $781,345▼31.4% | $891,304▼11.6% | $460,123▼11.9% | $495,727▼20.8% | 990PF |
| 2015 | $1,139,006▼2.9% | $1,008,283▲25.0% | $522,090▲38.1% | $626,020▲64.2% | 990PF |
| 2014 | $1,172,953▲72.2% | $806,315▲16.6% | $377,974▲4811% | $381,365▲590% | 990PF |
| 2013 | $681,037 | $691,313▲83.0% | $7,696▼57.2% | $55,272▲135% | 990PF |
| 2012 | — | $377,848▼27.8% | $17,972▲68.0% | $23,483▼34.2% | 990PF |
| 2011 | — | $523,410▲102% | $10,699▲276% | $35,699▲1155% | 990PF |
| 2010 | — | $259,172 | $2,845 | $2,845 | 990 |
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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Frequently asked questions
- Is D Addario Foundation Inc a legitimate nonprofit?
- Yes. D Addario Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 11-2637844, based in Farmingdale, New York. Donations are tax-deductible.
- What is D Addario Foundation Inc's EIN?
- D Addario Foundation Inc's Employer Identification Number (EIN) is 11-2637844.
- How much revenue does D Addario Foundation Inc report?
- D Addario Foundation Inc reported $1,784,174 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does D Addario Foundation Inc have?
- CharityIndex grades D Addario Foundation Inc B, based on financial health (reserves and operating margin).
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Data for D Addario Foundation Inc (EIN 11-2637844) 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.