Elizabeth & Frank Ingrassia Foundation is a 501(c)(3) organization based in Plainview, New York, registered in 1996, with $88,334 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$88K
▼ 70.0% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$550K
Net assets
$477K
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 Elizabeth & Frank Ingrassia 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 Elizabeth & Frank Ingrassia Foundation: 10 mo reserves · -523% margin earns a F 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 Elizabeth & Frank Ingrassia 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 Elizabeth & Frank Ingrassia Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $403K (FY2019) to $88K (FY2024) across 6 reported years.
Financial snapshot
Operating margin
-522.5%
Spent more than it raised in the latest fiscal year.
Total assets
$477K
Total liabilities
$0
Net assets
$477K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $88,334▼70.0% | $549,910▼16.0% | $476,642▼49.2% | $476,642▼49.2% | 990PF |
| 2023 | $294,153▲38.3% | $654,463▼34.2% | $938,218▼27.7% | $938,218▼27.7% | 990PF |
| 2022 | $212,692▼47.4% | $994,093▼17.8% | $1,298,484▼37.6% | $1,298,484▼37.6% | 990PF |
| 2021 | $404,006▼30.2% | $1,208,875▲2.6% | $2,079,554▼27.9% | $2,079,554▼27.9% | 990PF |
| 2020 | $578,744▲43.5% | $1,178,583▲70.0% | $2,884,423▼17.2% | $2,884,423▼17.2% | 990PF |
| 2019 | $403,338 | $693,387 | $3,484,374 | $3,484,374 | 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 Elizabeth & Frank Ingrassia Foundation (EIN 13-3801229) 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.