Frank & Vera Ferola Charitable Foundation Inc
Only null% goes to programs Strong reserves
Frank & Vera Ferola Charitable Foundation Inc is a 501(c)(3) organization based in Boca Raton, Florida, registered in 1995, with $101,109 in FY2023 revenue. CharityIndex grades it C+.
9858 Clint Moore Rd C111-226, Boca Raton, FL, 33496 EIN 65-0455975 Since 1995
Revenue (FY2023)
$101K
▼ 4.7% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$94K
Net assets
$85K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
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 Frank & Vera Ferola Charitable 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 rating11 mo reserves · +7% 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 Frank & Vera Ferola Charitable Foundation Inc: 11 mo reserves · +7% 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 Frank & Vera Ferola Charitable 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 →
DTransparency10% of the rating1 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 Frank & Vera Ferola Charitable Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 9858 Clint Moore Rd C111-226, Boca Raton, FL, 33496
- City
- Boca Raton
- State
- Florida
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $63K (FY2013) to $101K (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $85K
Operating margin
7.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$85K
Total liabilities
$0
Net assets
$85K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $101,109▼4.7% | $93,995▼8.3% | $85,100▲9.1% | $85,100▲9.1% | 990PF |
| 2022 | $106,111▲16.3% | $102,457▲1.6% | $77,986▲4.9% | $77,986▲4.9% | 990PF |
| 2021 | $91,214▲0.1% | $100,836▲11.0% | $74,332▼11.5% | $74,332▼11.5% | 990PF |
| 2020 | $91,114▼3.8% | $90,861▼3.7% | $83,954▲0.3% | $83,954▲0.3% | 990PF |
| 2019 | $94,667▼1.8% | $94,328▼5.9% | $83,701▲0.4% | $83,701▲0.4% | 990PF |
| 2018 | $96,434▲9.8% | $100,242▼5.1% | $83,362▼4.4% | $83,362▼4.4% | 990PF |
| 2017 | $87,860▲11.0% | $105,608▼2.6% | $87,170▼16.9% | $87,170▼16.9% | 990PF |
| 2016 | $79,135▲116% | $108,384▲14.6% | $104,918▼21.8% | $104,918▼21.8% | 990PF |
| 2015 | -$480,782▼1096% | $94,578▲44.9% | $134,167▼81.1% | $134,167▼81.1% | 990PF |
| 2014 | $48,272▼23.4% | $65,293▼18.6% | $709,527▼2.3% | $709,527▼2.3% | 990PF |
| 2013 | $63,031 | $80,195 | $726,558 | $726,558 | 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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Frequently asked questions
- Is Frank & Vera Ferola Charitable Foundation Inc a legitimate nonprofit?
- Yes. Frank & Vera Ferola Charitable Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 65-0455975, based in Boca Raton, Florida. Donations are tax-deductible.
- What is Frank & Vera Ferola Charitable Foundation Inc's EIN?
- Frank & Vera Ferola Charitable Foundation Inc's Employer Identification Number (EIN) is 65-0455975.
- How much revenue does Frank & Vera Ferola Charitable Foundation Inc report?
- Frank & Vera Ferola Charitable Foundation Inc reported $101,109 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Frank & Vera Ferola Charitable Foundation Inc have?
- CharityIndex grades Frank & Vera Ferola Charitable Foundation Inc C+, based on financial health (reserves and operating margin).
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Data for Frank & Vera Ferola Charitable Foundation Inc (EIN 65-0455975) 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.