Frank R and Elizabeth Simoni Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Frank R and Elizabeth Simoni Foundation Inc is a 501(c)(3) organization based in Norwood, Massachusetts, registered in 1991, with $818,674 in FY2024 revenue. CharityIndex grades it B.
1401 Providence Hwy 4, Norwood, MA, 02062 EIN 04-3109508 Since 1991
Revenue (FY2024)
$819K
▲ 113.2% vs prior year
Expenses (FY2024)
$677K
Net assets
$9.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—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 R and Elizabeth Simoni 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 →
B+Financial health25% of the rating164 mo reserves · +17% 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 R and Elizabeth Simoni Foundation Inc: 164 mo reserves · +17% margin earns a B+ 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 R and Elizabeth Simoni 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 Frank R and Elizabeth Simoni Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1401 Providence Hwy 4, Norwood, MA, 02062
- City
- Norwood
- State
- Massachusetts
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $332K (FY2014) to $819K (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $9.3M
Operating margin
17.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$9.3M
Total liabilities
$0
Net assets
$9.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $818,674▲113% | $677,257▲4.2% | $9,264,589▲1.6% | $9,264,589▲1.6% | 990PF |
| 2023 | $384,000▲113% | $649,943▲38.2% | $9,123,172▼2.8% | $9,123,172▼2.8% | 990PF |
| 2022 | $180,176▼96.9% | $470,177▲36.7% | $9,389,115▼3.0% | $9,389,115▼3.0% | 990PF |
| 2021 | $5,776,021▲2627% | $343,969▲11.5% | $9,679,116▲128% | $9,679,116▲128% | 990PF |
| 2020 | $211,844▼84.5% | $308,494▲2.8% | $4,247,064▼2.2% | $4,247,064▼2.2% | 990PF |
| 2019 | $1,363,069▲231% | $300,098▲22.5% | $4,343,714▲31.9% | $4,343,714▲31.9% | 990PF |
| 2017 | $412,121▲61.3% | $245,030▲2.0% | $3,292,115▲5.3% | $3,292,115▲5.3% | 990PF |
| 2016 | $255,548▲15.0% | $240,130▼2.0% | $3,125,024▲0.5% | $3,125,024▲0.5% | 990PF |
| 2015 | $222,194▼33.0% | $245,035▲18.8% | $3,109,606▼0.7% | $3,109,606▼0.7% | 990PF |
| 2014 | $331,609 | $206,229 | $3,132,447 | $3,132,447 | 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.
Frequently asked questions
- Is Frank R and Elizabeth Simoni Foundation Inc a legitimate nonprofit?
- Yes. Frank R and Elizabeth Simoni Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-3109508, based in Norwood, Massachusetts. Donations are tax-deductible.
- What is Frank R and Elizabeth Simoni Foundation Inc's EIN?
- Frank R and Elizabeth Simoni Foundation Inc's Employer Identification Number (EIN) is 04-3109508.
- How much revenue does Frank R and Elizabeth Simoni Foundation Inc report?
- Frank R and Elizabeth Simoni Foundation Inc reported $818,674 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Frank R and Elizabeth Simoni Foundation Inc have?
- CharityIndex grades Frank R and Elizabeth Simoni Foundation Inc B, based on financial health (reserves and operating margin).
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Data for Frank R and Elizabeth Simoni Foundation Inc (EIN 04-3109508) 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.