Funk - Zitiello Foundation is a 501(c)(3) organization based in Ponte Vedra Beach, Florida, registered in 2016, with $148,281 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$148K
▼ 73.0% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$8,262
Net assets
$167K
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 Funk - Zitiello 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 Funk - Zitiello Foundation: 243 mo reserves · +94% margin earns a B+ 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 Funk - Zitiello 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 Funk - Zitiello Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $568K (FY2018) to $148K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
94.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$167K
Total liabilities
$0
Net assets
$167K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $148,281▼73.0% | $8,262▼98.5% | $167,484▲576% | $167,484▲576% | 990 |
| 2023 | $548,530▼24.1% | $560,111▼21.0% | $24,760▼31.9% | $24,760▼31.9% | 990 |
| 2022 | $722,781▲84.9% | $709,224▲51.5% | $36,341▲59.5% | $36,341▲59.5% | 990 |
| 2021 | $390,918▲5.6% | $468,178▲24.1% | $22,784▼76.2% | $22,784▼76.2% | 990 |
| 2020 | $370,016▼39.0% | $377,293▼38.7% | $95,773▼11.3% | $95,773▼11.3% | 990 |
| 2019 | $606,362▲6.8% | $615,477▲20.8% | $108,028▼7.2% | $108,028▼7.2% | 990 |
| 2018 | $567,948 | $509,520 | $116,436 | $116,436 | 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.
21 grants to Funk - Zitiello Foundation totaling $387K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2023 | $26,250 |
| Pga Tour Inc | General support | 2023 | $25,000 |
| Mayo Clinic Group Return | Support charitable programs | 2023 | $10,000 |
| Pga Tour Inc | General support | 2022 | $25,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $17,500 |
| Mayo Clinic Group Return | Support charitable purpose | 2022 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $29,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $29,000 |
| Pga Tour Inc | General support | 2021 | $10,000 |
| Genesis Health Inc | Operational support | 2021 | $10,000 |
| Genesis Health Inc | Operational support | 2021 | $10,000 |
| Genesis Health Inc | Operational support | 2020 | $15,000 |
| Pga Tour Inc | General support | 2020 | $7,000 |
| Pga Tour Inc | General support | 2019 | $30,000 |
| Genesis Health Inc | Operational support | 2019 | $15,000 |
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Data for Funk - Zitiello Foundation (EIN 81-3204321) 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.