Giovanni Armenise-harvard Foundation For Scientific Research is a 501(c)(3) organization based in Boston, Massachusetts, registered in 1996, with $3,601,590 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$3.6M
▲ 1.3% vs prior year
Medical Research median: $217K
Expenses (FY2023)
$3.2M
Net assets
$82.7M
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 Giovanni Armenise-harvard Foundation For Scientific Research— 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 Giovanni Armenise-harvard Foundation For Scientific Research: 314 mo reserves · +12% 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 Giovanni Armenise-harvard Foundation For Scientific Research— 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 Giovanni Armenise-harvard Foundation For Scientific Research: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $3.2M (FY2017) to $3.6M (FY2023) across 7 reported years.
Financial snapshot
Operating margin
12.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$85.5M
Total liabilities
$2.7M
Net assets
$82.7M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $3,601,590▲1.3% | $3,159,554▼17.4% | $82,741,892▲4.8% | $85,473,249▲4.6% | 990 |
| 2022 | $3,556,860▲1.2% | $3,823,404▲101% | $78,947,546▼2.6% | $81,682,389▼1.5% | 990 |
| 2021 | $3,515,186▲12.6% | $1,900,900▼25.6% | $81,015,478▼4.5% | $82,886,909▼5.0% | 990 |
| 2020 | $3,121,005▼4.8% | $2,553,706▼12.6% | $84,872,606▲28.5% | $87,268,004▲26.4% | 990 |
| 2019 | $3,279,260▲2.7% | $2,923,377▲2.5% | $66,038,516▲2.0% | $69,020,687▲2.3% | 990 |
| 2018 | $3,192,916▼0.3% | $2,851,465▼48.0% | $64,727,448▲1.2% | $67,500,899▲1.4% | 990 |
| 2017 | $3,201,570 | $5,479,467 | $63,941,199 | $66,567,918 | 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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Data for Giovanni Armenise-harvard Foundation For Scientific Research (EIN 04-3293162) 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.