Gregory T Spagnoletti Memorial Foundation is a 501(c)(3) organization based in Plantsville, Connecticut, registered in 2002, with $216,556 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$217K
▲ 136.9% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$51K
Net assets
$408K
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 Gregory T Spagnoletti Memorial 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 Gregory T Spagnoletti Memorial Foundation: 95 mo reserves · +76% 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 Gregory T Spagnoletti Memorial 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 Gregory T Spagnoletti Memorial Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $73K (FY2013) to $217K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
76.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$408K
Total liabilities
$0
Net assets
$408K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $216,556▲137% | $51,384▼30.3% | $408,441▲67.9% | $408,441▲67.9% | 990PF |
| 2023 | $91,423▲4.1% | $73,774▲18.0% | $243,269▲7.8% | $243,269▲7.8% | 990PF |
| 2022 | $87,831▲7.9% | $62,541▼29.9% | $225,620▲12.6% | $225,620▲12.6% | 990PF |
| 2021 | $81,425▲10053% | $89,210▲62.2% | $200,330▼3.7% | $200,330▼3.7% | 990PF |
| 2020 | $802▼98.8% | $54,991▲20.5% | $208,115▼20.7% | $208,115▼20.7% | 990PF |
| 2019 | $69,049▲12.6% | $45,647▲34.0% | $262,304▲9.8% | $262,304▲9.8% | 990PF |
| 2018 | $61,297▼24.1% | $34,060▼39.7% | $238,902▲12.9% | $238,902▲12.9% | 990PF |
| 2017 | $80,780▲3.5% | $56,479▼14.2% | $211,665▲13.0% | $211,665▲13.0% | 990PF |
| 2016 | $78,065▲4.4% | $65,822▼3.0% | $187,364▲7.0% | $187,364▲7.0% | 990PF |
| 2015 | $74,771▲3.1% | $67,881▼25.2% | $175,121▲4.1% | $175,121▲4.1% | 990PF |
| 2014 | $72,491▼1.2% | $90,742▲149% | $168,231▼9.8% | $168,231▼9.8% | 990PF |
| 2013 | $73,361 | $36,474 | $186,482 | $186,482 | 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 Gregory T Spagnoletti Memorial Foundation (EIN 06-1633779) 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.