James J Pallotta Charitable Trust
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
James J Pallotta Charitable Trust is a 501(c)(3) organization based in Weston, Massachusetts, registered in 1993, with $2,022,908 in FY2024 revenue. CharityIndex grades it C+.
C/o Larry Lester 180 Ash Street, Weston, MA, 02493 EIN 22-3208194 Since 1993
Revenue (FY2024)
$2.0M
▲ 2114.8% vs prior year
Expenses (FY2024)
$2.0M
Net assets
$5.9M
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 James J Pallotta Charitable Trust— 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 rating36 mo reserves · +3% 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 James J Pallotta Charitable Trust: 36 mo reserves · +3% 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 James J Pallotta Charitable Trust— 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 James J Pallotta Charitable Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- C/o Larry Lester 180 Ash Street, Weston, MA, 02493
- City
- Weston
- State
- Massachusetts
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $29.7M (FY2020) to $2.0M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $5.9M
Operating margin
3.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$5.9M
Total liabilities
$0
Net assets
$5.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,022,908▲2115% | $1,956,234▼9.4% | $5,852,290▼6.5% | $5,852,290▼6.5% | 990PF |
| 2023 | $91,336▼96.6% | $2,158,802▲2.8% | $6,259,938▼24.8% | $6,259,938▼24.8% | 990PF |
| 2022 | $2,661,735▲70.0% | $2,100,509▼58.1% | $8,327,404▼8.4% | $8,327,404▼8.4% | 990PF |
| 2021 | $1,565,431▼94.7% | $5,018,224▲141% | $9,088,980▼31.4% | $9,088,980▼31.4% | 990PF |
| 2020 | $29,665,080 | $2,083,035 | $13,254,645 | $13,254,645 | 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 James J Pallotta Charitable Trust a legitimate nonprofit?
- Yes. James J Pallotta Charitable Trust is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 22-3208194, based in Weston, Massachusetts. Donations are tax-deductible.
- What is James J Pallotta Charitable Trust's EIN?
- James J Pallotta Charitable Trust's Employer Identification Number (EIN) is 22-3208194.
- How much revenue does James J Pallotta Charitable Trust report?
- James J Pallotta Charitable Trust reported $2,022,908 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does James J Pallotta Charitable Trust have?
- CharityIndex grades James J Pallotta Charitable Trust C+, based on financial health (reserves and operating margin).
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Data for James J Pallotta Charitable Trust (EIN 22-3208194) 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.