Joseph V Caruana Memorial Foundation Inc
Only null% goes to programs Strong reserves Growing revenue
Joseph V Caruana Memorial Foundation Inc is a 501(c)(3) organization based in Rockaway Park, New York, registered in 2018, with $22,932 in FY2024 revenue. CharityIndex grades it C+.
554 Beach 130th St, Rockaway Park, NY, 11694 EIN 82-3846671 Since 2018
Revenue (FY2024)
$23K
▲ 58.0% vs prior year
Education median: $200K
Expenses (FY2024)
$24K
Net assets
$31K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Joseph V Caruana Memorial 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 rating15 mo reserves · -6% 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 Joseph V Caruana Memorial Foundation Inc: 15 mo reserves · -6% 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 Joseph V Caruana Memorial 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 →
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 Joseph V Caruana Memorial Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 554 Beach 130th St, Rockaway Park, NY, 11694
- City
- Rockaway Park
- State
- New York
- Category
- Education
- Subcategory
- Student Services & Aid
Financial trends
Revenue declined from $76K (FY2018) to $23K (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Operating margin
-6.1%
Spent more than it raised in the latest fiscal year.
Total assets
$31K
Net assets
$31K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $22,932▲58.0% | $24,327▲25.5% | $31,029▼4.3% | $31,029▼4.3% | 990EZ |
| 2023 | $14,514▲2019% | $19,387▲35.6% | $32,424▼13.1% | $32,424▼13.1% | 990EZ |
| 2022 | $685▼26.3% | $14,299▲41.9% | $37,297▼26.7% | $37,297▼26.7% | 990EZ |
| 2021 | $930▲377% | $10,074▼14.7% | $50,911▼15.2% | $50,911▼15.2% | 990EZ |
| 2020 | $195▼98.1% | $11,812▲101% | $60,055▼16.2% | $60,055▼16.2% | 990EZ |
| 2019 | $10,037▼86.8% | $5,888▼32.9% | $71,672▲6.1% | $71,672▲6.1% | 990EZ |
| 2018 | $76,293 | $8,770 | $67,523 | $67,523 | 990EZ |
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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Frequently asked questions
- Is Joseph V Caruana Memorial Foundation Inc a legitimate nonprofit?
- Yes. Joseph V Caruana Memorial Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 82-3846671, based in Rockaway Park, New York. Donations are tax-deductible.
- What is Joseph V Caruana Memorial Foundation Inc's EIN?
- Joseph V Caruana Memorial Foundation Inc's Employer Identification Number (EIN) is 82-3846671.
- How much revenue does Joseph V Caruana Memorial Foundation Inc report?
- Joseph V Caruana Memorial Foundation Inc reported $22,932 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Joseph V Caruana Memorial Foundation Inc have?
- CharityIndex grades Joseph V Caruana Memorial Foundation Inc C+, based on financial health (reserves and operating margin).
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Data for Joseph V Caruana Memorial Foundation Inc (EIN 82-3846671) 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.