Laura H Petito Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Laura H Petito Foundation is a 501(c)(3) organization based in Tequesta, Florida, registered in 1985, with $323 in FY2024 revenue. CharityIndex grades it F.
Co D Petito - 10458 Se Banyan Way, Tequesta, FL, 33469 EIN 59-2536762 Since 1985
Revenue (FY2024)
$323
▼ 13.4% vs prior year
Expenses (FY2024)
$600
Net assets
$7,363
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Laura H Petito Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating147 mo reserves · -86% 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 Laura H Petito Foundation: 147 mo reserves · -86% margin earns a F 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 Laura H Petito Foundation— 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 Laura H Petito Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
Financial trends
Revenue grew from $0 (FY2020) to $323 (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $7,363
Operating margin
-85.8%
Spent more than it raised in the latest fiscal year.
Total assets
$7,363
Total liabilities
$0
Net assets
$7,363
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $323▼13.4% | $600▲3.4% | $7,363▼3.6% | $7,363▼3.6% | 990PF |
| 2023 | $373▲38.1% | $580▼27.5% | $7,640▼2.6% | $7,640▼2.6% | 990PF |
| 2022 | $270▲2900% | $800▲60.0% | $7,847▼6.3% | $7,847▼6.3% | 990PF |
| 2021 | $9 | $500▲0.2% | $8,377▼5.5% | $8,377▼5.5% | 990PF |
| 2020 | $0 | $499 | $8,868 | $8,868 | 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 Laura H Petito Foundation a legitimate nonprofit?
- Yes. Laura H Petito Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 59-2536762, based in Tequesta, Florida. Donations are tax-deductible.
- What is Laura H Petito Foundation's EIN?
- Laura H Petito Foundation's Employer Identification Number (EIN) is 59-2536762.
- How much revenue does Laura H Petito Foundation report?
- Laura H Petito Foundation reported $323 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Laura H Petito Foundation have?
- CharityIndex grades Laura H Petito Foundation F, based on financial health (reserves and operating margin).
More nonprofits in Tequesta
Explore more
Data for Laura H Petito Foundation (EIN 59-2536762) 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.