Michael B Carapellotti Charitable Foundation is a 501(c)(3) organization based in Steubenville, Ohio, registered in 2015, with $0 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$0
Philanthropy median: $168K
Expenses (FY2024)
$650
Net assets
$23K
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 Michael B Carapellotti Charitable 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 Michael B Carapellotti Charitable Foundation: 417 mo reserves 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 Michael B Carapellotti Charitable 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 Michael B Carapellotti Charitable Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $39K (FY2016) to $0 (FY2024) across 9 reported years.
Financial snapshot
Total assets
$23K
Total liabilities
$495
Net assets
$23K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $0 | $650 | $22,572▼2.8% | $23,067▼2.7% | 990PF |
| 2023 | $0▼100% | $0▼100% | $23,222 | $23,717▲2.1% | 990PF |
| 2022 | $12,392▼32.2% | $11,205▼23.5% | $23,222▲5.4% | $23,222▲5.4% | 990PF |
| 2021 | $18,289▼25.9% | $14,647▼18.1% | $22,035▲19.8% | $22,035▲19.8% | 990PF |
| 2020 | $24,668▲23.2% | $17,890▲11.4% | $18,393▲58.4% | $18,393▲58.4% | 990PF |
| 2019 | $20,030▼5.2% | $16,059▼31.0% | $11,615▲51.9% | $11,615▲51.9% | 990PF |
| 2018 | $21,135▼12.7% | $23,290▼13.4% | $7,644▼22.0% | $7,644▼22.0% | 990PF |
| 2017 | $24,207▼37.9% | $26,887▼32.8% | $9,799▼21.5% | $9,799▼21.5% | 990PF |
| 2016 | $39,006 | $40,021 | $12,479 | $12,479 | 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 Michael B Carapellotti Charitable Foundation (EIN 47-4730437) 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.