Michael L Fiorelli Sr Foundation Inc is a 501(c)(3) organization based in West Chester, Pennsylvania, registered in 1999, with $3,988 in FY2023 revenue. CharityIndex grades it F.
Revenue (FY2023)
$3,988
▲ 11.2% vs prior year
Expenses (FY2023)
$9,397
Net assets
$205K
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 L Fiorelli Sr 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 →
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 L Fiorelli Sr Foundation Inc: 262 mo reserves · -136% margin earns a F 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 L Fiorelli Sr 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 →
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 L Fiorelli Sr Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $12K (FY2013) to $3,988 (FY2023) across 11 reported years.
Financial snapshot
Operating margin
-135.6%
Spent more than it raised in the latest fiscal year.
Total assets
$205K
Total liabilities
$0
Net assets
$205K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $3,988▲11.2% | $9,397▲451% | $204,952▲7.9% | $204,952▲7.9% | 990PF |
| 2022 | $3,585▲11.5% | $1,706▼75.2% | $189,972▼13.9% | $189,972▼13.9% | 990PF |
| 2021 | $3,214▲157% | $6,891▲340% | $220,680 | $220,680▲9.9% | 990PF |
| 2020 | $1,249▼83.5% | $1,565▼87.5% | $0 | $200,808▲8.0% | 990PF |
| 2019 | $7,577▲89.1% | $12,556▲2.9% | $0▼100% | $185,995▲9.2% | 990PF |
| 2018 | $4,007▼68.1% | $12,206▲1.2% | $175,390▲30.9% | $170,308▲27.1% | 990PF |
| 2017 | $12,563▲91.8% | $12,061▼0.4% | $133,989▲0.4% | $133,989▲0.4% | 990PF |
| 2016 | $6,549▼48.0% | $12,109▲4.6% | $133,487▼4.0% | $133,487▼4.0% | 990PF |
| 2015 | $12,593▲22.2% | $11,580▼0.5% | $139,047▲0.7% | $139,047▲0.7% | 990PF |
| 2014 | $10,309▼10.7% | $11,642▲17.9% | $138,034▼1.0% | $138,034▼1.0% | 990PF |
| 2013 | $11,547 | $9,876▲2.6% | $139,367▲1.2% | $139,367▲1.2% | 990PF |
| 2012 | — | $9,627 | $137,696 | $137,696 | 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 L Fiorelli Sr Foundation Inc (EIN 23-2833894) 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.