Nicholas A Caspero and Tomiko Vasey Foundation is a 501(c)(3) organization based in Charlotte, North Carolina, registered in 2019, with $304,921 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$305K
▲ 150.0% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$271K
Net assets
$4.4M
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 Nicholas A Caspero and Tomiko Vasey 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 Nicholas A Caspero and Tomiko Vasey Foundation: 197 mo reserves · +11% margin 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 Nicholas A Caspero and Tomiko Vasey 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 Nicholas A Caspero and Tomiko Vasey 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.
Revenue grew from $0 (FY2017) to $305K (FY2024) across 8 reported years.
Financial snapshot
Operating margin
11.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.4M
Total liabilities
$0
Net assets
$4.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $304,921▲150% | $270,872▼6.2% | $4,441,961▲3.6% | $4,441,961▲3.6% | 990PF |
| 2023 | $121,945▼28.9% | $288,890▲1.3% | $4,286,061▼3.7% | $4,286,061▼3.7% | 990PF |
| 2022 | $171,454▼58.4% | $285,255▲19.7% | $4,451,852▼2.5% | $4,451,852▼2.5% | 990PF |
| 2021 | $411,941▼90.7% | $238,367▲328% | $4,564,405▲3.9% | $4,564,405▲3.9% | 990PF |
| 2020 | $4,449,135 | $55,673 | $4,392,024 | $4,392,024 | 990PF |
| 2019 | $0 | $0 | $0 | $0 | 990PF |
| 2018 | $0 | $0 | $0 | $0 | 990PF |
| 2017 | $0 | $0 | $0 | $0 | 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.
Explore more
Data for Nicholas A Caspero and Tomiko Vasey Foundation (EIN 83-6709544) 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.