Nicola-musso Charitable Foundation Inc is a 501(c)(3) organization based in Jericho, New York, registered in 2009, with $10,000 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$10K
Philanthropy median: $168K
Expenses (FY2024)
$2,192
Net assets
$11K
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 Nicola-musso Charitable 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 Nicola-musso Charitable Foundation Inc: 63 mo reserves · +78% 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 Nicola-musso Charitable 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 Nicola-musso Charitable Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $1,858 (FY2013) to $10K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
78.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$12K
Total liabilities
$617
Net assets
$11K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $10,000 | $2,192▼4.2% | $11,432▲216% | $12,049▲233% | 990PF |
| 2023 | $0 | $2,289▲0.5% | $3,619▼38.7% | $3,619▼38.7% | 990PF |
| 2022 | $0 | $2,277 | $5,908▼27.8% | $5,908▼27.8% | 990PF |
| 2021 | $0▼100% | $2,277▼44.2% | $8,185▼21.8% | $8,185▼21.8% | 990PF |
| 2020 | $27▲440% | $4,082▼62.7% | $10,462▼27.9% | $10,462▼27.9% | 990PF |
| 2019 | $5▼37.5% | $10,955▲228% | $14,517▼43.0% | $14,517▼43.0% | 990PF |
| 2018 | $8▼20.0% | $3,342▼39.4% | $25,467▼11.6% | $25,467▼11.6% | 990PF |
| 2017 | $10▼100.0% | $5,513▼95.3% | $28,801▼16.0% | $28,801▼16.0% | 990PF |
| 2016 | $44,491▲234063% | $117,683▲13.5% | $34,304▼68.1% | $34,304▼68.1% | 990PF |
| 2015 | $19▼48.6% | $103,700▼55.8% | $107,496▼49.1% | $107,496▼49.1% | 990PF |
| 2014 | $37▼98.0% | $234,618▲196% | $211,177▼52.6% | $211,177▼52.6% | 990PF |
| 2013 | $1,858 | $79,319▲323% | $445,758▼14.8% | $445,758▼14.8% | 990PF |
| 2012 | — | $18,740▼39.3% | $523,219▼2.7% | $523,219▼2.7% | 990PF |
| 2011 | — | $30,860 | $537,582 | $537,582 | 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 Nicola-musso Charitable Foundation Inc (EIN 26-2834040) 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.