Philip A and Lisa M Colletta Family Foundation is a 501(c)(3) organization based in Muttontown, New York, registered in 2015, with $46,000 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$46K
Philanthropy median: $168K
Expenses (FY2024)
$33K
Net assets
$388K
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 Philip A and Lisa M Colletta Family 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 Philip A and Lisa M Colletta Family Foundation: 142 mo reserves · +29% 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 Philip A and Lisa M Colletta Family 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 Philip A and Lisa M Colletta Family Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $0 (FY2015) to $46K (FY2024) across 10 reported years.
Financial snapshot
Operating margin
28.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$391K
Total liabilities
$2,900
Net assets
$388K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $46,000 | $32,800▲1115% | $388,100▼29.1% | $391,000▼28.9% | 990PF |
| 2023 | $0 | $2,700▼84.2% | $547,370▲8.8% | $550,170▲8.8% | 990PF |
| 2022 | $0▼100% | $17,100▼34.8% | $502,900▼15.5% | $505,500▼15.0% | 990PF |
| 2021 | $31,245▼68.9% | $26,245▼25.2% | $595,000▼19.6% | $595,000▼19.6% | 990PF |
| 2020 | $100,571▼80.9% | $35,070▼13.9% | $740,000▼2.4% | $740,000▼2.4% | 990PF |
| 2019 | $527,546▲882% | $40,730▲9.1% | $758,362▲179% | $758,362▲179% | 990PF |
| 2018 | $53,729▼89.3% | $37,340▼4.5% | $271,546▼41.6% | $271,546▼41.6% | 990PF |
| 2017 | $504,147 | $39,083 | $465,164▲465064% | $465,164▲465064% | 990PF |
| 2016 | $0 | $0 | $100 | $100 | 990PF |
| 2015 | $0 | $0 | $100 | $100 | 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 Philip A and Lisa M Colletta Family Foundation (EIN 47-4476087) 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.