Richard A Barone Charitable Foundation is a 501(c)(3) organization based in Lyndhurst, Ohio, registered in 2009, with $207,366 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$207K
▼ 50.9% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$209K
Net assets
$1.6M
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 Richard A Barone 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 Richard A Barone Charitable Foundation: 90 mo reserves · -1% 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 Richard A Barone 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 Richard A Barone Charitable Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $445K (FY2013) to $207K (FY2023) across 10 reported years.
Financial snapshot
Operating margin
-0.6%
Spent more than it raised in the latest fiscal year.
Total assets
$1.6M
Total liabilities
$6,707
Net assets
$1.6M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $207,366▼50.9% | $208,554▲2.8% | $1,572,072▼0.1% | $1,578,779▼0.1% | 990PF |
| 2022 | $422,185▲283% | $202,943▼9.6% | $1,573,260▲16.2% | $1,579,967▲16.1% | 990PF |
| 2021 | $110,118▲118% | $224,576▲187% | $1,354,017▼7.8% | $1,360,724▼7.3% | 990PF |
| 2020 | $50,595▲17.6% | $78,176▲1.4% | $1,468,475▼1.8% | $1,468,475▼1.8% | 990PF |
| 2019 | $43,011▼80.5% | $77,090▼40.1% | $1,496,056▼2.2% | $1,496,055▼2.2% | 990PF |
| 2018 | $220,443▲338% | $128,654▼29.9% | $1,530,134▲6.4% | $1,530,134▲6.4% | 990PF |
| 2017 | $50,344▲98.0% | $183,472▼34.5% | $1,438,344▼8.6% | $1,438,344▼8.6% | 990PF |
| 2016 | $25,422▼95.8% | $280,260▲60.7% | $1,572,926▼16.3% | $1,572,926▼16.3% | 990PF |
| 2014 | $603,769▲35.7% | $174,417▲57.1% | $1,878,982▲27.4% | $1,879,087▲27.4% | 990PF |
| 2013 | $445,022 | $111,055▲26.6% | $1,474,410▲29.3% | $1,474,410▲29.3% | 990PF |
| 2012 | — | $87,706▲23.8% | $1,140,443▲34.9% | $1,140,443▲34.9% | 990PF |
| 2011 | — | $70,852▲68.0% | $845,570▲21.7% | $845,570▲21.7% | 990PF |
| 2010 | — | $42,185 | $694,865 | $694,865 | 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 Richard A Barone Charitable Foundation (EIN 80-0306290) 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.