Samuel J & Connie Frankino Charitable Foundation is a 501(c)(3) organization based in Millville, New Jersey, registered in 1988, with $59,439 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$59K
▼ 90.7% vs prior year
Expenses (FY2024)
$1.2M
Net assets
$17.9M
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 Samuel J & Connie Frankino 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 Samuel J & Connie Frankino Charitable Foundation: 182 mo reserves · -1882% 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 Samuel J & Connie Frankino 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 Samuel J & Connie Frankino Charitable Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $371K (FY2017) to $59K (FY2024) across 8 reported years.
Financial snapshot
Operating margin
-1882.4%
Spent more than it raised in the latest fiscal year.
Total assets
$17.9M
Total liabilities
$2,542
Net assets
$17.9M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $59,439▼90.7% | $1,178,338▼26.8% | $17,914,812▼5.9% | $17,917,354▼6.2% | 990PF |
| 2023 | $638,442▲71.7% | $1,609,663▼20.6% | $19,033,711▼4.9% | $19,108,382▼4.5% | 990PF |
| 2022 | $371,851▼87.9% | $2,027,820▼23.0% | $20,004,932▼7.6% | $20,004,932▼7.6% | 990PF |
| 2021 | $3,078,162▲77.9% | $2,633,865▲46.6% | $21,660,901▲2.1% | $21,660,901▲2.1% | 990PF |
| 2020 | $1,729,806▲19.2% | $1,796,362▲3.4% | $21,216,604▼0.3% | $21,216,604▼0.3% | 990PF |
| 2019 | $1,450,774▲265% | $1,737,909▲2.0% | $21,283,160▼1.3% | $21,283,160▼1.3% | 990PF |
| 2018 | $397,714▲7.1% | $1,703,366▼17.6% | $21,570,295▼5.7% | $21,570,295▼5.7% | 990PF |
| 2017 | $371,398 | $2,068,019 | $22,875,947 | $22,880,947 | 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 Samuel J & Connie Frankino Charitable Foundation (EIN 34-1577766) 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.