The Joseph A Ferrara and Joan Ferrara Family Foundation
Only null% goes to programs Strong reserves Growing revenue
The Joseph A Ferrara and Joan Ferrara Family Foundation is a 501(c)(3) organization based in Garden City, New York, registered in 2017, with $1,031,378 in FY2024 revenue. CharityIndex grades it C+.
146 Oxford Blvd, Garden City, NY, 11530 EIN 35-7111960 Since 2017
Revenue (FY2024)
$1.0M
▲ 95309.6% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$183K
Net assets
$900K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
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 The Joseph A Ferrara and Joan Ferrara 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 →
AFinancial health25% of the rating59 mo reserves · +82% margin
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 The Joseph A Ferrara and Joan Ferrara Family Foundation: 59 mo reserves · +82% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 The Joseph A Ferrara and Joan Ferrara 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 →
DTransparency10% of the rating1 of 5 disclosure signals
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 The Joseph A Ferrara and Joan Ferrara Family Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 146 Oxford Blvd, Garden City, NY, 11530
- City
- Garden City
- State
- New York
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $1,851 (FY2017) to $1.0M (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $900K
Operating margin
82.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$900K
Total liabilities
$0
Net assets
$900K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,031,378▲95310% | $182,769▲854% | $899,539▲1666% | $899,539▲1666% | 990PF |
| 2023 | $1,081▲543% | $19,150▲283% | $50,930▼26.2% | $50,930▼26.2% | 990PF |
| 2022 | $168▲273% | $5,000▼86.3% | $68,999▼6.5% | $68,999▼6.5% | 990PF |
| 2021 | $45▼89.0% | $36,500▲135% | $73,831▼33.1% | $73,831▼33.1% | 990PF |
| 2020 | $409▼76.8% | $15,500▼78.4% | $110,286▼16.5% | $110,286▼16.5% | 990PF |
| 2018 | $1,764▼4.7% | $71,619▼74.1% | $132,068▼34.6% | $132,068▼34.6% | 990PF |
| 2017 | $1,851 | $276,980 | $201,923 | $201,923 | 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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Frequently asked questions
- Is The Joseph A Ferrara and Joan Ferrara Family Foundation a legitimate nonprofit?
- Yes. The Joseph A Ferrara and Joan Ferrara Family Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 35-7111960, based in Garden City, New York. Donations are tax-deductible.
- What is The Joseph A Ferrara and Joan Ferrara Family Foundation's EIN?
- The Joseph A Ferrara and Joan Ferrara Family Foundation's Employer Identification Number (EIN) is 35-7111960.
- How much revenue does The Joseph A Ferrara and Joan Ferrara Family Foundation report?
- The Joseph A Ferrara and Joan Ferrara Family Foundation reported $1,031,378 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does The Joseph A Ferrara and Joan Ferrara Family Foundation have?
- CharityIndex grades The Joseph A Ferrara and Joan Ferrara Family Foundation C+, based on financial health (reserves and operating margin).
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Data for The Joseph A Ferrara and Joan Ferrara Family Foundation (EIN 35-7111960) 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.