121 Charitable Fund Inc

Nonprofit profile at a glance

EIN
453171541
IRS 990-EZ coverage
2014–2016
Forms available
Form 990-EZ 2016
Location
North Salem, NY, USA
Phone
9146690121
Rating confidence
Limited
Sector
Named Trusts N.E.C.

Reported finances

Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.

Leadership & pay

3 people listed

People named in this filing

  • PETER DEVITO (DIRECTOR)
  • MICHELE SAVINO (DIRECTOR)
  • TINAGERO DAVID (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2016. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The corporation is formed for the charitable purpose of receiving contributions and paying them to designated charitable organizations serving the residents of the greater westchester county, New York area, and who provide such residents with housing, food, clothing and outreach services. The corporation accomplishes this purpose by promoting and sponsoring social events and conferences relating to research and awareness of such charitable organizations and making donations and grants to charitable funds, philanthropic organizations and institutions involved in providing housing, food, clothing and outreach services to underserved residents of the greater westchester county, New York area.

What it reported doing in 2016

The organization makes donations to charitable funds, philantropic organizations and institutions involved in providing housing, food, clothing and outreach services to underserved residents of the greater westchester county

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: NotEnoughData
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: -150% per year; rating input score 0; 4th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 1 of 1 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2014 to 2016
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Asset growth scored 0/100.