Agbo Foundation

Nonprofit profile at a glance

EIN
933539992
IRS 990-EZ coverage
2024–2025
Forms available
Form 990-EZ 2025, Form 990-N 2023
Location
Los Angeles, CA, USA
Phone
4244215000
Rating
93
Verdict
STRONG
Rating confidence
Moderate
Sector
Arts, Cultural Organizations - Multipurpose

Reported finances

Revenue
$10,000
Expenses
$60,308
Assets
$12,300
Liabilities
$49,900

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • ANGELA RUSSO-OTSTOT (PRESIDENT)

People named in this filing

  • ANGELA RUSSO-OTSTOT (PRESIDENT)
  • MATTHEW DAVIDSON (TREASURER)
  • LESLEY FREEMAN (SECRETARY)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To support the russo brothers italian american film festival, which celebrates the development of short films that explore the italian american experience and educate the public about italian culture and people.each year, five selected applicants will receive a $10,000 production grant to develop their submitted concepts into short films. Additionally, the winning film among these five will be awarded an extra $10,000 and admittance into the agbo storyteller's collective, an alumni of filmmakers, to connect with one another to collaborate and support each other's growth as artists.

What it reported doing in 2025

To support the russo brothers italian american film festival, explore the italian american experience through development of short films, and educate the public about italian culture and people.each year, five selected applicants will receive a $10,000 production grant to develop their submitted concepts into short films. Additionally, the winning film among these five will be awarded an extra $10,000 and admittance into the agbo storyteller's collective, an alumni of filmmakers, to connect with one another to collaborate and support each other's growth as artists.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 99% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 100
  • Sustainability: 14
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -503.1%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 0.2; rating input score 18; 18th percentile among comparable filings
  • Liabilities to assets ratio: 4.06; rating input score 2; 2nd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 12.3% per year; rating input score 100; 74th percentile among comparable filings
  • Revenue growth: -147.4% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: -3.3% per year; rating input score 0; 28th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $60K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • 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 — Sustainability: Operating margin scored 3/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 18/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 2/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.