Almsgiving Foundation Inc
Nonprofit profile at a glance
- EIN
- 844015321
- IRS 990-EZ coverage
- 2024–2025
- Forms available
- Form 990 2023, Form 990-EZ 2025, Form 990-N 2021
- Location
- Westfield, MA, USA
- Phone
- 4134548149
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Public Foundations
Reported finances
- Revenue
- $56,421
- Expenses
- $56,063
- Assets
- $503
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- ALEXANDRU PASCAL (PRESIDENT)
People named in this filing
- ALEXANDRU PASCAL (PRESIDENT)
- ALONA PASCAL (TREASURER/CL)
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
Almsgiving foundation inc. Mission is to serve homeless, low-income families and individuals by providing support and encouragement with emergency subsistence services, transitional living facilities and employment training services to transform lives and build a better future together.
What it reported doing in 2025
Almsgiving foundation inc. Mission is to serve homeless, low-income families and individuals by providing support and encouragement with emergency subsistence services, transitional living facilities and employment training services to transform lives and build a better future together.the almsgiving team wants to raise awareness about missions that are already serving our communities, find opportunities to increase help to those in need, and improve the process of delivering the necessary materials people are in search of.we are happy to support pantries and ministries already in operation in the local area. Almsgiving currently helps between bridges, headed by pastor larry, with clothing for the homeless and other vital essentials.we plan to be established as a food pantry ourselves so that we can streamline your donations and help donation centers keep up with demand.one of our long term goals, is to aquire a transitional living facility for recently evicted families or homeless looking for a pathway forward to recover. We believe this to be a powerful resource for those people who have lost it all and not sure how to get back up.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 99
- Transparency & Controls: 82
- Sustainability: 30
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 98.7%; rating input score 99
- Program expense ratio: 99.3%; rating input score 99
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 0.6%; rating input score 46; 46th percentile among comparable filings
- Total-asset coverage ratio: 0.01; rating input score 7; 7th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -51.5% per year; rating input score 0; 8th percentile among comparable filings
- Revenue growth: -20.2% per year; rating input score 0; 15th percentile among comparable filings
- Asset growth: -37.3% per year; rating input score 0; 6th percentile among comparable filings
Details
- Where the money goes: 98.7% of revenue deployed · 99.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $56K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 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 — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 7/100.
- Moderate — Sustainability: Operating margin scored 46/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.