Condo Foundation Inc

Nonprofit profile at a glance

EIN
822282905
IRS 990-PF coverage
2021–2025
Forms available
Form 990-PF 2025
Location
Homestead, FL, USA
Phone
7864796659
Rating
89
Verdict
STRONG
Rating confidence
Standard
Sector
Private Operating Foundations

Reported finances

Revenue
$121,360
Expenses
$47,217

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

Overview

Mission

Private Operating Foundations

What it reported funding in 2025

The foundation reported 3 grants totaling $42,260. The stated grant purposes included freeing families from extreme poverty through monthly support and empowerment, kibungo is a groung of young orphans/ fostered kids we help pay for elementary, middle and high school fees and occasional transport for a few to and from their foster home runyinya school is an elementary , middle and high school we help pay for : school fees basic health insurance uniforms, shoes and school materials for runyinya school: we paid for the construction of: 4 toilets 2 or 3 classrooms roofs electric lights for one classroom we paid for private tutoring for a month for 6th and 12th grades students, and runyinya school is an elementary , middle and high school we help pay for : school fees basic health insurance uniforms, shoes and school materials for runyinya school: we paid for the construction of: 4 toilets 2 or 3 classrooms roofs electric lights for one classroom we paid for private tutoring for a month for 6th and 12th grades students.

Operating model

Revenue model
Donor-supported. 100% of the foundation's positive operating resources came from contributions.
Distribution model
Grant intermediary. The foundation distributed 100% of its reported charitable disbursements as grants.

The verdict

STRONG - A large share of available resources goes to charitable grants and the filed numbers largely add up. Assets provide a limited cushion relative to annual grants.

Rating breakdown

  • Grant Deployment: 100
  • Cost Efficiency: 90
  • Transparency: 100
  • Compliance: 100
  • Endowment Health: 10

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 100%; rating input score 100; 94th percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 89.5%; rating input score 90; 74th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Part VII-B activity disclosures: 19 of 19 controls in place; rating input score 100
    • Property sale or exchange with a disqualified person: Pass
    • Borrowing from or lending to a disqualified person: Pass
    • Goods, services, or facilities involving a disqualified person: Pass
    • Compensation paid to a disqualified person: Pass
    • Assets transferred to a disqualified person: Pass
    • Payment to a government official: Pass
    • Uncorrected prior self-dealing: Pass
    • Prior-year undistributed income: Pass
    • Excess business holdings: Pass
    • Investments that may jeopardize charitable purposes: Pass
    • Uncorrected prior-year jeopardizing investments: Pass
    • Attempt to influence legislation: Pass
    • Attempt to influence an election: Pass
    • Grants to individuals: Pass
    • Grants to organizations: Pass
    • Spending for a noncharitable purpose: Pass
    • Funds received for a personal-benefit contract: Pass
    • Premiums paid on a personal-benefit contract: Pass
    • Prohibited tax-shelter transaction: Pass
  • Filing consistency checks: 10; rating input score 100

Endowment Health

  • Endowment-health comparison: 2.39; rating input score 10; 10th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: At least 100% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: 10th percentile for endowment coverage
  • Consistency: 10 of 10 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 5 filing years from 2021 to 2025
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • 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 — Endowment Health: Endowment-health comparison scored 10/100.