Faae Incorporated
Nonprofit profile at a glance
- EIN
- 822599449
- IRS 990-EZ coverage
- 2018–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2017
- Location
- Maspeth, NY, USA
- Phone
- 6468817916
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $25,078
- Expenses
- $42,458
- Assets
- $29,681
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
43 people listed
Executive titles in this filing
- Gerry Gamaro (PRESIDENT)
- Richard Quinto (PRESIDENT-ELECT)
- Lee Anne Vigilia (VICE-PRESIDENT - NY)
- Ian Jonathan Gonzales (VICE-PRESIDENT - NJ)
- John Kurt Setias (VICE-PRESIDENT - CT)
People named in this filing
- Gerry Gamaro (PRESIDENT)
- Richard Quinto (PRESIDENT-ELECT)
- Lee Anne Vigilia (VICE-PRESIDENT - NY)
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
See Schedule O.
Operating model
- Revenue model
- Donor-supported. 67% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 58% for direct work, and 42% for 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: 96
- Transparency & Controls: 82
- Sustainability: 31
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 89.2%; rating input score 89
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -69.3%; rating input score 10; 10th percentile among comparable filings
- Total-asset coverage ratio: 0.7; rating input score 39; 39th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 2.9% per year; rating input score 100; 55th percentile among comparable filings
- Revenue growth: -1.6% per year; rating input score 0; 44th percentile among comparable filings
- Asset growth: 23.7% per year; rating input score 100; 87th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 89.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $38K in reported program spending
- Leadership: top reported pay $0 · 43 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 8 filing years from 2018 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 10/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.