Fiorello H Laguardia Foundation Inc
Nonprofit profile at a glance
- EIN
- 134199323
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024
- Location
- New York, NY, USA
- Phone
- 2125701064
- Rating
- 68
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Public Foundations
Reported finances
- Revenue
- $188,980
- Expenses
- $85,872
- Assets
- $139,374
- Liabilities
- $8,416
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- PATRICK J D'ADDARIO (President)
People named in this filing
- PATRICK J D'ADDARIO (President)
- Dr Russell Delucia (member)
- Dr Katherine Laguardia (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The foundation's mission is to structure partnerships in (1) Community-based development and South-to-South technology transfer (2) Sustainable agriculture and improved access to water (3) Clean energy infrastructure and (4) Health, education and academic exchange.
What it reported doing in 2024
1.In Africa, LGF provided technical assistance in designing a program to provide access to clean energy for 1000 public schools and hospitals in the Gambia (with the European Union and European Investment Bank), leading to the development of a regulatory framework to enable small renewable energy producers to connect to the electric grid. 2.In the Caribbean and the Americas, the Foundation continues to work with the Private Financing Advisory Network (PFAN) to support clean energy entrepreneurs collaborating with poor, rural communities to provide energy, water, health, and other infrastructure services necessary for their economic development.3. The Foundation has been in consultative status with the United Nations Economic and Social Council (UN ECOSOC) since 2013.4. The Foundation supports public art and cultural projects, particularly in New York City, to promote civic engagement, historical awareness, and community development.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- 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
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 40
- Transparency & Controls: 92
- Accountability: 88
- Sustainability: 71
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 26.7%; rating input score 27
- Program expense ratio: 58.8%; rating input score 59
- Fundraising efficiency: $13.21 raised per $1 spent on fundraising; rating input score 47; 47th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 54.6%; rating input score 93; 93rd percentile among comparable filings
- Total-asset coverage ratio: 1.62; rating input score 54; 54th percentile among comparable filings
- Liabilities to assets ratio: 0.06; rating input score 31; 31st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: -3% per year; rating input score 0; 21st percentile among comparable filings
- Revenue growth: 2.7% per year; rating input score 100; 39th percentile among comparable filings
- Asset growth: 8.1% per year; rating input score 100; 60th percentile among comparable filings
Details
- Where the money goes: 26.7% of revenue deployed · 58.8% of spending went to programs
- Governance: 7 of 7 board members independent · 5 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $50K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 19 of 19 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 10 filing years from 2015 to 2024
- 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 — Financial Efficiency: Mission deployment rate scored 27/100.
- Review — Financial Efficiency: Program expense ratio scored 59/100.
- Moderate — Financial Efficiency: Fundraising efficiency scored 47/100.
- High — Growth: Program expense growth scored 0/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Review — Sustainability: Total-asset coverage ratio scored 54/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 31/100.