Frank Sollecito Jr Leukemia Fund

Nonprofit profile at a glance

EIN
770323073
IRS 990-EZ coverage
2013–2025
Forms available
Form 990-EZ 2025
Location
Carmel, CA, USA
Phone
8315213490
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$15,000
Expenses
$3,626
Assets
$27,490

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

Leadership & pay

13 people listed

Executive titles in this filing

  • Frank Sollecito (Vice President)
  • Brian Poma (President)

People named in this filing

  • Sannie Sollecito (Secretary)
  • Frank Sollecito (Vice President)
  • Karen Prestigiacamo (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-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide assistance to victims of cancer in the form of payment of medical bills and assistance with basic needs.

What it reported doing in 2025

The organization provides medical, financial, and educational support to cancer patients, other disease victims and their families as well as supporting other organizations whose mission is aligned with their own.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 52
  • Transparency & Controls: 100
  • Sustainability: 78
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 24%; rating input score 24
  • 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: Yes; rating input score 100

Sustainability

  • Operating margin: 75.8%; rating input score 96; 96th percentile among comparable filings
  • Total-asset coverage ratio: 7.58; rating input score 89; 89th 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: -4.7% per year; rating input score 0; 36th percentile among comparable filings
  • Revenue growth: -7.7% per year; rating input score 0; 28th percentile among comparable filings
  • Asset growth: 0.9% per year; rating input score 100; 41st percentile among comparable filings

Details

  • Where the money goes: 24% of revenue deployed · 99.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $4K in reported program spending
  • Leadership: top reported pay $0 · 13 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 13 filing years from 2013 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 — Financial Efficiency: Mission deployment rate scored 24/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.