Infinitu Foundation Inc

Nonprofit profile at a glance

EIN
202304712
IRS 990-EZ coverage
2011–2024
Forms available
Form 990-EZ 2024
Location
New York, NY, USA
Phone
6463232955
Rating confidence
Limited
Sector
Cultural, Ethnic Awareness

Reported finances

Expenses
$1,872
Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • JEFFREY KATZ (PRESIDENT)
  • MIHAI RADU (VICE-PRESIDENT)

People named in this filing

  • JEFFREY KATZ (PRESIDENT)
  • LINDA J WACHNER (TREASURER)
  • MIHAI RADU (VICE-PRESIDENT)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To increase awareness of the romanian artistic and cultural legacy.to promote the development of the cultural heritage of romanian artistic treasures, landmark sites, and artists through restoration and education in order to preserve those works and ensure accessibility.to make grants contributions or gifts or otherwise provide assistance absolutely or upon conditions as the board of directors may deem proper, in pursuit or furtherance of any or all of the foregoing purposes, in such manner (including without limitation the direct provision of grants or other assistance to indviduals) as is permissable of an organization that qualifies as an exempt organization under section 501(c)(3) of the internal revenue code.on december 2 2023, the president, ioana maria ertegun, died. Subsequently, jeffrey katz was appointed president and linda j. Wachner, previously secretary, was appointed treasurer.on june 20, 2024 the members of the board agreed to formally dissolve the corp.

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
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 10
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 0; rating input score 15; 15th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 51; 51st percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -29.7% per year; rating input score 0; 31st percentile among comparable filings
  • Asset growth: -12.2% per year; rating input score 0; 39th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 2 of 2 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 14 filing years from 2011 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 — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 15/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 51/100.