Joey Bartone Memorial Fund Inc

Nonprofit profile at a glance

EIN
900178290
IRS 990-EZ coverage
2010–2024
Forms available
Form 990-EZ 2024
Location
Long Island City, NY, USA
Phone
7184820780
Rating confidence
Limited
Sector
Scholarships, Student Financial Aid Services, Awards

Reported finances

Expenses
$5,000
Assets
$50,357

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

Leadership & pay

2 people listed

Executive titles in this filing

  • DIANE MARIE BARTONE SARRO (PRESIDENT)

People named in this filing

  • DIANE MARIE BARTONE SARRO (PRESIDENT)
  • ANTHONY BARTONE (TREASURER)

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

Support of individuals, institutions and organizations through academic grants or scholarships.

What it reported doing in 2024

Perpetuate the memory and spirit of joey bartone by the encouragement and promotion of education through voluntary grants by scholarship or otherwise to individuals, institutions and organizations

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

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

Rating breakdown

  • Financial Efficiency: 38
  • Transparency & Controls: 82
  • Sustainability: 27
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 100%; rating input score 100

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: 10.07; rating input score 71; 71st 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: 7.3% per year; rating input score 100; 77th percentile among comparable filings
  • Revenue growth: -8.4% per year; rating input score 0; 58th percentile among comparable filings
  • Asset growth: 0.2% per year; rating input score 100; 71st percentile among comparable filings

Details

  • Where the money goes: 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $5K in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 4 of 4 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 15 filing years from 2010 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.
  • Review — Sustainability: Officer compensation ratio scored 51/100.