Joey Domenici Foundation
Nonprofit profile at a glance
- EIN
- 844592502
- IRS 990-EZ coverage
- 2022–2022
- Forms available
- Form 990-EZ 2022, Form 990-N 2020
- Location
- Woburn, MA, USA
- Phone
- 7814546262
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Public, Society Benefit N.E.C.
Reported finances
- Revenue
- $44,486
- Expenses
- $29,135
- Assets
- $50,496
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Carla Domenici (President)
- Alyssa Domenici (Vice President)
People named in this filing
- Carla Domenici (President)
- Alyssa Domenici (Vice President)
- Sheryl DePrimeo (Treasurer / Finance)
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 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Addiction Recovery Services / Helping Local Families
What it reported doing in 2022
Our Random Acts of Kindness Service includes multiple donations to 8 other foundations ($3,766.23) Joey's Birthday Random acts - paying for dinner bills, groceries, coffee ($1,498.73), We had a Christmas donation at our local nursury buying random customers Christmas Trees and Wreaths ($1,950.00), We helped a local family pay for funeral services for someone who lost their battle with addiction ($1,250.00), We donated Christmas Stockings filled with gifts to recovery residents for Christmas ($912.20), We gave Easter Baskets to recovery residents ($423.07), We held a Black Balloon day in our city to remember those lost to addiction ($217.50), and represented Joey's Foundation in our local Halloween Parade. ($2,715.52) and a donation to the loacal food pantry ($875.62)
Operating model
- Revenue model
- Other-operating. 79% of the money available for current operations came from other operating revenue.
- 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 82
- Sustainability: 71
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 71.5%; rating input score 71
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 34.5%; rating input score 83; 83rd percentile among comparable filings
- Total-asset coverage ratio: 1.73; rating input score 58; 58th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 71.5% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $32K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
- Review — Sustainability: Total-asset coverage ratio scored 58/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.