Lauren E Avezzie Charitable Foundation Inc
Nonprofit profile at a glance
- EIN
- 271574138
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024
- Location
- Avon, CT, USA
- Phone
- 8603522187
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $2,033
- Expenses
- $14,202
- Assets
- $49,656
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- DAVID AVEZZIE (PRESIDENT)
People named in this filing
- DAVID AVEZZIE (PRESIDENT)
- CYNTHIA AVEZZIE (VICE PRESIDE)
- ALISON AVEZZIE (SECRETARY)
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
The goal of the foundation is to engage in the activity of providing financial assistance for furthering the education of students of all backgrounds, for support of multicultural and international study initiatives, for the heart of hope support group for mothers in bereavement and like-minded groups, for financial support for victims of abuse, and the aid of any such activities, agencies, and institutions already established; and to utilize any other means, persons, or agencies which shall further the purposes set forth above.
What it reported doing in 2024
Contributions to charitable and educational institutions.
Operating model
- Revenue model
- Donor-supported. 67% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 96
- Transparency & Controls: 82
- Sustainability: 30
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 90.3%; rating input score 90
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -598.6%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 3.5; rating input score 78; 78th 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: 1.2% per year; rating input score 100; 52nd percentile among comparable filings
- Revenue growth: -8.1% per year; rating input score 0; 27th percentile among comparable filings
- Asset growth: 1.2% per year; rating input score 100; 44th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 90.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $13K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 8 of 8 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 — Sustainability: Operating margin scored 2/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.