Mastroianni Family Foundation Inc

Nonprofit profile at a glance

EIN
813190210
IRS 990-PF coverage
2016–2024
Forms available
Form 990-PF 2024
Location
Tequesta, FL, USA
Phone
5617990050
Rating
91
Verdict
STRONG
Rating confidence
Standard
Sector
Private Grantmaking Foundations

Reported finances

Revenue
$833,000
Expenses
$442,459

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

Overview

Mission

Private Grantmaking Foundations

What it reported funding in 2024

The foundation reported 11 filed grant rows totaling $821,227. The stated grant purposes included chasentailz is a tax exempt nonprofit dedicated to changing the lives of needy families with children battling life threatening illnesses. we change lives by relieving financial stress to provide families more time to create forever memories with their children and connect them with other families / resources., friendship circle aims to provide children and teenagers with autism and other special needs and their families with many of the social and recreational opportunities that are available to the general community. these experiences are essential building blocks for an individual to acquire confidence and self-esteem and to ultimately lead a productive, normative adult life., and hannah's home of south florida provides a safe and loving christian environment for single, pregnant young women. through counseling, life skills, and continuing education, we offer hope and transform lives., plus 8 other reported purposes.

Operating model

Revenue model
Donor-supported. 100% of the foundation's positive operating resources came from contributions.
Distribution model
Grant intermediary. The foundation distributed 99% of its reported charitable disbursements as grants.

The verdict

STRONG - A large share of available resources goes to charitable grants and the filed numbers largely add up. Assets provide a limited cushion relative to annual grants.

Rating breakdown

  • Grant Deployment: 100
  • Cost Efficiency: 95
  • Transparency: 100
  • Compliance: 100
  • Endowment Health: 20

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 100%; rating input score 100; 96th percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 95.3%; rating input score 95; 78th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Foundation activity disclosures: 19 of 19 controls in place; rating input score 100
    • Property sale or exchange with a disqualified person: Pass
    • Borrowing from or lending to a disqualified person: Pass
    • Goods, services, or facilities involving a disqualified person: Pass
    • Compensation paid to a disqualified person: Pass
    • Assets transferred to a disqualified person: Pass
    • Payment to a government official: Pass
    • Uncorrected prior self-dealing: Pass
    • Prior-year undistributed income: Pass
    • Excess business holdings: Pass
    • Investments that may jeopardize charitable purposes: Pass
    • Uncorrected prior-year jeopardizing investments: Pass
    • Attempt to influence legislation: Pass
    • Attempt to influence an election: Pass
    • Individual grants for travel, study or similar purposes: Pass
    • Grants outside qualifying charitable organization categories: Pass
    • Spending for a noncharitable purpose: Pass
    • Funds received for a personal-benefit contract: Pass
    • Premiums paid on a personal-benefit contract: Pass
    • Prohibited tax-shelter transaction: Pass
  • Filing consistency checks: 10; rating input score 100

Endowment Health

  • Endowment-health comparison: 0.02; rating input score 20; 20th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: At least 100% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: 20th percentile for endowment coverage
  • Consistency: 10 of 10 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 8 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Money network: 11 filed money-flow records
  • 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 — Endowment Health: Endowment-health comparison scored 20/100.