Richard E Fitzsimmons Memorial Widows and Orphans Fund

Nonprofit profile at a glance

EIN
261813209
IRS 990-EZ coverage
2014–2025
Forms available
Form 990-EZ 2025
Location
Bronx, NY, USA
Phone
7189946664
Rating
46
Verdict
MIXED
Rating confidence
Moderate
Sector
Insurance Providers

Reported finances

Revenue
$13,093
Expenses
$3,100
Assets
$306,461
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

3 people listed

People named in this filing

  • RICHARD FITZSIMMONS (TRUSTEE)
  • CHRISTOPHER FITZSIMMONS (TRUSTEE)
  • JOHN RYAN (TRUSTEE)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To assist widows and minor children of union members.

What it reported doing in 2025

Assistance to widows and minor children of deceased members of the local union through providing them stipends to assist them after the loss of their spouse or parent.

Operating model

Revenue model
Investment-supported. 95% of the money available for current operations came from recurring investment income.
Distribution model
Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 10
  • Transparency & Controls: 82
  • Sustainability: 89
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 16.1%; rating input score 16
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 76.3%; rating input score 96; 96th percentile among comparable filings
  • Total-asset coverage ratio: 98.86; rating input score 99; 99th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 3.1% per year; rating input score 100; 56th percentile among comparable filings
  • Revenue growth: 1% per year; rating input score 100; 54th percentile among comparable filings
  • Asset growth: -0.7% per year; rating input score 0; 35th percentile among comparable filings

Details

  • Where the money goes: 16.1% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 12 filing years from 2014 to 2025
  • Contacts: How to reach this organization
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Financial Efficiency: Mission deployment rate scored 16/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.