The Charugundla Foundation Inc
Nonprofit profile at a glance
- EIN
- 134149673
- IRS 990-PF coverage
- 2012–2017
- Forms available
- Form 990-PF 2017
- Location
- New York, NY, USA
- Phone
- 2127583283
- Rating
- 56
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Community Foundations
Reported finances
- Revenue
- $149
- Expenses
- $7,909
Source: IRS Form 990-PF. Selected filing: tax year 2017. Amounts in USD.
Overview
Mission
Community Foundations
What it reported funding in 2017
The foundation reported 4 grants totaling $2,930. The stated grant purposes included support educational programs and educational support.
Operating model
- Revenue model
- Investment-supported. 66% of the foundation's positive operating resources came from recurring investment income.
- Distribution model
- Grant intermediary. The foundation distributed 70% of its reported charitable disbursements as grants.
The verdict
MIXED - The filing identifies who received its grants and the filed numbers largely add up. A relatively small share of spending goes to grants and the filing reports one or more activities that warrant closer review.
Rating breakdown
- Grant Deployment: NotEnoughData
- Cost Efficiency: 37
- Transparency: 100
- Compliance: 94
- Endowment Health: 94
Detailed rating inputs
Grant Deployment
- Grant deployment ratio: Limited
Cost Efficiency
- Grant expense ratio: 37%; rating input score 37; 16th percentile among comparable filings
Transparency
- Grant recipient disclosure: Yes; rating input score 100
Compliance
- Part VII-B activity disclosures: 17 of 19 controls in place; rating input score 89
- 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: Fail
- Assets transferred to a disqualified person: Pass
- Payment to a government official: Pass
- Uncorrected prior self-dealing: Missing
- 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
- Grants to individuals: Pass
- Grants to organizations: 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: 8; rating input score 100
Endowment Health
- Endowment-health comparison: 47.96; rating input score 94; 94th 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
- Trustees: Filed trustees detail
- Self-dealing: 100% of reviewed questions answered “No”
- Investments: 94th percentile for endowment coverage
- Consistency: 8 of 8 current checks pass
- Filing history: 6 filing years from 2012 to 2017
- Contacts: How to reach this organization
- Money network: 4 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.
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 — Cost Efficiency: Grant expense ratio scored 37/100.
- Review — Compliance: Part VII-B activity disclosures: Compensation paid to a disqualified person not reported.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.