The Michael N Cipriani Sr Memorial Foundation Inc

Nonprofit profile at a glance

EIN: 921827073
IRS 990-EZ coverage: 2023–2025
Forms available: Form 990-EZ 2025
Location: Staten Island, NY, USA
Phone: 9176925410
Rating: 80
Verdict: STRONG
Rating confidence: Moderate
Sector: Fund Raising and Fund Distribution

Reported finances

Revenue: $5,570
Expenses: $5,302
Assets: $15,062

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

Leadership & pay

4 people listed

Executive titles in this filing

Fred Cipriani (President)
Carol F Cipriani (Vice President)

People named in this filing

Fred Cipriani (President)
Carol F Cipriani (Vice President)
Doriann Flynn (Treasurer)

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

Company looks to fund scholarships for students, partnering with community organizations to provide financial resources for families affected by cancer, raising funds to support innovative research into early diagnoses and treatments for cancer.

What it reported doing in 2025

Operating model

Revenue model: Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model: Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

Financial Efficiency: 84
Transparency & Controls: 82
Sustainability: 53
Growth: 60

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 83.2%; rating input score 83
Program expense ratio: 87.4%; rating input score 87

Transparency & Controls

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

Sustainability

Operating margin: 4.8%; rating input score 53; 53rd percentile among comparable filings
Total-asset coverage ratio: 2.84; rating input score 73; 73rd 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: 41% per year; rating input score 100; 90th percentile among comparable filings
Revenue growth: -32.4% per year; rating input score 0; 10th percentile among comparable filings
Asset growth: 18.9% per year; rating input score 100; 83rd percentile among comparable filings

Details

Where the money goes: 83.2% of revenue deployed · 87.4% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $5K in reported program spending
Leadership: top reported pay $0 · 4 people listed
Consistency: 6 of 6 current checks pass
Schedules: 2 filed schedules
Filing history: 3 filing years from 2023 to 2025
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 — Growth: Revenue growth scored 0/100.
Review — Sustainability: Operating margin scored 53/100.
Review — Sustainability: Officer compensation ratio scored 56/100.