Vasari Cares Foundation

Nonprofit profile at a glance

EIN
821947117
IRS 990-EZ coverage
2020–2025
Forms available
Form 990-EZ 2025
Location
Bonita Spgs, FL, USA
Rating
60
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Public Foundations

Reported finances

Revenue
$124,307
Expenses
$79,687
Assets
$231,455

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

Leadership & pay

8 people listed

People named in this filing

  • Cheryl Comes (Chairman)
  • Sheree Fuchs (Secretary)
  • David Bird (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

Public Charity

What it reported doing in 2025

Laces of Love gladly accepts NEW sneakers and monetary donations that will help provide shoes to kids in need in Southwest Florida. We prioritize shoe sizes from school age sizes 1 to adult size 9 serving children from kindergarteners to high school seniors. Distribution occurs via Collier and Lee County public schools and partnering non-profits. Shoes are privately fitted in staff offices ensuring the childs dignity. Direct donations to families are not available.

Operating model

Revenue model
Other-operating. 81% of the money available for current operations came from other operating revenue.
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

SUPPORTED - The filed numbers largely add up and program spending has grown recently. No material rating questions were generated from the available inputs.

Rating breakdown

  • Financial Efficiency: 38
  • Transparency & Controls: 82
  • Sustainability: 73
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 60.7%; rating input score 61
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 35.9%; rating input score 85; 85th percentile among comparable filings
  • Total-asset coverage ratio: 2.9; rating input score 88; 88th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 9.4% per year; rating input score 100; 58th percentile among comparable filings
  • Revenue growth: 6.7% per year; rating input score 100; 52nd percentile among comparable filings
  • Asset growth: 21.2% per year; rating input score 100; 79th percentile among comparable filings

Details

  • Where the money goes: 60.7% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 6 filing years from 2020 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.