Albert E Farone & Angela T Farone Foundation

Education organization based in Washington, DC.0 Exempt under §501(c)(3).

MissionTHE PRIMARY PURPOSE OF THE FOUNDATION IS TO PROVIDE FUNDS TO SUPPORT THE CHARITABLE, SCIENTIFIC, EDUCATIONAL, LITERARY AND/OR RELIGIOUS PURPOSES OF THE CATHOLIC UNIVERSITY OF AMERICA AND TO AWARD SCHOLARSHIPS TO STUDENTS FROM THE ALBANY DIOCESE OF THE ROMAN CATHOLIC CHURCH WHO

EIN
16-0911612
State
DC
Sector
Education
Budget band
$1M–$2.5M
Latest filing
TY 2023
Records
—

Financial snapshot · TY 2023

$1.9M
Total revenue
$1.6M
Total expenses
$39.7M
Net assets

Financial health · TY 2023

80
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
303.8 months of expenses
Program efficiency
100
94.1% spent on programs
Revenue diversity
0
Mix of program fees, grants & contributions

No individual compensation data available.

This organization files with the IRS but does not report individual compensation on Form 990 Part VII.

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Albert E Farone & Angela T Farone Foundation Executive Compensation | 990 Data | DoubleNine