San Rocco Foundation EIN 26-2361638 Form 990 (PDF) Claim this org

San Rocco Foundation

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Provides grants and support to other charitable groups. For fiscal year 2024 it reported $146K in revenue, $100K in expenses, and $291K in net assets.Pt I

Type
Public charity (501(c)(3)) · Civil Rights & Advocacy
Location
Aliquippa, PA
Website
www.sanroccofoundation.org
Filings
4 on file (2021–2024)
Revenue
$146KFY2024
Expenses
$100K
Net assets
$291K
People
13
Filings
4
Updates
0
More identity details & actions ⌄
EIN  26-2361638 Public charity (501(c)(3)) Aliquippa, PA
Form 990 (PDF)
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Size
$100K–1M
What they do
Provides grants and support to other charitable groups.
Leadership
Eugene Frioni · President
Money in and out
$146K revenue, $100K expenses
Bottom line
98% program efficiency
Where the money goes · FY2024
Total revenue
$146K
Pt VIII · Ln 12
Total expenses
$100K
Pt IX · Ln 25
Net assets
$291K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $46K
Where spending went · Part IX cols B–D
Program services $0.98 Management & general $0.02
Program efficiency
98%
of spending reaches programs▲ +14% vs prior filing year
Operating runway
35.0mo
months of highly liquid reserves at operating expense rate▲ +2% vs prior filing year
Surplus margin
+31%
revenue over expenses, this year▲ +10% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$146K
FY2024▲ +22%
Expenses
$100K
FY2024▲ +17%
Total assets
$292K
FY2024▲ +19%
Total liabilities
$1K
FY2024
Total revenue
$146K
Pt VIII · Ln 12
Total expenses
$100K
Pt IX · Ln 25
Net assets
$291K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$46K
Total assetsPt X · Ln 16$292K
Program-expense ratioPt IX · col B98%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 413
Mission & Programs · Part III

Where the work happens

2 program services account for $98K of program spending, described in the organization's own filed words · FY2024.
01

Preserving and sharing the history of our patron, san rocco and the culture and heritage of italian-americans in beaver county, pa.

$89Kprogram expense
02

Support to other charitable organizations providing community aid, educational scholarships, and promoting ethnic heritage.

$9Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSan Rocco Foundation
EINHdr · item D26-2361638
Principal addressHdr · item CAliquippa, PA
WebsiteHdr · item Jwww.sanroccofoundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MPA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCivil Rights & Advocacy (R12)
Ruling yearIRS BMFFeb 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b13
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice-President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Program service revenue$94K · 65%
Other revenue$42K · 29%
Contributions & grants$4K · 3%
Investment income$5K · 3%
Program service revenue65%$94K
Other revenue29%$42K
Contributions & grants3%$4K
Investment income3%$5K
Total revenueLn 12$146K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.98 Management & general $0.02
Program services98%$98K
Management & general2%$2K
Total functional expensesLn 25$100K

Balance Sheet

Part X · end of year
CashLn 1$292K
Total assetsLn 16$292K
Total liabilitiesLn 26$1K
Total net assetsLn 32$291K
Months of cash on handcomputed35.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $292K · Operating expenses/yr $100K
35.0 months
Where the money goes
Program services
Program services $98K · Total expenses $100K
98%
Management & General
Management & general $2K · Total expenses $100K
2%
Fundraising
Fundraising $0 · Total expenses $100K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $8K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $4K · Total revenue $146K
3%
Government reliance
Government grants — · Total revenue $146K
Earned-income share
Program service revenue $94K · Total revenue $146K
65%
Investment reliance
Investment income $5K · Total revenue $146K
+3%
Program self-sufficiency
Program service revenue $94K · Total expenses $100K
94%
Growth & trend
Revenue growth (YoY)
This year $146K · Prior year $120K
+22%
Net-asset trend (YoY)
End of year $291K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $146K · Expenses $100K
+31%
Liabilities-to-Assets
Total liabilities — · Total assets $292K
Net-asset ratio
Net assets $291K · Total assets $292K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $292K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Eugene Frioni · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $100K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $100K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 98%
Overhead ratio 2%
Fundraising cost ratio 0%
Revenue growth 22%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$146K revenue · viewing · ⤓ 990 PDF
FY2023$120K revenue · ⤓ 990 PDF
FY2022$134K revenue · ⤓ 990 PDF
FY2021$161K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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