Maria Fassi Foundation

Tax-deductible

Fayetteville, AR501(c)(3)Foundations & GrantmakersEIN 87-2178489Revenue $65K in FY2025

On file with the IRS3401 E Mission Blvd, 72703-6623 · Fayetteville, ARTax-exempt since Apr 2022Publicly supported charity — 170(b)(1)(A)(vi)

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The organization will help support and develop national and international youth amateur golfing athletes and competition. The organization will make grants to individiuals and organizations in the United States and in the country of Mexico in order for underprivileged children and children with disability to attend junior golfing tournaments, camps, clinics, and other golfing related events. In addition to grant making, the organization intends to implement a program to help underprivleged children and children with disabilities receive the support, skills, and tools necessary to succeed in golf and-indirectly-life. The organization plans to hold monthly golf clinics where children will learn the basics of golf in a fun, engaging, and open environment. The organization also intends to occasionally host children, with preference given to those childen who have previously participated in the organizations's clinics and other programs.

501(c)(3) charity; gifts are tax-deductible.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 2
filings with a surplus
Average surplus $12K a year · 15% of revenue · last 2 filings
Worth a look: a surplus in 1 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$65K
-45% vs prior year
Spent
$87K
To programs
0%
Net assets
$103K
By yearFY2021–FY2025
Revenue
$65K
FY2025▼ -45%
Tap a bar for its year
Revenue by fiscal year
FY2021$97K
FY2022$35K
FY2023$138K
FY2024$118K
FY2025$65K
Expenses
$87K
FY2025▲ +68%
Tap a bar for its year
Expenses by fiscal year
FY2021$51K
FY2022Not on file
FY2023Not on file
FY2024Not on file
FY2025$87K
Net assets
$103K
FY2025▼ -18%
Tap a bar for its year
Net assets by fiscal year
FY2021$45K
FY2022$75K
FY2023$112K
FY2024$124K
FY2025$103K

From the FY2025 Form 990 · see the original

Form 990 (PDF) Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
President/CEO
$0Pt VII · Sec A
Treasurer/CFO
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Olivia Lavy’s $36K as Secretary is at the 80th percentile of top reported officer pay among 133 <$100K philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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Programs and updates

Supports underprivileged youth golfers with grants and training for tournaments and life skills.

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Provided by the organization

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1 program · in their own filed words · FY2021
01

2021 was the Foundation's inital year, and the net funds generated will be contributed to organizations that meet the Foundation's mission statement criteria.

Pt IX · col B

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$65K
Ln 12
Other incomeLn 4–11$65K
Money outPt IX
$87K
Ln 25
Owns and owesPt X
$103K
net assets · Ln 32
Total assetsLn 16$103K
LiabilitiesLn 26$0
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
2In more detail
Revenue in detailPt VIII
Other incomeLn 4–11$65K
Total revenueLn 12$65K
Assets in detailPt X, end of year
Total assetsLn 16$103K
LiabilitiesLn 26$0
Net assetsLn 32$103K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $65K$87K−$22K$103K 990 PDF
FY2024 $118K$124K 990 PDF
FY2023 $138K$112K 990 PDF
FY2022 $35K$75K 990 PDF
FY2021 $97K$51K$45K$45K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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