Armand E Sabitoni Charitable Foundation

Providence, RI · Unknown exempt organization · Since 2023

Latest data FY2025
Revenue
$684K
▲ ×77 vs prior year
Spent
$183K
To programs
85%
Net assets
$905K

Form 990 for the fiscal year ending December 2025 (IRS tax year 2025).

Status and standing

Tax-deductible?
Not on file
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Yes — filed FY2025
Foundation funders?
2 funders, incl. Terence J O'Sullivan Liuna Charitable Foundation
$160K in the latest grant year.
Spent on programs?
85% to programs
Form 990 Part IX, latest filing.
Size and trend
<$100K
↑ ×77 vs prior year
Legal name (IRS)Hdr · item CArmand E Sabitoni Charitable Foundation
EINHdr · item D93-2009091
Exempt statusHdr · item I501(c)(3) · active
Year of formationHdr · item L2023
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CProvidence, RI
NTEE classificationIRS BMFNonprofit

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.85 Management & general $0.15
Program services85%$155K
Management & general15%$28K
Total functional expensesLn 25$183K

Financial health

Revenue & expenses by yearFY2023–FY2025
Revenue
$684K
FY2025▲ ×77
Expenses
$183K
FY2025▲ +353%
Surplus margin
+73%
revenue over expenses, this year▲ +106% vs prior filing year
Program spending
85%
of expenses reach programs

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Total assets
$905K
FY2025▲ +75%
Total liabilities
$0
FY2025
Revenue less expensesPt I · Ln 19$501K
Total assetsPt X · Ln 16$905K
Program-expense ratioPt IX · col B85%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44

Balance Sheet

Part X · end of year
CashLn 1$106K
Total assetsLn 16$905K
Total liabilitiesLn 26$0
Total net assetsLn 32$905K
Months of cash on handcomputed6.9

Statement of Revenue

Part VIII
Contributions & grants$497K · 73%
Other revenue$186K · 27%
Contributions & grants73%$497K
Other revenue27%$186K
Investment income$618
Total revenueLn 12$684K

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $905K · Operating expenses/yr $183K
59.4 months
Where the money goes
Program services
Program services $155K · Total expenses $183K
85%
Management & General
Management & general $28K · Total expenses $183K
15%
Fundraising
Fundraising $0 · Total expenses $183K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $524K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $497K · Total revenue $684K
73%
Government reliance
Government grants — · Total revenue $684K
—
Earned-income share
Program service revenue $0 · Total revenue $684K
0%
Investment reliance
Investment income $618 · Total revenue $684K
+0.09%
Program self-sufficiency
Program service revenue $0 · Total expenses $183K
0%
Growth & trend
Revenue growth (YoY)
This year $684K · Prior year $9K
Prior-year revenue below floor — showing dollar change
Net-asset trend (YoY)
End of year $905K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $684K · Expenses $183K
+73%
Liabilities-to-Assets
Total liabilities — · Total assets $905K
—
Net-asset ratio
Net assets $905K · Total assets $905K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $799K · Total assets (Pt X, ln 16) $905K
88%
People & payroll
Highest Reported Total Compensation
Individual Armand E Sabitoni · Reported title Chairman · Highest reported compensation $0 · Total expenses $183K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $183K
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 85%——
Overhead ratio 15%——
Revenue growth ×77——

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.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
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 2Yes

Mission and programs

Offers financial aid to families of union members who died working.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

1 program service account for $155K of program spending, described in the organization's own filed words · FY2025.
01

To provide financial assistance to liuna members and their families suffering from workplace accidents or illness

$155Kprogram expense

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Funders

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 2 funders$160K
Grants paid · 2 grants · $195K · 2023–2025
Unitemized GrantFY2025$155,000
Unitemized GrantFY2023$40,000

Filing history

YearRevenueExpensesChangeFiling
FY2025 Latest Viewing $684K$183K×77 990 PDF
FY2024 $9K—-98% 990 PDF
FY2023 $556K$40K 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

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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