D'ERRICO FAMILY FOUNDATION CORP

EIN: 332557892 501(c)(3) Human Services

AVON, CT

Total Revenue
$414,712
Total Expenses
$6,712
Total Assets
$408,000
Net Assets
$408,000
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2024
Legal Domicile
CT
Principal Officer
TOMMY D'ERRICO
Phone
8606109181
Tax Period
2024-01-01 to 2024-12-31

D'ERRICO FAMILY FOUNDATION CORP, founded in 2024, is a small nonprofit in the Human Services sector that reported $415K in total revenue in fiscal year 2024. The organization ran a surplus of $408K, a strong 98% operating margin.

Mission

TO PROVIDE CRITICAL FINANCIAL SUPPORT TO UPLIFT INDIVIDUALS AND FAMILIES IN NEED, FOSTER EDUCATIONAL OPPORTUNITIES, STRENGTHEN FAITH-BASED INITIATIVES, AND NURTURE VULNERABLE POPULATIONS THROUGH SUSTAINABLE SOLUTIONS AND COMPASSIONATE GIVING.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $414,712
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $414,712

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $6,712
TOTAL EXPENSES $6,712

Year-over-Year Comparison

2024 2023 Change
Revenue $414,712 N/A N/A
Expenses $6,712 N/A N/A
Net Income $408,000 N/A N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
5

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TOMMY D'ERRICO PRESIDENT, DIRECTOR 1.00
Officer Director
$0 $0 $0
MARIA D'ERRICO VP, DIRECTOR 1.00
Officer Director
$0 $0 $0
CHRISTINA D'ERRICO TREASURER ,DIRECTOR 1.00
Officer Director
$0 $0 $0
DAVID D'ERRICO SECRETARY, DIRECTOR 1.00
Officer Director
$0 $0 $0
JULIA D'ERRICO DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $414,712 $6,712 $408,000 $408,000
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