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Aquino Family Charitable Foundation Inc

  • Spring Lake, NJ
  • Tax-exempt since Dec. 2010
  • EIN: 27-1516648

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Grantmaking Foundations (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
−$32.6k (2024)

Expenses
$76.9k (2024)

Total Assets
$1.03M (2024)

Total Liabilities
$6.99k (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
-$32,636
Expenses
$76,851
Net Income
-$109,487
Net Assets
$1,018,335
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $40,373
Interest Revenue $0
Dividends $25,489
Sales of Assets -$102,539
Other Income $4,041
Notable Expenses Percent of Total Expenses
Charitable Disbursements $69,550
90.5%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,025,325
Total Liabilities $6,990
Net Assets $1,018,335
Compensation
Key Employees and Officers Compensation Other
Michael Aquino (President) $0 $0
Cheryl Aquino (Vice President) $0 $0
Mark Aquino (Secretary) $0 $0
Pat Cipolla (Treasurer) $0 $0
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Document Links

990-PF
Filed on Nov. 10, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$132,812
Expenses
$144,570
Net Income
-$11,758
Net Assets
$1,127,822
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $53,379
40.2%
Interest Revenue $0
Dividends $21,128
15.9%
Sales of Assets $63,121
47.5%
Other Income -$4,816
Notable Expenses Percent of Total Expenses
Charitable Disbursements $135,412
93.7%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,134,812
Total Liabilities $6,990
Net Assets $1,127,822
Compensation
Key Employees and Officers Compensation Other
Michael Aquino (President) $0 $0
Cheryl Aquino (Vice President) $0 $0
Mark Aquino (Secretary) $0 $0
Pat Cipolla (Treasurer) $0 $0
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Document Links

990-PF
Filed on Nov. 13, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$128,252
Expenses
$122,849
Net Income
$5,403
Net Assets
$1,155,066
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $62,250
48.5%
Interest Revenue $0
Dividends $30,191
23.5%
Sales of Assets $35,811
27.9%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $60,139
49.0%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,162,056
Total Liabilities $6,990
Net Assets $1,155,066
Compensation
Key Employees and Officers Compensation Other
Michael Aquino (President) $0 $0
Cheryl Aquino (Vice President) $0 $0
Mark Aquino (Secretary) $0 $0
Pat Cipolla (Treasurer) $0 $0
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Document Links

990-PF
Filed on Nov. 15, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$147,157
Expenses
$77,411
Net Income
$69,746
Net Assets
$1,149,663
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $26,778
18.2%
Sales of Assets $107,461
73.0%
Other Income $12,918
8.8%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $61,501
79.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,149,663
Total Liabilities $0
Net Assets $1,149,663
Compensation
Key Employees and Officers Compensation Other
Michael Aquino (President) $0 $0
Cheryl Aquino (Vice President) $0 $0
Mark Aquino (Secretary) $0 $0
Pat Cipolla (Treasurer) $0 $0
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Document Links

990-PF
Filed on Nov. 14, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$52,478
Expenses
$81,531
Net Income
-$29,053
Net Assets
$1,079,916
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $17,974
34.3%
Sales of Assets $34,108
65.0%
Other Income $396
0.8%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $55,486
68.1%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,079,917
Total Liabilities $1
Net Assets $1,079,916
Compensation
Key Employees and Officers Compensation Other
Michael Aquino (President) $0 $0
Cheryl Aquino (Vice President) $0 $0
Mark Aquino (Secretary) $0 $0
Pat Cipolla (Treasurer) $0 $0
+ View more people

Document Links

990-PF
Filed on Nov. 12, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$44,416
Expenses
$103,092
Net Income
-$58,676
Net Assets
$1,108,969
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $22,777
51.3%
Sales of Assets $21,333
48.0%
Other Income $306
0.7%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $83,490
81.0%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,108,970
Total Liabilities $1
Net Assets $1,108,969
Compensation
Key Employees and Officers Compensation Other
Michael Aquino (President) $0 $0
Cheryl Aquino (Vice President) $0 $0
Mark Aquino (Treasurer) $0 $0
Joseph Aquino (Secretary) $0 $0
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Document Links

990-PF
Filed on Nov. 11, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$140,446
Expenses
$106,192
Net Income
$34,254
Net Assets
$1,167,646
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $21,221
15.1%
Sales of Assets $118,774
84.6%
Other Income $451
0.3%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $83,775
78.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,167,646
Total Liabilities $0
Net Assets $1,167,646
Compensation
Key Employees and Officers Compensation Other
Michael Aquino (President) $0 $0
Cheryl Aquino (Vice President) $0 $0
Mark Aquino (Treasurer) $0 $0
Joseph Aquino (Secretary) $0 $0
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Document Links

990-PF
Filed on Nov. 15, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$74,232
Expenses
$81,319
Net Income
-$7,087
Net Assets
$1,133,392
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $20,765
28.0%
Sales of Assets $52,066
70.1%
Other Income $1,401
1.9%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $61,882
76.1%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,133,392
Total Liabilities $0
Net Assets $1,133,392
Compensation
Key Employees and Officers Compensation Other
Michael Aquino (President) $0 $0
Cheryl Aquino (Vice President) $0 $0
Mark Aquino (Treasurer) $0 $0
Joseph Aquino (Secretary) $0 $0
+ View more people

Document Links

990-PF
Filed on Feb. 12, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$22,975
Expenses
$87,133
Net Income
-$64,158
Net Assets
$1,140,479
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $18,645
81.2%
Sales of Assets $4,330
18.8%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $71,262
81.8%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,140,479
Total Liabilities $0
Net Assets $1,140,479
Compensation
Key Employees and Officers Compensation Other
Michael Aquino (President) $0 $0
Cheryl Aquino (Vice President) $0 $0
Mark Aquino (Treasurer) $0 $0
Joseph Aquino (Secretary) $0 $0
+ View more people

Document Links

990-PF
Filed on Jan. 31, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$170,799
Expenses
$90,330
Net Income
$80,469
Net Assets
$1,204,637
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $101,433
59.4%
Interest Revenue $0
Dividends $16,725
9.8%
Sales of Assets $52,641
30.8%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $76,104
84.3%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,204,637
Total Liabilities $0
Net Assets $1,204,637
Compensation
Key Employees and Officers Compensation Other
Michael Aquino (President) $0 $0
Cheryl Aquino (Vice President) $0 $0
Mark Aquino (Treasurer) $0 $0
Joseph Aquino (Secretary) $0 $0
+ View more people

Document Links

990-PF
Filed on Feb. 22, 2016

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$187,783
Expenses
$68,610
Net Income
$119,173
Net Assets
$1,124,168
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $99,353
52.9%
Interest Revenue $1
0.0%
Dividends $21,701
11.6%
Sales of Assets $66,728
35.5%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $61,202
89.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,124,168
Total Liabilities $0
Net Assets $1,124,168
Compensation
Key Employees and Officers Compensation Other
Michael Aquino (President) $0 $0
Cheryl Aquino (Vice President) $0 $0
Mark Aquino (Treasurer) $0 $0
Joseph Aquino (Secretary) $0 $0
+ View more people

Document Links

990-PF
Filed on March 16, 2015

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$67,468
Expenses
$63,924
Net Income
$3,544
Net Assets
$1,004,995
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $3
0.0%
Dividends $20,284
30.1%
Sales of Assets $47,181
69.9%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $59,258
92.7%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,004,995
Total Liabilities $0
Net Assets $1,004,995
Compensation
Key Employees and Officers Compensation Other
Michael Aquino (President) $0 $0
Cheryl Aquino (Vice President) $0 $0
Mark Aquino (Treasurer) $0 $0
Joseph Aquino (Secretary) $0 $0
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Document Links

990-PF
Filed on April 7, 2014

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$47,488
Expenses
$81,689
Net Income
-$34,201
Net Assets
$1,001,451
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $2
0.0%
Dividends $22,709
47.8%
Sales of Assets $24,777
52.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $74,515
91.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,005,201
Total Liabilities $3,750
Net Assets $1,001,451

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$169,880
Expenses
$75,113
Net Income
$94,767
Net Assets
$1,035,651
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $100,020
58.9%
Interest Revenue $24
0.0%
Dividends $28,776
16.9%
Sales of Assets $41,060
24.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $67,235
89.5%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,035,652
Total Liabilities $1
Net Assets $1,035,651

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

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