Civic Intelligence

Almsgiving Foundation Inc.

990EZ • Fiscal year 2024 • EIN 84-4015321

Jan 01, 2024 to Dec 31, 2024 • Filed on May 15, 2025

1353 Hillside RdWestfield, MA 01085

(413) 454-8149

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2024

Net Margin

41st percentile

-0.3%

Higher net margin than 41% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

7th percentile

-70%

Faster asset growth than 7% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

60th percentile

11%

Faster revenue growth than 60% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$144

Down $333 (-70%) from 2023

Net Assets

Down

$144

Down $333 (-70%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$96,075

Up $9,275 (+11%) from 2023

Expenses

Up

$96,408

Up $2,649 (+2.8%) from 2023

Net Income

Up

-$333

Up $6,626 (+95%) from 2023

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0K$6.0K$4.0K$2.0K$0Assets 2021: $78Liabilities 2021: $0Net Assets 2021: $782021Assets 2022: $7,436Liabilities 2022: $0Net Assets 2022: $7,4362022Assets 2023: $477Liabilities 2023: $0Net Assets 2023: $4772023Assets 2024: $144Net Assets 2024: $1442024

Highlighted filing

2024

Assets$144
Liabilities-
Net Assets$144

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2021: $17,822Expenses 2021: $17,077Net Income 2021: $7452021Revenue 2022: $465,788Expenses 2022: $458,430Net Income 2022: $7,3582022Revenue 2023: $86,800Expenses 2023: $93,759Net Income 2023: -$6,9592023Revenue 2024: $96,075Expenses 2024: $96,408Net Income 2024: -$3332024

Highlighted filing

2024

Revenue$96,075
Expenses$96,408
Net Income-$333
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 15, 2025
Return Version
2024v5.0
Gross Receipts
$96,075
Mission and Program Overview

Mission

Almsgiving foundation inc. Mission is to serve homeless, low-income families and individuals by providing support and encouragement with emergency subsistence services, transitional living facilities and employment training services to transform lives and build a better future together.

Program Services

DescriptionGrantsExpenses
ALMSGIVING FOUNDATION WANTS ANYONE WILLING TO SERVE THEIR COMMUNITY TO GET INVOLVED. JOIN US BY EITHER VOLUNTEERING YOUR TIME AND SKILLS, SPONSORING FINANCIALLY, OR PARTNER IN SERVITUDE TO THE MISSION. VOLUNTEERING YOU CAN MAKE A DIFFERENCE WE ARE LOOKING FOR FOLKS WHO CAN SERVE WITH THEIR TIME OR EVEN CRAFT TO HELP IN FUNDRAISING, DELIVERY OF DONATIONS, AND RAISING AWARENESS. THE ALMSGIVING TEAM IS A GROUP OF PEOPLE VOLUNTEERING THEIR TIME AND CONTRIBUTING TO THE VISION AS WELL.MONTHLY PARTNERS ARE AN ESSENTIAL PART OF THIS MISSION.BECAUSE OF YOUR MONTHLY COMMITMENT, LIVES AND COMMUNITIES ARE CHANGED BOTH LOCALLY AND ACROSS THE OCEAN. CONTRIBUTIONS PROVIDE CLOTHING AND FOOD FOR LOCAL HOMELESS PEOPLE IN THE GREATER SPRINGFIELD, MA, AREA. THEY ALSO HELP ESTABLISH A STATE-OF-THE-ART RESOURCE AND COUNSELING CENTER IN MOLDOVA THAT WILL PROVIDE EMERGENCY SUBSISTENCE SERVICES AND COUNSELING FOR STRUGGLING OR ABUSED TEENS AND YOUNG ADULTS. NONE OF THIS WOULD BE POSSIBLE WITHOUT OUR MONTHLY PARTNERS-$94,300
ALMSGIVING FOUNDATION INC. MISSION IS TO SERVE HOMELESS, LOW-INCOME FAMILIES AND INDIVIDUALS BY PROVIDING SUPPORT AND ENCOURAGEMENT WITH EMERGENCY SUBSISTENCE SERVICES, TRANSITIONAL LIVING FACILITIES AND EMPLOYMENT TRAINING SERVICES TO TRANSFORM LIVES AND BUILD A BETTER FUTURE TOGETHER.THE ALMSGIVING TEAM WANTS TO RAISE AWARENESS ABOUT MISSIONS THAT ARE ALREADY SERVING OUR COMMUNITIES, FIND OPPORTUNITIES TO INCREASE HELP TO THOSE IN NEED, AND IMPROVE THE PROCESS OF DELIVERING THE NECESSARY MATERIALS PEOPLE ARE IN SEARCH OF.WE ARE HAPPY TO SUPPORT PANTRIES AND MINISTRIES ALREADY IN OPERATION IN THE LOCAL AREA. ALMSGIVING CURRENTLY HELPS BETWEEN BRIDGES, HEADED BY PASTOR LARRY, WITH CLOTHING FOR THE HOMELESS AND OTHER VITAL ESSENTIALS.WE PLAN TO BE ESTABLISHED AS A FOOD PANTRY OURSELVES SO THAT WE CAN STREAMLINE YOUR DONATIONS AND HELP DONATION CENTERS KEEP UP WITH DEMAND.ONE OF OUR LONG TERM GOALS, IS TO AQUIRE A TRANSITIONAL LIVING FACILITY FOR RECENTLY EVICTED FAMILIES OR HOMELESS LOOKING FOR A PATHWAY FORWARD TO RECOVER. WE BELIEVE THIS TO BE A POWERFUL RESOURCE FOR THOSE PEOPLE WHO HAVE LOST IT ALL AND NOT SURE HOW TO GET BACK UP.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ALEXANDRU PASCALPresidentPT$0--
ALONA PASCALTreasurer/ClPT$0--
Filing and Contact Details

Filer

Filer Name
Almsgiving Foundation Inc
EIN
84-4015321
Phone
4134548149
Address
1353 HILLSIDE RD, WESTFIELD, MA 01085

Signing Officer

Name
Alexandru Pascal
Title
President
Phone
4134548149
Signed
2025-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Gazis & Associates
Address
619 HAZARD AVE, ENFIELD, CT 06082
Preparer
Zannis I Gazis Ea
Phone
8607633478
Supplemental Narrative

Additional Explanations

Form 990-ez, Part III

Almsgiving foundation inc. Mission is to serve homeless, low-income families and individuals by providing support and encouragement with emergency subsistence services, transitional living facilities and employment training services to transform lives and build a better future together.

Form 990-ez, Part III, Line 28

Almsgiving foundation wants anyone willing to serve their community to get involved. Join us by either volunteering your time and skills, sponsoring financially, or partner in servitude to the mission. Volunteering you can make a difference we are looking for folks who can serve with their time or even craft to help in fundraising, delivery of donations, and raising awareness. The almsgiving team is a group of people volunteering their time and contributing to the vision as well.monthly partners are an essential part of this mission.because of your monthly commitment, lives and communities are changed both locally and across the ocean. Contributions provide clothing and food for local homeless people in the greater springfield, ma, area. They also help establish a state-of-the-art resource and counseling center in moldova that will provide emergency subsistence services and counseling for struggling or abused teens and young adults. None of this would be possible without our monthly partners

Form 990-ez, Part III, Line 31

Almsgiving foundation inc. Mission is to serve homeless, low-income families and individuals by providing support and encouragement with emergency subsistence services, transitional living facilities and employment training services to transform lives and build a better future together.the almsgiving team wants to raise awareness about missions that are already serving our communities, find opportunities to increase help to those in need, and improve the process of delivering the necessary materials people are in search of.we are happy to support pantries and ministries already in operation in the local area. Almsgiving currently helps between bridges, headed by pastor larry, with clothing for the homeless and other vital essentials.we plan to be established as a food pantry ourselves so that we can streamline your donations and help donation centers keep up with demand.one of our long term goals, is to aquire a transitional living facility for recently evicted families or homeless looking for a pathway forward to recover. We believe this to be a powerful resource for those people who have lost it all and not sure how to get back up.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALMSGIVING FOUNDATION INC. MISSION IS TO SERVE HOMELESS, LOW-INCOME FAMILIES AND INDIVIDUALS BY PROVIDING SUPPORT AND ENCOURAGEMENT WITH EMERGENCY SUBSISTENCE SERVICES, TRANSITIONAL LIVING FACILITIES AND EMPLOYMENT TRAINING SERVICES TO TRANSFORM LIVES AND BUILD A BETTER FUTURE TOGETHER.THE ALMSGIVING TEAM WANTS TO RAISE AWARENESS ABOUT MISSIONS THAT ARE ALREADY SERVING OUR COMMUNITIES, FIND OPPORTUNITIES TO INCREASE HELP TO THOSE IN NEED, AND IMPROVE THE PROCESS OF DELIVERING THE NECESSARY MATERIALS PEOPLE ARE IN SEARCH OF.WE ARE HAPPY TO SUPPORT PANTRIES AND MINISTRIES ALREADY IN OPERATION IN THE LOCAL AREA. ALMSGIVING CURRENTLY HELPS BETWEEN BRIDGES, HEADED BY PASTOR LARRY, WITH CLOTHING FOR THE HOMELESS AND OTHER VITAL ESSENTIALS.WE PLAN TO BE ESTABLISHED AS A FOOD PANTRY OURSELVES SO THAT WE CAN STREAMLINE YOUR DONATIONS AND HELP DONATION CENTERS KEEP UP WITH DEMAND.ONE OF OUR LONG TERM GOALS, IS TO AQUIRE A TRANSITIONAL LIVING FACILITY FOR RECENTLY EVICTED FAMILIES OR HOMELESS LOOKING FOR A PATHWAY FORWARD TO RECOVER. WE BELIEVE THIS TO BE A POWERFUL RESOURCE FOR THOSE PEOPLE WHO HAVE LOST IT ALL AND NOT SURE HOW TO GET BACK UP.
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