Abraham & Beverly Sommer Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Abraham & Beverly Sommer Foundation is a 501(c)(3) organization based in Staten Island, New York, registered in 1978, with $511,705 in FY2024 revenue. CharityIndex grades it C+.
4077 Hylan Blvd 10, Staten Island, NY, 10308 EIN 13-2960992 Since 1978
Revenue (FY2024)
$512K
▲ 38.1% vs prior year
Expenses (FY2024)
$410K
Net assets
$5.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Abraham & Beverly Sommer Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating154 mo reserves · +20% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Abraham & Beverly Sommer Foundation: 154 mo reserves · +20% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Abraham & Beverly Sommer Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Abraham & Beverly Sommer Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 4077 Hylan Blvd 10, Staten Island, NY, 10308
- City
- Staten Island
- State
- New York
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $321K (FY2013) to $512K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $5.3M
Operating margin
19.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$5.3M
Total liabilities
$0
Net assets
$5.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $511,705▲38.1% | $409,708▲3.6% | $5,267,531▲2.0% | $5,267,531▲2.0% | 990PF |
| 2023 | $370,494▼6.4% | $395,446▲13.3% | $5,165,534▼0.5% | $5,165,534▼0.5% | 990PF |
| 2022 | $395,954▲59.1% | $349,138▲56.4% | $5,190,486▲0.9% | $5,190,486▲0.9% | 990PF |
| 2021 | $248,829▼85.1% | $223,194▲6.9% | $5,143,670▲0.5% | $5,143,670▲0.5% | 990PF |
| 2020 | $1,666,709▲778% | $208,702▲1.5% | $5,118,035▲39.8% | $5,118,035▲39.8% | 990PF |
| 2019 | $189,781▼55.9% | $205,619▼5.5% | $3,660,028▼0.4% | $3,660,028▼0.4% | 990PF |
| 2018 | $430,049▲262% | $217,491▲2.7% | $3,675,866▲6.1% | $3,675,866▲6.1% | 990PF |
| 2017 | $118,860▼58.7% | $211,792▼5.4% | $3,463,308▼2.6% | $3,463,308▼2.6% | 990PF |
| 2016 | $288,070▲35.0% | $223,900▲101% | $3,556,240▲1.8% | $3,556,240▲1.8% | 990PF |
| 2015 | $213,406▼38.6% | $111,427▼45.0% | $3,492,070▲3.0% | $3,492,070▲3.0% | 990PF |
| 2014 | $347,371▲8.3% | $202,455▼22.0% | $3,390,091▲4.5% | $3,390,091▲4.5% | 990PF |
| 2013 | $320,636 | $259,705▼5.5% | $3,245,175▲1.9% | $3,245,175▲1.9% | 990PF |
| 2012 | — | $274,759▲7.8% | $3,184,244▼2.8% | $3,184,244▼2.8% | 990PF |
| 2011 | — | $254,878▲8.1% | $3,274,773▼0.4% | $3,274,773▼0.4% | 990PF |
| 2010 | — | $235,868 | $3,289,331 | $3,289,331 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Abraham & Beverly Sommer Foundation a legitimate nonprofit?
- Yes. Abraham & Beverly Sommer Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-2960992, based in Staten Island, New York. Donations are tax-deductible.
- What is Abraham & Beverly Sommer Foundation's EIN?
- Abraham & Beverly Sommer Foundation's Employer Identification Number (EIN) is 13-2960992.
- How much revenue does Abraham & Beverly Sommer Foundation report?
- Abraham & Beverly Sommer Foundation reported $511,705 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Abraham & Beverly Sommer Foundation have?
- CharityIndex grades Abraham & Beverly Sommer Foundation C+, based on financial health (reserves and operating margin).
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Data for Abraham & Beverly Sommer Foundation (EIN 13-2960992) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.