Arthur N Hershaft Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Arthur N Hershaft Foundation is a 501(c)(3) organization based in Palm Beach, Florida, with $286,507 in FY2024 revenue. CharityIndex grades it C.
150 Bradley Place 209n, Palm Beach, FL, 33480 EIN 22-6462965
Revenue (FY2024)
$287K
▼ 85.4% vs prior year
Expenses (FY2024)
$334K
Net assets
$1.9M
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 Arthur N Hershaft Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating67 mo reserves · -16% 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 Arthur N Hershaft Foundation: 67 mo reserves · -16% margin earns a C+ 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 Arthur N Hershaft 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 Arthur N Hershaft Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 150 Bradley Place 209n, Palm Beach, FL, 33480
- City
- Palm Beach
- State
- Florida
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $81K (FY2019) to $287K (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.9M
Operating margin
-16.5%
Spent more than it raised in the latest fiscal year.
Total assets
$1.9M
Total liabilities
$0
Net assets
$1.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $286,507▼85.4% | $333,723▲5.6% | $1,860,183▼2.5% | $1,860,183▼2.5% | 990PF |
| 2023 | $1,956,361▲4523% | $315,931▲152% | $1,907,399▲614% | $1,907,399▲614% | 990PF |
| 2022 | $42,321▼75.4% | $125,221▼70.9% | $266,969▼23.7% | $266,969▼23.7% | 990PF |
| 2021 | $171,757▲11.2% | $430,163▼1.5% | $349,869▼42.5% | $349,869▼42.5% | 990PF |
| 2020 | $154,467▲91.4% | $436,602▼3.4% | $608,275▼31.7% | $608,275▼31.7% | 990PF |
| 2019 | $80,724 | $452,056 | $890,410 | $890,410 | 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 Arthur N Hershaft Foundation a legitimate nonprofit?
- Yes. Arthur N Hershaft Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 22-6462965, based in Palm Beach, Florida. Donations are tax-deductible.
- What is Arthur N Hershaft Foundation's EIN?
- Arthur N Hershaft Foundation's Employer Identification Number (EIN) is 22-6462965.
- How much revenue does Arthur N Hershaft Foundation report?
- Arthur N Hershaft Foundation reported $286,507 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Arthur N Hershaft Foundation have?
- CharityIndex grades Arthur N Hershaft Foundation C, based on financial health (reserves and operating margin).
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Data for Arthur N Hershaft Foundation (EIN 22-6462965) 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.