Bernard & Nancy Karwick Foundation is a 501(c)(3) organization based in Woodbury, New York, registered in 2018, with $785,671 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$786K
▲ 162.7% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$1.1M
Net assets
$3.2M
Employees
—
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 Bernard & Nancy Karwick Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Bernard & Nancy Karwick Foundation: 36 mo reserves · -38% margin earns a D on this criterion. See the exact thresholds →
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 Bernard & Nancy Karwick Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Bernard & Nancy Karwick Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $407K (FY2017) to $786K (FY2024) across 8 reported years.
Financial snapshot
Operating margin
-38.0%
Spent more than it raised in the latest fiscal year.
Total assets
$3.2M
Total liabilities
$0
Net assets
$3.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $785,671▲163% | $1,084,600▲305% | $3,247,518▼8.2% | $3,247,518▼8.2% | 990PF |
| 2023 | $299,126▼10.1% | $267,709▲12.2% | $3,535,748▲1.2% | $3,535,748▲1.2% | 990PF |
| 2022 | $332,567▼14.4% | $238,655▼25.0% | $3,493,020▲3.0% | $3,493,020▲3.0% | 990PF |
| 2021 | $388,594▲39.0% | $318,400▲275% | $3,390,392▲2.5% | $3,390,392▲2.5% | 990PF |
| 2020 | $279,590▲102% | $85,000▼63.2% | $3,308,836▲6.8% | $3,308,836▲6.8% | 990PF |
| 2019 | $138,568▲37.7% | $230,900▲25.1% | $3,096,833▼2.6% | $3,096,833▼2.6% | 990PF |
| 2018 | $100,603▼75.3% | $184,500▲3.4% | $3,179,893▼2.2% | $3,179,893▼2.2% | 990PF |
| 2017 | $407,468 | $178,438 | $3,252,492 | $3,252,492 | 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.
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Data for Bernard & Nancy Karwick Foundation (EIN 81-4726531) 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.