Carl B and Ludmila S Hess Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Carl B and Ludmila S Hess Foundation is a 501(c)(3) organization based in New York, New York, registered in 2000, with $200,003 in FY2024 revenue. CharityIndex grades it D.
2 Sutton Pl S Apt 17a, New York, NY, 10022 EIN 31-6651912 Since 2000
Revenue (FY2024)
$200K
▲ 185.6% vs prior year
Expenses (FY2024)
$267K
Net assets
$1.7M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 Carl B and Ludmila S Hess Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating76 mo reserves · -33% 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 Carl B and Ludmila S Hess Foundation: 76 mo reserves · -33% margin earns a D 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 Carl B and Ludmila S Hess 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 Carl B and Ludmila S Hess Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $818K (FY2013) to $200K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.7M
Operating margin
-33.3%
Spent more than it raised in the latest fiscal year.
Total assets
$1.7M
Total liabilities
$0
Net assets
$1.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $200,003▲186% | $266,519▲6.4% | $1,695,183▲3.2% | $1,695,183▲3.2% | 990PF |
| 2023 | $70,028▲3.3% | $250,489▼20.8% | $1,642,005▼9.9% | $1,642,006▼9.9% | 990PF |
| 2022 | $67,782▼86.5% | $316,278▼83.0% | $1,822,466▼12.0% | $1,822,466▼12.0% | 990PF |
| 2021 | $501,993▲122% | $1,858,448▲496% | $2,070,962▼28.3% | $2,070,962▼28.3% | 990PF |
| 2020 | $226,601▼55.5% | $311,693▲24.2% | $2,889,466 | $2,889,466▼2.9% | 990PF |
| 2019 | $509,002▼51.3% | $250,901▼5.9% | $0▼100% | $2,974,558▲9.5% | 990PF |
| 2018 | $1,044,680▲87.7% | $266,674▲78.2% | $2,717,682▲40.1% | $2,717,682▲40.1% | 990PF |
| 2017 | $556,492▲73.3% | $149,636▼5.8% | $1,939,676▲26.5% | $1,939,676▲26.5% | 990PF |
| 2016 | $321,128▲94.1% | $158,786▼11.0% | $1,532,820▲11.8% | $1,532,820▲11.8% | 990PF |
| 2015 | $165,422▼66.3% | $178,510▲2.0% | $1,370,478▼0.9% | $1,370,478▼0.9% | 990PF |
| 2014 | $490,783▼40.0% | $175,091▲35.3% | $1,383,566▲15.8% | $1,383,566▲15.8% | 990PF |
| 2013 | $818,130 | $129,395 | $1,195,066 | $1,195,066 | 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 Carl B and Ludmila S Hess Foundation a legitimate nonprofit?
- Yes. Carl B and Ludmila S Hess Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 31-6651912, based in New York, New York. Donations are tax-deductible.
- What is Carl B and Ludmila S Hess Foundation's EIN?
- Carl B and Ludmila S Hess Foundation's Employer Identification Number (EIN) is 31-6651912.
- How much revenue does Carl B and Ludmila S Hess Foundation report?
- Carl B and Ludmila S Hess Foundation reported $200,003 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Carl B and Ludmila S Hess Foundation have?
- CharityIndex grades Carl B and Ludmila S Hess Foundation D, based on financial health (reserves and operating margin).
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Data for Carl B and Ludmila S Hess Foundation (EIN 31-6651912) 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.