Doris & Mortimer Grossman Fund Inc Neponsit is a 501(c)(3) organization based in New Rochelle, New York, registered in 1962, with $1,017 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$1,017
▼ 49.4% vs prior year
Expenses (FY2024)
$2,459
Net assets
$37K
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 Doris & Mortimer Grossman Fund Inc Neponsit— 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 Doris & Mortimer Grossman Fund Inc Neponsit: 179 mo reserves · -142% margin earns a F 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 Doris & Mortimer Grossman Fund Inc Neponsit— 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 Doris & Mortimer Grossman Fund Inc Neponsit: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $3,044 (FY2013) to $1,017 (FY2024) across 7 reported years.
Financial snapshot
Operating margin
-141.8%
Spent more than it raised in the latest fiscal year.
Total assets
$37K
Total liabilities
$0
Net assets
$37K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,017▼49.4% | $2,459▼4.4% | $36,753▲10.7% | $36,753▲10.7% | 990PF |
| 2023 | $2,009▼87.4% | $2,572▼0.2% | $33,207▼0.2% | $33,207▼0.2% | 990PF |
| 2022 | $15,897▲664% | $2,578▲1088% | $33,276▲18.8% | $33,276▲18.8% | 990PF |
| 2021 | $2,082▲22.5% | $217▼90.8% | $28,001▼1.3% | $28,001▼1.3% | 990PF |
| 2020 | $1,699▼67.2% | $2,352▼49.4% | $28,360▲13.6% | $28,360▲13.6% | 990PF |
| 2014 | $5,178▲70.1% | $4,649▲19.5% | $24,961▲2.2% | $24,961▲2.2% | 990PF |
| 2013 | $3,044 | $3,892▲11.8% | $24,432▼3.4% | $24,432▼3.4% | 990PF |
| 2012 | — | $3,481▼2.6% | $25,280▼6.7% | $25,280▼6.7% | 990PF |
| 2011 | — | $3,574▼0.3% | $27,085▼7.3% | $27,085▼7.3% | 990PF |
| 2010 | — | $3,583 | $29,230 | $29,230 | 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 Doris & Mortimer Grossman Fund Inc Neponsit (EIN 11-6005067) 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.