Fain-malsky Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Fain-malsky Foundation is a 501(c)(3) organization based in Providence, Rhode Island, registered in 1988, with $9,277 in FY2024 revenue. CharityIndex grades it F.
C/o Eve Savitzky 21 Lincoln Ave, Providence, RI, 02906 EIN 13-3474810 Since 1988
Revenue (FY2024)
$9,277
▲ 28.9% vs prior year
Expenses (FY2024)
$22K
Net assets
$391K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Fain-malsky Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating211 mo reserves · -139% 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 Fain-malsky Foundation: 211 mo reserves · -139% margin earns a F 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 Fain-malsky 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 Fain-malsky Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- C/o Eve Savitzky 21 Lincoln Ave, Providence, RI, 02906
- City
- Providence
- State
- Rhode Island
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $25K (FY2013) to $9,277 (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $391K
Operating margin
-139.4%
Spent more than it raised in the latest fiscal year.
Total assets
$391K
Total liabilities
$0
Net assets
$391K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $9,277▲28.9% | $22,205▼2.6% | $390,760▼3.2% | $390,760▼3.2% | 990PF |
| 2023 | $7,196▲38.1% | $22,789▼10.4% | $403,688▼3.7% | $403,688▼3.7% | 990PF |
| 2022 | $5,212▼90.7% | $25,423▲43.2% | $419,281▼4.6% | $419,281▼4.6% | 990PF |
| 2021 | $56,189▲222% | $17,750▲80.5% | $439,492▲9.6% | $439,492▲9.6% | 990PF |
| 2020 | $17,430▼85.0% | $9,832▼50.8% | $401,053▲1.9% | $401,053▲1.9% | 990PF |
| 2019 | $116,245▲218% | $19,999▲43.6% | $393,455▲32.4% | $393,455▲32.4% | 990PF |
| 2018 | $36,577▲16.5% | $13,925▼1.6% | $297,209▲8.3% | $297,209▲8.3% | 990PF |
| 2017 | $31,399▲49.8% | $14,156▼11.1% | $274,557▲6.7% | $274,557▲6.7% | 990PF |
| 2016 | $20,962▼20.6% | $15,926▼20.2% | $257,314▲2.0% | $257,314▲2.0% | 990PF |
| 2015 | $26,401▼26.2% | $19,965▲89.9% | $252,278▲2.6% | $252,278▲2.6% | 990PF |
| 2014 | $35,756▲40.5% | $10,515▲10.5% | $245,842▲11.4% | $245,842▲11.4% | 990PF |
| 2013 | $25,442 | $9,514▼1.6% | $220,601▲7.8% | $220,601▲7.8% | 990PF |
| 2012 | — | $9,669 | $204,673 | $204,673 | 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 Fain-malsky Foundation a legitimate nonprofit?
- Yes. Fain-malsky Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-3474810, based in Providence, Rhode Island. Donations are tax-deductible.
- What is Fain-malsky Foundation's EIN?
- Fain-malsky Foundation's Employer Identification Number (EIN) is 13-3474810.
- How much revenue does Fain-malsky Foundation report?
- Fain-malsky Foundation reported $9,277 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Fain-malsky Foundation have?
- CharityIndex grades Fain-malsky Foundation F, based on financial health (reserves and operating margin).
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Data for Fain-malsky Foundation (EIN 13-3474810) 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.