Frederick A Simeone M D Foundation Inc
Only null% goes to programs Strong reserves Declining revenue
Frederick A Simeone M D Foundation Inc is a 501(c)(3) organization based in Philadelphia, Pennsylvania, registered in 1998, with $2,446,256 in FY2024 revenue. CharityIndex grades it B.
6825 Norwitch Dr, Philadelphia, PA, 19153 EIN 22-3483147 Since 1998
Revenue (FY2024)
$2.4M
▼ 92.7% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$2.1M
Net assets
$129.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—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 Frederick A Simeone M D Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating738 mo reserves · +14% 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 Frederick A Simeone M D Foundation Inc: 738 mo reserves · +14% margin earns a B+ 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 Frederick A Simeone M D Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Frederick A Simeone M D Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 6825 Norwitch Dr, Philadelphia, PA, 19153
- City
- Philadelphia
- State
- Pennsylvania
- Category
- Arts, Culture & Humanities
- Subcategory
- Museums
- Website
- …
Financial trends
Revenue grew from $1.0M (FY2014) to $2.4M (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $230KNet assets $129.1M
Operating margin
14.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$129.3M
Total liabilities
$230K
Net assets
$129.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,446,256▼92.7% | $2,098,381▲67.6% | $129,070,106▲21.4% | $129,299,664▲21.4% | 990PF |
| 2023 | $33,564,225▲3052% | $1,251,797▲1.1% | $106,331,274▲112% | $106,475,973▲111% | 990PF |
| 2022 | $1,064,999▼96.0% | $1,238,251▲15.0% | $50,207,392▼34.8% | $50,406,819▼34.7% | 990PF |
| 2021 | $26,353,142▲364% | $1,076,957▼41.7% | $77,012,898▲67.8% | $77,166,130▲66.6% | 990PF |
| 2020 | $5,679,515▼14.7% | $1,845,893▲126% | $45,902,499▲30.5% | $46,309,914▲31.6% | 990PF |
| 2019 | $6,662,051▲561% | $817,096▲32.2% | $35,163,677▲60.1% | $35,178,458▲60.1% | 990PF |
| 2014 | $1,007,711 | $618,256 | $21,968,175 | $21,977,031 | 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.
Grants received · $63K total
2 grants to Frederick A Simeone M D Foundation Inc totaling $63K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Philanthropic Tr | Culture & arts | 2019 | $12,500 |
| National Philanthropic Tr | Culture & arts | 2016 | $50,000 |
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Frequently asked questions
- Is Frederick A Simeone M D Foundation Inc a legitimate nonprofit?
- Yes. Frederick A Simeone M D Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 22-3483147, based in Philadelphia, Pennsylvania. Donations are tax-deductible.
- What is Frederick A Simeone M D Foundation Inc's EIN?
- Frederick A Simeone M D Foundation Inc's Employer Identification Number (EIN) is 22-3483147.
- How much revenue does Frederick A Simeone M D Foundation Inc report?
- Frederick A Simeone M D Foundation Inc reported $2,446,256 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Frederick A Simeone M D Foundation Inc have?
- CharityIndex grades Frederick A Simeone M D Foundation Inc B, based on financial health (reserves and operating margin).
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Data for Frederick A Simeone M D Foundation Inc (EIN 22-3483147) 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.