Gail & Maurice Setton Foundation Inc is a 501(c)(3) organization based in Great Neck, New York, registered in 2019, with $551,090 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$551K
▲ 142.0% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$188K
Net assets
$783K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Gail & Maurice Setton 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 →
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 Gail & Maurice Setton Foundation Inc: 50 mo reserves · +66% margin earns a A 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 Gail & Maurice Setton 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 →
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 Gail & Maurice Setton Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $75K (FY2020) to $551K (FY2024) across 5 reported years.
Financial snapshot
Operating margin
65.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$783K
Total liabilities
$0
Net assets
$783K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $551,090▲142% | $188,051▲66.3% | $783,221▲86.4% | $783,221▲86.4% | 990PF |
| 2023 | $227,691▲61.9% | $113,112▼0.7% | $420,182▲35.5% | $420,182▲35.5% | 990PF |
| 2022 | $140,615▼66.0% | $113,943▼17.3% | $310,007▲11.1% | $310,007▲5.3% | 990PF |
| 2021 | $414,000▲452% | $137,792▲15.3% | $278,932▲1288% | $294,531▲10712% | 990PF |
| 2020 | $75,000 | $119,489 | -$23,473 | $2,724 | 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 Gail & Maurice Setton Foundation Inc (EIN 84-3368157) 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.