H Herbert Myers Memorial Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
H Herbert Myers Memorial Foundation is a 501(c)(3) organization based in Parsippany, New Jersey, registered in 1965, with $498,179 in FY2024 revenue. CharityIndex grades it C+.
Co Mccabe Wong 4 Gatehall Dr, Parsippany, NJ, 07054 EIN 11-6044697 Since 1965
Revenue (FY2024)
$498K
▲ 33.4% vs prior year
Expenses (FY2024)
$363K
Net assets
$3.9M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 H Herbert Myers Memorial Foundation— 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 rating129 mo reserves · +27% 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 H Herbert Myers Memorial Foundation: 129 mo reserves · +27% 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 H Herbert Myers Memorial 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 H Herbert Myers Memorial Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Co Mccabe Wong 4 Gatehall Dr, Parsippany, NJ, 07054
- City
- Parsippany
- State
- New Jersey
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $500K (FY2018) to $498K (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $3.9M
Operating margin
27.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.9M
Total liabilities
$0
Net assets
$3.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $498,179▲33.4% | $363,370▲4.2% | $3,915,224▲3.6% | $3,915,224▲3.6% | 990PF |
| 2023 | $373,484▼10.4% | $348,753▼7.5% | $3,780,415▲0.7% | $3,780,415▲0.7% | 990PF |
| 2022 | $416,933▲83.3% | $376,879▲9.8% | $3,755,684▲1.1% | $3,755,684▲1.1% | 990PF |
| 2021 | $227,481▼64.8% | $343,100▲2.9% | $3,715,630▼3.0% | $3,715,630▼3.0% | 990PF |
| 2020 | $645,889▲84.9% | $333,319▲12.9% | $3,831,249▲8.9% | $3,831,249▲8.9% | 990PF |
| 2019 | $349,350▼30.1% | $295,209▼2.9% | $3,518,679▲1.6% | $3,518,679▲1.6% | 990PF |
| 2018 | $499,517 | $303,965 | $3,464,538 | $3,464,538 | 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 H Herbert Myers Memorial Foundation a legitimate nonprofit?
- Yes. H Herbert Myers Memorial Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 11-6044697, based in Parsippany, New Jersey. Donations are tax-deductible.
- What is H Herbert Myers Memorial Foundation's EIN?
- H Herbert Myers Memorial Foundation's Employer Identification Number (EIN) is 11-6044697.
- How much revenue does H Herbert Myers Memorial Foundation report?
- H Herbert Myers Memorial Foundation reported $498,179 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does H Herbert Myers Memorial Foundation have?
- CharityIndex grades H Herbert Myers Memorial Foundation C+, based on financial health (reserves and operating margin).
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Data for H Herbert Myers Memorial Foundation (EIN 11-6044697) 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.