Herbert & Ellen Levitt Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Herbert & Ellen Levitt Foundation Inc is a 501(c)(3) organization based in Boca Raton, Florida, registered in 1985, with $44,245 in FY2024 revenue. CharityIndex grades it F.
550 Se 5th Ave Apt 505s, Boca Raton, FL, 33432 EIN 22-2601898 Since 1985
Revenue (FY2024)
$44K
▲ 104.9% vs prior year
Expenses (FY2024)
$121K
Net assets
$671K
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 Herbert & Ellen Levitt 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 →
FFinancial health25% of the rating67 mo reserves · -173% 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 Herbert & Ellen Levitt Foundation Inc: 67 mo reserves · -173% 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 Herbert & Ellen Levitt 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 →
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 Herbert & Ellen Levitt Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 550 Se 5th Ave Apt 505s, Boca Raton, FL, 33432
- City
- Boca Raton
- State
- Florida
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $115K (FY2019) to $44K (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $671K
Operating margin
-173.5%
Spent more than it raised in the latest fiscal year.
Total assets
$671K
Total liabilities
$0
Net assets
$671K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $44,245▲105% | $120,994▲7.3% | $671,030▼10.3% | $671,030▼10.3% | 990PF |
| 2023 | $21,589▲188% | $112,731▼18.9% | $747,779▼10.9% | $747,779▼10.9% | 990PF |
| 2022 | -$24,617▼151% | $139,004▼0.1% | $838,921▼16.3% | $838,921▼16.3% | 990PF |
| 2021 | $47,839▼68.7% | $139,099▲4.7% | $1,002,542▼8.3% | $1,002,542▼8.3% | 990PF |
| 2020 | $152,769▲33.4% | $132,907▲32.8% | $1,093,802▲1.8% | $1,093,802▲1.8% | 990PF |
| 2019 | $114,533 | $100,068 | $1,073,940 | $1,073,940 | 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 Herbert & Ellen Levitt Foundation Inc a legitimate nonprofit?
- Yes. Herbert & Ellen Levitt Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 22-2601898, based in Boca Raton, Florida. Donations are tax-deductible.
- What is Herbert & Ellen Levitt Foundation Inc's EIN?
- Herbert & Ellen Levitt Foundation Inc's Employer Identification Number (EIN) is 22-2601898.
- How much revenue does Herbert & Ellen Levitt Foundation Inc report?
- Herbert & Ellen Levitt Foundation Inc reported $44,245 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Herbert & Ellen Levitt Foundation Inc have?
- CharityIndex grades Herbert & Ellen Levitt Foundation Inc F, based on financial health (reserves and operating margin).
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Data for Herbert & Ellen Levitt Foundation Inc (EIN 22-2601898) 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.