I & B Neuman Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
I & B Neuman Foundation Inc is a 501(c)(3) organization based in New York, New York, registered in 1961, with $2,621 in FY2024 revenue. CharityIndex grades it F.
122 East 42nd Street, New York, NY, 10168 EIN 13-6161492 Since 1961
Revenue (FY2024)
$2,621
▲ 262000.0% vs prior year
Expenses (FY2024)
$14K
Net assets
$43K
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 I & B Neuman 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 rating38 mo reserves · -416% 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 I & B Neuman Foundation Inc: 38 mo reserves · -416% 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 I & B Neuman 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 I & B Neuman Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $4,037 (FY2019) to $2,621 (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $43K
Operating margin
-415.7%
Spent more than it raised in the latest fiscal year.
Total assets
$43K
Total liabilities
$0
Net assets
$43K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,621▲262000% | $13,517▼26.8% | $42,996▼20.2% | $42,996▼20.2% | 990PF |
| 2023 | $1▼99.9% | $18,471▲65.2% | $53,892▼25.5% | $53,892▼25.5% | 990PF |
| 2022 | $1,752▼66.3% | $11,178▼21.1% | $72,362▼11.5% | $72,362▼11.5% | 990PF |
| 2021 | $5,192▼50.9% | $14,170▼44.0% | $81,788▼9.9% | $81,788▼9.9% | 990PF |
| 2020 | $10,571▲162% | $25,306▼69.4% | $90,766▼14.0% | $90,766▼14.0% | 990PF |
| 2019 | $4,037 | $82,622 | $105,501 | $105,501 | 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 I & B Neuman Foundation Inc a legitimate nonprofit?
- Yes. I & B Neuman Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-6161492, based in New York, New York. Donations are tax-deductible.
- What is I & B Neuman Foundation Inc's EIN?
- I & B Neuman Foundation Inc's Employer Identification Number (EIN) is 13-6161492.
- How much revenue does I & B Neuman Foundation Inc report?
- I & B Neuman Foundation Inc reported $2,621 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does I & B Neuman Foundation Inc have?
- CharityIndex grades I & B Neuman Foundation Inc F, based on financial health (reserves and operating margin).
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Data for I & B Neuman Foundation Inc (EIN 13-6161492) 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.