Iris B & Carl B Apfel Charitable Trust is a 501(c)(3) organization based in Palm Bch Gdns, Florida, registered in 2004, with $14,766 in FY2022 revenue. CharityIndex grades it F.
Revenue (FY2022)
$15K
▼ 30.2% vs prior year
Philanthropy median: $168K
Expenses (FY2022)
$37K
Net assets
$162K
Employees
—
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 Iris B & Carl B Apfel Charitable Trust— 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 Iris B & Carl B Apfel Charitable Trust: 52 mo reserves · -154% margin earns a F 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 Iris B & Carl B Apfel Charitable Trust— 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 Iris B & Carl B Apfel Charitable Trust: 0 of 5 disclosure signals earns a F on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $10K (FY2019) to $15K (FY2022) across 4 reported years.
Financial snapshot
Operating margin
-153.6%
Spent more than it raised in the latest fiscal year.
Total assets
$163K
Total liabilities
$640
Net assets
$162K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2022 | $14,766▼30.2% | $37,440▼51.8% | $162,328▼12.3% | $162,968▼11.9% | 990PF |
| 2021 | $21,168▼36.6% | $77,711▲116% | $185,002▼23.4% | $185,002▼23.4% | 990PF |
| 2020 | $33,396▲223% | $36,044▲297% | $241,545▼1.1% | $241,545▼1.1% | 990PF |
| 2019 | $10,342 | $9,079 | $244,193 | $244,193 | 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.
Explore more
Data for Iris B & Carl B Apfel Charitable Trust (EIN 59-7194349) 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.