Irwin S Scherzer Foundation Inc
Only null% goes to programs Strong reserves Declining revenue
Irwin S Scherzer Foundation Inc is a 501(c)(3) organization based in New York, New York, registered in 2001, with $192,578 in FY2024 revenue. CharityIndex grades it D.
829 Park Ave Apt 6b, New York, NY, 10021 EIN 06-1619844 Since 2001
Revenue (FY2024)
$193K
▲ 0.5% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$274K
Net assets
$3.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 Irwin S Scherzer 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 →
DFinancial health25% of the rating151 mo reserves · -42% 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 Irwin S Scherzer Foundation Inc: 151 mo reserves · -42% margin earns a D 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 Irwin S Scherzer 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 Irwin S Scherzer Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 829 Park Ave Apt 6b, New York, NY, 10021
- City
- New York
- State
- New York
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $113K (FY2013) to $193K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1,662Net assets $3.5M
Operating margin
-42.1%
Spent more than it raised in the latest fiscal year.
Total assets
$3.5M
Total liabilities
$1,662
Net assets
$3.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $192,578▲0.5% | $273,640 | $3,454,081▲2.6% | $3,455,743▲2.6% | 990PF |
| 2023 | $191,539▼12.7% | $273,539▲5.9% | $3,366,595▲4.9% | $3,366,595▲4.9% | 990PF |
| 2022 | $219,322▼56.1% | $258,268▼6.9% | $3,209,031▼20.5% | $3,210,603▼20.5% | 990PF |
| 2021 | $499,392▲3024% | $277,282▲2.6% | $4,035,087▲11.5% | $4,036,659▲11.5% | 990PF |
| 2020 | -$17,081▼102% | $270,353▲26.4% | $3,619,127▲3.4% | $3,620,699▲3.4% | 990PF |
| 2019 | $765,019▲890% | $213,870▲5.5% | $3,500,074▲14.8% | $3,501,646▲14.8% | 990PF |
| 2018 | $77,255▼14.0% | $202,685▼4.4% | $3,049,658▼11.9% | $3,051,230▼11.9% | 990PF |
| 2017 | $89,802▼19.7% | $211,936▲6.0% | $3,462,661▲5.2% | $3,464,233▲5.2% | 990PF |
| 2016 | $111,832▼45.5% | $199,920▼30.4% | $3,291,739▲0.7% | $3,293,269▲0.7% | 990PF |
| 2015 | $205,121▲1132% | $287,147▲60.8% | $3,268,991▼8.3% | $3,268,991▼8.3% | 990PF |
| 2014 | -$19,883▼118% | $178,519▲22.6% | $3,565,339▼2.0% | $3,565,339▼2.0% | 990PF |
| 2013 | $112,804 | $145,612▲27.8% | $3,638,709▲14.3% | $3,638,709▲14.3% | 990PF |
| 2012 | — | $113,968▲219% | $3,184,823▲5.8% | $3,184,823▲5.8% | 990PF |
| 2011 | — | $35,685▲28.8% | $3,011,510▲600% | $3,011,510▲600% | 990PF |
| 2010 | — | $27,704 | $430,428 | $430,428 | 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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Frequently asked questions
- Is Irwin S Scherzer Foundation Inc a legitimate nonprofit?
- Yes. Irwin S Scherzer Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 06-1619844, based in New York, New York. Donations are tax-deductible.
- What is Irwin S Scherzer Foundation Inc's EIN?
- Irwin S Scherzer Foundation Inc's Employer Identification Number (EIN) is 06-1619844.
- How much revenue does Irwin S Scherzer Foundation Inc report?
- Irwin S Scherzer Foundation Inc reported $192,578 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Irwin S Scherzer Foundation Inc have?
- CharityIndex grades Irwin S Scherzer Foundation Inc D, based on financial health (reserves and operating margin).
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Data for Irwin S Scherzer Foundation Inc (EIN 06-1619844) 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.