Kargman Charitable & Educational Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Kargman Charitable & Educational Foundation Inc is a 501(c)(3) organization based in Boston, Massachusetts, registered in 1966, with $1,163,277 in FY2024 revenue. CharityIndex grades it C+.
151 Tremont Street Ph, Boston, MA, 02111 EIN 04-6133810 Since 1966
Revenue (FY2024)
$1.2M
▲ 51.6% vs prior year
Expenses (FY2024)
$328K
Net assets
$1.2M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—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 Kargman Charitable & Educational 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 →
AFinancial health25% of the rating44 mo reserves · +72% 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 Kargman Charitable & Educational Foundation Inc: 44 mo reserves · +72% margin earns a A 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 Kargman Charitable & Educational 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 Kargman Charitable & Educational Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 151 Tremont Street Ph, Boston, MA, 02111
- City
- Boston
- State
- Massachusetts
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $176K (FY2013) to $1.2M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.3MNet assets $1.2M
Operating margin
71.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.5M
Total liabilities
$1.3M
Net assets
$1.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,163,277▲51.6% | $327,981▼24.9% | $1,196,901▲259% | $2,463,513▲42.1% | 990PF |
| 2023 | $767,562▲30.5% | $436,991▲82.1% | $333,027▲13460% | $1,734,048▼16.2% | 990PF |
| 2022 | $588,267▼6.5% | $239,920▲115% | $2,456▲101% | $2,070,207▲18.4% | 990PF |
| 2021 | $629,194▲569% | $111,717▼74.4% | -$345,891▲59.9% | $1,748,306▲15.2% | 990PF |
| 2020 | -$134,140▼136% | $436,503▲84.0% | -$863,368▼195% | $1,517,001▼16.9% | 990PF |
| 2019 | $368,884▲18.5% | $237,216▲70.0% | -$292,725▲25.1% | $1,824,829▲1.1% | 990PF |
| 2018 | $311,396▲2.5% | $139,553▲26.3% | -$390,832▲30.5% | $1,804,278▲13.7% | 990PF |
| 2017 | $303,717▲16.5% | $110,509▼51.2% | -$562,675▲14.6% | $1,587,107▲16.2% | 990PF |
| 2016 | $260,807▲147% | $226,525▲98.7% | -$658,544▼126% | $1,365,601▼19.9% | 990PF |
| 2015 | -$557,240▼209% | $114,013▼61.4% | -$291,254▼177% | $1,704,734▼29.2% | 990PF |
| 2014 | $512,531▲192% | $295,352▲105% | $378,028▲149% | $2,408,702▼6.3% | 990PF |
| 2013 | $175,518 | $144,314▼35.0% | $151,634▲30.6% | $2,571,267▲4.7% | 990PF |
| 2012 | — | $222,114▼5.2% | $116,124▼30.3% | $2,456,783▲5.3% | 990PF |
| 2011 | — | $234,239▼27.2% | $166,567▼10.9% | $2,333,435▲8.8% | 990PF |
| 2010 | — | $321,933▼12.7% | $186,947▼52.5% | $2,144,240▲0.7% | 990PF |
| 2009 | — | $368,781 | $393,268 | $2,130,129 | 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 Kargman Charitable & Educational Foundation Inc a legitimate nonprofit?
- Yes. Kargman Charitable & Educational Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-6133810, based in Boston, Massachusetts. Donations are tax-deductible.
- What is Kargman Charitable & Educational Foundation Inc's EIN?
- Kargman Charitable & Educational Foundation Inc's Employer Identification Number (EIN) is 04-6133810.
- How much revenue does Kargman Charitable & Educational Foundation Inc report?
- Kargman Charitable & Educational Foundation Inc reported $1,163,277 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Kargman Charitable & Educational Foundation Inc have?
- CharityIndex grades Kargman Charitable & Educational Foundation Inc C+, based on financial health (reserves and operating margin).
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Data for Kargman Charitable & Educational Foundation Inc (EIN 04-6133810) 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.