Kenneth S Michael Foundation Inc is a 501(c)(3) organization based in New York, New York, registered in 1969, with $72,439 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$72K
▲ 62.0% vs prior year
Expenses (FY2024)
$46K
Net assets
$878K
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 Kenneth S Michael 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 →
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 Kenneth S Michael Foundation Inc: 231 mo reserves · +37% margin earns a B+ 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 Kenneth S Michael 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 →
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 Kenneth S Michael Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $34K (FY2019) to $72K (FY2024) across 6 reported years.
Financial snapshot
Operating margin
37.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$878K
Total liabilities
$0
Net assets
$878K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $72,439▲62.0% | $45,627▲23.2% | $877,951▲3.2% | $877,951▲3.2% | 990PF |
| 2023 | $44,726▲979% | $37,027▲10.7% | $851,139▲0.9% | $851,139▲0.9% | 990PF |
| 2022 | $4,144▼90.6% | $33,452▲1.6% | $843,438▼3.4% | $843,438▼3.4% | 990PF |
| 2021 | $44,119▲570% | $32,934▼15.9% | $873,259▲1.3% | $873,259▲1.3% | 990PF |
| 2020 | -$9,390▼127% | $39,154▼9.0% | $862,440▼5.4% | $862,440▼5.4% | 990PF |
| 2019 | $34,403 | $43,024 | $911,275 | $911,275 | 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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Data for Kenneth S Michael Foundation Inc (EIN 13-6257692) 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.