L&f Schwartz Foundation Tr
Only null% goes to programs Strong reserves
L&f Schwartz Foundation Tr is a 501(c)(3) organization based in Brooklyn, New York, registered in 2002, with $109 in FY2023 revenue. CharityIndex grades it F.
5312 New Utrecht Ave, Brooklyn, NY, 11219 EIN 02-6142564 Since 2002
Revenue (FY2023)
$109
▲ 173.2% vs prior year
Youth median: $163K
Expenses (FY2023)
$18K
Net assets
$317K
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 L&f Schwartz Foundation Tr— 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 rating216 mo reserves · -16047% 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 L&f Schwartz Foundation Tr: 216 mo reserves · -16047% 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 L&f Schwartz Foundation Tr— 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 L&f Schwartz Foundation Tr: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 5312 New Utrecht Ave, Brooklyn, NY, 11219
- City
- Brooklyn
- State
- New York
- Category
- Youth Development
- Subcategory
- Youth Development Programs
Financial trends
Revenue declined from $110 (FY2013) to $109 (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $317K
Operating margin
-16046.8%
Spent more than it raised in the latest fiscal year.
Total assets
$317K
Total liabilities
$0
Net assets
$317K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $109▲173% | $17,600▲2.3% | $316,748▼5.2% | $316,748▼5.2% | 990PF |
| 2022 | -$149▼226% | $17,200▼54.5% | $334,239▼4.9% | $334,239▼4.9% | 990PF |
| 2021 | $118▲151% | $37,820▲118% | $351,588▼9.7% | $351,588▼9.7% | 990PF |
| 2020 | -$233▼162% | $17,337▲148% | $389,290▼4.3% | $389,290▼4.3% | 990PF |
| 2019 | $377▼98.8% | $7,000▼46.6% | $406,882▼1.6% | $406,882▼1.6% | 990PF |
| 2018 | $31,940▲6982% | $13,100▼61.9% | $413,505▲4.8% | $413,505▲4.8% | 990PF |
| 2017 | $451▼99.1% | $34,400▼64.2% | $394,701▼8.0% | $394,701▼8.0% | 990PF |
| 2016 | $51,808▼82.7% | $96,100▲906% | $429,185▼9.4% | $429,185▼9.4% | 990PF |
| 2015 | $300,315▲1878% | $9,550▲19000% | $473,477▲159% | $473,477▲159% | 990PF |
| 2014 | $15,183▲13703% | $50▼99.9% | $183,022▲9.0% | $183,022▲9.0% | 990PF |
| 2013 | $110 | $46,800▲52.7% | $167,889▼21.8% | $167,889▼21.8% | 990PF |
| 2012 | — | $30,650▲8.1% | $214,579▲26.0% | $214,579▲26.0% | 990PF |
| 2011 | — | $28,357▲13.9% | $170,282▲9.3% | $170,282▲9.3% | 990PF |
| 2010 | — | $24,900 | $155,759 | $155,759 | 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 L&f Schwartz Foundation Tr a legitimate nonprofit?
- Yes. L&f Schwartz Foundation Tr is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 02-6142564, based in Brooklyn, New York. Donations are tax-deductible.
- What is L&f Schwartz Foundation Tr's EIN?
- L&f Schwartz Foundation Tr's Employer Identification Number (EIN) is 02-6142564.
- How much revenue does L&f Schwartz Foundation Tr report?
- L&f Schwartz Foundation Tr reported $109 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does L&f Schwartz Foundation Tr have?
- CharityIndex grades L&f Schwartz Foundation Tr F, based on financial health (reserves and operating margin).
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Data for L&f Schwartz Foundation Tr (EIN 02-6142564) 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.