Lapidus-corenblum Foundation Inc
Only null% goes to programs Strong reserves Growing revenue
Lapidus-corenblum Foundation Inc is a 501(c)(3) organization based in Pikesville, Maryland, registered in 1998, with $114,994 in FY2024 revenue. CharityIndex grades it C+.
6 Reservoir Cir Ste 103, Pikesville, MD, 21208 EIN 52-2039834 Since 1998
Revenue (FY2024)
$115K
▲ 199.2% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$96K
Net assets
$1.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Lapidus-corenblum 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 →
B+Financial health25% of the rating161 mo reserves · +16% 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 Lapidus-corenblum Foundation Inc: 161 mo reserves · +16% margin earns a B+ 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 Lapidus-corenblum 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 Lapidus-corenblum Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 6 Reservoir Cir Ste 103, Pikesville, MD, 21208
- City
- Pikesville
- State
- Maryland
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $32K (FY2020) to $115K (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.3M
Operating margin
16.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.3M
Total liabilities
$0
Net assets
$1.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $114,994▲199% | $96,186▲22.5% | $1,292,408▲1.5% | $1,292,408▲1.5% | 990PF |
| 2023 | -$115,879▼172% | $78,517▼2.6% | $1,273,600▼13.2% | $1,273,600▼13.2% | 990PF |
| 2022 | $160,025▲99.8% | $80,584▼10.3% | $1,467,996▲5.7% | $1,467,996▼13.9% | 990PF |
| 2021 | $80,094▲149% | $89,855▲62.5% | $1,388,555▼0.7% | $1,704,598▲21.9% | 990PF |
| 2020 | $32,217 | $55,283 | $1,398,316 | $1,398,316 | 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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Compare Lapidus-corenblum Foundation Inc
Frequently asked questions
- Is Lapidus-corenblum Foundation Inc a legitimate nonprofit?
- Yes. Lapidus-corenblum Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 52-2039834, based in Pikesville, Maryland. Donations are tax-deductible.
- What is Lapidus-corenblum Foundation Inc's EIN?
- Lapidus-corenblum Foundation Inc's Employer Identification Number (EIN) is 52-2039834.
- How much revenue does Lapidus-corenblum Foundation Inc report?
- Lapidus-corenblum Foundation Inc reported $114,994 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Lapidus-corenblum Foundation Inc have?
- CharityIndex grades Lapidus-corenblum Foundation Inc C+, based on financial health (reserves and operating margin).
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Data for Lapidus-corenblum Foundation Inc (EIN 52-2039834) 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.