Lucille A Herold Trust is a 501(c)(3) organization based in New York, New York, registered in 1976, with $84,699 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$85K
▼ 69.7% vs prior year
Expenses (FY2024)
$148K
Net assets
$1.2M
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 Lucille A Herold Trust— 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 Lucille A Herold Trust: 100 mo reserves · -74% margin earns a F 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 Lucille A Herold Trust— 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 Lucille A Herold Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $132K (FY2019) to $85K (FY2024) across 6 reported years.
Financial snapshot
Operating margin
-74.3%
Spent more than it raised in the latest fiscal year.
Total assets
$1.2M
Total liabilities
$0
Net assets
$1.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $84,699▼69.7% | $147,655▲2.2% | $1,227,170▼4.4% | $1,227,170▼4.4% | 990PF |
| 2023 | $279,411▲267% | $144,429▼14.1% | $1,283,873▲11.7% | $1,283,873▲11.7% | 990PF |
| 2022 | $76,107▼30.8% | $168,120▲19.4% | $1,149,389▼7.4% | $1,149,389▼7.4% | 990PF |
| 2021 | $110,036▼27.8% | $140,769▲279% | $1,241,093▼2.4% | $1,241,093▼2.4% | 990PF |
| 2020 | $152,378▲15.6% | $37,104▼84.3% | $1,271,829▲8.1% | $1,271,829▲8.1% | 990PF |
| 2019 | $131,855 | $236,736 | $1,177,002 | $1,177,002 | 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 Lucille A Herold Trust (EIN 14-6100040) 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.