Lucy and Isadore B Adelman Foundation
Only null% goes to programs Strong reserves Growing revenue
Lucy and Isadore B Adelman Foundation is a 501(c)(3) organization based in Santa Monica, California, registered in 2024, with $685,778 in FY2024 revenue. CharityIndex grades it C+.
329 23rd St, Santa Monica, CA, 90402 EIN 75-1806018 Since 2024
Revenue (FY2024)
$686K
▲ 108.1% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$602K
Net assets
$522K
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 Lucy and Isadore B Adelman Foundation— 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 rating10 mo reserves · +12% 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 Lucy and Isadore B Adelman Foundation: 10 mo reserves · +12% 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 Lucy and Isadore B Adelman Foundation— 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 Lucy and Isadore B Adelman Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 329 23rd St, Santa Monica, CA, 90402
- City
- Santa Monica
- State
- California
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $98K (FY2014) to $686K (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $522K
Operating margin
12.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$522K
Total liabilities
$0
Net assets
$522K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $685,778▲108% | $602,096▼3.8% | $522,183▲19.1% | $522,183▲19.1% | 990PF |
| 2023 | $329,610▼58.1% | $625,860▲106% | $438,501▼39.4% | $438,501▼39.5% | 990PF |
| 2022 | $786,232▲409% | $304,019▲28.2% | $723,815▲200% | $724,639▲199% | 990PF |
| 2021 | $154,518▲141% | $237,159▲53.4% | $241,602▼32.8% | $242,426▼32.7% | 990PF |
| 2017 | $64,154▼36.8% | $154,608▲42.6% | $359,380▼20.1% | $360,204▼20.1% | 990PF |
| 2016 | $101,580▼15.2% | $108,456▼52.1% | $449,834▼1.5% | $450,658▼1.5% | 990PF |
| 2015 | $119,858▲22.0% | $226,396▲10.8% | $456,710▼18.9% | $457,534▼18.9% | 990PF |
| 2014 | $98,209 | $204,325 | $563,248 | $564,072 | 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 Lucy and Isadore B Adelman Foundation a legitimate nonprofit?
- Yes. Lucy and Isadore B Adelman Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 75-1806018, based in Santa Monica, California. Donations are tax-deductible.
- What is Lucy and Isadore B Adelman Foundation's EIN?
- Lucy and Isadore B Adelman Foundation's Employer Identification Number (EIN) is 75-1806018.
- How much revenue does Lucy and Isadore B Adelman Foundation report?
- Lucy and Isadore B Adelman Foundation reported $685,778 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Lucy and Isadore B Adelman Foundation have?
- CharityIndex grades Lucy and Isadore B Adelman Foundation C+, based on financial health (reserves and operating margin).
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Data for Lucy and Isadore B Adelman Foundation (EIN 75-1806018) 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.