M B Seretean Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
M B Seretean Foundation Inc is a 501(c)(3) organization based in Los Angeles, California, registered in 1964, with $1,156,320 in FY2023 revenue. CharityIndex grades it C+.
1880 Century Park E Ste 950, Los Angeles, CA, 90067 EIN 62-0725600 Since 1964
Revenue (FY2023)
$1.2M
▲ 98.5% vs prior year
Expenses (FY2023)
$1.1M
Net assets
$6.9M
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 M B Seretean 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 rating76 mo reserves · +5% 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 M B Seretean Foundation Inc: 76 mo reserves · +5% 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 M B Seretean 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 M B Seretean Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1880 Century Park E Ste 950, Los Angeles, CA, 90067
- City
- Los Angeles
- State
- California
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $966K (FY2013) to $1.2M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $2.1MNet assets $6.9M
Operating margin
5.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$9.1M
Total liabilities
$2.1M
Net assets
$6.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,156,320▲98.5% | $1,096,121▼10.4% | $6,930,776▲0.9% | $9,055,445▼1.5% | 990PF |
| 2022 | $582,447▲13.0% | $1,223,843▲29.6% | $6,870,577▼8.5% | $9,196,896▼0.1% | 990PF |
| 2021 | $515,616▲8.7% | $944,561▲11.6% | $7,511,973▼5.4% | $9,210,240 | 990PF |
| 2020 | $474,562▼9.3% | $846,432▲8.4% | $7,940,918▼4.5% | $9,211,962▼0.1% | 990PF |
| 2019 | $523,169▲13.9% | $780,591▼1.6% | $8,312,788▼3.0% | $9,223,338▼0.5% | 990PF |
| 2018 | $459,153▲10.5% | $792,998▲8.6% | $8,570,210▼3.7% | $9,265,271▼0.1% | 990PF |
| 2017 | $415,709▲7.6% | $730,533▲7.9% | $8,904,055▼3.4% | $9,278,953▲0.7% | 990PF |
| 2016 | $386,409▼6.5% | $676,835▼2.1% | $9,218,879▼3.1% | $9,218,879▼3.1% | 990PF |
| 2015 | $413,093▼32.9% | $691,186▲7.4% | $9,509,305▼2.8% | $9,509,305▼2.8% | 990PF |
| 2014 | $616,080▼36.3% | $643,425▲13.3% | $9,787,398▼1.2% | $9,787,398▼1.2% | 990PF |
| 2013 | $966,494 | $567,800▲13.0% | $9,907,218▲4.2% | $9,907,218▲4.2% | 990PF |
| 2012 | — | $502,295▲13.8% | $9,508,524▲0.8% | $9,508,524▲0.8% | 990PF |
| 2011 | — | $441,378▲5.1% | $9,431,295▼3.2% | $9,431,295▼3.2% | 990PF |
| 2010 | — | $420,077 | $9,742,687 | $9,742,687 | 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.
Frequently asked questions
- Is M B Seretean Foundation Inc a legitimate nonprofit?
- Yes. M B Seretean Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 62-0725600, based in Los Angeles, California. Donations are tax-deductible.
- What is M B Seretean Foundation Inc's EIN?
- M B Seretean Foundation Inc's Employer Identification Number (EIN) is 62-0725600.
- How much revenue does M B Seretean Foundation Inc report?
- M B Seretean Foundation Inc reported $1,156,320 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does M B Seretean Foundation Inc have?
- CharityIndex grades M B Seretean Foundation Inc C+, based on financial health (reserves and operating margin).
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Data for M B Seretean Foundation Inc (EIN 62-0725600) 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.