M K Reichert Sternlicht Foundation
Only null% goes to programs Strong reserves Growing revenue
M K Reichert Sternlicht Foundation is a 501(c)(3) organization based in Wilmington, Delaware, registered in 2016, with $26,529,152 in FY2024 revenue. CharityIndex grades it C+.
Foundation Source 501 Silverside Rd, Wilmington, DE, 19809 EIN 81-0807556 Since 2016
Revenue (FY2024)
$26.5M
▲ 469.1% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$4.4M
Net assets
$100.0M
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 K Reichert Sternlicht Foundation— 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 rating274 mo reserves · +83% 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 K Reichert Sternlicht Foundation: 274 mo reserves · +83% 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 K Reichert Sternlicht 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 M K Reichert Sternlicht Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Foundation Source 501 Silverside Rd, Wilmington, DE, 19809
- City
- Wilmington
- State
- Delaware
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $10.6M (FY2017) to $26.5M (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $100.0M
Operating margin
83.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$100.0M
Total liabilities
$0
Net assets
$100.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $26,529,152▲469% | $4,381,736▼0.9% | $99,972,191▲28.5% | $99,972,191▲28.5% | 990PF |
| 2023 | $4,661,711▲14.2% | $4,420,503▼4.1% | $77,824,775▲0.3% | $77,824,775▲0.3% | 990PF |
| 2022 | $4,080,450▼74.7% | $4,610,425▲35.9% | $77,583,567▼0.7% | $77,583,567▼0.7% | 990PF |
| 2021 | $16,131,747▲178% | $3,393,683▼3.9% | $78,113,542▲19.5% | $78,113,542▲19.5% | 990PF |
| 2020 | $5,804,976▼45.1% | $3,531,854▲90.8% | $65,375,478▲29.6% | $65,375,478▲29.6% | 990PF |
| 2017 | $10,565,129 | $1,851,148 | $50,444,611 | $50,444,611 | 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 M K Reichert Sternlicht Foundation a legitimate nonprofit?
- Yes. M K Reichert Sternlicht Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 81-0807556, based in Wilmington, Delaware. Donations are tax-deductible.
- What is M K Reichert Sternlicht Foundation's EIN?
- M K Reichert Sternlicht Foundation's Employer Identification Number (EIN) is 81-0807556.
- How much revenue does M K Reichert Sternlicht Foundation report?
- M K Reichert Sternlicht Foundation reported $26,529,152 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does M K Reichert Sternlicht Foundation have?
- CharityIndex grades M K Reichert Sternlicht Foundation C+, based on financial health (reserves and operating margin).
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Data for M K Reichert Sternlicht Foundation (EIN 81-0807556) 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.