M Y B Foundation Tr
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
M Y B Foundation Tr is a 501(c)(3) organization based in Brooklyn, New York, registered in 1996, with $277,330 in FY2024 revenue. CharityIndex grades it C.
1327h 46th St, Brooklyn, NY, 11219 EIN 11-6472759 Since 1996
Revenue (FY2024)
$277K
▼ 5.7% vs prior year
Expenses (FY2024)
$322K
Net assets
$15.8M
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 Y B Foundation Tr— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating589 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 M Y B Foundation Tr: 589 mo reserves · -16% margin earns a C+ 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 Y B Foundation Tr— 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 Y B Foundation Tr: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
Financial trends
Revenue declined from $300K (FY2013) to $277K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $15.8M
Operating margin
-16.1%
Spent more than it raised in the latest fiscal year.
Total assets
$15.8M
Total liabilities
$0
Net assets
$15.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $277,330▼5.7% | $322,060▲10.3% | $15,798,419▼0.3% | $15,798,419▼0.3% | 990PF |
| 2023 | $294,065▼87.0% | $291,886▲7.6% | $15,843,149 | $15,843,149 | 990PF |
| 2022 | $2,266,180▼42.5% | $271,203▼16.0% | $15,840,970▲14.4% | $15,840,970▲14.4% | 990PF |
| 2021 | $3,943,860▼62.4% | $323,020▲7.3% | $13,845,993▲35.4% | $13,845,993▲35.4% | 990PF |
| 2020 | $10,500,000▲3400% | $301,050▼3.4% | $10,225,153▲38923% | $10,225,153▲38923% | 990PF |
| 2019 | $300,000 | $311,760▲0.2% | $26,203▼31.0% | $26,203▼31.0% | 990PF |
| 2018 | $300,000 | $311,281▲8.0% | $37,963▼22.9% | $37,963▼22.9% | 990PF |
| 2017 | $300,000 | $288,311▼1.8% | $49,244▲31.1% | $49,244▲31.1% | 990PF |
| 2016 | $300,000▲50.0% | $293,600▲8.7% | $37,555▲20.5% | $37,555▲20.5% | 990PF |
| 2015 | $200,000▼33.3% | $270,078▼7.7% | $31,155▼69.2% | $31,155▼69.2% | 990PF |
| 2014 | $300,000 | $292,518▲15.5% | $101,233▲8.0% | $101,233▲8.0% | 990PF |
| 2013 | $300,000 | $253,249▼18.4% | $93,751▲64.8% | $93,751▲64.8% | 990PF |
| 2012 | — | $310,291▲7.3% | $56,900▼15.3% | $56,900▼15.3% | 990PF |
| 2011 | — | $289,117 | $67,191 | $67,191 | 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 Y B Foundation Tr a legitimate nonprofit?
- Yes. M Y B Foundation Tr is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 11-6472759, based in Brooklyn, New York. Donations are tax-deductible.
- What is M Y B Foundation Tr's EIN?
- M Y B Foundation Tr's Employer Identification Number (EIN) is 11-6472759.
- How much revenue does M Y B Foundation Tr report?
- M Y B Foundation Tr reported $277,330 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does M Y B Foundation Tr have?
- CharityIndex grades M Y B Foundation Tr C, based on financial health (reserves and operating margin).
More nonprofits in Brooklyn
Explore more
Data for M Y B Foundation Tr (EIN 11-6472759) 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.