Max and Gertrude Newman-charles and Phyllis Newman Foundation is a 501(c)(3) organization based in Scottsdale, Arizona, registered in 1997, with $82,231 in FY2023 revenue. CharityIndex grades it F.
Revenue (FY2023)
$82K
▲ 37.0% vs prior year
Religion median: $139K
Expenses (FY2023)
$176K
Net assets
$2.4M
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 Max and Gertrude Newman-charles and Phyllis Newman Foundation— 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 Max and Gertrude Newman-charles and Phyllis Newman Foundation: 167 mo reserves · -114% 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 Max and Gertrude Newman-charles and Phyllis Newman Foundation— 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 Max and Gertrude Newman-charles and Phyllis Newman Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $285K (FY2013) to $82K (FY2023) across 11 reported years.
Financial snapshot
Operating margin
-114.3%
Spent more than it raised in the latest fiscal year.
Total assets
$2.9M
Total liabilities
$438K
Net assets
$2.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $82,231▲37.0% | $176,188▲16.2% | $2,445,762▼32.7% | $2,883,762▼29.2% | 990PF |
| 2022 | $60,030▼78.9% | $151,565▲30.0% | $3,633,738▲247% | $4,071,738▲163% | 990PF |
| 2021 | $284,348▲143% | $116,560▼2.2% | $1,047,209▼69.6% | $1,547,564▼61.2% | 990PF |
| 2020 | $116,807▲14.8% | $119,201▼6.4% | $3,439,866▼0.3% | $3,990,221▼1.8% | 990PF |
| 2019 | $101,726▲42.5% | $127,415▼15.6% | $3,449,209▼3.4% | $4,061,743▼8.1% | 990PF |
| 2018 | $71,372▼65.6% | $150,984▼73.9% | $3,571,189▼1.0% | $4,419,206▼2.2% | 990PF |
| 2017 | $207,399▼5.8% | $578,969▲127% | $3,607,202▼9.3% | $4,520,782▼9.0% | 990PF |
| 2016 | $220,233▼12.3% | $255,022▼56.5% | $3,977,411▼0.5% | $4,966,120▼6.0% | 990PF |
| 2015 | $251,088▲5.9% | $586,093▲114% | $3,999,319▼10.3% | $5,281,228▲11.2% | 990PF |
| 2014 | $237,182▼16.8% | $274,361▼62.9% | $4,459,636▼0.8% | $4,749,324▲1.9% | 990PF |
| 2013 | $285,206 | $739,271▲53.9% | $4,496,815▼9.2% | $4,661,815▼10.4% | 990PF |
| 2012 | — | $480,277▲13.1% | $4,950,880▼5.0% | $5,203,880▼6.4% | 990PF |
| 2011 | — | $424,778 | $5,209,515 | $5,562,515 | 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 Max and Gertrude Newman-charles and Phyllis Newman Foundation (EIN 41-1857341) 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.