Max & Morton M Rosenfeld Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Max & Morton M Rosenfeld Foundation Inc is a 501(c)(3) organization based in Narragansett, Rhode Island, registered in 1949, with $122,471 in FY2024 revenue. CharityIndex grades it D.
Co R Shults 27 Highland Avenue, Narragansett, RI, 02882 EIN 13-6137869 Since 1949
Revenue (FY2024)
$122K
▲ 34.1% vs prior year
Expenses (FY2024)
$155K
Net assets
$722K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 Max & Morton M Rosenfeld 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 →
DFinancial health25% of the rating56 mo reserves · -26% 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 Max & Morton M Rosenfeld Foundation Inc: 56 mo reserves · -26% margin earns a D 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 Max & Morton M Rosenfeld 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 Max & Morton M Rosenfeld Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Co R Shults 27 Highland Avenue, Narragansett, RI, 02882
- City
- Narragansett
- State
- Rhode Island
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $354K (FY2014) to $122K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $722K
Operating margin
-26.4%
Spent more than it raised in the latest fiscal year.
Total assets
$722K
Total liabilities
$0
Net assets
$722K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $122,471▲34.1% | $154,769▲7.9% | $721,879▼4.3% | $721,879▼4.3% | 990PF |
| 2023 | $91,359▲17.2% | $143,470▲65.6% | $754,177▼6.5% | $754,177▼6.5% | 990PF |
| 2022 | $77,939▼15.8% | $86,629▼1.4% | $806,288▼1.1% | $806,288▼1.1% | 990PF |
| 2021 | $92,542▼19.1% | $87,898▼6.6% | $814,978▲0.6% | $814,978▲0.6% | 990PF |
| 2020 | $114,388▲12.8% | $94,127▲5.4% | $810,334▲2.6% | $810,334▲2.6% | 990PF |
| 2019 | $101,382▼4.5% | $89,286▲14.8% | $790,073▲1.6% | $790,073▲1.6% | 990PF |
| 2018 | $106,162▲5.1% | $77,806▼2.9% | $777,977▲3.8% | $777,977▲3.8% | 990PF |
| 2017 | $100,979▲34.4% | $80,169▲56.8% | $749,621▲2.9% | $749,622▲2.9% | 990PF |
| 2016 | $75,132▲30.2% | $51,130▼3.6% | $728,811▲3.4% | $728,811▲3.4% | 990PF |
| 2015 | $57,695▼83.7% | $53,039▲104% | $704,809▲0.7% | $704,809▲0.7% | 990PF |
| 2014 | $353,884 | $26,046 | $700,153 | $700,153 | 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 Max & Morton M Rosenfeld Foundation Inc a legitimate nonprofit?
- Yes. Max & Morton M Rosenfeld Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-6137869, based in Narragansett, Rhode Island. Donations are tax-deductible.
- What is Max & Morton M Rosenfeld Foundation Inc's EIN?
- Max & Morton M Rosenfeld Foundation Inc's Employer Identification Number (EIN) is 13-6137869.
- How much revenue does Max & Morton M Rosenfeld Foundation Inc report?
- Max & Morton M Rosenfeld Foundation Inc reported $122,471 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Max & Morton M Rosenfeld Foundation Inc have?
- CharityIndex grades Max & Morton M Rosenfeld Foundation Inc D, based on financial health (reserves and operating margin).
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Data for Max & Morton M Rosenfeld Foundation Inc (EIN 13-6137869) 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.