Melvin & Sandra Schifter Foundation Inc is a 501(c)(3) organization based in Naples, Florida, registered in 1998, with $42,005 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$42K
▲ 40.9% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$59K
Net assets
$641K
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 Melvin & Sandra Schifter 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 →
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 Melvin & Sandra Schifter Foundation Inc: 129 mo reserves · -42% margin earns a D 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 Melvin & Sandra Schifter 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 →
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 Melvin & Sandra Schifter Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $15K (FY2013) to $42K (FY2024) across 10 reported years.
Financial snapshot
Operating margin
-41.6%
Spent more than it raised in the latest fiscal year.
Total assets
$641K
Total liabilities
$0
Net assets
$641K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $42,005▲40.9% | $59,489▲24.1% | $641,069▼3.4% | $641,069▼3.4% | 990PF |
| 2023 | $29,809▼33.0% | $47,949▼1.2% | $663,778▲2.7% | $663,778▲2.7% | 990PF |
| 2022 | $44,519▲26.7% | $48,528▲153% | $646,633▼1.8% | $646,633▼1.8% | 990PF |
| 2021 | $35,142▲48.3% | $19,155▼58.9% | $658,290▼1.9% | $658,290▼1.9% | 990PF |
| 2020 | $23,695▼11.2% | $46,578▲3.7% | $670,745▲221% | $670,745▲221% | 990PF |
| 2017 | $26,682▲1.8% | $44,911▲10.7% | $208,952▼6.4% | $208,952▼6.4% | 990PF |
| 2016 | $26,203▲7.3% | $40,576▼14.1% | $223,324▼8.8% | $223,324▼8.8% | 990PF |
| 2015 | $24,411▲11.3% | $47,248▲33.9% | $244,835▼4.9% | $244,835▼4.9% | 990PF |
| 2014 | $21,938▲49.5% | $35,295▲10.1% | $257,446▼2.7% | $257,546▼2.7% | 990PF |
| 2013 | $14,675 | $32,062 | $264,603 | $264,703 | 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 Melvin & Sandra Schifter Foundation Inc (EIN 11-3380482) 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.