Michael P Bennett Foundation Inc
Only null% goes to programs Strong reserves Growing revenue
Michael P Bennett Foundation Inc is a 501(c)(3) organization based in Brooklyn, New York, registered in 2014, with $55,829 in FY2025 revenue. CharityIndex grades it D.
325 88th St, Brooklyn, NY, 11209 EIN 46-4384236 Since 2014
Revenue (FY2025)
$56K
▲ 34.8% vs prior year
Philanthropy median: $168K
Expenses (FY2025)
$83K
Net assets
$188K
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 Michael P Bennett 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 rating27 mo reserves · -48% 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 Michael P Bennett Foundation Inc: 27 mo reserves · -48% 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 Michael P Bennett 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 Michael P Bennett Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 325 88th St, Brooklyn, NY, 11209
- City
- Brooklyn
- State
- New York
- Subcategory
- Support Foundations & Fundraising
Financial trends
Revenue declined from $175K (FY2016) to $56K (FY2025) across 10 reported years.
Financial snapshot
Financial health & position (FY2025)
Liabilities $0Net assets $188K
Operating margin
-47.9%
Spent more than it raised in the latest fiscal year.
Total assets
$50K
Total liabilities
$0
Net assets
$188K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $55,829▲34.8% | $82,582▲44.6% | $188,195▲31.3% | $50,363▼64.9% | 990PF |
| 2024 | $41,423▲17.3% | $57,105▲225% | $143,281▲25.6% | $143,281▲25.6% | 990PF |
| 2023 | $35,316▲28.6% | $17,574▼52.0% | $114,076▲40.4% | $114,076▲40.4% | 990PF |
| 2022 | $27,455▼52.0% | $36,609▼45.9% | $81,239▼5.5% | $81,239▼5.5% | 990PF |
| 2021 | $57,214▼5.1% | $67,689▲29.7% | $85,989▼10.9% | $85,988▼10.9% | 990PF |
| 2020 | $60,309▲30.6% | $52,209▲38.6% | $96,464▲9.2% | $96,464▲9.2% | 990PF |
| 2019 | $46,165▲51.7% | $37,668▼15.7% | $88,364▲10.6% | $88,364▲10.6% | 990PF |
| 2018 | $30,426▲51.3% | $44,672▲38.8% | $79,867▼17.3% | $79,867▼17.4% | 990PF |
| 2017 | $20,115▼88.5% | $32,192▼82.0% | $96,574▼9.9% | $96,649▼9.9% | 990PF |
| 2016 | $175,430 | $178,454 | $107,140 | $107,240 | 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 Michael P Bennett Foundation Inc a legitimate nonprofit?
- Yes. Michael P Bennett Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 46-4384236, based in Brooklyn, New York. Donations are tax-deductible.
- What is Michael P Bennett Foundation Inc's EIN?
- Michael P Bennett Foundation Inc's Employer Identification Number (EIN) is 46-4384236.
- How much revenue does Michael P Bennett Foundation Inc report?
- Michael P Bennett Foundation Inc reported $55,829 in total revenue on its fiscal year 2025 IRS Form 990 filing.
- What financial grade does Michael P Bennett Foundation Inc have?
- CharityIndex grades Michael P Bennett Foundation Inc D, based on financial health (reserves and operating margin).
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Data for Michael P Bennett Foundation Inc (EIN 46-4384236) 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.