Mike & Sofia Segal Foundation
Only null% goes to programs Strong reserves Declining revenue
Mike & Sofia Segal Foundation is a 501(c)(3) organization based in New York, New York, registered in 2009, with $13,023,090 in FY2024 revenue. CharityIndex grades it C+.
1700 Broadway Fl 38, New York, NY, 10019 EIN 20-7395108 Since 2009
Revenue (FY2024)
$13.0M
▲ 233.8% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$12.9M
Net assets
$9.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—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 Mike & Sofia Segal Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating9 mo reserves · +1% 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 Mike & Sofia Segal Foundation: 9 mo reserves · +1% margin earns a A 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 Mike & Sofia Segal Foundation— 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 Mike & Sofia Segal Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1700 Broadway Fl 38, New York, NY, 10019
- City
- New York
- State
- New York
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $2.4M (FY2018) to $13.0M (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $9.3M
Operating margin
1.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$9.3M
Total liabilities
$0
Net assets
$9.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $13,023,090▲234% | $12,856,795▲44.9% | $9,339,780▼3.2% | $9,339,780▼3.2% | 990PF |
| 2023 | $3,901,359▲135% | $8,874,145▲356% | $9,652,375▼54.9% | $9,652,375▼54.9% | 990PF |
| 2022 | $1,661,874▼91.2% | $1,945,352▼2.2% | $21,392,760▼2.5% | $21,392,760▼2.5% | 990PF |
| 2021 | $18,873,268▲1011% | $1,989,194▼15.5% | $21,935,046▲334% | $21,935,046▲334% | 990PF |
| 2020 | $1,698,238▼75.5% | $2,355,375▲6.3% | $5,054,532▼11.5% | $5,054,532▼11.5% | 990PF |
| 2019 | $6,918,466▲191% | $2,216,277▼8.3% | $5,711,669▲466% | $5,711,669▲466% | 990PF |
| 2018 | $2,374,729 | $2,417,971 | $1,009,480 | $1,009,480 | 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 Mike & Sofia Segal Foundation a legitimate nonprofit?
- Yes. Mike & Sofia Segal Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 20-7395108, based in New York, New York. Donations are tax-deductible.
- What is Mike & Sofia Segal Foundation's EIN?
- Mike & Sofia Segal Foundation's Employer Identification Number (EIN) is 20-7395108.
- How much revenue does Mike & Sofia Segal Foundation report?
- Mike & Sofia Segal Foundation reported $13,023,090 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Mike & Sofia Segal Foundation have?
- CharityIndex grades Mike & Sofia Segal Foundation C+, based on financial health (reserves and operating margin).
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Data for Mike & Sofia Segal Foundation (EIN 20-7395108) 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.