Milton A Schiff Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Milton A Schiff Foundation Inc is a 501(c)(3) organization based in Brooklyn, New York, registered in 1987, with $993 in FY2024 revenue. CharityIndex grades it F.
450 Clinton St Apt 3j, Brooklyn, NY, 11231 EIN 13-3351960 Since 1987
Revenue (FY2024)
$993
▼ 89.8% vs prior year
Expenses (FY2024)
$4,910
Net assets
$24K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Milton A Schiff 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 →
FFinancial health25% of the rating58 mo reserves · -394% 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 Milton A Schiff Foundation Inc: 58 mo reserves · -394% margin earns a F 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 Milton A Schiff 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 Milton A Schiff Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $710 (FY2014) to $993 (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $24K
Operating margin
-394.5%
Spent more than it raised in the latest fiscal year.
Total assets
$24K
Total liabilities
$0
Net assets
$24K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $993▼89.8% | $4,910▼59.2% | $23,798▼14.1% | $23,798▼14.1% | 990PF |
| 2023 | $9,714▼62.0% | $12,025▲39.5% | $27,715▼7.7% | $27,715▼7.7% | 990PF |
| 2022 | $25,533▲615% | $8,620▲127% | $30,026▲129% | $30,026▲129% | 990PF |
| 2021 | $3,570▲19.6% | $3,801▼43.4% | $13,113▼1.7% | $13,113▼1.7% | 990PF |
| 2020 | $2,984▲253% | $6,712▲739% | $13,344▼21.8% | $13,344▼21.8% | 990PF |
| 2019 | $845▲2.7% | $800▼13.2% | $17,072▲0.3% | $17,072▲0.3% | 990PF |
| 2018 | $823▼86.5% | $922▼86.3% | $17,027▼0.6% | $17,027▼0.6% | 990PF |
| 2017 | $6,115▲536% | $6,749▲7.6% | $17,126▼3.6% | $17,126▼3.6% | 990PF |
| 2016 | $962▲37.0% | $6,273▲30.9% | $17,760▼23.0% | $17,760▼23.0% | 990PF |
| 2015 | $702▼1.1% | $4,791▼5.4% | $23,071▼15.1% | $23,071▼15.1% | 990PF |
| 2014 | $710 | $5,067▲87.3% | $27,160▼25.9% | $27,160▼25.9% | 990PF |
| 2012 | — | $2,705▲4.6% | $36,676▼5.2% | $36,676▼5.2% | 990PF |
| 2011 | — | $2,587▼22.1% | $38,681▼1.7% | $38,681▼1.7% | 990PF |
| 2010 | — | $3,320▲33.6% | $39,357▲2.5% | $39,357▲2.5% | 990PF |
| 2009 | — | $2,485 | $38,389 | $38,389 | 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 Milton A Schiff Foundation Inc a legitimate nonprofit?
- Yes. Milton A Schiff Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-3351960, based in Brooklyn, New York. Donations are tax-deductible.
- What is Milton A Schiff Foundation Inc's EIN?
- Milton A Schiff Foundation Inc's Employer Identification Number (EIN) is 13-3351960.
- How much revenue does Milton A Schiff Foundation Inc report?
- Milton A Schiff Foundation Inc reported $993 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Milton A Schiff Foundation Inc have?
- CharityIndex grades Milton A Schiff Foundation Inc F, based on financial health (reserves and operating margin).
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Data for Milton A Schiff Foundation Inc (EIN 13-3351960) 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.