Nate S and Ruth B Shapero Fdn is a 501(c)(3) organization based in Northville, Michigan, registered in 1951, with $3,225 in FY2023 revenue. CharityIndex grades it F.
Revenue (FY2023)
$3,225
▲ 1121.6% vs prior year
Expenses (FY2023)
$24K
Net assets
$475K
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 Nate S and Ruth B Shapero Fdn— 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 Nate S and Ruth B Shapero Fdn: 238 mo reserves · -644% margin earns a F 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 Nate S and Ruth B Shapero Fdn— 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 Nate S and Ruth B Shapero Fdn: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $90K (FY2017) to $3,225 (FY2023) across 7 reported years.
Financial snapshot
Operating margin
-644.2%
Spent more than it raised in the latest fiscal year.
Total assets
$475K
Total liabilities
$0
Net assets
$475K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $3,225▲1122% | $24,001▲17.3% | $475,206▼3.6% | $475,206▼3.7% | 990PF |
| 2022 | $264▼99.6% | $20,465▼29.1% | $493,030▼2.3% | $493,220▼2.2% | 990PF |
| 2021 | $67,959▲55.9% | $28,862▲49.4% | $504,539▲8.4% | $504,539▲8.4% | 990PF |
| 2020 | $43,588▲15.6% | $19,313▼25.1% | $465,442▲5.5% | $465,442▲5.4% | 990PF |
| 2019 | $37,697▲48.7% | $25,785▲43.0% | $441,167▲2.8% | $441,803▲2.9% | 990PF |
| 2018 | $25,355▼72.0% | $18,033▼29.7% | $429,255▲5.1% | $429,255▲5.1% | 990PF |
| 2017 | $90,406 | $25,642 | $408,515 | $408,515 | 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 Nate S and Ruth B Shapero Fdn (EIN 38-6041567) 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.