Nathan & Fannye Shafran Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Nathan & Fannye Shafran Foundation is a 501(c)(3) organization based in Cleveland, Ohio, registered in 1985, with $167,210 in FY2023 revenue. CharityIndex grades it D.
25701 Science Park Dr, Cleveland, OH, 44122 EIN 34-1458950 Since 1985
Revenue (FY2023)
$167K
▲ 33.0% vs prior year
Expenses (FY2023)
$249K
Net assets
$3.7M
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 Nathan & Fannye Shafran Foundation— 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 rating180 mo reserves · -49% 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 Nathan & Fannye Shafran Foundation: 180 mo reserves · -49% 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 Nathan & Fannye Shafran 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 Nathan & Fannye Shafran Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
Financial trends
Revenue grew from $134K (FY2017) to $167K (FY2023) across 7 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $84KNet assets $3.7M
Operating margin
-49.0%
Spent more than it raised in the latest fiscal year.
Total assets
$3.8M
Total liabilities
$84K
Net assets
$3.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $167,210▲33.0% | $249,220▲2129% | $3,741,477▲6.8% | $3,825,177▲5.8% | 990 |
| 2022 | $125,761▼11.6% | $11,182▼94.3% | $3,501,883▲10.5% | $3,615,983▲4.7% | 990 |
| 2021 | $142,253▼29.1% | $196,883▼13.0% | $3,167,898▼19.9% | $3,452,398▼19.0% | 990 |
| 2020 | $200,561▲54.9% | $226,326▲13.0% | $3,956,002▲26.4% | $4,260,902▲23.1% | 990 |
| 2019 | $129,446▼22.1% | $200,259▼30.1% | $3,130,380▼6.6% | $3,461,180▼7.5% | 990 |
| 2018 | $166,067▲23.6% | $286,372▲14.3% | $3,353,003▼5.1% | $3,740,703▼3.4% | 990 |
| 2017 | $134,342 | $250,532 | $3,532,984 | $3,873,084 | 990 |
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 Nathan & Fannye Shafran Foundation a legitimate nonprofit?
- Yes. Nathan & Fannye Shafran Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 34-1458950, based in Cleveland, Ohio. Donations are tax-deductible.
- What is Nathan & Fannye Shafran Foundation's EIN?
- Nathan & Fannye Shafran Foundation's Employer Identification Number (EIN) is 34-1458950.
- How much revenue does Nathan & Fannye Shafran Foundation report?
- Nathan & Fannye Shafran Foundation reported $167,210 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Nathan & Fannye Shafran Foundation have?
- CharityIndex grades Nathan & Fannye Shafran Foundation D, based on financial health (reserves and operating margin).
More nonprofits in Cleveland
Explore more
Data for Nathan & Fannye Shafran Foundation (EIN 34-1458950) 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.