Nicholas F and Eileen M Hearne Foundation is a 501(c)(3) organization based in Ft Washington, Pennsylvania, registered in 2005, with $17,114 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$17K
▲ 157.0% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$17K
Net assets
$221K
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 Nicholas F and Eileen M Hearne Foundation— 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 Nicholas F and Eileen M Hearne Foundation: 156 mo reserves · +1% margin earns a B+ 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 Nicholas F and Eileen M Hearne Foundation— 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 Nicholas F and Eileen M Hearne Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $11K (FY2020) to $17K (FY2024) across 5 reported years.
Financial snapshot
Operating margin
0.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$219K
Total liabilities
-$2,500
Net assets
$221K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $17,114▲157% | $17,009▼0.2% | $221,306 | $218,806 | 990PF |
| 2023 | $6,659▲21.0% | $17,047▲0.7% | $221,240▼6.3% | $218,740▼5.4% | 990PF |
| 2022 | $5,505▼76.1% | $16,921▲0.8% | $236,227▼1.7% | $231,227▼3.7% | 990PF |
| 2021 | $23,039▲112% | $16,783▼0.6% | $240,205▲3.9% | $240,205▲3.9% | 990PF |
| 2020 | $10,869 | $16,890 | $231,203 | $231,203 | 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 Nicholas F and Eileen M Hearne Foundation (EIN 20-0868853) 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.