Philip M Waterman Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Philip M Waterman Foundation Inc is a 501(c)(3) organization based in New York, New York, registered in 1954, with $18,764 in FY2023 revenue. CharityIndex grades it F.
1100 Park Avenue 7b, New York, NY, 10128 EIN 13-6059475 Since 1954
Revenue (FY2023)
$19K
▼ 46.8% vs prior year
Expenses (FY2023)
$38K
Net assets
$30K
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 Philip M Waterman 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 rating10 mo reserves · -100% 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 Philip M Waterman Foundation Inc: 10 mo reserves · -100% 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 Philip M Waterman 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 Philip M Waterman 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 declined from $42K (FY2013) to $19K (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $30K
Operating margin
-100.2%
Spent more than it raised in the latest fiscal year.
Total assets
$30K
Total liabilities
$0
Net assets
$30K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $18,764▼46.8% | $37,567▲6.1% | $30,019▼38.5% | $30,019▼38.5% | 990PF |
| 2022 | $35,299▲491% | $35,422▲347% | $48,821▼0.3% | $48,821▼0.3% | 990PF |
| 2021 | $5,971▼84.7% | $7,921▼83.6% | $48,944▼3.8% | $48,944▼3.8% | 990PF |
| 2020 | $39,090▲972% | $48,316▲13.3% | $50,894▼15.3% | $50,894▼15.3% | 990PF |
| 2019 | -$4,484▼145% | $42,650▲733% | $60,120▼43.9% | $60,120▼43.9% | 990PF |
| 2018 | $9,891▲32.9% | $5,117▼33.8% | $107,254▲4.7% | $107,254▲4.7% | 990PF |
| 2017 | $7,443▼16.9% | $7,730▲13.6% | $102,480▼0.3% | $102,480▼0.3% | 990PF |
| 2016 | $8,960▲33.8% | $6,802▼56.6% | $102,767▲2.1% | $102,767▲2.1% | 990PF |
| 2015 | $6,696▼95.5% | $15,665▼79.7% | $100,608▼8.2% | $100,608▼8.2% | 990PF |
| 2014 | $148,209▲256% | $77,086▲693% | $109,577▲185% | $109,577▲185% | 990PF |
| 2013 | $41,654 | $9,725▲21.5% | $38,454▲489% | $38,454▲489% | 990PF |
| 2012 | — | $8,007▲2.9% | $6,525▼7.6% | $6,525▼7.6% | 990PF |
| 2011 | — | $7,784 | $7,064 | $7,064 | 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 Philip M Waterman Foundation Inc a legitimate nonprofit?
- Yes. Philip M Waterman Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-6059475, based in New York, New York. Donations are tax-deductible.
- What is Philip M Waterman Foundation Inc's EIN?
- Philip M Waterman Foundation Inc's Employer Identification Number (EIN) is 13-6059475.
- How much revenue does Philip M Waterman Foundation Inc report?
- Philip M Waterman Foundation Inc reported $18,764 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Philip M Waterman Foundation Inc have?
- CharityIndex grades Philip M Waterman Foundation Inc F, based on financial health (reserves and operating margin).
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Data for Philip M Waterman Foundation Inc (EIN 13-6059475) 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.