Precede Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Growing revenue
Precede Foundation Inc is a 501(c)(3) organization based in Red Hook, New York, registered in 2020, with $1,245,897 in FY2024 revenue. CharityIndex grades it D.
58 Deer Run Rd, Red Hook, NY, 12571 EIN 85-1199264 Since 2020
Revenue (FY2024)
$1.2M
▼ 10.3% vs prior year
Expenses (FY2024)
$1.6M
Net assets
$559K
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 Precede 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 →
DFinancial health25% of the rating4 mo reserves · -26% 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 Precede Foundation Inc: 4 mo reserves · -26% 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 Precede 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 →
CTransparency10% of the rating2 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 Precede Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $42K (FY2020) to $1.2M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $48KNet assets $559K
Operating margin
-26.1%
Spent more than it raised in the latest fiscal year.
Total assets
$607K
Total liabilities
$48K
Net assets
$559K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,245,897▼10.3% | $1,571,647▲203% | $559,134▼46.6% | $606,955▼42.0% | 990 |
| 2023 | $1,388,468▲869% | $519,137▲224% | $1,046,598▲490% | $1,047,247▲491% | 990 |
| 2022 | $143,231▼40.6% | $160,173▲93.7% | $177,267▼8.7% | $177,267▼8.7% | 990 |
| 2021 | $241,163▲474% | $82,708▲1218% | $194,209▲443% | $194,209▲443% | 990 |
| 2020 | $42,028 | $6,274 | $35,754 | $35,754 | 990EZ |
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.
Grants received · $509K total
17 grants to Precede Foundation Inc totaling $509K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Endowment Foundation | Health, general | 2024 | $80,000 |
| The Dallas Foundation | General support | 2024 | $60,000 |
| Greater Horizons | Health, medicine & science | 2024 | $25,000 |
| American Endowment Foundation | Health, general | 2023 | $75,000 |
| The Dallas Foundation | General support | 2023 | $50,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $26,100 |
| Donor Advised Charitable Giving | Public, societal benefit | 2023 | $5,500 |
| American Endowment Foundation | Health, general | 2022 | $50,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $25,000 |
| Donor Advised Charitable Giving | Public, societal benefit | 2022 | $8,500 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2022 | $7,000 |
| The Chicago Community Trust | To support the research needs of the precede consortium, including the coordinating site at new yorku langone - at the discretion of dr. simeon to direct and supervise, general operating support of the precede consortium. to support the education needs of the new yorku pancreatic cancer center and early detection and prevention center staff | 2021 | $30,000 |
| The Chicago Community Trust | To support the research needs of the precede consortium, including the coordinating site at new yorku langone - at the discretion of dr. simeon to direct and supervise, general operating support of the precede consortium. to support the education needs of the new yorku pancreatic cancer center and early detection and prevention center staff | 2021 | $30,000 |
| Donor Advised Charitable Giving | Public, societal benefit | 2021 | $14,000 |
| United Jewish Foundation | To support cancer research | 2021 | $7,500 |
Frequently asked questions
- Is Precede Foundation Inc a legitimate nonprofit?
- Yes. Precede Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 85-1199264, based in Red Hook, New York. Donations are tax-deductible.
- What is Precede Foundation Inc's EIN?
- Precede Foundation Inc's Employer Identification Number (EIN) is 85-1199264.
- How much revenue does Precede Foundation Inc report?
- Precede Foundation Inc reported $1,245,897 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Precede Foundation Inc have?
- CharityIndex grades Precede Foundation Inc D, based on financial health (reserves and operating margin).
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Data for Precede Foundation Inc (EIN 85-1199264) 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.