Richard A Grossman Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Richard A Grossman Foundation Inc is a 501(c)(3) organization based in Tarrytown, New York, registered in 1970, with $33,234 in FY2024 revenue. CharityIndex grades it C+.
150 White Plains Road, Tarrytown, NY, 10591 EIN 23-7093493 Since 1970
Revenue (FY2024)
$33K
▲ 2240.4% vs prior year
Expenses (FY2024)
$32K
Net assets
$100K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—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 Richard A Grossman 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 →
AFinancial health25% of the rating37 mo reserves · +4% 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 Richard A Grossman Foundation Inc: 37 mo reserves · +4% margin earns a A 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 Richard A Grossman 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 Richard A Grossman 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 grew from $32K (FY2013) to $33K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $100K
Operating margin
3.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$100K
Total liabilities
$0
Net assets
$100K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $33,234▲2240% | $32,048▼64.0% | $99,742▲0.6% | $99,742▼11.0% | 990PF |
| 2023 | $1,420▲2.1% | $89,007▲496% | $99,147▼46.9% | $112,130▼40.9% | 990PF |
| 2022 | $1,391▼21.4% | $14,940▼55.5% | $186,734▼6.8% | $189,697▼9.1% | 990PF |
| 2021 | $1,769▲1.7% | $33,562▼16.7% | $200,283▼13.7% | $208,676▼12.2% | 990PF |
| 2020 | $1,739▼84.2% | $40,312▲166% | $232,076▼13.2% | $237,663▼11.4% | 990PF |
| 2018 | $11,029▼64.6% | $15,180▲69.8% | $267,321▼1.5% | $268,115▼1.2% | 990PF |
| 2017 | $31,157▼6.6% | $8,942▼58.8% | $271,472▲8.9% | $271,472▲8.9% | 990PF |
| 2016 | $33,366 | $21,680▲31.7% | $249,257▲4.9% | $249,257▲4.9% | 990PF |
| 2015 | $33,375▼23.4% | $16,466▲5.0% | $237,571▲7.7% | $237,571▲7.7% | 990PF |
| 2014 | $43,567▲37.2% | $15,679▼87.6% | $220,662▲14.5% | $220,662▲14.5% | 990PF |
| 2013 | $31,757 | $126,866 | $192,774 | $192,774 | 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 Richard A Grossman Foundation Inc a legitimate nonprofit?
- Yes. Richard A Grossman Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-7093493, based in Tarrytown, New York. Donations are tax-deductible.
- What is Richard A Grossman Foundation Inc's EIN?
- Richard A Grossman Foundation Inc's Employer Identification Number (EIN) is 23-7093493.
- How much revenue does Richard A Grossman Foundation Inc report?
- Richard A Grossman Foundation Inc reported $33,234 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Richard A Grossman Foundation Inc have?
- CharityIndex grades Richard A Grossman Foundation Inc C+, based on financial health (reserves and operating margin).
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Data for Richard A Grossman Foundation Inc (EIN 23-7093493) 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.