Robert & Mary Jane Hekemian Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Robert & Mary Jane Hekemian Foundation Inc is a 501(c)(3) organization based in Hackensack, New Jersey, registered in 1991, with $188,956 in FY2023 revenue. CharityIndex grades it D.
505 Main St Ste 400, Hackensack, NJ, 07601 EIN 22-3087695 Since 1991
Revenue (FY2023)
$189K
▼ 58.6% vs prior year
Expenses (FY2023)
$273K
Net assets
$4.7M
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 Robert & Mary Jane Hekemian 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 rating205 mo reserves · -44% 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 Robert & Mary Jane Hekemian Foundation Inc: 205 mo reserves · -44% 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 Robert & Mary Jane Hekemian 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 Robert & Mary Jane Hekemian Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 505 Main St Ste 400, Hackensack, NJ, 07601
- City
- Hackensack
- State
- New Jersey
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue declined from $877K (FY2016) to $189K (FY2023) across 8 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $4.7M
Operating margin
-44.5%
Spent more than it raised in the latest fiscal year.
Total assets
$4.7M
Total liabilities
$0
Net assets
$4.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $188,956▼58.6% | $272,958▼37.5% | $4,654,248▼1.8% | $4,654,248▼1.8% | 990PF |
| 2022 | $456,212▼0.6% | $437,072▲144% | $4,738,250▼1.7% | $4,738,250▼1.7% | 990PF |
| 2021 | $458,757▲322% | $179,056▼40.0% | $4,820,226▲6.2% | $4,820,226▲5.1% | 990PF |
| 2020 | $108,760▼34.3% | $298,665▲15.8% | $4,540,525▼4.8% | $4,585,035▼4.7% | 990PF |
| 2019 | $165,645▼91.2% | $257,995▲26.8% | $4,767,605▼1.9% | $4,809,392▼1.9% | 990PF |
| 2018 | $1,887,525▲873% | $203,527▼6.8% | $4,859,955▲53.0% | $4,903,639▲17.0% | 990PF |
| 2017 | $193,956▼77.9% | $218,283▼21.7% | $3,175,957▼0.8% | $4,192,463▲1.7% | 990PF |
| 2016 | $877,440 | $278,934 | $3,200,284 | $4,124,357 | 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 Robert & Mary Jane Hekemian Foundation Inc a legitimate nonprofit?
- Yes. Robert & Mary Jane Hekemian Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 22-3087695, based in Hackensack, New Jersey. Donations are tax-deductible.
- What is Robert & Mary Jane Hekemian Foundation Inc's EIN?
- Robert & Mary Jane Hekemian Foundation Inc's Employer Identification Number (EIN) is 22-3087695.
- How much revenue does Robert & Mary Jane Hekemian Foundation Inc report?
- Robert & Mary Jane Hekemian Foundation Inc reported $188,956 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Robert & Mary Jane Hekemian Foundation Inc have?
- CharityIndex grades Robert & Mary Jane Hekemian Foundation Inc D, based on financial health (reserves and operating margin).
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Data for Robert & Mary Jane Hekemian Foundation Inc (EIN 22-3087695) 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.