Roma M Karp Foundation Inc
Only null% goes to programs Strong reserves Declining revenue
Roma M Karp Foundation Inc is a 501(c)(3) organization based in Riverhead, New York, registered in 2018, with $191,025 in FY2024 revenue. CharityIndex grades it C.
318 Roanoke Ave, Riverhead, NY, 11901 EIN 82-2442110 Since 2018
Revenue (FY2024)
$191K
▲ 72.7% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$213K
Net assets
$3.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
—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 Roma M Karp 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 →
C+Financial health25% of the rating172 mo reserves · -12% 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 Roma M Karp Foundation Inc: 172 mo reserves · -12% margin earns a C+ 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 Roma M Karp 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 Roma M Karp Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 318 Roanoke Ave, Riverhead, NY, 11901
- City
- Riverhead
- State
- New York
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $4.0M (FY2018) to $191K (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $3.1M
Operating margin
-11.7%
Spent more than it raised in the latest fiscal year.
Total assets
$3.1M
Total liabilities
$0
Net assets
$3.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $191,025▲72.7% | $213,459▲10.0% | $3,066,492▼0.8% | $3,066,492▼0.8% | 990PF |
| 2023 | $110,629▲33.9% | $194,038▼11.6% | $3,092,605▼2.7% | $3,092,605▼2.7% | 990PF |
| 2022 | $82,606▼73.5% | $219,379▼48.4% | $3,178,180▼4.2% | $3,178,180▼4.2% | 990PF |
| 2021 | $311,376▲199% | $425,210▲103% | $3,318,192▼3.3% | $3,318,192▼3.3% | 990PF |
| 2020 | $104,131▲207% | $209,554▼20.1% | $3,432,026▼3.1% | $3,432,026▼3.1% | 990PF |
| 2019 | -$97,489▼102% | $262,293▲23.4% | $3,541,211▼5.5% | $3,541,211▼5.5% | 990PF |
| 2018 | $3,958,280 | $212,619 | $3,745,661 | $3,745,661 | 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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Frequently asked questions
- Is Roma M Karp Foundation Inc a legitimate nonprofit?
- Yes. Roma M Karp Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 82-2442110, based in Riverhead, New York. Donations are tax-deductible.
- What is Roma M Karp Foundation Inc's EIN?
- Roma M Karp Foundation Inc's Employer Identification Number (EIN) is 82-2442110.
- How much revenue does Roma M Karp Foundation Inc report?
- Roma M Karp Foundation Inc reported $191,025 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Roma M Karp Foundation Inc have?
- CharityIndex grades Roma M Karp Foundation Inc C, based on financial health (reserves and operating margin).
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Data for Roma M Karp Foundation Inc (EIN 82-2442110) 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.