Samuel L Westerman Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Samuel L Westerman Foundation is a 501(c)(3) organization based in Bloomfield Hills, Michigan, registered in 1971, with $467,826 in FY2024 revenue. CharityIndex grades it C.
40100 Woodward Avenue, Bloomfield Hills, MI, 48304 EIN 23-7108795 Since 1971
Revenue (FY2024)
$468K
▼ 9.5% vs prior year
Expenses (FY2024)
$538K
Net assets
$5.2M
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 Samuel L Westerman Foundation— 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 rating116 mo reserves · -15% 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 Samuel L Westerman Foundation: 116 mo reserves · -15% 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 Samuel L Westerman Foundation— 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 Samuel L Westerman Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 40100 Woodward Avenue, Bloomfield Hills, MI, 48304
- City
- Bloomfield Hills
- State
- Michigan
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $184K (FY2020) to $468K (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $5.2M
Operating margin
-14.9%
Spent more than it raised in the latest fiscal year.
Total assets
$5.2M
Total liabilities
$0
Net assets
$5.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $467,826▼9.5% | $537,611▼10.7% | $5,196,761▼1.3% | $5,196,761▼1.3% | 990PF |
| 2023 | $516,709▲56.2% | $602,303▲8.8% | $5,266,545▼1.6% | $5,266,545▼1.6% | 990PF |
| 2022 | $330,791▼55.7% | $553,736▲1.5% | $5,352,138▼4.3% | $5,352,138▼4.3% | 990PF |
| 2021 | $746,736▲305% | $545,490▼2.5% | $5,594,585▲3.7% | $5,594,585▲3.7% | 990PF |
| 2020 | $184,186 | $559,733 | $5,393,337 | $5,393,337 | 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 Samuel L Westerman Foundation a legitimate nonprofit?
- Yes. Samuel L Westerman Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-7108795, based in Bloomfield Hills, Michigan. Donations are tax-deductible.
- What is Samuel L Westerman Foundation's EIN?
- Samuel L Westerman Foundation's Employer Identification Number (EIN) is 23-7108795.
- How much revenue does Samuel L Westerman Foundation report?
- Samuel L Westerman Foundation reported $467,826 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Samuel L Westerman Foundation have?
- CharityIndex grades Samuel L Westerman Foundation C, based on financial health (reserves and operating margin).
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Data for Samuel L Westerman Foundation (EIN 23-7108795) 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.