Saul & Devorah Sherman Fund
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Saul & Devorah Sherman Fund is a 501(c)(3) organization based in Sag Harbor, New York, registered in 1964, with $82,989 in FY2024 revenue. CharityIndex grades it C.
7 Sylvan Ln, Sag Harbor, NY, 11963 EIN 36-6059502 Since 1964
Revenue (FY2024)
$83K
▲ 10473.6% vs prior year
Expenses (FY2024)
$102K
Net assets
$246K
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 Saul & Devorah Sherman Fund— 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 rating29 mo reserves · -22% 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 Saul & Devorah Sherman Fund: 29 mo reserves · -22% 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 Saul & Devorah Sherman Fund— 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 Saul & Devorah Sherman Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 7 Sylvan Ln, Sag Harbor, NY, 11963
- City
- Sag Harbor
- State
- New York
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from -$18K (FY2013) to $83K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1,041Net assets $246K
Operating margin
-22.4%
Spent more than it raised in the latest fiscal year.
Total assets
$247K
Total liabilities
$1,041
Net assets
$246K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $82,989▲10474% | $101,595▲0.1% | $246,110▼7.0% | $247,151▼26.1% | 990PF |
| 2023 | -$800▼102% | $101,453▲34.2% | $264,716▼27.9% | $334,429▼8.9% | 990PF |
| 2022 | $34,794▼40.3% | $75,571▲11.9% | $366,969▼10.0% | $366,969▼10.0% | 990PF |
| 2021 | $58,247▲26.6% | $67,552▼22.8% | $407,746▼40.0% | $407,746▼40.0% | 990PF |
| 2020 | $46,008▲9.9% | $87,525▼8.1% | $679,131▼5.8% | $679,476▼5.7% | 990PF |
| 2019 | $41,858▼74.2% | $95,224▲25.5% | $720,648▼6.9% | $720,853▼6.9% | 990PF |
| 2018 | $162,099▼16.6% | $75,881▼27.1% | $774,014▲12.5% | $774,204▲8.4% | 990PF |
| 2017 | $194,449▲8999% | $104,092▲7.6% | $687,796▲15.1% | $713,986▲19.5% | 990PF |
| 2016 | $2,137▼90.0% | $96,738▲29.9% | $597,439▼13.7% | $597,439▼13.8% | 990PF |
| 2015 | $21,288▼83.6% | $74,461▼8.4% | $692,040▼7.1% | $693,021▼7.0% | 990PF |
| 2014 | $130,087▲824% | $81,266▼18.8% | $745,213▲7.0% | $745,309▲6.8% | 990PF |
| 2013 | -$17,957 | $100,139▲36.3% | $696,392▼14.5% | $698,181▼15.0% | 990PF |
| 2012 | — | $73,484▲2.1% | $814,488▼2.2% | $821,113▼1.8% | 990PF |
| 2011 | — | $71,974▲15.2% | $833,181▼6.4% | $835,888▼6.1% | 990PF |
| 2010 | — | $62,469▼88.0% | $890,532▼3.3% | $890,532▼3.3% | 990PF |
| 2009 | — | $518,516 | $921,062 | $921,062 | 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 Saul & Devorah Sherman Fund a legitimate nonprofit?
- Yes. Saul & Devorah Sherman Fund is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 36-6059502, based in Sag Harbor, New York. Donations are tax-deductible.
- What is Saul & Devorah Sherman Fund's EIN?
- Saul & Devorah Sherman Fund's Employer Identification Number (EIN) is 36-6059502.
- How much revenue does Saul & Devorah Sherman Fund report?
- Saul & Devorah Sherman Fund reported $82,989 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Saul & Devorah Sherman Fund have?
- CharityIndex grades Saul & Devorah Sherman Fund C, based on financial health (reserves and operating margin).
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Data for Saul & Devorah Sherman Fund (EIN 36-6059502) 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.