Shannon and Andrew S Penson Foundation
Only null% goes to programs Growing revenue
Shannon and Andrew S Penson Foundation is a 501(c)(3) organization based in New York, New York, registered in 2003, with $803,487 in FY2024 revenue. CharityIndex grades it C+.
551 Fifth Avenue 34th Floor, New York, NY, 10176 EIN 13-4226290 Since 2003
Revenue (FY2024)
$803K
▲ 4662.8% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$738K
Net assets
$174K
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 Shannon and Andrew S Penson Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
BFinancial health25% of the rating3 mo reserves · +8% 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 Shannon and Andrew S Penson Foundation: 3 mo reserves · +8% margin earns a B 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 Shannon and Andrew S Penson 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 Shannon and Andrew S Penson Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 551 Fifth Avenue 34th Floor, New York, NY, 10176
- City
- New York
- State
- New York
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $6.0M (FY2020) to $803K (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $174K
Operating margin
8.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$174K
Total liabilities
$0
Net assets
$174K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $803,487▲4663% | $737,911▲3.1% | $174,323▲72.2% | $174,323▲72.2% | 990PF |
| 2023 | $16,870▼99.1% | $716,008▼80.4% | $101,247▼86.9% | $101,247▼86.9% | 990PF |
| 2022 | $1,827,565▲189% | $3,652,972▼12.5% | $775,614▼70.2% | $775,614▼70.2% | 990PF |
| 2021 | $631,822▼89.5% | $4,173,094▼4.9% | $2,604,169▼57.6% | $2,604,169▼57.6% | 990PF |
| 2020 | $6,036,356 | $4,387,060 | $6,145,426 | $6,145,426 | 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 Shannon and Andrew S Penson Foundation a legitimate nonprofit?
- Yes. Shannon and Andrew S Penson Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-4226290, based in New York, New York. Donations are tax-deductible.
- What is Shannon and Andrew S Penson Foundation's EIN?
- Shannon and Andrew S Penson Foundation's Employer Identification Number (EIN) is 13-4226290.
- How much revenue does Shannon and Andrew S Penson Foundation report?
- Shannon and Andrew S Penson Foundation reported $803,487 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Shannon and Andrew S Penson Foundation have?
- CharityIndex grades Shannon and Andrew S Penson Foundation C+, based on financial health (reserves and operating margin).
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Data for Shannon and Andrew S Penson Foundation (EIN 13-4226290) 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.