Shmily & Yitty Steinberg Foundation
Only null% goes to programs Strong reserves Growing revenue
Shmily & Yitty Steinberg Foundation is a 501(c)(3) organization based in Brooklyn, New York, registered in 2018, with $2,889 in FY2022 revenue. CharityIndex grades it C.
1953 51st St, Brooklyn, NY, 11204 EIN 82-1730415 Since 2018
Revenue (FY2022)
$2,889
▼ 31.3% vs prior year
Philanthropy median: $168K
Expenses (FY2022)
$2,750
Net assets
$261K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—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 Shmily & Yitty Steinberg Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating1138 mo reserves · +5% 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 Shmily & Yitty Steinberg Foundation: 1138 mo reserves · +5% 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 Shmily & Yitty Steinberg Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FTransparency10% of the rating0 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 Shmily & Yitty Steinberg Foundation: 0 of 5 disclosure signals earns a F 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
- 1953 51st St, Brooklyn, NY, 11204
- City
- Brooklyn
- State
- New York
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $167K (FY2016) to $2,889 (FY2022) across 7 reported years.
Financial snapshot
Financial health & position (FY2022)
Liabilities $0Net assets $261K
Operating margin
4.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$261K
Total liabilities
$0
Net assets
$261K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2022 | $2,889▼31.3% | $2,750▼39.7% | $260,882▲0.1% | $260,882▲0.1% | 990PF |
| 2021 | $4,203 | $4,558 | $260,743▼0.1% | $260,743▼0.1% | 990PF |
| 2020 | $0▼100% | $0 | $261,098 | $261,098 | 990PF |
| 2019 | $1,980▼85.7% | $0▼100% | $261,098▲0.8% | $261,098▲0.8% | 990PF |
| 2018 | $13,889▼87.6% | $11,803▲16.3% | $259,114▲0.8% | $259,114▲0.8% | 990PF |
| 2017 | $111,898▼32.9% | $10,150▼12.2% | $257,028▲65.5% | $257,028▲65.5% | 990PF |
| 2016 | $166,834 | $11,554 | $155,280 | $155,280 | 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.
Similar organizations in Philanthropy
Compare Shmily & Yitty Steinberg Foundation
Frequently asked questions
- Is Shmily & Yitty Steinberg Foundation a legitimate nonprofit?
- Yes. Shmily & Yitty Steinberg Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 82-1730415, based in Brooklyn, New York. Donations are tax-deductible.
- What is Shmily & Yitty Steinberg Foundation's EIN?
- Shmily & Yitty Steinberg Foundation's Employer Identification Number (EIN) is 82-1730415.
- How much revenue does Shmily & Yitty Steinberg Foundation report?
- Shmily & Yitty Steinberg Foundation reported $2,889 in total revenue on its fiscal year 2022 IRS Form 990 filing.
- What financial grade does Shmily & Yitty Steinberg Foundation have?
- CharityIndex grades Shmily & Yitty Steinberg Foundation C, based on financial health (reserves and operating margin).
More nonprofits in Brooklyn
Explore more
Data for Shmily & Yitty Steinberg Foundation (EIN 82-1730415) 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.