Stephen & Karla Forgiel Charitable Foundation
Only null% goes to programs Strong reserves Declining revenue
Stephen & Karla Forgiel Charitable Foundation is a 501(c)(3) organization based in Waltham, Massachusetts, registered in 2014, with $10,093 in FY2024 revenue. CharityIndex grades it F.
75 Third Avenue 2nd Floor, Waltham, MA, 02451 EIN 46-4911066 Since 2014
Revenue (FY2024)
$10K
▼ 78.5% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$60K
Net assets
$624K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Stephen & Karla Forgiel Charitable Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating125 mo reserves · -494% 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 Stephen & Karla Forgiel Charitable Foundation: 125 mo reserves · -494% margin earns a F 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 Stephen & Karla Forgiel Charitable 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 Stephen & Karla Forgiel Charitable Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 75 Third Avenue 2nd Floor, Waltham, MA, 02451
- City
- Waltham
- State
- Massachusetts
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $10 (FY2014) to $10K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $624K
Operating margin
-494.2%
Spent more than it raised in the latest fiscal year.
Total assets
$624K
Total liabilities
$0
Net assets
$624K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $10,093▼78.5% | $59,971▲1.9% | $623,726▼3.5% | $623,726▼3.5% | 990PF |
| 2023 | $46,928▼24.4% | $58,834▲48.1% | $646,656▼6.9% | $646,656▼6.9% | 990PF |
| 2022 | $62,092▲62.9% | $39,733▼17.5% | $694,855▲1.9% | $694,855▲1.9% | 990PF |
| 2021 | $38,118▲697% | $48,155▲52.7% | $681,897▼0.1% | $681,897▼0.1% | 990PF |
| 2020 | $4,782▼89.1% | $31,539▼35.7% | $682,430▼2.6% | $682,430▼2.6% | 990PF |
| 2019 | $44,057▲82.5% | $49,083▼10.9% | $700,951▼0.6% | $700,951▼0.6% | 990PF |
| 2018 | $24,142▼59.5% | $55,101▲1.5% | $705,437▼4.1% | $705,437▼4.1% | 990PF |
| 2017 | $59,571▲78.2% | $54,301▲23.3% | $735,604▼3.7% | $735,604▼3.7% | 990PF |
| 2016 | $33,427▲584% | $44,033 | $763,736▲15499% | $763,736▲15499% | 990PF |
| 2015 | $4,886▲48760% | $0 | $4,896▲48860% | $4,896▲48860% | 990PF |
| 2014 | $10 | $0 | $10 | $10 | 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 Stephen & Karla Forgiel Charitable Foundation a legitimate nonprofit?
- Yes. Stephen & Karla Forgiel Charitable Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 46-4911066, based in Waltham, Massachusetts. Donations are tax-deductible.
- What is Stephen & Karla Forgiel Charitable Foundation's EIN?
- Stephen & Karla Forgiel Charitable Foundation's Employer Identification Number (EIN) is 46-4911066.
- How much revenue does Stephen & Karla Forgiel Charitable Foundation report?
- Stephen & Karla Forgiel Charitable Foundation reported $10,093 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Stephen & Karla Forgiel Charitable Foundation have?
- CharityIndex grades Stephen & Karla Forgiel Charitable Foundation F, based on financial health (reserves and operating margin).
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Data for Stephen & Karla Forgiel Charitable Foundation (EIN 46-4911066) 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.