The@michael and Florence Edelstein Foundation Inc
Declining revenue
The@michael and Florence Edelstein Foundation Inc is a 501(c)(3) organization based in Manhasset, New York, registered in 2005, with $48 in FY2024 revenue.
87 Dogwood Ln, Manhasset, NY, 11030 EIN 20-2417292 Since 2005
Revenue (FY2024)
$48
▼ 99.9% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$0
Net assets
$14K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 The@michael and Florence Edelstein Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
—Financial health25% of the ratingNo headline financials
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. Not scored for The@michael and Florence Edelstein Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). 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 The@michael and Florence Edelstein Foundation Inc— 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 The@michael and Florence Edelstein Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 87 Dogwood Ln, Manhasset, NY, 11030
- City
- Manhasset
- State
- New York
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $755K (FY2020) to $48 (FY2024) across 4 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $14K
Operating margin
100.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$14K
Total liabilities
$0
Net assets
$14K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $48▼99.9% | $0▼100% | $14,277▼54.6% | $14,277▼54.6% | 990PF |
| 2022 | $50,030▼50.0% | $54,030▼51.1% | $31,469▼11.3% | $31,469▼11.3% | 990PF |
| 2021 | $100,002▼86.7% | $110,515▼85.6% | $35,469▼22.9% | $35,469▼22.9% | 990PF |
| 2020 | $754,641 | $768,435 | $45,982 | $45,982 | 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 The@michael and Florence Edelstein Foundation Inc a legitimate nonprofit?
- Yes. The@michael and Florence Edelstein Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 20-2417292, based in Manhasset, New York. Donations are tax-deductible.
- What is The@michael and Florence Edelstein Foundation Inc's EIN?
- The@michael and Florence Edelstein Foundation Inc's Employer Identification Number (EIN) is 20-2417292.
- How much revenue does The@michael and Florence Edelstein Foundation Inc report?
- The@michael and Florence Edelstein Foundation Inc reported $48 in total revenue on its fiscal year 2024 IRS Form 990 filing.
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Data for The@michael and Florence Edelstein Foundation Inc (EIN 20-2417292) 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.