1056 57Th Foundation

Nonprofit profile at a glance

EIN
856485049
IRS 990-PF coverage
2022–2025
Forms available
Form 990-PF 2025
Location
Brooklyn, NY, USA
Phone
3479867694
Rating
56
Verdict
MIXED
Rating confidence
Moderate

Reported finances

Revenue
$29,890
Expenses
$18,610

Source: IRS Form 990-PF. Selected filing: tax year 2025. Amounts in USD.

Overview

Mission

1056 57Th Foundation is a nonprofit. Location: Brooklyn, NY. EIN 856485049. Tax year 2025 Form 990-PF reports $29.9K revenue and $18.6K expenses.

What it reported funding in 2025

The foundation reported 1 grant totaling $18,241. The stated grant purpose was general support.

Operating model

Revenue model
Donor-supported. 100% of the foundation's positive operating resources came from contributions.
Distribution model
Grant intermediary. The foundation distributed 100% of its reported charitable disbursements as grants.

The verdict

MIXED - The filing identifies who received its grants and a large share of spending goes to grants. No material rating questions were generated from the available inputs.

Rating breakdown

  • Grant Deployment: NotEnoughData
  • Cost Efficiency: 98
  • Transparency: 100
  • Compliance: 50
  • Endowment Health: 69

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: Limited

Cost Efficiency

  • Grant expense ratio: 98%; rating input score 98; 85th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Part VII-B activity disclosures: Limited
  • Filing consistency checks: 9; rating input score 100

Endowment Health

  • Endowment-health comparison: 5.11; rating input score 69; 69th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: Filed payout detail
  • Trustees: Filed trustees detail
  • Investments: 69th percentile for endowment coverage
  • Consistency: 9 of 9 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 4 filing years from 2022 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.