Cherkin Preston Foundation

Nonprofit profile at a glance

EIN
260396737
IRS 990-EZ coverage
2010–2025
Forms available
Form 990-EZ 2025
Location
New York, NY, USA
Phone
2122654720
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
International Relief

Reported finances

Revenue
$31,373
Expenses
$37,019
Assets
$33,990

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

Leadership & pay

4 people listed

Executive titles in this filing

  • ROBERTA B CHERKIN (PRESIDENT)

People named in this filing

  • ROBERTA B CHERKIN (PRESIDENT)
  • MICHAEL S PRESTON (SEC/TREAS)
  • JEFFREY G CHERKIN (BOARD MEMBER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the cherkin preston foundation is to support charitable, educational, cultural, healthcare, and social welfare initiatives through contributions to qualified nonprofit organizations, with a focus on advancing public benefit, community enrichment, civil rights advocacy, healthcare access, and preservation of arts and culture.

What it reported doing in 2025

Provided charitable contributions to various qualified 501(c)(3) organizations in support of educational, cultural, healthcare, humanitarian, and community-based initiatives. These donations furthered the foundations exempt purpose by supporting a broad range of nonprofit programs dedicated to public benefit, charitable outreach, and social welfare activities.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 98
  • Transparency & Controls: 82
  • Sustainability: 31
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 95.5%; rating input score 96

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -18%; rating input score 23; 23rd percentile among comparable filings
  • Total-asset coverage ratio: 0.92; rating input score 45; 45th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 3% per year; rating input score 100; 56th percentile among comparable filings
  • Revenue growth: 5.5% per year; rating input score 100; 71st percentile among comparable filings
  • Asset growth: -8.3% per year; rating input score 0; 19th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 95.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $35K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 16 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 23/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.