Applebaum Family Support Foundation EIN 38-2870708

Applebaum Family Support Foundation

EIN  38-2870708 Supporting organization Bloomfield Hills, MI
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Supports the Jewish community and the wider community.
Leadership
Steven Ingber · Secretary
Money in and out
$502K revenue, $832K expenses
Bottom line
-66% net inflow

Supports the Jewish community and the wider community. For fiscal year 2025 it reported $502K in revenue, $832K in expenses, and $1.5M in net assets.Pt I

Money in and out · FY2025
Total revenue
$502K
Pt VIII · Ln 12
Total expenses
$832K
Pt IX · Ln 25
Net assets
$1.5M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$330K
Where spending went · Part IX cols B–D
Program services $0.97 Management & general $0.03
Net inflow
-66%
revenue over expenses, this year▲ +93% vs prior filing year
Pass-through gifts
87%
of revenue from contributions
Program spending
97%
of expenses reach stated programs0% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$502K
FY2025▲ +437%
Expenses
$832K
FY2025▼ -17%
Total assets
$1.5M
FY2025▼ -17%
Total liabilities
$0
FY2025
Total revenue
$502K
Pt VIII · Ln 12
Total expenses
$832K
Pt IX · Ln 25
Net assets
$1.5M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$330K
Total assetsPt X · Ln 16$1.5M
Program-expense ratioPt IX · col B97%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

1 program service account for $805K of program spending, described in the organization's own filed words · FY2024.
01

Grants and awards given to charitable organizations.

$805Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CApplebaum Family Support Foundation
EINHdr · item D38-2870708
Principal addressHdr · item CBloomfield Hills, MI
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T22Z)
Ruling yearIRS BMFJun 1989

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Applebaum Family Support Foundation executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$437K · 87%
Investment income$66K · 13%
Contributions & grants87%$437K
Investment income13%$66K
Total revenueLn 12$502K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.97 Management & general $0.03
Program services97%$805K
Management & general3%$27K
Total functional expensesLn 25$832K

Balance Sheet

Part X · end of year
CashLn 1
Total assetsLn 16$1.5M
Total liabilitiesLn 26$0
Total net assetsLn 32$1.5M

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.5M · Operating expenses (Pt IX) $832K · Less non-cash grants $437K · Cash operating expenses/yr $396K
44.6 months
Where the money goes
Program services
Program services $805K · Total expenses $832K
97%
Management & General
Management & general $27K · Total expenses $832K
3%
Fundraising
Fundraising $0 · Total expenses $832K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $146K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $437K · Total revenue $502K
87%
Government reliance
Government grants — · Total revenue $502K
Earned-income share
Program service revenue $0 · Total revenue $502K
0%
Investment reliance
Investment income $66K · Total revenue $502K
+13%
Program self-sufficiency
Program service revenue $0 · Total expenses $832K
0%
Growth & trend
Revenue growth (YoY)
This year $502K · Prior year $93K
+437%
Net-asset trend (YoY)
End of year $1.5M · Beginning of year $1.8M
-17%
Balance sheet
Surplus Margin
Revenue $502K · Expenses $832K
-66%
Liabilities-to-Assets
Total liabilities $0 · Total assets $1.5M
0%
Net-asset ratio
Net assets $1.5M · Total assets $1.5M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $1.5M · Total assets (Pt X, ln 16) $1.5M
100%
People & payroll
Highest Reported Total Compensation
Individual Steven Ingber · Reported title SECRETARY · Highest reported compensation $0 · Total expenses $832K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $832K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 97%
Overhead ratio 3%
Fundraising cost ratio 0%
Revenue growth 437%
Investment management fee ratio 0%
Accounting fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · this organization's grantmaking
Grants paid · 36 grants · $6.8M · 2021–2024
Beaumont Health FoundationMI · FY2024$150,000
Henry FordMI · FY2024$100,000
Dana-Farber Cancer InstituteMA · FY2024$100,000
Jewish Family ServiceMI · FY2024$75,000
Wayne State UniversityMI · FY2024$60,000
Fresh Air SocietyMI · FY2024$50,000
Gesher Human ServicesMI · FY2024$35,000
JarcMI · FY2024$30,000
Central Fund of IsraelNY · FY2024$10,000
Dana-Farber Cancer InstituteMA · FY2023$250,000
Beaumont Health FoundationMI · FY2023$150,000
Jewish Family ServiceMI · FY2023$75,000
See all 36 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$502K revenue · viewing · ⤓ 990 PDF
FY2024$93K revenue · ⤓ 990 PDF
FY2023$58K revenue · ⤓ 990 PDF
FY2022$7.6M revenue · ⤓ 990 PDF
FY2021$8K revenue · ⤓ 990 PDF
FY2020$0 revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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