Remission Foundation INC EIN 45-2752633 Form 990 (PDF) Claim this org

Remission Foundation INC

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Remission Foundation INC is a human services nonprofit based in Rye Brook, NY, formed in 2011. For fiscal year 2025 it reported $154K in revenue, $150K in expenses, and $16K in net assets.Pt I

Founded
2011
Type
Public charity (501(c)(3)) · Human Services
Location
Rye Brook, NY
Website
www.remissionfoundation.org
Filings
5 on file (2021–2025)
Revenue
$154KFY2025
Expenses
$150K
Net assets
$16K
People
4
Filings
5
Updates
0
More identity details & actions ⌄
EIN  45-2752633 Public charity (501(c)(3)) Rye Brook, NY Founded 2011
Form 990 (PDF)
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Size
$100K–1M
What they do
a human services nonprofit
Leadership
Michael Beckerman · Board Member
Money in and out
$154K revenue, $150K expenses
Bottom line
13.3mo operating runway
Where the money goes · FY2025
Total revenue
$154K
Pt VIII · Ln 12
Total expenses
$150K
Pt IX · Ln 25
Net assets
$16K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $4K
Operating runway
13.3mo
months of highly liquid reserves at operating expense rate▲ ×11 vs prior filing year
Surplus margin
+3%
revenue over expenses, this year▲ +105% vs prior filing year
Revenue trend
+21%
avg. annual growth over 5 years

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$154K
FY2025▲ +13%
Total revenue
$154K
Pt VIII · Ln 12
Total expenses
$150K
Pt IX · Ln 25
Net assets
$16K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$4K
Total assetsPt X · Ln 16$166K
Program-expense ratioPt IX · col B0%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2025.
01

While the grant was paid in Jan 2026 the fundraising activities in 2025 were in support of Dr. Alana Nguyens work in peritoneal metastatic cancer at Weill Cornell Medicine

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRemission Foundation INC
EINHdr · item D45-2752633
Principal addressHdr · item CRye Brook, NY
WebsiteHdr · item Jwww.remissionfoundation.org
Year of formationHdr · item L2011
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P123)
Ruling yearIRS BMFSep 2011

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$81K · 53%
Other revenue$73K · 47%
Contributions & grants53%$81K
Other revenue47%$73K
Total revenueLn 12$154K

Balance Sheet

Part X · end of year
CashLn 1$166K
Total assetsLn 16$166K
Total liabilitiesLn 26$150K
Total net assetsLn 32$16K
Months of cash on handcomputed13.3

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $166K · Operating expenses/yr $150K
13.3 months
Where the money goes
Program services
Program services $0 · Total expenses $150K
not reported
Management & General
Management & general $0 · Total expenses $150K
not reported
Fundraising
Fundraising $0 · Total expenses $150K
not reported
Cost to raise $1
Fundraising expense $0 · Solicited contributions $81K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $81K · Total revenue $154K
53%
Government reliance
Government grants $0 · Total revenue $154K
0%
Earned-income share
Program service revenue $0 · Total revenue $154K
0%
Investment reliance
Investment income $0 · Total revenue $154K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $150K
0%
Growth & trend
Revenue growth (YoY)
This year $154K · Prior year $137K
+13%
Revenue CAGR
FY2021 $73K · FY2025 $154K
+21%
Net-asset trend (YoY)
End of year $16K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $154K · Expenses $150K
+3%
Liabilities-to-Assets
Total liabilities — · Total assets $166K
Net-asset ratio
Net assets $16K · Total assets $166K
10%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $166K
0%
People & payroll
Highest Reported Total Compensation
Individual Michael Beckerman · Reported title Board Member · Highest reported compensation $0 · Total expenses $150K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $150K
Peer comparison

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

MetricThis orgPeer medianPercentile
Revenue growth 13%

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 · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$8K
Grants paid · 1 grant · $150K · 2025–2025
Weill Cornell MedicineFY2025$150,000

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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)$154K revenue · viewing · ⤓ 990 PDF
FY2024$137K revenue · ⤓ 990 PDF
FY2023$104K revenue · ⤓ 990 PDF
FY2022$132K revenue · ⤓ 990 PDF
FY2021$73K 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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