Skip to content
ProPublica Donate
ProPublica Donate

Ackerman Foundation Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Grantmaking Foundations (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$1.17M (2024)

Expenses
$532k (2024)

Total Assets
$8.87M (2024)

Total Liabilities
$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Nov.
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,174,755
Expenses
$531,842
Net Income
$642,913
Net Assets
$8,874,538
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $912,227
77.7%
Interest Revenue $0
Dividends $262,528
22.3%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $452,350
85.1%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $8,874,538
Total Liabilities $0
Net Assets $8,874,538
Compensation
Key Employees and Officers Compensation Other
Michael A Ackerman (President & Director) $0 $0
Steven J Ackerman (Director) $0 $0
Cherilyn Lawrence (Director) $0 $0

Document Links

Fiscal Year Ending Nov.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,235,221
Expenses
$414,372
Net Income
$820,849
Net Assets
$8,245,430
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $945,289
76.5%
Interest Revenue $538
0.0%
Dividends $243,470
19.7%
Sales of Assets $45,924
3.7%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $377,110
91.0%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $8,245,430
Total Liabilities $0
Net Assets $8,245,430
Compensation
Key Employees and Officers Compensation Other
Michael A Ackerman (President & Director) $0 $0
Steven J Ackerman (Director) $0 $0
Cherilyn Lawrence (Director) $0 $0

Document Links

Fiscal Year Ending Nov.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,272,303
Expenses
$297,914
Net Income
$974,389
Net Assets
$7,424,581
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $947,786
74.5%
Interest Revenue $366
0.0%
Dividends $274,903
21.6%
Sales of Assets $24,082
1.9%
Other Income $25,166
2.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $267,275
89.7%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $7,424,581
Total Liabilities $0
Net Assets $7,424,581
Compensation
Key Employees and Officers Compensation Other
Michael A Ackerman (President & Director) $0 $0
Steven J Ackerman (Director) $0 $0
Cherilyn Lawrence (Director) $0 $0

Document Links

Fiscal Year Ending Nov.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,228,131
Expenses
$413,819
Net Income
$814,312
Net Assets
$6,450,192
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $936,809
76.3%
Interest Revenue $118
0.0%
Dividends $138,687
11.3%
Sales of Assets $152,517
12.4%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $391,450
94.6%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $6,450,192
Total Liabilities $0
Net Assets $6,450,192
Compensation
Key Employees and Officers Compensation Other
Michael A Ackerman (President & Director) $0 $0
Steven J Ackerman (Director) $0 $0
Cherilyn Lawrence (Director) $0 $0

Document Links

Fiscal Year Ending Nov.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,080,223
Expenses
$380,793
Net Income
$699,430
Net Assets
$5,635,879
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $927,984
85.9%
Interest Revenue $126
0.0%
Dividends $136,618
12.6%
Sales of Assets $15,495
1.4%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $356,865
93.7%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $5,635,880
Total Liabilities $1
Net Assets $5,635,879
Compensation
Key Employees and Officers Compensation Other
Michael A Ackerman (President & Director) $0 $0
Steven J Ackerman (Director) $0 $0
Cherilyn Lawrence (Director) $0 $0

Document Links

Fiscal Year Ending Nov.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,120,699
Expenses
$411,834
Net Income
$708,865
Net Assets
$4,936,449
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $927,479
82.8%
Interest Revenue $208
0.0%
Dividends $110,442
9.9%
Sales of Assets $82,570
7.4%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $396,900
96.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $4,936,450
Total Liabilities $1
Net Assets $4,936,449
Compensation
Key Employees and Officers Compensation Other
Michael A Ackerman (President & Director) $0 $0
Steven J Ackerman (Director) $0 $0
Cherilyn Lawrence (Director) $0 $0

Document Links

Fiscal Year Ending Nov.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,163,523
Expenses
$328,983
Net Income
$834,540
Net Assets
$4,227,585
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $1,035,086
89.0%
Interest Revenue $504
0.0%
Dividends $90,231
7.8%
Sales of Assets $37,702
3.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $316,000
96.1%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $4,227,585
Total Liabilities $0
Net Assets $4,227,585
Compensation
Key Employees and Officers Compensation Other
Michael A Ackerman (President & Director) $0 $0
Steven J Ackerman (Director) $0 $0
Cherilyn Lawrence (Director) $0 $0

Document Links

Fiscal Year Ending Nov.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$986,554
Expenses
$347,815
Net Income
$638,739
Net Assets
$3,393,045
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $919,580
93.2%
Interest Revenue $432
0.0%
Dividends $53,894
5.5%
Sales of Assets $12,648
1.3%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $331,000
95.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,393,045
Total Liabilities $0
Net Assets $3,393,045
Compensation
Key Employees and Officers Compensation Other
Michael A Ackerman (President & Director) $0 $0
Steven J Ackerman (Director) $0 $0
Cherilyn Lawrence (Director) $0 $0

Document Links

Fiscal Year Ending Nov.
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,120,554
Expenses
$123,218
Net Income
$997,336
Net Assets
$2,754,306
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $1,135,095
> 100%
Interest Revenue $357
0.0%
Dividends $57,561
5.1%
Sales of Assets -$72,459
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $106,000
86.0%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,754,306
Total Liabilities $0
Net Assets $2,754,306
Compensation
Key Employees and Officers Compensation Other
Michael A Ackerman (President & Director) $0 $0
Steven J Ackerman (Director) $0 $0
Cherilyn Lawrence (Director) $0 $0

Document Links

Fiscal Year Ending Nov.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$726,959
Expenses
$111,295
Net Income
$615,664
Net Assets
$1,756,970
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $715,016
98.4%
Interest Revenue $106
0.0%
Dividends $22,082
3.0%
Sales of Assets -$10,245
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $97,600
87.7%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,756,970
Total Liabilities $0
Net Assets $1,756,970
Compensation
Key Employees and Officers Compensation Other
Michael A Ackerman (President & Director) $0 $0
Steven J Ackerman (Director) $0 $0
Cherilyn Lawrence (Director) $0 $0

Document Links

Fiscal Year Ending Nov.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$833,659
Expenses
$66,674
Net Income
$766,985
Net Assets
$1,141,306
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $832,729
99.9%
Interest Revenue $501
0.1%
Dividends $971
0.1%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $64,000
96.0%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,141,306
Total Liabilities $0
Net Assets $1,141,306

Document Links

Fiscal Year Ending Nov.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$340,731
Expenses
$1,321
Net Income
$339,410
Net Assets
$374,321
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $340,613
100.0%
Interest Revenue $118
0.0%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $0
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $374,321
Total Liabilities $0
Net Assets $374,321

Document Links

Fiscal Year Ending Nov.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$0
Expenses
$1,571
Net Income
-$1,571
Net Assets
$34,911
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $0
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $34,911
Total Liabilities $0
Net Assets $34,911

Document Links

Fiscal Year Ending Nov.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$9,637
Expenses
$1,777
Net Income
$7,860
Net Assets
$36,482
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $9,637
100%
Interest Revenue $0
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $0
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $36,482
Total Liabilities $0
Net Assets $36,482

Document Links

Fiscal Year Ending Nov.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Nov.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Nov.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Nov.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Nov.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Nov.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Nov.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Nov.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Nov.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Nov.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Contact Us