New York · Nonprofit
HERMOVENEXT FOUNDATION INC
HERMOVENEXT FOUNDATION INC (New York) receives grants from 2 organizations whose IRS filings report $7,532 to it, the largest being SG GUPTA FOUNDATION ($7,500). 2 of them have funded it in more than one year.
- Revenue FY2024
- $4k
- Funders on record
- 2
- Grants received
- $8k
- Net assets
- $7k
What Hermovenext Foundation Inc does
Program
To encourage girls to play competitive u.s. Rated chess & to mentor older girls to be able to mentor younger girls to play.
$0 spent
The program described on its FY2024 Form 990-EZ. Program spending in total: $0.
The organization over time
Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $3k to $10k (+220%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
100% of HERMOVENEXT FOUNDATION INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (87% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 5 reported years ran a deficit.
reserve
Who funds it, year by year
2022 → 2023: the base held at 2 funders, grant income rose $3k → $5k.
1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of HERMOVENEXT FOUNDATION INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
HERMOVENEXT FOUNDATION INC leans on a few funders — its largest provides 100% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2022 99% · 2023 100% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
100% of HERMOVENEXT FOUNDATION INC's grant income comes from New York funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $32 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
HERMOVENEXT FOUNDATION INC's funding has concentrated — grant income rose while the number of funders held roughly flat.
this organization peer median middle 50% of peers· 1,043 unclassified nonprofits under $100k, FY2024
Organizations like HERMOVENEXT FOUNDATION INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New York
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for HERMOVENEXT FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds HERMOVENEXT FOUNDATION INC?
- HERMOVENEXT FOUNDATION INC (New York) receives grants from 2 organizations whose IRS filings report $7,532 to it, the largest being SG GUPTA FOUNDATION ($7,500). 2 of them have funded it in more than one year.
- How many funders does HERMOVENEXT FOUNDATION INC have?
- IRS filings report 2 organizations giving $7,532 in grants to HERMOVENEXT FOUNDATION INC, 2 of which have funded it in more than one year.
- Who is the largest funder of HERMOVENEXT FOUNDATION INC?
- SG GUPTA FOUNDATION is the largest funder on record, with $7,500 in grants. The full list of funders is on this page.
- How can an organization like HERMOVENEXT FOUNDATION INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Hermovenext →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2019–2024), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing