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New York · Nonprofit

THE CYGNET FOUNDATION INC ATTN RAYMOND MERRITT

THE CYGNET FOUNDATION INC ATTN RAYMOND MERRITT (New York) receives grants from 3 organizations whose IRS filings report $1,259,863 to it, the largest being THE BUHL FOUNDATION INC ($1,205,863). 2 of them have funded it in more than one year.

$28k
Revenue FY2024
3
Funders on record
$1.3M
Grants received
$315k
Net assets
2/3 repeat fundersgrants exceed reported revenue in one year

Against its field

THE CYGNET FOUNDATION INC ATTN RAYMOND MERRITT holds deeper cash reserves than three-quarters of the 21,826 education nonprofits its size.

Months of reserve97.3mo · top quartile
Revenue growth (annualized)−24% · bottom quartile

this organization peer median middle 50% of peers· 21,826 education nonprofits under $100k, FY2024

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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.

100 = 20172017 Revenue 100 ($195k) Expenses 100 ($135k) Net assets 100 ($288k)2018 Revenue 52 ($101k) Expenses 69 ($93k) Net assets 103 ($296k)2019 Revenue 28 ($54k) Expenses 42 ($57k) Net assets 102 ($293k)2020 Revenue 25 ($48k) Expenses 47 ($64k) Net assets 96 ($277k)2021 Revenue 29 ($56k) Expenses 16 ($22k) Net assets 108 ($311k)2022 Revenue 10 ($20k) Expenses 10 ($13k) Net assets 111 ($319k)2023 Revenue 1 ($3k) Expenses 16 ($21k) Net assets 104 ($300k)2024 Revenue 15 ($28k) Expenses 10 ($14k) Net assets 109 ($315k)
'17'18'19'20'21'22'23'24
Revenue (15)Expenses (10)Net assets (109)Peer revenue range
02Who funds it

Who funds it, year by year

2017 → 2019: the base narrowed from 2 funders to 1 funder, grant income fell $1.2M → $25k.

From the IRS filings of THE CYGNET FOUNDATION INC ATTN RAYMOND MERRITT’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

THE CYGNET FOUNDATION INC ATTN RAYMOND MERRITT leans on a few funders — its largest provides 96% 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

96%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2017 100% · 2018 93% · 2019 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 THE CYGNET FOUNDATION INC ATTN RAYMOND MERRITT's grant income comes from New York funders.

NY

In-state vs out-of-state, by year

17
18
19
New York out of state home

Funder states come from each funder’s own filing. 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.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like THE CYGNET FOUNDATION INC ATTN RAYMOND MERRITT

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New York

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Screen this organization

A dated, signed PDF of the compliance screen for THE CYGNET FOUNDATION INC ATTN RAYMOND MERRITT: 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.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds THE CYGNET FOUNDATION INC ATTN RAYMOND MERRITT?
THE CYGNET FOUNDATION INC ATTN RAYMOND MERRITT (New York) receives grants from 3 organizations whose IRS filings report $1,259,863 to it, the largest being THE BUHL FOUNDATION INC ($1,205,863). 2 of them have funded it in more than one year.
How many funders does THE CYGNET FOUNDATION INC ATTN RAYMOND MERRITT have?
IRS filings report 3 organizations giving $1,259,863 in grants to THE CYGNET FOUNDATION INC ATTN RAYMOND MERRITT, 2 of which have funded it in more than one year.
Who is the largest funder of THE CYGNET FOUNDATION INC ATTN RAYMOND MERRITT?
THE BUHL FOUNDATION INC is the largest funder on record, with $1,205,863 in grants. The full list of funders is on this page.
How can an organization like THE CYGNET FOUNDATION INC ATTN RAYMOND MERRITT 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.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 3funders 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 August 27, 2026. What this page cannot tell you · view filing