Alfred B Swanson Foundation is a 501(c)(3) organization based in Grand Rapids, Michigan, registered in 1987, with $7,423 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$7,423
▲ 572.8% vs prior year
Environment median: $250K
Expenses (FY2024)
$29K
Net assets
$104K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Alfred B Swanson Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Alfred B Swanson Foundation: 44 mo reserves · -286% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Alfred B Swanson Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Alfred B Swanson Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $28K (FY2013) to $7,423 (FY2024) across 11 reported years.
Financial snapshot
Operating margin
-285.7%
Spent more than it raised in the latest fiscal year.
Total assets
$104K
Total liabilities
$0
Net assets
$104K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $7,423▲573% | $28,633▲9.3% | $104,494▼13.3% | $104,494▼13.3% | 990PF |
| 2023 | -$1,570▼136% | $26,195▼42.8% | $120,521▼8.3% | $120,521▼10.0% | 990PF |
| 2022 | $4,304▼91.1% | $45,798▲15.7% | $131,484▼35.2% | $133,894▼34.0% | 990PF |
| 2021 | $48,538▲896% | $39,576▼17.7% | $203,006▼4.6% | $203,006▼4.6% | 990PF |
| 2020 | $4,874▼62.3% | $48,113▲305% | $212,835▼12.1% | $212,835▼12.1% | 990PF |
| 2019 | $12,927▼12.0% | $11,893▼84.6% | $242,093▼1.5% | $242,093▼1.5% | 990PF |
| 2018 | $14,697▲53.8% | $77,264▲22.5% | $245,762▼38.6% | $245,762▼38.6% | 990PF |
| 2016 | $9,559▼68.9% | $63,059▲15.2% | $400,195▼4.2% | $400,195▼4.2% | 990PF |
| 2015 | $30,697▼31.1% | $54,750▲8.1% | $417,681▼12.8% | $417,681▼12.8% | 990PF |
| 2014 | $44,541▲56.9% | $50,668▼6.1% | $479,111▼8.5% | $479,111▼8.5% | 990PF |
| 2013 | $28,388 | $53,984▼12.4% | $523,653▲2.7% | $523,653▲2.7% | 990PF |
| 2012 | — | $61,608▼10.2% | $509,707▼0.8% | $509,707▼0.8% | 990PF |
| 2011 | — | $68,578▲5.8% | $514,069▼15.0% | $514,069▼15.0% | 990PF |
| 2010 | — | $64,848 | $605,006 | $605,006 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Alfred B Swanson Foundation (EIN 38-2695962) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.