Arthur M and Martha R Pappas Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Arthur M and Martha R Pappas Foundation is a 501(c)(3) organization based in Stoneham, Massachusetts, registered in 1989, with $733,522 in FY2023 revenue. CharityIndex grades it D.
C/o Rnlusardi CPA 271 Main Street, Stoneham, MA, 02180 EIN 22-2967957 Since 1989
Revenue (FY2023)
$734K
▼ 7.6% vs prior year
Expenses (FY2023)
$1.1M
Net assets
$16.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Arthur M and Martha R Pappas Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating182 mo reserves · -46% margin
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 Arthur M and Martha R Pappas Foundation: 182 mo reserves · -46% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Arthur M and Martha R Pappas Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
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 Arthur M and Martha R Pappas Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- C/o Rnlusardi CPA 271 Main Street, Stoneham, MA, 02180
- City
- Stoneham
- State
- Massachusetts
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $551K (FY2013) to $734K (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $16.3M
Operating margin
-46.5%
Spent more than it raised in the latest fiscal year.
Total assets
$16.3M
Total liabilities
$0
Net assets
$16.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $733,522▼7.6% | $1,074,509▼14.6% | $16,319,454▼1.8% | $16,319,454▼1.8% | 990PF |
| 2022 | $793,726▼28.7% | $1,258,454▲27.5% | $16,624,353▼4.8% | $16,624,353▼4.8% | 990PF |
| 2021 | $1,112,866▲48.9% | $986,645▼4.8% | $17,457,439▲0.7% | $17,457,439▲0.7% | 990PF |
| 2020 | $747,158▼11.8% | $1,036,549▲15.6% | $17,331,218▼1.6% | $17,331,218▼1.6% | 990PF |
| 2019 | $847,011▼3.3% | $897,053▼10.0% | $17,620,609▼0.3% | $17,620,609▼0.3% | 990PF |
| 2018 | $875,787▼23.2% | $996,206▼16.8% | $17,670,651▼0.7% | $17,670,651▼0.7% | 990PF |
| 2017 | $1,140,775▼85.1% | $1,197,980▲95.5% | $17,791,070▼0.3% | $17,791,070▼0.3% | 990PF |
| 2016 | $7,675,449▲869% | $612,905▼0.4% | $17,848,275▲65.5% | $17,848,275▲65.5% | 990PF |
| 2015 | $792,023▲1.7% | $615,340▲0.6% | $10,785,731▲1.7% | $10,785,731▲1.7% | 990PF |
| 2014 | $778,417▲41.3% | $611,898▲7.1% | $10,609,048▲1.6% | $10,609,048▲1.6% | 990PF |
| 2013 | $550,875 | $571,425▲4.9% | $10,442,529▼0.2% | $10,442,529▼0.2% | 990PF |
| 2012 | — | $544,575▲3.4% | $10,463,079 | $10,463,079 | 990PF |
| 2011 | — | $526,843▲8.4% | $10,460,149▼0.4% | $10,460,149▼0.4% | 990PF |
| 2010 | — | $486,090 | $10,501,227 | $10,501,227 | 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.
Frequently asked questions
- Is Arthur M and Martha R Pappas Foundation a legitimate nonprofit?
- Yes. Arthur M and Martha R Pappas Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 22-2967957, based in Stoneham, Massachusetts. Donations are tax-deductible.
- What is Arthur M and Martha R Pappas Foundation's EIN?
- Arthur M and Martha R Pappas Foundation's Employer Identification Number (EIN) is 22-2967957.
- How much revenue does Arthur M and Martha R Pappas Foundation report?
- Arthur M and Martha R Pappas Foundation reported $733,522 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Arthur M and Martha R Pappas Foundation have?
- CharityIndex grades Arthur M and Martha R Pappas Foundation D, based on financial health (reserves and operating margin).
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Data for Arthur M and Martha R Pappas Foundation (EIN 22-2967957) 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.