Blackford-grant Hud IV is a 501(c)(3) organization based in Marion, Indiana, registered in 1997, with $340,076 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$340K
▲ 127.7% vs prior year
Housing median: $408K
Expenses (FY2024)
$258K
Net assets
-$798K
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 Blackford-grant Hud IV— 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 Blackford-grant Hud IV: 0 mo reserves · +24% 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 Blackford-grant Hud IV— 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 Blackford-grant Hud IV: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $104K (FY2013) to $340K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
24.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$516K
Total liabilities
$1.3M
Net assets
-$798K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $340,076▲128% | $257,764▲31.0% | -$797,780▲9.4% | $516,105▲1.2% | 990 |
| 2023 | $149,375▼45.0% | $196,805▼3.9% | -$880,092▼5.7% | $509,976▼5.0% | 990 |
| 2022 | $271,422▲84.1% | $204,719▼0.1% | -$832,662▲7.4% | $536,610▼7.9% | 990 |
| 2021 | $147,403▲7.3% | $204,833▲19.3% | -$899,365▼6.8% | $582,616▼6.2% | 990 |
| 2020 | $137,404▼0.9% | $171,686▼3.0% | -$841,935▼4.2% | $621,217▼4.0% | 990 |
| 2019 | $138,710▲36.5% | $177,080▲0.5% | -$807,653▼5.0% | $646,848▼4.1% | 990 |
| 2018 | $101,631▼5.3% | $176,235▲7.9% | -$769,283▼10.7% | $674,821▼4.9% | 990 |
| 2017 | $107,346▲3.9% | $163,320▲8.4% | -$694,679▼8.8% | $709,857▼4.2% | 990 |
| 2016 | $103,304▼6.0% | $150,652 | -$638,705▼8.0% | $740,603▼5.0% | 990 |
| 2015 | $109,949▲4.9% | $150,687▼0.7% | -$591,357▼7.4% | $779,512▼2.6% | 990 |
| 2014 | $104,852▲1.3% | $151,697▲7.8% | -$550,619▼9.3% | $800,172▼3.5% | 990 |
| 2013 | $103,507 | $140,694▲6.5% | -$503,774▼8.0% | $828,884▼3.1% | 990 |
| 2012 | — | $132,055▲2.3% | -$466,587▼5.7% | $855,336▼2.5% | 990 |
| 2011 | — | $129,099▼1.9% | -$441,356▼5.6% | $877,291▼8.0% | 990 |
| 2010 | — | $131,634 | -$417,774 | $953,675 | 990 |
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 Blackford-grant Hud IV (EIN 35-2026856) 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.