Bong P-38 Fund Incorporated
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Bong P-38 Fund Incorporated is a 501(c)(3) organization based in Superior, Wisconsin, registered in 1994, with $716,653 in FY2023 revenue. CharityIndex grades it C+.
305 Harborview Parkway, Superior, WI, 54880 EIN 39-1647421 Since 1994
Revenue (FY2023)
$717K
▲ 34.2% vs prior year
Expenses (FY2023)
$680K
Net assets
$3.8M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Bong P-38 Fund Incorporated— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating67 mo reserves · +5% 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 Bong P-38 Fund Incorporated: 67 mo reserves · +5% margin earns a B+ 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 Bong P-38 Fund Incorporated— 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 Bong P-38 Fund Incorporated: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $582K (FY2013) to $717K (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $7,424Net assets $3.8M
Operating margin
5.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.8M
Total liabilities
$7,424
Net assets
$3.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $716,653▲34.2% | $680,405▲22.6% | $3,804,870▲1.0% | $3,812,294▲0.7% | 990 |
| 2022 | $533,958▼10.4% | $554,807▲4.2% | $3,768,622▼0.6% | $3,784,179▼0.5% | 990 |
| 2021 | $596,018▼4.1% | $532,437▲3.5% | $3,789,471▲1.7% | $3,802,519▼0.7% | 990 |
| 2020 | $621,774▼8.6% | $514,628▼5.8% | $3,725,890▲3.0% | $3,829,536▼0.3% | 990 |
| 2019 | $680,299▲28.3% | $546,304▲10.1% | $3,618,744▲3.8% | $3,842,845▼1.8% | 990 |
| 2018 | $530,226▲16.9% | $496,399▼2.1% | $3,484,749▲1.0% | $3,912,900▼1.2% | 990 |
| 2017 | $453,604▲8.0% | $507,263▼5.5% | $3,450,922▼1.5% | $3,960,840▼3.1% | 990 |
| 2016 | $420,050▼9.8% | $536,930▲3.2% | $3,504,581▼3.2% | $4,086,070▼4.2% | 990 |
| 2015 | $465,506▲3.9% | $520,404▲4.7% | $3,621,461▼1.5% | $4,267,234▼3.3% | 990 |
| 2014 | $448,029▼23.1% | $497,097▼6.9% | $3,676,359▼1.3% | $4,412,740▼2.7% | 990 |
| 2013 | $582,433 | $533,986▼3.3% | $3,725,427▲1.3% | $4,535,268▼2.5% | 990 |
| 2012 | — | $552,126▲0.5% | $3,676,980▼1.6% | $4,651,287▼5.1% | 990 |
| 2011 | — | $549,636▲0.5% | $3,737,301▲9.9% | $4,898,880▼3.3% | 990 |
| 2010 | — | $546,668 | $3,401,085 | $5,064,293 | 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.
Grants received · $140K total
9 grants to Bong P-38 Fund Incorporated totaling $140K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $20,000 |
| American Online Giving Foundation Inc | General support | 2023 | $25,490 |
| Members Cooperative Credit Union | Corporate partner air show | 2022 | $15,000 |
| Members Cooperative Credit Union | Corporate partner air show | 2021 | $15,000 |
| American Gift Fund | Operations | 2020 | $5,000 |
| Members Cooperative Credit Union | Bong p-38 fund | 2019 | $15,000 |
| Members Cooperative Credit Union | Bong p-38 fund | 2018 | $15,000 |
| Members Cooperative Credit Union | General support-airshow sponsorship | 2017 | $15,000 |
| Members Cooperative Credit Union | Bong p-38 fund | 2016 | $15,000 |
Frequently asked questions
- Is Bong P-38 Fund Incorporated a legitimate nonprofit?
- Yes. Bong P-38 Fund Incorporated is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 39-1647421, based in Superior, Wisconsin. Donations are tax-deductible.
- What is Bong P-38 Fund Incorporated's EIN?
- Bong P-38 Fund Incorporated's Employer Identification Number (EIN) is 39-1647421.
- How much revenue does Bong P-38 Fund Incorporated report?
- Bong P-38 Fund Incorporated reported $716,653 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Bong P-38 Fund Incorporated have?
- CharityIndex grades Bong P-38 Fund Incorporated C+, based on financial health (reserves and operating margin).
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Explore more
Data for Bong P-38 Fund Incorporated (EIN 39-1647421) 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.