Brendan D Downey Memorial Fund is a 501(c)(3) organization based in Concord, North Carolina, registered in 2019, with $1,426 in FY2025 revenue. CharityIndex grades it D.
Revenue (FY2025)
$1,426
▼ 33.5% vs prior year
Education median: $200K
Expenses (FY2025)
$12K
Net assets
$18K
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 Brendan D Downey Memorial Fund— 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 Brendan D Downey Memorial Fund: 18 mo reserves · -733% 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 Brendan D Downey Memorial Fund— 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 Brendan D Downey Memorial Fund: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $31K (FY2019) to $1,426 (FY2025) across 7 reported years.
Financial snapshot
Operating margin
-732.5%
Spent more than it raised in the latest fiscal year.
Total assets
$18K
Total liabilities
$0
Net assets
$18K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $1,426▼33.5% | $11,872▼1.8% | $17,932▼36.8% | $17,932▼36.8% | 990EZ |
| 2024 | $2,145▼25.7% | $12,092▲30.0% | $28,378▼26.0% | $28,378▼26.0% | 990EZ |
| 2023 | $2,886▼79.6% | $9,303▲37.6% | $38,325▼18.0% | $38,325▼18.0% | 990EZ |
| 2022 | $14,171▲20.7% | $6,762▲27.2% | $46,724▲18.8% | $46,724▲18.8% | 990EZ |
| 2021 | $11,738▲66.2% | $5,314▲10.9% | $39,315▲19.5% | $39,315▲19.5% | 990EZ |
| 2020 | $7,062▼77.4% | $4,790▼67.9% | $32,891▲7.4% | $32,891▲7.4% | 990EZ |
| 2019 | $31,189 | $14,934 | $30,619 | $30,619 | 990EZ |
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 Brendan D Downey Memorial Fund (EIN 83-0531336) 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.