Carl A Lemcool Memorial Foundation Inc
Only null% goes to programs Strong reserves
Carl A Lemcool Memorial Foundation Inc is a 501(c)(3) organization based in Traverse City, Michigan, registered in 1984, with $55,310 in FY2024 revenue. CharityIndex grades it D.
Co Aaron Mansfield, Traverse City, MI, 49686 EIN 38-2491833 Since 1984
Revenue (FY2024)
$55K
▼ 33.8% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$73K
Net assets
$1.0M
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 Carl A Lemcool Memorial Foundation Inc— 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 rating167 mo reserves · -31% 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 Carl A Lemcool Memorial Foundation Inc: 167 mo reserves · -31% 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 Carl A Lemcool Memorial Foundation Inc— 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 Carl A Lemcool Memorial Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Co Aaron Mansfield, Traverse City, MI, 49686
- City
- Traverse City
- State
- Michigan
- Subcategory
- Support Foundations & Fundraising
Financial trends
Revenue grew from $43K (FY2013) to $55K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.0M
Operating margin
-31.1%
Spent more than it raised in the latest fiscal year.
Total assets
$1.0M
Total liabilities
$0
Net assets
$1.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $55,310▼33.8% | $72,511▼33.1% | $1,008,673▲2.5% | $1,008,673▲2.5% | 990PF |
| 2023 | $83,541▼18.6% | $108,353▲73.8% | $983,777▲1.7% | $983,777▲1.7% | 990PF |
| 2022 | $102,649▲107% | $62,343▼21.4% | $967,080▼17.5% | $967,080▼17.5% | 990PF |
| 2021 | $49,613▲17.2% | $79,361▲971% | $1,172,773▲9.5% | $1,172,773▲9.5% | 990PF |
| 2020 | $42,349▼18.7% | $7,407▼80.1% | $1,070,602▲12.6% | $1,070,602▲12.6% | 990PF |
| 2018 | $52,074▲8.5% | $37,152▲357% | $950,659▼4.5% | $950,659▼4.5% | 990 |
| 2017 | $47,984▲85.0% | $8,133▼81.4% | $995,048▲9.4% | $995,048▲9.4% | 990 |
| 2016 | $25,939▼14.3% | $43,750▼11.2% | $909,276▲2.7% | $909,276▲2.7% | 990 |
| 2015 | $30,251▼24.2% | $49,289▲626% | $885,141▼6.0% | $885,141▼6.0% | 990 |
| 2014 | $39,930▼7.4% | $6,793▼42.4% | $941,791▲3.1% | $941,791▲3.1% | 990 |
| 2013 | $43,133 | $11,803▼80.3% | $913,611▲4.3% | $913,611▲4.3% | 990 |
| 2012 | — | $59,897▲640% | $875,894▼0.4% | $875,894▼0.4% | 990 |
| 2011 | — | $8,093▼86.9% | $879,537▼0.1% | $879,537▼0.1% | 990 |
| 2010 | — | $61,701 | $880,104 | $880,104 | 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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Frequently asked questions
- Is Carl A Lemcool Memorial Foundation Inc a legitimate nonprofit?
- Yes. Carl A Lemcool Memorial Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 38-2491833, based in Traverse City, Michigan. Donations are tax-deductible.
- What is Carl A Lemcool Memorial Foundation Inc's EIN?
- Carl A Lemcool Memorial Foundation Inc's Employer Identification Number (EIN) is 38-2491833.
- How much revenue does Carl A Lemcool Memorial Foundation Inc report?
- Carl A Lemcool Memorial Foundation Inc reported $55,310 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Carl A Lemcool Memorial Foundation Inc have?
- CharityIndex grades Carl A Lemcool Memorial Foundation Inc D, based on financial health (reserves and operating margin).
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Data for Carl A Lemcool Memorial Foundation Inc (EIN 38-2491833) 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.