Colleen E Ritzer Memorial Fund Inc
Only null% goes to programs Strong reserves Declining revenue
Colleen E Ritzer Memorial Fund Inc is a 501(c)(3) organization based in Andover, Massachusetts, registered in 2020, with $283,492 in FY2023 revenue. CharityIndex grades it B.
5 Dascomb Rd, Andover, MA, 01810 EIN 85-0659010 Since 2020
Revenue (FY2023)
$283K
▼ 53.6% vs prior year
Education median: $200K
Expenses (FY2023)
$114K
Net assets
$2.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—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 Colleen E Ritzer Memorial Fund Inc— 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 rating206 mo reserves · +60% 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 Colleen E Ritzer Memorial Fund Inc: 206 mo reserves · +60% 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 Colleen E Ritzer Memorial Fund Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Colleen E Ritzer Memorial Fund Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 5 Dascomb Rd, Andover, MA, 01810
- City
- Andover
- State
- Massachusetts
- Category
- Education
- Subcategory
- Student Services & Aid
- Website
- …
Financial trends
Revenue declined from $1.2M (FY2020) to $283K (FY2023) across 4 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $295Net assets $2.0M
Operating margin
59.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.0M
Total liabilities
$295
Net assets
$2.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $283,492▼53.6% | $114,058▲9.3% | $1,954,330▲16.4% | $1,954,625▲16.5% | 990 |
| 2022 | $611,134▲228% | $104,400▲18.4% | $1,678,408▲48.4% | $1,678,408▲48.3% | 990 |
| 2021 | $186,322▼85.0% | $88,164▲30.3% | $1,130,782▼7.4% | $1,131,497▼8.8% | 990 |
| 2020 | $1,243,151 | $67,644 | $1,220,580 | $1,240,309 | 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 Colleen E Ritzer Memorial Fund Inc a legitimate nonprofit?
- Yes. Colleen E Ritzer Memorial Fund Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 85-0659010, based in Andover, Massachusetts. Donations are tax-deductible.
- What is Colleen E Ritzer Memorial Fund Inc's EIN?
- Colleen E Ritzer Memorial Fund Inc's Employer Identification Number (EIN) is 85-0659010.
- How much revenue does Colleen E Ritzer Memorial Fund Inc report?
- Colleen E Ritzer Memorial Fund Inc reported $283,492 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Colleen E Ritzer Memorial Fund Inc have?
- CharityIndex grades Colleen E Ritzer Memorial Fund Inc B, based on financial health (reserves and operating margin).
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Data for Colleen E Ritzer Memorial Fund Inc (EIN 85-0659010) 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.