David C Petrick and Ellen R Petrick Foundation is a 501(c)(3) organization based in Frankfort, Michigan, registered in 2000, with $970,152 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$970K
▲ 278.9% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$2.6M
Net assets
$8.0M
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 David C Petrick and Ellen R Petrick Foundation— 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 David C Petrick and Ellen R Petrick Foundation: 37 mo reserves · -167% 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 David C Petrick and Ellen R Petrick Foundation— 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 David C Petrick and Ellen R Petrick Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $1.9M (FY2014) to $970K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
-166.5%
Spent more than it raised in the latest fiscal year.
Total assets
$8.0M
Total liabilities
$0
Net assets
$8.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $970,152▲279% | $2,585,703▲272% | $7,984,719▼17.0% | $7,984,719▼17.0% | 990PF |
| 2023 | $256,034▲609% | $695,028▼3.6% | $9,621,340▼4.3% | $9,621,340▼4.3% | 990PF |
| 2022 | -$50,266▼123% | $721,166▲1.7% | $10,050,992▼7.2% | $10,050,992▼7.2% | 990PF |
| 2021 | $222,466▼19.7% | $709,322▲7.5% | $10,834,628▼4.3% | $10,834,628▼4.3% | 990PF |
| 2020 | $277,073▼90.5% | $659,837▼0.9% | $11,322,301▼3.7% | $11,322,301▼3.7% | 990PF |
| 2019 | $2,928,927▲23.1% | $665,609▲5.3% | $11,753,064▲23.2% | $11,753,064▲23.2% | 990PF |
| 2018 | $2,379,892▲563% | $632,254▲12.7% | $9,541,639▲8.7% | $9,541,639▲8.7% | 990PF |
| 2017 | $359,050▲18.0% | $560,936▲5.0% | $8,781,443▼2.2% | $8,781,443▼2.2% | 990PF |
| 2016 | $304,368▲64.3% | $534,165▼0.5% | $8,983,478▼2.5% | $8,983,478▼2.5% | 990PF |
| 2015 | $185,196▼90.4% | $536,978▼1.4% | $9,213,275▼3.7% | $9,213,275▼3.7% | 990PF |
| 2014 | $1,925,540 | $544,792 | $9,564,971 | $9,564,971 | 990PF |
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 David C Petrick and Ellen R Petrick Foundation (EIN 36-4281619) 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.