Ed & Irene Fleis Education Fund Inc
Only null% goes to programs Strong reserves Declining revenue
Ed & Irene Fleis Education Fund Inc is a 501(c)(3) organization based in Grand Rapids, Michigan, registered in 2005, with $226,118 in FY2024 revenue. CharityIndex grades it C+.
10944 Linden Dr Nw, Grand Rapids, MI, 49534 EIN 20-0302442 Since 2005
Revenue (FY2024)
$226K
▲ 31.8% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$116K
Net assets
$1.4M
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 Ed & Irene Fleis Education 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 rating150 mo reserves · +49% 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 Ed & Irene Fleis Education Fund Inc: 150 mo reserves · +49% 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 Ed & Irene Fleis Education 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 →
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 Ed & Irene Fleis Education Fund Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 10944 Linden Dr Nw, Grand Rapids, MI, 49534
- City
- Grand Rapids
- State
- Michigan
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $100K (FY2013) to $226K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $641Net assets $1.4M
Operating margin
48.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.5M
Total liabilities
$641
Net assets
$1.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $226,118▲31.8% | $116,343▼4.7% | $1,449,629▲8.0% | $1,450,270▲8.0% | 990PF |
| 2023 | $171,558▲14.3% | $122,047▲15.4% | $1,342,187▲5.2% | $1,342,601▲4.7% | 990PF |
| 2022 | $150,036▼47.2% | $105,742▲26.7% | $1,276,158▼11.0% | $1,282,915▼11.2% | 990PF |
| 2021 | $284,054▲21.6% | $83,469▲19.5% | $1,434,022▲16.7% | $1,444,772▲17.3% | 990PF |
| 2020 | $233,530▲33.8% | $69,864▼13.6% | $1,228,932▲19.9% | $1,231,632▲20.1% | 990PF |
| 2019 | $174,524▼2.7% | $80,892▲30.8% | $1,025,274▲21.9% | $1,025,274▲21.9% | 990PF |
| 2018 | $179,361▲39.4% | $61,828▲12.4% | $841,211▲5.5% | $841,211▲5.5% | 990PF |
| 2017 | $128,624▼13.5% | $54,988▲6.6% | $797,328▲18.9% | $797,328▲18.9% | 990PF |
| 2016 | $148,738▲44.5% | $51,604▲18.5% | $670,578▲14.2% | $670,578▲14.2% | 990PF |
| 2015 | $102,915▲3.4% | $43,530▲21.6% | $587,260▲8.4% | $587,260▲8.4% | 990PF |
| 2014 | $99,547▼0.9% | $35,803▲12.4% | $541,619▲18.3% | $541,619▲18.3% | 990PF |
| 2013 | $100,497 | $31,849 | $457,915 | $457,915 | 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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Frequently asked questions
- Is Ed & Irene Fleis Education Fund Inc a legitimate nonprofit?
- Yes. Ed & Irene Fleis Education Fund Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 20-0302442, based in Grand Rapids, Michigan. Donations are tax-deductible.
- What is Ed & Irene Fleis Education Fund Inc's EIN?
- Ed & Irene Fleis Education Fund Inc's Employer Identification Number (EIN) is 20-0302442.
- How much revenue does Ed & Irene Fleis Education Fund Inc report?
- Ed & Irene Fleis Education Fund Inc reported $226,118 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Ed & Irene Fleis Education Fund Inc have?
- CharityIndex grades Ed & Irene Fleis Education Fund Inc C+, based on financial health (reserves and operating margin).
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Data for Ed & Irene Fleis Education Fund Inc (EIN 20-0302442) 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.