Edward F Redies Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Edward F Redies Foundation Inc is a 501(c)(3) organization based in Saline, Michigan, registered in 1982, with $1,698,064 in FY2024 revenue. CharityIndex grades it B.
Po Box 411, Saline, MI, 48176 EIN 38-2391326 Since 1982
Revenue (FY2024)
$1.7M
▲ 1113.2% vs prior year
Expenses (FY2024)
$335K
Net assets
$5.2M
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 Edward F Redies 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 →
B+Financial health25% of the rating186 mo reserves · +80% 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 Edward F Redies Foundation Inc: 186 mo reserves · +80% 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 Edward F Redies 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 →
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 Edward F Redies Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $369K (FY2013) to $1.7M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $5.2M
Operating margin
80.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$5.2M
Total liabilities
$0
Net assets
$5.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,698,064▲1113% | $335,091▲5.2% | $5,204,760▲35.6% | $5,204,760▲35.6% | 990PF |
| 2023 | $139,965▼28.6% | $318,441 | $3,838,511▼4.1% | $3,838,511▼4.1% | 990PF |
| 2022 | $196,127▼55.7% | $318,597▲15.4% | $4,001,341▼2.7% | $4,001,341▼2.7% | 990PF |
| 2021 | $442,895▲441% | $275,992▲19.0% | $4,111,165▲4.7% | $4,111,165▲4.6% | 990PF |
| 2020 | $81,849▼68.0% | $231,860▼13.7% | $3,926,670▼2.1% | $3,931,670▼2.0% | 990PF |
| 2019 | $255,843▼2.8% | $268,748▲2.7% | $4,012,665▲0.3% | $4,012,665▲0.3% | 990PF |
| 2018 | $263,301▲26.8% | $261,745▲0.5% | $4,001,150▲0.5% | $4,001,150▲0.5% | 990PF |
| 2017 | $207,687▲197% | $260,460▼0.3% | $3,981,413▼1.4% | $3,981,413▼1.4% | 990PF |
| 2016 | $69,828▼71.6% | $261,243▼13.6% | $4,037,394▼4.0% | $4,037,394▼4.0% | 990PF |
| 2015 | $245,882▼54.8% | $302,328▲4.7% | $4,206,984▼0.5% | $4,206,984▼0.5% | 990PF |
| 2014 | $544,017▲47.3% | $288,867▲5.5% | $4,227,748▲6.5% | $4,227,748▲6.5% | 990PF |
| 2013 | $369,420 | $273,887▲11.3% | $3,970,904▲2.9% | $3,970,904▲2.9% | 990PF |
| 2012 | — | $246,053▼1.1% | $3,860,338▲0.9% | $3,860,338▲0.9% | 990PF |
| 2011 | — | $248,696▲1.5% | $3,826,888▼0.6% | $3,826,888▼0.6% | 990PF |
| 2010 | — | $245,047 | $3,849,709 | $3,849,709 | 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.
Frequently asked questions
- Is Edward F Redies Foundation Inc a legitimate nonprofit?
- Yes. Edward F Redies Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 38-2391326, based in Saline, Michigan. Donations are tax-deductible.
- What is Edward F Redies Foundation Inc's EIN?
- Edward F Redies Foundation Inc's Employer Identification Number (EIN) is 38-2391326.
- How much revenue does Edward F Redies Foundation Inc report?
- Edward F Redies Foundation Inc reported $1,698,064 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Edward F Redies Foundation Inc have?
- CharityIndex grades Edward F Redies Foundation Inc B, based on financial health (reserves and operating margin).
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Data for Edward F Redies Foundation Inc (EIN 38-2391326) 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.