Edward G Reynolds Charitable Foundation Inc
Only null% goes to programs Strong reserves Growing revenue
Edward G Reynolds Charitable Foundation Inc is a 501(c)(3) organization based in Florence, Kentucky, registered in 2017, with $3,122,775 in FY2024 revenue. CharityIndex grades it C+.
7791 Dixie Highway, Florence, KY, 41042 EIN 82-1973471 Since 2017
Revenue (FY2024)
$3.1M
▲ 32581.5% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$402K
Net assets
$7.5M
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 Edward G Reynolds Charitable 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 rating223 mo reserves · +87% 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 G Reynolds Charitable Foundation Inc: 223 mo reserves · +87% 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 G Reynolds Charitable 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 Edward G Reynolds Charitable Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 7791 Dixie Highway, Florence, KY, 41042
- City
- Florence
- State
- Kentucky
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $826K (FY2018) to $3.1M (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $7.5M
Operating margin
87.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$7.5M
Total liabilities
$0
Net assets
$7.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,122,775▲32582% | $401,728▼3.4% | $7,458,229▲71.8% | $7,458,229▲71.8% | 990PF |
| 2023 | -$9,614▼101% | $415,905▼39.4% | $4,342,204▼4.6% | $4,342,204▼4.6% | 990PF |
| 2022 | $1,526,052▲49.6% | $686,337▲288% | $4,550,844▲20.3% | $4,550,844▲20.3% | 990PF |
| 2021 | $1,020,016▼1.8% | $177,071▲14.7% | $3,782,675▲30.2% | $3,782,675▲30.2% | 990PF |
| 2020 | $1,038,795▼8.0% | $154,403▲34.6% | $2,904,293▲44.1% | $2,904,293▲44.1% | 990PF |
| 2019 | $1,128,974▲36.7% | $114,735▲359% | $2,015,289▲101% | $2,015,289▲101% | 990PF |
| 2018 | $826,000 | $25,000 | $1,001,050 | $1,001,050 | 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.
Similar organizations in Philanthropy
Compare Edward G Reynolds Charitable Foundation Inc
Frequently asked questions
- Is Edward G Reynolds Charitable Foundation Inc a legitimate nonprofit?
- Yes. Edward G Reynolds Charitable Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 82-1973471, based in Florence, Kentucky. Donations are tax-deductible.
- What is Edward G Reynolds Charitable Foundation Inc's EIN?
- Edward G Reynolds Charitable Foundation Inc's Employer Identification Number (EIN) is 82-1973471.
- How much revenue does Edward G Reynolds Charitable Foundation Inc report?
- Edward G Reynolds Charitable Foundation Inc reported $3,122,775 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Edward G Reynolds Charitable Foundation Inc have?
- CharityIndex grades Edward G Reynolds Charitable Foundation Inc C+, based on financial health (reserves and operating margin).
More nonprofits in Florence
Explore more
Data for Edward G Reynolds Charitable Foundation Inc (EIN 82-1973471) 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.