Edwin J and Ruth M Shoemaker Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Edwin J and Ruth M Shoemaker Foundation is a 501(c)(3) organization based in Detroit, Michigan, registered in 1993, with $1,228,481 in FY2023 revenue. CharityIndex grades it C+.
660 Woodward Ave Ste 2290, Detroit, MI, 48226 EIN 38-3137832 Since 1993
Revenue (FY2023)
$1.2M
▲ 48.8% vs prior year
Expenses (FY2023)
$945K
Net assets
$13.2M
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 Edwin J and Ruth M Shoemaker Foundation— 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 rating167 mo reserves · +23% 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 Edwin J and Ruth M Shoemaker Foundation: 167 mo reserves · +23% 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 Edwin J and Ruth M Shoemaker Foundation— 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 Edwin J and Ruth M Shoemaker Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $310K (FY2020) to $1.2M (FY2023) across 4 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $13.2M
Operating margin
23.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$13.2M
Total liabilities
$0
Net assets
$13.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,228,481▲48.8% | $945,289▼19.3% | $13,175,944▲2.2% | $13,175,944▲2.2% | 990PF |
| 2022 | $825,419▼45.8% | $1,171,225▲31.3% | $12,890,330▼2.6% | $12,890,330▼2.6% | 990PF |
| 2021 | $1,522,053▲390% | $891,859▲1.5% | $13,235,837▲2.5% | $13,235,837▲2.5% | 990PF |
| 2020 | $310,471 | $878,372 | $12,910,276 | $12,910,276 | 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 Edwin J and Ruth M Shoemaker Foundation a legitimate nonprofit?
- Yes. Edwin J and Ruth M Shoemaker Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 38-3137832, based in Detroit, Michigan. Donations are tax-deductible.
- What is Edwin J and Ruth M Shoemaker Foundation's EIN?
- Edwin J and Ruth M Shoemaker Foundation's Employer Identification Number (EIN) is 38-3137832.
- How much revenue does Edwin J and Ruth M Shoemaker Foundation report?
- Edwin J and Ruth M Shoemaker Foundation reported $1,228,481 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Edwin J and Ruth M Shoemaker Foundation have?
- CharityIndex grades Edwin J and Ruth M Shoemaker Foundation C+, based on financial health (reserves and operating margin).
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Data for Edwin J and Ruth M Shoemaker Foundation (EIN 38-3137832) 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.