Elizabeth T Heim and Margaret L Rigby Memorial Fund is a 501(c)(3) organization based in Dallas, Texas, registered in 2017, with $217,237 in FY2023 revenue. CharityIndex grades it F.
Revenue (FY2023)
$217K
▼ 28.2% vs prior year
Expenses (FY2023)
$378K
Net assets
$4.4M
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 Elizabeth T Heim and Margaret L Rigby Memorial Fund— 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 Elizabeth T Heim and Margaret L Rigby Memorial Fund: 141 mo reserves · -74% 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 Elizabeth T Heim and Margaret L Rigby Memorial Fund— 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 Elizabeth T Heim and Margaret L Rigby Memorial Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $199K (FY2017) to $217K (FY2023) across 7 reported years.
Financial snapshot
Operating margin
-73.9%
Spent more than it raised in the latest fiscal year.
Total assets
$4.4M
Total liabilities
$0
Net assets
$4.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $217,237▼28.2% | $377,753▲1.1% | $4,436,756▼3.5% | $4,436,756▼3.5% | 990PF |
| 2022 | $302,365▼9.7% | $373,609▼18.0% | $4,598,103▼1.6% | $4,598,103▼1.6% | 990PF |
| 2021 | $334,866▲83.0% | $455,759▲33.8% | $4,671,874▼2.5% | $4,671,874▼2.5% | 990PF |
| 2020 | $182,980▼26.7% | $340,649▼17.8% | $4,793,780▼3.2% | $4,793,780▼3.2% | 990PF |
| 2019 | $249,715▼6.4% | $414,557▲29.8% | $4,954,703▼3.2% | $4,954,703▼3.2% | 990PF |
| 2018 | $266,689▲33.9% | $319,389▼9.8% | $5,120,327▼1.4% | $5,120,327▼1.4% | 990PF |
| 2017 | $199,124 | $354,080 | $5,194,634 | $5,194,634 | 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 Elizabeth T Heim and Margaret L Rigby Memorial Fund (EIN 30-6421375) 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.