Elmira L Rhein Foundation is a 501(c)(3) organization based in Troy, Michigan, registered in 2007, with $42,389 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$42K
▲ 6.6% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$87K
Net assets
$802K
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 Elmira L Rhein Foundation— 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 Elmira L Rhein Foundation: 111 mo reserves · -104% 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 Elmira L Rhein Foundation— 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 Elmira L Rhein Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $41K (FY2013) to $42K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-104.5%
Spent more than it raised in the latest fiscal year.
Total assets
$848K
Total liabilities
$46K
Net assets
$802K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $42,389▲6.6% | $86,673▲49.9% | $801,534▼8.8% | $847,616▼8.2% | 990PF |
| 2023 | $39,747▲62.8% | $57,805▼31.3% | $878,560▲6.3% | $923,619▲5.5% | 990PF |
| 2022 | $24,417▼68.7% | $84,103▲42.5% | $826,193▼19.1% | $875,622▼18.1% | 990PF |
| 2021 | $77,924▲495% | $59,016▲2.1% | $1,021,787▲35.4% | $1,069,206▲34.3% | 990PF |
| 2020 | $13,087▼89.2% | $57,774▼8.4% | $754,513▼13.4% | $796,123▼13.1% | 990PF |
| 2019 | $120,876▲157% | $63,085▼1.9% | $870,761▲13.2% | $916,221▲12.1% | 990PF |
| 2018 | $46,948▲495% | $64,280▼1.3% | $768,928▼21.9% | $817,688▼20.9% | 990PF |
| 2017 | -$11,897▼163% | $65,124▲6.8% | $984,615▲10.0% | $1,034,025▲9.9% | 990PF |
| 2016 | $18,757▲496% | $61,005▲1.4% | $895,364▲6.8% | $940,689▲6.4% | 990PF |
| 2015 | -$4,735▼117% | $60,137▼6.2% | $838,674▼8.0% | $883,839▼7.8% | 990PF |
| 2014 | $27,440▼33.1% | $64,134▲3.6% | $911,315▲0.3% | $958,415▲0.7% | 990PF |
| 2013 | $40,999 | $61,923▼6.9% | $908,904▲1.2% | $951,944▲0.7% | 990PF |
| 2012 | — | $66,524▲10.1% | $898,562▲4.7% | $944,992▲5.3% | 990PF |
| 2011 | — | $60,431▲17.1% | $858,245▼3.9% | $897,245▼4.0% | 990PF |
| 2010 | — | $51,610 | $893,436 | $934,936 | 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 Elmira L Rhein Foundation (EIN 02-0680114) 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.