Employer-contribution Veba Trust For Franklin & Marshall College is a 501(c)(9) organization based in Clinton, Iowa, registered in 2015, with $407,509 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$408K
▼ 1.4% vs prior year
Membership median: $185K
Expenses (FY2023)
$200K
Net assets
$2.0M
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 Employer-contribution Veba Trust For Franklin & Marshall College— 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 Employer-contribution Veba Trust For Franklin & Marshall College: 121 mo reserves · +51% margin earns a B+ 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 Employer-contribution Veba Trust For Franklin & Marshall College— 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 Employer-contribution Veba Trust For Franklin & Marshall College: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $311K (FY2014) to $408K (FY2023) across 10 reported years.
Financial snapshot
Operating margin
51.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.0M
Total liabilities
$0
Net assets
$2.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $407,509▼1.4% | $199,590▲3.5% | $2,016,196▲24.4% | $2,016,196▲24.4% | 990 |
| 2022 | $413,381▼0.5% | $192,886▲26.3% | $1,620,156▼6.0% | $1,620,156▼6.0% | 990 |
| 2021 | $415,257▲42.0% | $152,700▲19.7% | $1,724,220▲19.7% | $1,724,220▲19.7% | 990 |
| 2020 | $292,349▲18.2% | $127,596▲30.7% | $1,440,954▲23.2% | $1,440,954▲23.2% | 990 |
| 2019 | $247,409▲29.4% | $97,617▲50.6% | $1,169,982▲33.7% | $1,169,982▲33.7% | 990 |
| 2018 | $191,144▲105% | $64,812▲56.4% | $875,176▲0.1% | $875,176▲0.1% | 990 |
| 2017 | $93,058▲3.1% | $41,428▲45.1% | $874,641▲20.4% | $874,641▲20.4% | 990 |
| 2016 | $90,270▼55.0% | $28,548▲85.9% | $726,224▲12.9% | $726,224▲12.9% | 990 |
| 2015 | $200,562▼35.4% | $15,356▲159% | $643,027▲30.0% | $643,027▲30.0% | 990 |
| 2014 | $310,584 | $5,934 | $494,659 | $494,659 | 990 |
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 Employer-contribution Veba Trust For Franklin & Marshall College (EIN 30-6380369) 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.