Eric R Tarmey Memorial Foundation Inc is a 501(c)(3) organization based in Lighthouse Pt, Florida, registered in 2018, with $63,912 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$64K
▲ 76.4% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$113K
Net assets
$793K
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 Eric R Tarmey Memorial 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 →
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 Eric R Tarmey Memorial Foundation Inc: 84 mo reserves · -78% 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 Eric R Tarmey Memorial 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 →
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 Eric R Tarmey Memorial Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $36K (FY2019) to $64K (FY2024) across 6 reported years.
Financial snapshot
Operating margin
-77.6%
Spent more than it raised in the latest fiscal year.
Total assets
$793K
Total liabilities
$0
Net assets
$793K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $63,912▲76.4% | $113,477▲125% | $793,291▼5.9% | $793,291▼5.9% | 990PF |
| 2023 | $36,232▼12.4% | $50,333▼48.6% | $842,856▼1.6% | $842,856▼1.6% | 990PF |
| 2022 | $41,377▼41.7% | $97,953▲17.9% | $856,957▼6.2% | $856,957▼6.2% | 990PF |
| 2021 | $70,968▲323% | $83,049▲76.4% | $913,533▼1.3% | $913,533▼1.3% | 990PF |
| 2020 | $16,790▼52.9% | $47,084▼21.5% | $925,614▼3.2% | $925,614▼3.2% | 990PF |
| 2019 | $35,651 | $60,016 | $955,908 | $955,908 | 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 Eric R Tarmey Memorial Foundation Inc (EIN 82-1498222) 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.