Ersa L Rice Educational Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Ersa L Rice Educational Foundation is a 501(c)(3) organization based in Milwaukee, Wisconsin, registered in 1986, with $19,369 in FY2024 revenue. CharityIndex grades it F.
Po Box 634, Milwaukee, WI, 53201 EIN 43-6309301 Since 1986
Revenue (FY2024)
$19K
▲ 7.0% vs prior year
Expenses (FY2024)
$49K
Net assets
$621K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Ersa L Rice Educational Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating153 mo reserves · -152% 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 Ersa L Rice Educational Foundation: 153 mo reserves · -152% margin earns a F 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 Ersa L Rice Educational 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 Ersa L Rice Educational 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 declined from $132K (FY2013) to $19K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $621K
Operating margin
-151.9%
Spent more than it raised in the latest fiscal year.
Total assets
$621K
Total liabilities
$0
Net assets
$621K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $19,369▲7.0% | $48,785▲285% | $621,389▼4.5% | $621,389▼4.5% | 990PF |
| 2023 | $18,108▼11.1% | $12,655▼83.9% | $650,807▲0.8% | $650,807▲0.8% | 990PF |
| 2022 | $20,376▼30.2% | $78,521▲63.0% | $645,352▼8.3% | $645,352▼8.3% | 990PF |
| 2021 | $29,204▼82.3% | $48,184▲271% | $703,503▼2.6% | $703,503▼2.6% | 990PF |
| 2020 | $164,632▲237% | $12,998▼71.3% | $722,486▲26.6% | $722,486▲26.6% | 990PF |
| 2019 | $48,888▲105% | $45,343▲4.6% | $570,852▲0.6% | $570,852▲0.6% | 990PF |
| 2018 | $23,888▼24.4% | $43,368▲7.2% | $567,438▼3.3% | $567,438▼3.3% | 990PF |
| 2017 | $31,581▲46.5% | $40,467▲21.3% | $586,919▼1.5% | $586,919▼1.5% | 990PF |
| 2016 | $21,564▲2.6% | $33,368▲3.6% | $595,777▼1.9% | $595,777▼1.9% | 990PF |
| 2015 | $21,021▼35.3% | $32,224▼48.5% | $607,607▼1.9% | $607,607▼2.0% | 990PF |
| 2014 | $32,495▼75.3% | $62,599▲201% | $619,587▼4.6% | $619,727▼4.7% | 990PF |
| 2013 | $131,669 | $20,824 | $649,695 | $650,050 | 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 Ersa L Rice Educational Foundation a legitimate nonprofit?
- Yes. Ersa L Rice Educational Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 43-6309301, based in Milwaukee, Wisconsin. Donations are tax-deductible.
- What is Ersa L Rice Educational Foundation's EIN?
- Ersa L Rice Educational Foundation's Employer Identification Number (EIN) is 43-6309301.
- How much revenue does Ersa L Rice Educational Foundation report?
- Ersa L Rice Educational Foundation reported $19,369 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Ersa L Rice Educational Foundation have?
- CharityIndex grades Ersa L Rice Educational Foundation F, based on financial health (reserves and operating margin).
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Data for Ersa L Rice Educational Foundation (EIN 43-6309301) 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.