Eunice and Milton H Ring Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Eunice and Milton H Ring Foundation is a 501(c)(3) organization based in Franklin, Michigan, registered in 1958, with $179,437 in FY2024 revenue. CharityIndex grades it C+.
25665 River Dr, Franklin, MI, 48025 EIN 38-6078083 Since 1958
Revenue (FY2024)
$179K
▼ 48.6% vs prior year
Expenses (FY2024)
$147K
Net assets
$826K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Eunice and Milton H Ring Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating67 mo reserves · +18% 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 Eunice and Milton H Ring Foundation: 67 mo reserves · +18% margin earns a B+ 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 Eunice and Milton H Ring 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 Eunice and Milton H Ring 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 grew from $119K (FY2013) to $179K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $826K
Operating margin
18.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$826K
Total liabilities
$0
Net assets
$826K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $179,437▼48.6% | $146,974▼28.6% | $825,537▲4.1% | $825,537▲4.1% | 990PF |
| 2023 | $349,207▲194% | $205,770▲119% | $793,060▲22.1% | $793,060▲22.1% | 990PF |
| 2022 | $118,830▼54.6% | $93,929▲25.5% | $649,623▲4.0% | $649,623▲4.0% | 990PF |
| 2021 | $261,802▲135% | $74,821▼19.0% | $624,722▲42.7% | $624,722▲42.7% | 990PF |
| 2020 | $111,303▼26.3% | $92,398▲5.4% | $437,741▼4.4% | $437,741▼4.6% | 990PF |
| 2019 | $151,076▲308% | $87,672▲14.4% | $457,879▲15.6% | $458,878▲15.9% | 990PF |
| 2018 | $36,985▲69.5% | $76,652▼31.3% | $395,973▼9.2% | $395,973▼9.2% | 990PF |
| 2017 | $21,820▼50.8% | $111,627▲14.1% | $436,060▼17.2% | $436,060▼17.2% | 990PF |
| 2016 | $44,378▼11.3% | $97,842▼3.1% | $526,363▼9.3% | $526,363▼9.3% | 990PF |
| 2015 | $50,015▼66.7% | $100,998▼6.8% | $580,392▼8.2% | $580,392▼8.2% | 990PF |
| 2014 | $150,301▲26.4% | $108,384▼1.6% | $631,960▲6.9% | $631,960▲6.9% | 990PF |
| 2013 | $118,887 | $110,110▲64.6% | $591,027▲1.5% | $591,027▲0.9% | 990PF |
| 2012 | — | $66,877▼14.9% | $582,250▲50.4% | $586,039▲51.4% | 990PF |
| 2011 | — | $78,614▼17.8% | $387,193▼5.6% | $387,193▼5.6% | 990PF |
| 2010 | — | $95,688 | $410,158 | $410,158 | 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 Eunice and Milton H Ring Foundation a legitimate nonprofit?
- Yes. Eunice and Milton H Ring Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 38-6078083, based in Franklin, Michigan. Donations are tax-deductible.
- What is Eunice and Milton H Ring Foundation's EIN?
- Eunice and Milton H Ring Foundation's Employer Identification Number (EIN) is 38-6078083.
- How much revenue does Eunice and Milton H Ring Foundation report?
- Eunice and Milton H Ring Foundation reported $179,437 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Eunice and Milton H Ring Foundation have?
- CharityIndex grades Eunice and Milton H Ring Foundation C+, based on financial health (reserves and operating margin).
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Explore more
Data for Eunice and Milton H Ring Foundation (EIN 38-6078083) 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.