Forty-four Corporation Inc
501(c)(2)
Only null% goes to programs Thin reserves
Forty-four Corporation Inc is a 501(c)(2) organization based in Toledo, Ohio, registered in 1969, with $798,383 in FY2025 revenue. CharityIndex grades it D.
435 S Hawley St, Toledo, OH, 43609 EIN 34-6524770 Since 1969
Revenue (FY2025)
$798K
▼ 17.9% vs prior year
Expenses (FY2025)
$819K
Net assets
-$164K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 Forty-four Corporation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · -3% 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 Forty-four Corporation Inc: 0 mo reserves · -3% margin earns a D 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 Forty-four Corporation Inc— 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 Forty-four Corporation Inc: 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 $683K (FY2013) to $798K (FY2025) across 13 reported years.
Financial snapshot
Financial health & position (FY2025)
Liabilities $218KNet assets -$164K
Operating margin
-2.6%
Spent more than it raised in the latest fiscal year.
Total assets
$54K
Total liabilities
$218K
Net assets
-$164K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $798,383▼17.9% | $819,273▼13.5% | -$164,104▼14.6% | $54,280▼30.1% | 990 |
| 2024 | $972,132▲9.1% | $946,655▲5.6% | -$143,214▲15.1% | $77,671▲57.1% | 990 |
| 2023 | $890,744▲1.0% | $896,308▲0.8% | -$168,691▼3.4% | $49,426▼35.4% | 990 |
| 2022 | $882,151▲40.7% | $889,599▲37.8% | -$163,127▼4.8% | $76,543▲23.1% | 990 |
| 2021 | $626,841▼3.2% | $645,487▲3.1% | -$155,679▼13.6% | $62,169▼22.6% | 990 |
| 2020 | $647,615▼3.7% | $626,018▼10.0% | -$137,033▲13.6% | $80,360▲36.2% | 990 |
| 2019 | $672,513▼8.5% | $695,655▼5.6% | -$158,630▼17.1% | $59,016▼30.4% | 990 |
| 2018 | $734,964▼8.0% | $737,229▼8.3% | -$135,488▼1.7% | $84,827▼2.8% | 990 |
| 2017 | $799,010▲12.7% | $804,241▲14.3% | -$133,223▼4.1% | $87,247▼2.4% | 990 |
| 2016 | $709,063▼0.1% | $703,601▲0.1% | -$127,992▲4.1% | $89,421▲6.4% | 990 |
| 2015 | $709,441▲13.6% | $702,775▲8.8% | -$133,454▲4.8% | $84,068▲6.5% | 990 |
| 2014 | $624,722▼8.5% | $645,683▼7.2% | -$140,121▼17.6% | $78,916▼19.8% | 990 |
| 2013 | $682,673 | $695,938▼11.0% | -$119,160▼12.5% | $98,360▼10.7% | 990 |
| 2012 | — | $782,073▲0.4% | -$105,895▲27.8% | $110,105▲45.6% | 990 |
| 2011 | — | $778,649▼1.2% | -$146,659▼56.2% | $75,605▼41.3% | 990 |
| 2010 | — | $788,382 | -$93,886 | $128,741 | 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.
Frequently asked questions
- Is Forty-four Corporation Inc a legitimate nonprofit?
- Yes. Forty-four Corporation Inc is a 501(c)(2) organization registered with the U.S. Internal Revenue Service under EIN 34-6524770, based in Toledo, Ohio.
- What is Forty-four Corporation Inc's EIN?
- Forty-four Corporation Inc's Employer Identification Number (EIN) is 34-6524770.
- How much revenue does Forty-four Corporation Inc report?
- Forty-four Corporation Inc reported $798,383 in total revenue on its fiscal year 2025 IRS Form 990 filing.
- What financial grade does Forty-four Corporation Inc have?
- CharityIndex grades Forty-four Corporation Inc D, based on financial health (reserves and operating margin).
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Data for Forty-four Corporation Inc (EIN 34-6524770) 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.