Forty-one Foundation is a 501(c)(3) organization based in Greenville, Delaware, registered in 2015, with $18,063 in FY2025 revenue. CharityIndex grades it F.
Revenue (FY2025)
$18K
▼ 38.8% vs prior year
Philanthropy median: $168K
Expenses (FY2025)
$35K
Net assets
$318K
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 Forty-one Foundation— 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 Forty-one Foundation: 110 mo reserves · -92% 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 Forty-one Foundation— 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 Forty-one Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $214K (FY2016) to $18K (FY2025) across 10 reported years.
Financial snapshot
Operating margin
-92.0%
Spent more than it raised in the latest fiscal year.
Total assets
$318K
Total liabilities
$0
Net assets
$318K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $18,063▼38.8% | $34,676▲197% | $317,860▼5.0% | $317,860▼5.0% | 990PF |
| 2024 | $29,520▲174% | $11,673▼39.4% | $334,473▲5.6% | $334,473▲5.6% | 990PF |
| 2023 | $10,758▲425% | $19,272▼31.2% | $316,626▼2.6% | $316,626▼2.6% | 990PF |
| 2022 | $2,049▼86.4% | $28,016▼22.0% | $325,140▼7.4% | $325,140▼7.4% | 990PF |
| 2021 | $15,068▼27.0% | $35,925▲45.2% | $351,107▼5.6% | $351,107▼5.6% | 990PF |
| 2020 | $20,645▲18.7% | $24,749▼25.2% | $371,964▼1.1% | $371,964▼1.1% | 990PF |
| 2019 | $17,390▼46.2% | $33,108▲30.5% | $376,068▼3.9% | $376,068▼3.9% | 990PF |
| 2018 | $32,296▲83.5% | $25,379▲2.1% | $391,296▲1.8% | $391,296▲1.8% | 990PF |
| 2017 | $17,600▼91.8% | $24,865▼4.6% | $384,379▼1.9% | $384,379▼1.9% | 990PF |
| 2016 | $213,847 | $26,063 | $391,644 | $391,644 | 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 Forty-one Foundation (EIN 38-7127320) 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.