Frank Reqold & Son Foundation is a 501(c)(3) organization based in Rochester, Michigan, registered in 2006, with $14,246 in FY2025 revenue. CharityIndex grades it C+.
Revenue (FY2025)
$14K
▲ 17.9% vs prior year
Philanthropy median: $168K
Expenses (FY2025)
$5,498
Net assets
$341K
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 Frank Reqold & Son 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 Frank Reqold & Son Foundation: 743 mo reserves · +61% margin earns a B+ 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 Frank Reqold & Son 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 Frank Reqold & Son Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $11K (FY2013) to $14K (FY2025) across 13 reported years.
Financial snapshot
Operating margin
61.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$341K
Total liabilities
$0
Net assets
$341K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $14,246▲17.9% | $5,498▼58.0% | $340,584▲2.6% | $340,584▲2.6% | 990PF |
| 2024 | $12,088 | $13,096▼46.4% | $331,836▼0.3% | $331,836▼0.3% | 990PF |
| 2023 | $0▼100% | $24,414▼58.8% | $332,844▼6.8% | $332,844▼6.8% | 990PF |
| 2022 | $400,000 | $59,223 | $357,258▲2068% | $357,258▲2068% | 990PF |
| 2021 | $0 | $0▼100% | $16,481 | $16,481 | 990PF |
| 2020 | $0 | $1,820▼94.5% | $16,481▼9.9% | $16,481▼9.9% | 990PF |
| 2019 | $0 | $32,804▲11.5% | $18,301▼64.2% | $18,301▼64.2% | 990PF |
| 2018 | $0▼100% | $29,429▲32.3% | $51,105▼36.5% | $51,105▼36.5% | 990PF |
| 2017 | $100,000▲242% | $22,245▼29.2% | $80,534▲2798% | $80,534▲2798% | 990PF |
| 2016 | $29,278▲46.4% | $31,438▲86.1% | $2,779▼43.7% | $2,779▼43.7% | 990PF |
| 2015 | $20,000 | $16,895▲103% | $4,939▲169% | $4,939▲169% | 990PF |
| 2014 | $0▼100% | $8,314▲258% | $1,834▼81.9% | $1,834▼81.9% | 990PF |
| 2013 | $11,170 | $2,320▲673% | $10,148▲682% | $10,148▲682% | 990PF |
| 2012 | — | $300▼90.7% | $1,298▼18.8% | $1,298▼18.8% | 990PF |
| 2011 | — | $3,220▼83.4% | $1,598▼66.8% | $1,598▼66.8% | 990PF |
| 2010 | — | $19,445 | $4,818 | $4,818 | 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 Frank Reqold & Son Foundation (EIN 20-2376123) 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.