Frankfort-elberta Area Schools Educational Foundation
Only null% goes to programs Strong reserves Growing revenue
Frankfort-elberta Area Schools Educational Foundation is a 501(c)(3) organization based in Frankfort, Michigan, registered in 1996, with $273,215 in FY2024 revenue. CharityIndex grades it C+.
Po Box 1044, Frankfort, MI, 49635 EIN 38-3006011 Since 1996
Revenue (FY2024)
$273K
▲ 298.3% vs prior year
Education median: $200K
Expenses (FY2024)
$53K
Net assets
$593K
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 Frankfort-elberta Area Schools 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 →
B+Financial health25% of the rating134 mo reserves · +81% 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 Frankfort-elberta Area Schools Educational Foundation: 134 mo reserves · +81% 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 Frankfort-elberta Area Schools 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 Frankfort-elberta Area Schools Educational Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 1044, Frankfort, MI, 49635
- City
- Frankfort
- State
- Michigan
- Category
- Education
- Subcategory
- Student Services & Aid
Financial trends
Revenue grew from $14K (FY2013) to $273K (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $593K
Operating margin
80.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$593K
Total liabilities
$0
Net assets
$593K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $273,215▲298% | $53,086▲192% | $593,124▲58.7% | $593,124▲58.7% | 990 |
| 2023 | $68,594▲183% | $18,193▲14.5% | $373,705▲22.0% | $373,705▲22.0% | 990EZ |
| 2022 | $24,246▼11.0% | $15,888▲54.9% | $306,314▼4.7% | $306,314▼4.7% | 990EZ |
| 2021 | $27,238▲91.3% | $10,254▲35.3% | $321,298▲11.3% | $321,298▲11.3% | 990EZ |
| 2020 | $14,240▲0.8% | $7,576▼18.2% | $288,780▲7.2% | $288,780▲7.2% | 990EZ |
| 2019 | $14,131▼0.9% | $9,262▼51.0% | $269,403▲7.8% | $269,403▲7.8% | 990EZ |
| 2018 | $14,261▲1.1% | $18,916▲15.5% | $249,940▲2.0% | $249,940▲2.0% | 990EZ |
| 2015 | $14,109▲5.0% | $16,372▲30.9% | $245,071▼1.5% | $245,071▼1.5% | 990EZ |
| 2014 | $13,440▼6.5% | $12,506▼7.1% | $248,746▲1.8% | $248,746▲1.8% | 990EZ |
| 2013 | $14,376 | $13,469 | $244,352 | $244,352 | 990EZ |
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.
Grants received · $190K total
7 grants to Frankfort-elberta Area Schools Educational Foundation totaling $190K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Community Foundation For Southeast Michigan | Education | 2024 | $100,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2024 | $25,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $5,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2023 | $25,000 |
| Donor Advised Charitable Giving | Education | 2023 | $10,000 |
| Donor Advised Charitable Giving | Education | 2020 | $12,500 |
| Donor Advised Charitable Giving | Education | 2020 | $12,500 |
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Frequently asked questions
- Is Frankfort-elberta Area Schools Educational Foundation a legitimate nonprofit?
- Yes. Frankfort-elberta Area Schools Educational Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 38-3006011, based in Frankfort, Michigan. Donations are tax-deductible.
- What is Frankfort-elberta Area Schools Educational Foundation's EIN?
- Frankfort-elberta Area Schools Educational Foundation's Employer Identification Number (EIN) is 38-3006011.
- How much revenue does Frankfort-elberta Area Schools Educational Foundation report?
- Frankfort-elberta Area Schools Educational Foundation reported $273,215 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Frankfort-elberta Area Schools Educational Foundation have?
- CharityIndex grades Frankfort-elberta Area Schools Educational Foundation C+, based on financial health (reserves and operating margin).
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Data for Frankfort-elberta Area Schools Educational Foundation (EIN 38-3006011) 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.