Fred & Irene Michel Charit Tua 5001100 0386490 is a 501(c)(3) organization based in Dallas, Texas, registered in 2004, with $153,827 in FY2023 revenue. CharityIndex grades it F.
Revenue (FY2023)
$154K
▲ 352.1% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$304K
Net assets
$4.9M
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 Fred & Irene Michel Charit Tua 5001100 0386490— 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 Fred & Irene Michel Charit Tua 5001100 0386490: 194 mo reserves · -98% 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 Fred & Irene Michel Charit Tua 5001100 0386490— 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 Fred & Irene Michel Charit Tua 5001100 0386490: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $279K (FY2018) to $154K (FY2023) across 6 reported years.
Financial snapshot
Operating margin
-97.5%
Spent more than it raised in the latest fiscal year.
Total assets
$4.9M
Total liabilities
$0
Net assets
$4.9M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $153,827▲352% | $303,829▲2.8% | $4,908,824▲0.2% | $4,908,824▲0.2% | 990PF |
| 2022 | -$61,028▼106% | $295,565▼22.5% | $4,900,438▼5.6% | $4,900,438▼5.6% | 990PF |
| 2021 | $1,000,672▲150% | $381,517▲13.9% | $5,188,973▼2.7% | $5,188,973▼2.7% | 990PF |
| 2020 | $400,963▲36.9% | $334,982▲40.0% | $5,335,122▲16.6% | $5,335,122▲16.6% | 990PF |
| 2019 | $292,858▲5.1% | $239,209▼31.3% | $4,577,202▼0.9% | $4,577,202▼0.9% | 990PF |
| 2018 | $278,663 | $347,985 | $4,618,168 | $4,618,168 | 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 Fred & Irene Michel Charit Tua 5001100 0386490 (EIN 52-7201412) 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.