Frederick-garrett Residence Inc
Only null% goes to programs Strong reserves Declining revenue
Frederick-garrett Residence Inc is a 501(c)(3) organization based in Oakland, Maryland, registered in 1984, with $26,713 in FY2024 revenue. CharityIndex grades it F.
39 S 3rd St, Oakland, MD, 21550 EIN 52-1297276 Since 1984
Revenue (FY2024)
$27K
▼ 45.1% vs prior year
Housing median: $408K
Expenses (FY2024)
$43K
Net assets
$38K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Frederick-garrett Residence Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating11 mo reserves · -61% 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 Frederick-garrett Residence Inc: 11 mo reserves · -61% margin earns a F 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 Frederick-garrett Residence 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 Frederick-garrett Residence Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 39 S 3rd St, Oakland, MD, 21550
- City
- Oakland
- State
- Maryland
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
Financial trends
Revenue declined from $59K (FY2010) to $27K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $62KNet assets $38K
Operating margin
-60.8%
Spent more than it raised in the latest fiscal year.
Total assets
$100K
Total liabilities
$62K
Net assets
$38K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $26,713▼45.1% | $42,967▼16.1% | $37,835▼30.1% | $99,745▼7.0% | 990EZ |
| 2023 | $48,675▼35.4% | $51,211▲1.8% | $54,089▼4.5% | $107,273▼20.3% | 990EZ |
| 2022 | $75,406▲2.8% | $50,323▼9.0% | $56,625▲79.5% | $134,548▲4.2% | 990EZ |
| 2021 | $73,317▲1.6% | $55,309▲6.0% | $31,540▲133% | $129,103▲24.8% | 990EZ |
| 2020 | $72,190▲0.8% | $52,182▲11.0% | $13,532▲309% | $103,460▲10.3% | 990EZ |
| 2019 | $71,632▲2.4% | $47,021▼24.2% | -$6,477▲79.2% | $93,824▲10.5% | 990EZ |
| 2018 | $69,941▲4.7% | $62,002▼11.8% | -$31,088▲13.8% | $84,930▼32.2% | 990EZ |
| 2014 | $66,821▲4.0% | $70,317▲1.3% | -$36,048▼10.7% | $125,325▼9.4% | 990EZ |
| 2013 | $64,222▲2.8% | $69,445▲3.9% | -$32,552▼19.1% | $138,361▼10.2% | 990EZ |
| 2012 | $62,482▲0.1% | $66,809▲14.2% | -$27,329▼18.8% | $154,015▼5.5% | 990EZ |
| 2011 | $62,394▲5.4% | $58,478▼0.9% | -$23,002▲14.5% | $162,916▼2.4% | 990EZ |
| 2010 | $59,211 | $59,029 | -$26,918 | $166,877 | 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.
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Frequently asked questions
- Is Frederick-garrett Residence Inc a legitimate nonprofit?
- Yes. Frederick-garrett Residence Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 52-1297276, based in Oakland, Maryland. Donations are tax-deductible.
- What is Frederick-garrett Residence Inc's EIN?
- Frederick-garrett Residence Inc's Employer Identification Number (EIN) is 52-1297276.
- How much revenue does Frederick-garrett Residence Inc report?
- Frederick-garrett Residence Inc reported $26,713 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Frederick-garrett Residence Inc have?
- CharityIndex grades Frederick-garrett Residence Inc F, based on financial health (reserves and operating margin).
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Data for Frederick-garrett Residence Inc (EIN 52-1297276) 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.