Frederick T Crosby Education Foundation Inc is a 501(c)(3) organization based in Essex, Connecticut, registered in 2018, with $162,185 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$162K
▼ 68.8% vs prior year
Education median: $200K
Expenses (FY2024)
$344K
Net assets
$7.2M
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 Frederick T Crosby Education Foundation Inc— 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 Frederick T Crosby Education Foundation Inc: 250 mo reserves · -112% 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 Frederick T Crosby Education Foundation Inc— 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 Frederick T Crosby Education Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $6.2M (FY2018) to $162K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
-111.9%
Spent more than it raised in the latest fiscal year.
Total assets
$7.2M
Total liabilities
$0
Net assets
$7.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $162,185▼68.8% | $343,603▲6.5% | $7,169,864▲6.7% | $7,169,864▲6.7% | 990 |
| 2023 | $519,653▲153% | $322,670▼0.1% | $6,721,844▲7.2% | $6,721,844▲7.2% | 990 |
| 2022 | $205,472▼23.6% | $323,110▼17.7% | $6,267,772▲5.1% | $6,267,772▲5.1% | 990 |
| 2021 | $268,846▲44.8% | $392,381▲19.0% | $5,966,226▼17.9% | $5,966,226▼17.9% | 990 |
| 2020 | $185,714▲47.0% | $329,780▲24.1% | $7,269,278▲18.7% | $7,269,278▲18.7% | 990 |
| 2019 | $126,374▼98.0% | $265,668▲1.2% | $6,122,126▲0.6% | $6,122,126▲0.6% | 990 |
| 2018 | $6,171,240 | $262,577 | $6,083,428 | $6,083,428 | 990 |
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 Frederick T Crosby Education Foundation Inc (EIN 82-3374760) 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.