James B Richardson Trust 34-001160-0 is a 501(c)(3) organization based in Detroit, Michigan, registered in 1981, with $18,469 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$18K
▲ 32.3% vs prior year
Expenses (FY2024)
$24K
Net assets
$284K
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 James B Richardson Trust 34-001160-0— 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 James B Richardson Trust 34-001160-0: 144 mo reserves · -28% margin earns a D 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 James B Richardson Trust 34-001160-0— 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 James B Richardson Trust 34-001160-0: 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 $18K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
-28.3%
Spent more than it raised in the latest fiscal year.
Total assets
$284K
Total liabilities
$0
Net assets
$284K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $18,469▲32.3% | $23,693▼11.4% | $284,336▼2.1% | $284,336▼2.1% | 990PF |
| 2023 | $13,962▲16.9% | $26,743▼20.2% | $290,487▼4.2% | $290,487▼4.2% | 990PF |
| 2022 | $11,948▼41.9% | $33,502▲5.8% | $303,334▼6.7% | $303,334▼6.7% | 990PF |
| 2021 | $20,564▲66.5% | $31,665▲20.0% | $325,144▼3.1% | $325,144▼3.1% | 990PF |
| 2020 | $12,349▼23.9% | $26,398▲17.8% | $335,642▼1.8% | $335,642▼1.8% | 990PF |
| 2019 | $16,230▼77.0% | $22,401▼3.8% | $341,753▼5.1% | $341,753▼5.1% | 990PF |
| 2018 | $70,701▲343% | $23,287▲8.1% | $360,083▲17.3% | $360,083▲17.3% | 990PF |
| 2017 | $15,954▼24.3% | $21,542▼43.7% | $306,972▼2.1% | $306,972▼2.1% | 990PF |
| 2016 | $21,089▲73.4% | $38,229▲507% | $313,701▼5.0% | $313,701▼5.0% | 990PF |
| 2015 | $12,160▲7.5% | $6,301▼74.4% | $330,328▼3.3% | $330,328▼3.3% | 990PF |
| 2013 | $11,313 | $24,567▼5.9% | $341,501▼3.6% | $341,501▼3.6% | 990PF |
| 2012 | — | $26,115▲4.8% | $354,158▼3.4% | $354,158▼3.4% | 990PF |
| 2011 | — | $24,926 | $366,559 | $366,559 | 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 James B Richardson Trust 34-001160-0 (EIN 94-6505556) 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.