Joseph J Laurencelle Memorial Foundation is a 501(c)(3) organization based in Bloomfld Hls, Michigan, registered in 1995, with $401,349 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$401K
▼ 9.1% vs prior year
Education median: $200K
Expenses (FY2023)
$168K
Net assets
$3.6M
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 Joseph J Laurencelle Memorial Foundation— 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 Joseph J Laurencelle Memorial Foundation: 257 mo reserves · +58% margin earns a B+ 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 Joseph J Laurencelle Memorial Foundation— 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 Joseph J Laurencelle Memorial Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $6,705 (FY2009) to $401K (FY2023) across 15 reported years.
Financial snapshot
Operating margin
58.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.6M
Total liabilities
$0
Net assets
$3.6M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $401,349▼9.1% | $168,361▲5.0% | $3,603,044▲14.3% | $3,603,044▲10.4% | 990PF |
| 2022 | $441,325▲77.9% | $160,280▲0.3% | $3,151,130▲11.9% | $3,264,030▲14.2% | 990PF |
| 2021 | $248,092▼40.9% | $159,823▲25.3% | $2,817,235▼9.6% | $2,859,235▼8.2% | 990PF |
| 2020 | $419,676▲196% | $127,503▲98.4% | $3,114,869▲25.0% | $3,114,869▲25.0% | 990PF |
| 2019 | $141,823▼93.1% | $64,271▲231% | $2,492,367▲9.2% | $2,492,367▲9.2% | 990PF |
| 2018 | $2,049,909▲16661% | $19,417▲75.0% | $2,283,161▲1409% | $2,283,161▲1409% | 990PF |
| 2017 | $12,230▲100% | $11,093▼22.6% | $151,327▲1.0% | $151,327▲1.0% | 990PF |
| 2016 | $6,103▼44.3% | $14,341▲526% | $149,759▼5.6% | $149,759▼5.6% | 990PF |
| 2015 | $10,962▼71.8% | $2,290▼3.9% | $158,565▲17.9% | $158,565▲17.9% | 990PF |
| 2014 | $38,813▲369% | $2,383▼81.1% | $134,530▲37.5% | $134,530▲37.5% | 990PF |
| 2013 | $8,268▼59.3% | $12,588▼75.7% | $97,809▼0.9% | $97,809▼0.9% | 990EZ |
| 2012 | $20,301▲258% | $51,807▲25.9% | $98,677▼26.8% | $98,677▼26.8% | 990EZ |
| 2011 | $5,670▲52.5% | $41,138▲31.1% | $134,774▼16.4% | $134,774▼16.4% | 990EZ |
| 2010 | $3,717▼44.6% | $31,370▼33.4% | $161,257▼8.3% | $161,257▼8.3% | 990EZ |
| 2009 | $6,705 | $47,107 | $175,853 | $175,853 | 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.
Explore more
Data for Joseph J Laurencelle Memorial Foundation (EIN 38-3209958) 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.