Julius V & Alice G Combs Foundation
Only null% goes to programs Strong reserves Declining revenue
Julius V & Alice G Combs Foundation is a 501(c)(3) organization based in Detroit, Michigan, registered in 1997, with $14,767 in FY2024 revenue. CharityIndex grades it F.
200 Riverfront Park17-k, Detroit, MI, 48226 EIN 38-3352692 Since 1997
Revenue (FY2024)
$15K
▼ 34.3% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$22K
Net assets
$208K
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 Julius V & Alice G Combs Foundation— 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 rating112 mo reserves · -52% 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 Julius V & Alice G Combs Foundation: 112 mo reserves · -52% 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 Julius V & Alice G Combs Foundation— 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 Julius V & Alice G Combs Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 200 Riverfront Park17-k, Detroit, MI, 48226
- City
- Detroit
- State
- Michigan
- Subcategory
- Public Foundations
Financial trends
Revenue declined from $23K (FY2015) to $15K (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $208K
Operating margin
-51.5%
Spent more than it raised in the latest fiscal year.
Total assets
$208K
Total liabilities
$0
Net assets
$208K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $14,767▼34.3% | $22,378▼73.5% | $208,077▲0.4% | $208,077▲0.4% | 990PF |
| 2023 | $22,477▲64.0% | $84,569▲197% | $207,201▼15.6% | $207,205▼15.6% | 990PF |
| 2022 | $13,703▼68.4% | $28,449▲41.2% | $245,644▼27.3% | $245,644▼27.3% | 990PF |
| 2021 | $43,430▲2411% | $20,151▼54.3% | $338,029▼2.2% | $338,029▼2.2% | 990PF |
| 2020 | -$1,879▼105% | $44,120▲95.5% | $345,708▲5.7% | $345,708▲5.7% | 990PF |
| 2019 | $35,256▲5937% | $22,566▲65.8% | $327,010▲38.8% | $327,010▲38.8% | 990PF |
| 2018 | $584▼97.5% | $13,610▼37.3% | $235,583▼10.9% | $235,583▼10.9% | 990PF |
| 2017 | $23,632▼0.9% | $21,718▲28.1% | $264,351▲11.3% | $264,351▲11.3% | 990PF |
| 2016 | $23,843▲2.4% | $16,949▼67.4% | $237,556▲12.0% | $237,556▲5.6% | 990PF |
| 2015 | $23,281 | $52,021▲69.2% | $212,150▼10.3% | $225,061▼4.9% | 990PF |
| 2012 | — | $30,738 | $236,642 | $236,642 | 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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Frequently asked questions
- Is Julius V & Alice G Combs Foundation a legitimate nonprofit?
- Yes. Julius V & Alice G Combs Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 38-3352692, based in Detroit, Michigan. Donations are tax-deductible.
- What is Julius V & Alice G Combs Foundation's EIN?
- Julius V & Alice G Combs Foundation's Employer Identification Number (EIN) is 38-3352692.
- How much revenue does Julius V & Alice G Combs Foundation report?
- Julius V & Alice G Combs Foundation reported $14,767 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Julius V & Alice G Combs Foundation have?
- CharityIndex grades Julius V & Alice G Combs Foundation F, based on financial health (reserves and operating margin).
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Data for Julius V & Alice G Combs Foundation (EIN 38-3352692) 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.