Justin F Coressel Charitable Tr
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Justin F Coressel Charitable Tr is a 501(c)(3) organization based in Defiance, Ohio, registered in 1969, with $376,988 in FY2024 revenue. CharityIndex grades it C+.
C/o Terry Melton 101 Clinton St, Defiance, OH, 43512 EIN 23-7022234 Since 1969
Revenue (FY2024)
$377K
▼ 30.8% vs prior year
Expenses (FY2024)
$207K
Net assets
$4.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Justin F Coressel Charitable Tr— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating249 mo reserves · +45% 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 Justin F Coressel Charitable Tr: 249 mo reserves · +45% margin earns a B+ 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 Justin F Coressel Charitable Tr— 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 Justin F Coressel Charitable Tr: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $250K (FY2013) to $377K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $4.3M
Operating margin
45.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.3M
Total liabilities
$0
Net assets
$4.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $376,988▼30.8% | $207,025▲3.7% | $4,290,510▲7.7% | $4,290,510▲7.7% | 990PF |
| 2023 | $544,566▲317% | $199,656▼7.8% | $3,983,891▲6.5% | $3,983,891▲6.5% | 990PF |
| 2022 | $130,480▼69.0% | $216,480▼3.6% | $3,741,982▼17.3% | $3,741,982▼17.3% | 990PF |
| 2021 | $421,512▲20.5% | $224,550▲15.2% | $4,524,117▲6.7% | $4,524,117▲6.7% | 990PF |
| 2020 | $349,894▲89.6% | $194,961▼1.6% | $4,239,035▲6.6% | $4,239,035▲6.6% | 990PF |
| 2019 | $184,542▼25.0% | $198,080▲2.0% | $3,974,915▲11.6% | $3,974,915▲11.6% | 990PF |
| 2018 | $246,068▲61.1% | $194,277▲4.5% | $3,561,570▼9.3% | $3,561,570▼9.3% | 990PF |
| 2017 | $152,788▲11.3% | $185,930▼2.8% | $3,924,926▲7.2% | $3,924,926▲7.2% | 990PF |
| 2016 | $137,300▲33.5% | $191,280▼4.4% | $3,662,996▲1.1% | $3,662,996▲1.1% | 990PF |
| 2015 | $102,813▼67.0% | $200,057▼2.8% | $3,622,052▼7.0% | $3,622,052▼7.0% | 990PF |
| 2014 | $311,225▲24.7% | $205,882▲14.1% | $3,896,397▼1.1% | $3,896,397▼1.1% | 990PF |
| 2013 | $249,618 | $180,408 | $3,939,244▲8.6% | $3,939,244▲8.6% | 990PF |
| 2012 | — | $180,483▼0.1% | $3,626,636▲5.6% | $3,626,636▲5.6% | 990PF |
| 2011 | — | $180,690▲1.0% | $3,434,362▼8.0% | $3,434,362▼8.0% | 990PF |
| 2010 | — | $178,948 | $3,733,785 | $3,733,785 | 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.
Frequently asked questions
- Is Justin F Coressel Charitable Tr a legitimate nonprofit?
- Yes. Justin F Coressel Charitable Tr is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-7022234, based in Defiance, Ohio. Donations are tax-deductible.
- What is Justin F Coressel Charitable Tr's EIN?
- Justin F Coressel Charitable Tr's Employer Identification Number (EIN) is 23-7022234.
- How much revenue does Justin F Coressel Charitable Tr report?
- Justin F Coressel Charitable Tr reported $376,988 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Justin F Coressel Charitable Tr have?
- CharityIndex grades Justin F Coressel Charitable Tr C+, based on financial health (reserves and operating margin).
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Data for Justin F Coressel Charitable Tr (EIN 23-7022234) 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.