Krasberg-mason Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Krasberg-mason Foundation is a 501(c)(3) organization based in Raleigh, North Carolina, registered in 1992, with $578,721 in FY2024 revenue. CharityIndex grades it C+.
12844 River Dance Dr, Raleigh, NC, 27613 EIN 36-3807993 Since 1992
Revenue (FY2024)
$579K
▼ 66.2% vs prior year
Expenses (FY2024)
$322K
Net assets
$3.3M
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 Krasberg-mason Foundation— 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 rating125 mo reserves · +44% 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 Krasberg-mason Foundation: 125 mo reserves · +44% 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 Krasberg-mason 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 Krasberg-mason Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 12844 River Dance Dr, Raleigh, NC, 27613
- City
- Raleigh
- State
- North Carolina
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $49K (FY2020) to $579K (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $3.3M
Operating margin
44.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.3M
Total liabilities
$0
Net assets
$3.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $578,721▼66.2% | $322,320▲51.9% | $3,346,277▲8.3% | $3,346,277▲8.3% | 990PF |
| 2023 | $1,710,419▲607% | $212,233▲24.6% | $3,089,876▲94.1% | $3,089,876▲94.1% | 990PF |
| 2022 | $241,773▲426% | $170,386▲5.3% | $1,591,690▲4.7% | $1,591,690▲4.7% | 990PF |
| 2021 | $45,955▼6.8% | $161,876▲322% | $1,519,742▼6.4% | $1,519,742▼6.4% | 990PF |
| 2020 | $49,320 | $38,369 | $1,624,444 | $1,624,444 | 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 Krasberg-mason Foundation a legitimate nonprofit?
- Yes. Krasberg-mason Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 36-3807993, based in Raleigh, North Carolina. Donations are tax-deductible.
- What is Krasberg-mason Foundation's EIN?
- Krasberg-mason Foundation's Employer Identification Number (EIN) is 36-3807993.
- How much revenue does Krasberg-mason Foundation report?
- Krasberg-mason Foundation reported $578,721 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Krasberg-mason Foundation have?
- CharityIndex grades Krasberg-mason Foundation C+, based on financial health (reserves and operating margin).
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Data for Krasberg-mason Foundation (EIN 36-3807993) 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.