Kurtis & Mary Reed Foundation is a 501(c)(3) organization based in New York, New York, registered in 1997, with $3,112 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$3,112
▼ 89.3% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$4,916
Net assets
$73K
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 Kurtis & Mary Reed 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 Kurtis & Mary Reed Foundation: 179 mo reserves · -58% margin earns a F 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 Kurtis & Mary Reed 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 Kurtis & Mary Reed Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $3,387 (FY2020) to $3,112 (FY2024) across 5 reported years.
Financial snapshot
Operating margin
-58.0%
Spent more than it raised in the latest fiscal year.
Total assets
$73K
Total liabilities
$0
Net assets
$73K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,112▼89.3% | $4,916▲13.8% | $73,467▼2.4% | $73,467▼2.4% | 990PF |
| 2023 | $29,022▲459% | $4,318▼34.4% | $75,273▲48.9% | $75,273▲48.9% | 990PF |
| 2022 | $5,192▼52.3% | $6,579▲84.3% | $50,568▼2.7% | $50,568▼2.7% | 990PF |
| 2021 | $10,883▲221% | $3,570▼25.6% | $51,959▲18.0% | $51,959▲18.0% | 990PF |
| 2020 | $3,387 | $4,800 | $44,021 | $44,021 | 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 Kurtis & Mary Reed Foundation (EIN 13-3953195) 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.