Linn-mar School Foundation is a 501(c)(3) organization based in Marion, Iowa, registered in 1986, with $356,876 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$357K
▼ 11.9% vs prior year
Expenses (FY2024)
$411K
Net assets
$1.6M
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 Linn-mar School 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 Linn-mar School Foundation: 45 mo reserves · -15% margin earns a C+ 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 Linn-mar School 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 Linn-mar School Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $400K (FY2013) to $357K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-15.1%
Spent more than it raised in the latest fiscal year.
Total assets
$1.6M
Total liabilities
$1,661
Net assets
$1.6M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $356,876▼11.9% | $410,598▲8.1% | $1,555,736▲1.4% | $1,557,397▲1.1% | 990 |
| 2023 | $405,212▲24.2% | $379,994▲15.8% | $1,533,646▲8.1% | $1,539,800▲8.0% | 990 |
| 2022 | $326,341▼5.6% | $328,042▼3.0% | $1,418,750▲1.5% | $1,425,733▲1.8% | 990 |
| 2021 | $345,645▼3.6% | $338,321▲54.3% | $1,398,324▼9.0% | $1,400,246▼9.0% | 990 |
| 2020 | $358,450▲60.5% | $219,225▲1.5% | $1,536,527▲23.5% | $1,538,255▲22.4% | 990 |
| 2019 | $223,290▼35.2% | $216,040▼23.6% | $1,244,114▲1.9% | $1,256,755▲2.9% | 990 |
| 2018 | $344,450▲12.7% | $282,592▼6.3% | $1,220,649▲8.0% | $1,221,290▲8.0% | 990 |
| 2017 | $305,675▼20.5% | $301,519▼6.4% | $1,129,937▲6.8% | $1,130,578▲6.9% | 990 |
| 2016 | $384,593▼8.6% | $322,169▲27.6% | $1,057,884▼21.0% | $1,057,145▼21.2% | 990 |
| 2015 | $420,605▲85.3% | $252,406▼1.1% | $1,339,293▲14.4% | $1,340,907▲14.4% | 990 |
| 2014 | $227,012▼43.3% | $255,111▲12.1% | $1,171,094▼2.3% | $1,172,585▼2.3% | 990 |
| 2013 | $400,280 | $227,548▼1.3% | $1,199,193▲16.8% | $1,200,415▲16.8% | 990 |
| 2012 | — | $230,449 | $1,026,461 | $1,028,084 | 990 |
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.
9 grants to Linn-mar School Foundation totaling $261K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2024 | $44,123 |
| American Online Giving Foundation Inc | General support | 2023 | $54,553 |
| American Online Giving Foundation Inc | General support | 2022 | $39,296 |
| American Online Giving Foundation Inc | General support | 2021 | $45,976 |
| American Online Giving Foundation Inc | General support | 2020 | $22,431 |
| American Online Giving Foundation Inc | General support | 2020 | $22,431 |
| Donor Advised Charitable Giving | Education | 2020 | $5,250 |
| Donor Advised Charitable Giving | Education | 2020 | $5,250 |
| American Online Giving Foundation Inc | General support | 2019 | $21,623 |
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Data for Linn-mar School Foundation (EIN 42-1267125) 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.