Lonnie L Michael Foundation is a 501(c)(3) organization based in Athens, Georgia, registered in 2003, with $19,225 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$19K
▲ 242.1% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$113K
Net assets
$907K
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 Lonnie L Michael 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 Lonnie L Michael Foundation: 96 mo reserves · -487% 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 Lonnie L Michael 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 Lonnie L Michael Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $93K (FY2013) to $19K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-487.2%
Spent more than it raised in the latest fiscal year.
Total assets
$909K
Total liabilities
$1,795
Net assets
$907K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $19,225▲242% | $112,882▲21.5% | $906,707▲17.7% | $908,502▲17.7% | 990PF |
| 2023 | -$13,528▼222% | $92,888▲17.2% | $770,377▲6.7% | $772,172▲6.7% | 990PF |
| 2022 | $11,121▼86.5% | $79,254▼10.2% | $721,934▼20.5% | $723,732▼20.3% | 990PF |
| 2021 | $82,612▲221% | $88,239▼11.1% | $908,078▲8.3% | $908,078▲8.3% | 990PF |
| 2020 | $25,713▼54.7% | $99,217▲0.9% | $838,782▲14.7% | $838,782▲14.7% | 990PF |
| 2019 | $56,774▲145% | $98,364▼8.6% | $731,568▼6.2% | $731,568▼6.2% | 990PF |
| 2018 | $23,210▼71.1% | $107,568▲28.7% | $780,136▼14.2% | $780,136▼14.2% | 990PF |
| 2017 | $80,219▼28.2% | $83,573▲27.3% | $909,665▼2.9% | $909,665▼2.9% | 990PF |
| 2016 | $111,785▲238% | $65,644▼17.4% | $936,360▼1.2% | $936,360▼1.2% | 990PF |
| 2015 | $33,046▲183% | $79,462▼12.4% | $947,608▼8.8% | $947,608▼8.8% | 990PF |
| 2014 | $11,678▼87.5% | $90,664▼25.2% | $1,039,083▼2.0% | $1,039,083▼2.0% | 990PF |
| 2013 | $93,327 | $121,142▲17.9% | $1,060,704▲1.9% | $1,060,704▲1.9% | 990PF |
| 2012 | — | $102,743 | $1,041,208 | $1,041,208 | 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 Lonnie L Michael Foundation (EIN 20-6005600) 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.