Louis M Dexter Memorial Foundation Inc
Only null% goes to programs Strong reserves Growing revenue
Louis M Dexter Memorial Foundation Inc is a 501(c)(3) organization based in Grand Rapids, Michigan, registered in 1998, with $77,740 in FY2025 revenue. CharityIndex grades it C+.
375 Pebble Beach Dr Se, Grand Rapids, MI, 49546 EIN 38-3383892 Since 1998
Revenue (FY2025)
$78K
▲ 244.7% vs prior year
Philanthropy median: $168K
Expenses (FY2025)
$39K
Net assets
$590K
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 Louis M Dexter Memorial Foundation Inc— 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 rating180 mo reserves · +49% 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 Louis M Dexter Memorial Foundation Inc: 180 mo reserves · +49% 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 Louis M Dexter Memorial Foundation Inc— 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 Louis M Dexter Memorial Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 375 Pebble Beach Dr Se, Grand Rapids, MI, 49546
- City
- Grand Rapids
- State
- Michigan
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $73K (FY2014) to $78K (FY2025) across 12 reported years.
Financial snapshot
Financial health & position (FY2025)
Liabilities $0Net assets $590K
Operating margin
49.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$590K
Total liabilities
$0
Net assets
$590K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $77,740▲245% | $39,385▼1.2% | $590,159▲7.0% | $590,159▲7.0% | 990PF |
| 2024 | $22,550▼53.5% | $39,866▲0.5% | $551,804▼3.0% | $551,804▼3.0% | 990PF |
| 2023 | $48,481▲161% | $39,686▼5.0% | $569,120▲1.6% | $569,120▲1.6% | 990PF |
| 2022 | $18,589▼73.1% | $41,759▲3.0% | $560,325▼4.0% | $560,325▼4.0% | 990PF |
| 2021 | $69,011▲163% | $40,551▲22.3% | $583,495▲5.1% | $583,495▲5.1% | 990PF |
| 2020 | $26,263▼23.8% | $33,160▲9.6% | $555,035▼1.2% | $555,035▼1.2% | 990PF |
| 2019 | $34,451▼21.3% | $30,259▼35.5% | $561,932▲0.8% | $561,932▲0.8% | 990PF |
| 2018 | $43,749▼20.7% | $46,926▼1.1% | $557,740▼0.6% | $557,740▼0.6% | 990PF |
| 2017 | $55,135▲752% | $47,426▼0.7% | $560,917▲1.4% | $560,917▲1.4% | 990PF |
| 2016 | -$8,455▼129% | $47,779▼1.3% | $553,208▼9.2% | $553,208▼9.2% | 990PF |
| 2015 | $29,367▼59.9% | $48,427▲10.1% | $609,442▼3.0% | $609,442▼3.0% | 990PF |
| 2014 | $73,221 | $43,990▲40.3% | $628,502▼5.6% | $628,502▼5.6% | 990PF |
| 2011 | — | $31,351 | $665,811 | $665,811 | 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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Frequently asked questions
- Is Louis M Dexter Memorial Foundation Inc a legitimate nonprofit?
- Yes. Louis M Dexter Memorial Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 38-3383892, based in Grand Rapids, Michigan. Donations are tax-deductible.
- What is Louis M Dexter Memorial Foundation Inc's EIN?
- Louis M Dexter Memorial Foundation Inc's Employer Identification Number (EIN) is 38-3383892.
- How much revenue does Louis M Dexter Memorial Foundation Inc report?
- Louis M Dexter Memorial Foundation Inc reported $77,740 in total revenue on its fiscal year 2025 IRS Form 990 filing.
- What financial grade does Louis M Dexter Memorial Foundation Inc have?
- CharityIndex grades Louis M Dexter Memorial Foundation Inc C+, based on financial health (reserves and operating margin).
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Data for Louis M Dexter Memorial Foundation Inc (EIN 38-3383892) 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.