M&m Area Community Foundation is a 501(c)(3) organization based in Menominee, Michigan, registered in 1996, with $931,207 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$931K
▼ 12.6% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$1.3M
Net assets
$14.2M
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 M&m Area Community 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 M&m Area Community Foundation: 129 mo reserves · -42% margin earns a D 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 M&m Area Community 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 M&m Area Community Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $992K (FY2013) to $931K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-41.8%
Spent more than it raised in the latest fiscal year.
Total assets
$15.0M
Total liabilities
$847K
Net assets
$14.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $931,207▼12.6% | $1,320,486▲18.6% | $14,189,397▲7.9% | $15,036,360▲8.1% | 990 |
| 2023 | $1,065,780▼44.9% | $1,113,390▲21.8% | $13,147,401▲12.9% | $13,909,712▲12.9% | 990 |
| 2022 | $1,935,940▼39.0% | $913,894▼21.9% | $11,643,120▼7.6% | $12,324,397▼8.4% | 990 |
| 2021 | $3,174,787▲157% | $1,169,561▼48.7% | $12,604,377▲29.3% | $13,449,380▲27.2% | 990 |
| 2020 | $1,236,528▲16.7% | $2,277,853▲92.8% | $9,750,031▼5.8% | $10,573,840▼5.0% | 990 |
| 2019 | $1,059,985▼28.6% | $1,181,284▼14.5% | $10,346,391▲13.8% | $11,129,542▲14.3% | 990 |
| 2018 | $1,484,275▲1.6% | $1,381,617▼21.9% | $9,093,035▼6.5% | $9,737,760▼6.8% | 990 |
| 2017 | $1,460,359▼16.1% | $1,768,739▲83.7% | $9,728,792▲8.3% | $10,449,319▲10.1% | 990 |
| 2016 | $1,741,478▲79.7% | $962,903▲28.8% | $8,984,600▲13.9% | $9,491,365▲16.6% | 990 |
| 2015 | $968,892▲17.7% | $747,810▲32.1% | $7,891,093▲0.5% | $8,141,095▲0.2% | 990 |
| 2014 | $823,141▼17.0% | $566,066▼0.7% | $7,849,176▲4.8% | $8,127,062▲4.1% | 990 |
| 2013 | $991,804 | $570,252▲4.0% | $7,487,555▲16.2% | $7,810,546▲13.3% | 990 |
| 2012 | — | $548,255▲24.3% | $6,442,760▲15.7% | $6,890,983▲7.9% | 990 |
| 2011 | — | $440,911▲17.3% | $5,569,555▲5.3% | $6,388,743▲8.6% | 990 |
| 2010 | — | $375,951 | $5,287,403 | $5,880,328 | 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.
21 grants to M&m Area Community Foundation totaling $580K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $25,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $25,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2022 | $25,000 |
| Greater Milwaukee Foundation Inc | Resilient future project phase 2: community rain garden | 2021 | $100,000 |
| Greater Milwaukee Foundation Inc | Resilient future project phase 2: community rain garden | 2021 | $100,000 |
| Community Foundation For Southeast Michigan | Develop and expand resources for public education around opioid use disorder as well as prevention, treatment and recovery efforts in marinette and menominee counties | 2021 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $7,100 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $7,100 |
| Greater Milwaukee Foundation Inc | Community rain garden project | 2020 | $68,000 |
| Community Foundation For Southeast Michigan | Opioid use disorder education | 2020 | $50,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $21,000 |
| Bellin Memorial Hospital Inc | Donation | 2020 | $5,000 |
| Bellin Memorial Hospital Inc | Donation | 2019 | $5,000 |
| Raymond James Charitable Endowment Fund | General use | 2018 | $23,906 |
| Bellin Memorial Hospital Inc | Donation | 2018 | $5,000 |
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Data for M&m Area Community Foundation (EIN 38-3264725) 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.