M E Raker Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
M E Raker Foundation Inc is a 501(c)(3) organization based in Fort Wayne, Indiana, registered in 1982, with $659,630 in FY2024 revenue. CharityIndex grades it C+.
6207 Constitution Dr, Fort Wayne, IN, 46804 EIN 31-1040474 Since 1982
Revenue (FY2024)
$660K
▲ 31.3% vs prior year
Expenses (FY2024)
$645K
Net assets
$10.7M
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 M E Raker 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 rating200 mo reserves · +2% 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 M E Raker Foundation Inc: 200 mo reserves · +2% 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 M E Raker 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 M E Raker Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 6207 Constitution Dr, Fort Wayne, IN, 46804
- City
- Fort Wayne
- State
- Indiana
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $441K (FY2019) to $660K (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $10.7M
Operating margin
2.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$10.7M
Total liabilities
$0
Net assets
$10.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $659,630▲31.3% | $644,842▲3.6% | $10,740,187▲0.1% | $10,740,187▲0.1% | 990PF |
| 2023 | $502,517▲365% | $622,621▼7.3% | $10,725,399▼0.9% | $10,725,399▼0.9% | 990PF |
| 2022 | $108,177▼94.1% | $671,806▲4.0% | $10,827,941▼4.9% | $10,827,941▼4.9% | 990PF |
| 2021 | $1,834,304▲8.1% | $645,710▲13.5% | $11,391,570▲11.6% | $11,391,570▲11.6% | 990PF |
| 2020 | $1,696,127▲285% | $569,111▲1.2% | $10,202,976▲12.4% | $10,202,976▲12.4% | 990PF |
| 2019 | $440,723 | $562,459 | $9,075,960 | $9,075,960 | 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.
Frequently asked questions
- Is M E Raker Foundation Inc a legitimate nonprofit?
- Yes. M E Raker Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 31-1040474, based in Fort Wayne, Indiana. Donations are tax-deductible.
- What is M E Raker Foundation Inc's EIN?
- M E Raker Foundation Inc's Employer Identification Number (EIN) is 31-1040474.
- How much revenue does M E Raker Foundation Inc report?
- M E Raker Foundation Inc reported $659,630 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does M E Raker Foundation Inc have?
- CharityIndex grades M E Raker Foundation Inc C+, based on financial health (reserves and operating margin).
More nonprofits in Fort Wayne
Explore more
Data for M E Raker Foundation Inc (EIN 31-1040474) 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.