M L E Foundation Inc
Only null% goes to programs Strong reserves Growing revenue
M L E Foundation Inc is a 501(c)(3) organization based in New Canaan, Connecticut, registered in 2010, with $1,296,360 in FY2024 revenue. CharityIndex grades it C+.
Po Box 147, New Canaan, CT, 06840 EIN 30-0517812 Since 2010
Revenue (FY2024)
$1.3M
▲ 194.6% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$1.1M
Net assets
$5.6M
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 L E 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 rating62 mo reserves · +16% 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 L E Foundation Inc: 62 mo reserves · +16% 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 L E 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 L E Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 147, New Canaan, CT, 06840
- City
- New Canaan
- State
- Connecticut
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $252K (FY2013) to $1.3M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $5.6M
Operating margin
16.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$5.6M
Total liabilities
$0
Net assets
$5.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,296,360▲195% | $1,086,102▼34.8% | $5,597,158▲3.9% | $5,597,158▲3.9% | 990PF |
| 2023 | $439,995▲57.8% | $1,664,907▲63.2% | $5,386,951▼18.5% | $5,386,951▼18.6% | 990PF |
| 2022 | $278,911▼55.7% | $1,020,003▲3.5% | $6,611,863▼10.1% | $6,614,561▼10.1% | 990PF |
| 2021 | $629,181▼75.1% | $985,951▼3.6% | $7,353,701▼4.6% | $7,353,701▼4.6% | 990PF |
| 2020 | $2,527,383▲920% | $1,023,076▼0.6% | $7,710,838▲24.3% | $7,710,838▲24.3% | 990PF |
| 2019 | $247,775▼92.5% | $1,029,328▲47.9% | $6,205,580▼11.2% | $6,205,580▼11.2% | 990PF |
| 2018 | $3,321,438▲624% | $695,844▲4.6% | $6,986,980▲60.6% | $6,986,980▲60.6% | 990PF |
| 2017 | $458,934▲32.5% | $665,011▲9.8% | $4,351,726▼4.5% | $4,351,726▼4.5% | 990PF |
| 2016 | $346,262▲61.1% | $605,621▲4.0% | $4,557,803▼5.4% | $4,557,803▼5.4% | 990PF |
| 2015 | $214,952▼82.3% | $582,126▲16.8% | $4,817,162▼7.1% | $4,817,162▼7.1% | 990PF |
| 2014 | $1,214,936▲382% | $498,378▼1.6% | $5,184,336▲16.0% | $5,184,336▲16.0% | 990PF |
| 2013 | $252,201 | $506,552▲61.7% | $4,467,719▼5.3% | $4,467,719▼5.3% | 990PF |
| 2012 | — | $313,216▼12.4% | $4,718,859▼2.7% | $4,718,859▼2.7% | 990PF |
| 2011 | — | $357,394▲7.8% | $4,850,180▼2.5% | $4,850,180▼2.5% | 990PF |
| 2010 | — | $331,476 | $4,973,524 | $4,973,524 | 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 M L E Foundation Inc a legitimate nonprofit?
- Yes. M L E Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 30-0517812, based in New Canaan, Connecticut. Donations are tax-deductible.
- What is M L E Foundation Inc's EIN?
- M L E Foundation Inc's Employer Identification Number (EIN) is 30-0517812.
- How much revenue does M L E Foundation Inc report?
- M L E Foundation Inc reported $1,296,360 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does M L E Foundation Inc have?
- CharityIndex grades M L E Foundation Inc C+, based on financial health (reserves and operating margin).
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Data for M L E Foundation Inc (EIN 30-0517812) 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.