M R S Foundation is a 501(c)(3) organization based in San Antonio, Texas, registered in 2020, with $1,783,493 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$1.8M
▼ 11.9% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$3.1M
Net assets
$5.4M
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 R S 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 R S Foundation: 21 mo reserves · -73% 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 M R S 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 R S Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $7.0M (FY2022) to $1.8M (FY2024) across 3 reported years.
Financial snapshot
Operating margin
-73.3%
Spent more than it raised in the latest fiscal year.
Total assets
$5.4M
Total liabilities
$0
Net assets
$5.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,783,493▼11.9% | $3,090,015▲96.5% | $5,423,757▼19.4% | $5,423,757▼19.4% | 990PF |
| 2023 | $2,023,984▼71.2% | $1,572,305▲112% | $6,730,279▲7.2% | $6,730,279▲7.2% | 990PF |
| 2022 | $7,018,600 | $740,000 | $6,278,600 | $6,278,600 | 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 M R S Foundation (EIN 84-4191520) 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.