Maccurdy-salisbury Educational is a 501(c)(3) organization based in Old Lyme, Connecticut, registered in 1998, with $433,923 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$434K
▲ 163.8% vs prior year
Education median: $200K
Expenses (FY2023)
$476K
Net assets
$10.2M
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 Maccurdy-salisbury Educational— 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 Maccurdy-salisbury Educational: 257 mo reserves · -10% margin earns a B+ 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 Maccurdy-salisbury Educational— 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 Maccurdy-salisbury Educational: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $543K (FY2016) to $434K (FY2023) across 8 reported years.
Financial snapshot
Operating margin
-9.7%
Spent more than it raised in the latest fiscal year.
Total assets
$10.2M
Total liabilities
$0
Net assets
$10.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $433,923▲164% | $475,905▼2.0% | $10,193,932▲7.3% | $10,193,932▲7.3% | 990 |
| 2022 | -$680,260▼323% | $485,804▲12.0% | $9,500,469▼18.5% | $9,500,469▼18.5% | 990 |
| 2021 | $305,520▼15.6% | $433,849▼1.6% | $11,655,986▲9.5% | $11,655,986▲9.5% | 990 |
| 2020 | $361,843▼46.1% | $440,899▲7.9% | $10,642,464▲7.1% | $10,642,464▲7.1% | 990 |
| 2019 | $671,403▲49.7% | $408,572▲2.7% | $9,939,862▲18.1% | $9,939,863▲18.1% | 990 |
| 2018 | $448,508▼44.0% | $397,725▲20.5% | $8,419,236▼7.8% | $8,419,236▼7.8% | 990 |
| 2017 | $801,470▲47.6% | $330,067▲11.9% | $9,134,298▲14.5% | $9,134,298▲14.5% | 990 |
| 2016 | $542,962 | $295,081 | $7,975,458 | $7,975,458 | 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.
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Data for Maccurdy-salisbury Educational (EIN 06-6044250) 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.