Madelaine-local 1222 Welfare Fund is a 501(c)(9) organization based in Long Beach, New York, registered in 1992, with $331,000 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$331K
▼ 14.5% vs prior year
Expenses (FY2024)
$326K
Net assets
$55K
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 Madelaine-local 1222 Welfare Fund— 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 Madelaine-local 1222 Welfare Fund: 2 mo reserves · +2% 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 Madelaine-local 1222 Welfare Fund— 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 Madelaine-local 1222 Welfare Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $364K (FY2013) to $331K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
1.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$70K
Total liabilities
$16K
Net assets
$55K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $331,000▼14.5% | $325,579▼14.5% | $54,717▲11.0% | $70,446▲15.6% | 990 |
| 2023 | $387,000▲15.9% | $380,655▲14.4% | $49,296▲14.8% | $60,962▲10.7% | 990 |
| 2022 | $334,000▼39.4% | $332,703▼21.9% | $42,951▲3.1% | $55,056▼13.2% | 990 |
| 2021 | $551,085▲4.4% | $425,731▼30.7% | $41,654▲150% | $63,410▲117% | 990 |
| 2020 | $527,713▲15.4% | $614,659▲35.1% | -$83,700▼2679% | $29,285▲0.7% | 990 |
| 2019 | $457,423▼8.3% | $454,870▼9.3% | $3,246▲368% | $29,089▲17.5% | 990 |
| 2018 | $499,061▲8.2% | $501,675▲11.8% | $693▼79.0% | $24,748▲1.1% | 990 |
| 2017 | $461,082▼2.3% | $448,736▲0.7% | $3,307▲137% | $24,486▼12.9% | 990 |
| 2016 | $472,000▲22.2% | $445,491▲3.5% | -$9,039▲74.6% | $28,106▲109% | 990 |
| 2015 | $386,188▲15.6% | $430,537▲38.1% | -$35,548▼504% | $13,458▼11.9% | 990 |
| 2014 | $334,000▼8.3% | $311,755▲20.3% | $8,801▲165% | $15,277▲153% | 990 |
| 2013 | $364,353 | $259,221▼51.6% | -$13,444▲88.7% | $6,031▲159% | 990 |
| 2012 | — | $536,118▼36.9% | -$118,576▲32.2% | $2,330▼50.2% | 990 |
| 2011 | — | $850,222▲4.4% | -$174,810▼46.3% | $4,678▼51.2% | 990 |
| 2010 | — | $814,633 | -$119,476 | $9,594 | 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 Madelaine-local 1222 Welfare Fund (EIN 11-3053695) 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.