Marasco & Nesselbush Foundation
Only null% goes to programs Strong reserves Growing revenue
Marasco & Nesselbush Foundation is a 501(c)(3) organization based in Providence, Rhode Island, registered in 2011, with $23,425 in FY2024 revenue. CharityIndex grades it B.
685 Westminster St, Providence, RI, 02903 EIN 45-3173782 Since 2011
Revenue (FY2024)
$23K
▲ 11.5% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$21K
Net assets
$40K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—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 Marasco & Nesselbush Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating23 mo reserves · +12% 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 Marasco & Nesselbush Foundation: 23 mo reserves · +12% margin earns a A 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 Marasco & Nesselbush Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Marasco & Nesselbush Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 685 Westminster St, Providence, RI, 02903
- City
- Providence
- State
- Rhode Island
- Subcategory
- Public Foundations
- Website
- …
Financial trends
Revenue grew from $4,844 (FY2016) to $23K (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1,093Net assets $40K
Operating margin
12.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$41K
Total liabilities
$1,093
Net assets
$40K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $23,425▲11.5% | $20,612▲5.0% | $40,204▲7.5% | $41,297▲10.4% | 990PF |
| 2023 | $21,001▼8.2% | $19,623▼4.5% | $37,391▲3.8% | $37,391▲3.8% | 990PF |
| 2022 | $22,889▲19.9% | $20,543▲101% | $36,013▲7.0% | $36,013▲7.0% | 990PF |
| 2021 | $19,085▼10.4% | $10,220▼22.6% | $33,667▲35.7% | $33,667▲35.7% | 990PF |
| 2020 | $21,289▼14.0% | $13,205▼12.3% | $24,802▲41.6% | $24,802▲41.6% | 990PF |
| 2019 | $24,753▲106% | $15,057▼36.7% | $17,513▲124% | $17,513▲124% | 990PF |
| 2018 | $11,995▼31.7% | $23,794▲48.4% | $7,817▼60.1% | $7,832▼60.1% | 990PF |
| 2017 | $17,554▲262% | $16,035▲42.5% | $19,616▲8.4% | $19,616▲8.4% | 990PF |
| 2016 | $4,844 | $11,250 | $18,097 | $18,097 | 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 Marasco & Nesselbush Foundation a legitimate nonprofit?
- Yes. Marasco & Nesselbush Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 45-3173782, based in Providence, Rhode Island. Donations are tax-deductible.
- What is Marasco & Nesselbush Foundation's EIN?
- Marasco & Nesselbush Foundation's Employer Identification Number (EIN) is 45-3173782.
- How much revenue does Marasco & Nesselbush Foundation report?
- Marasco & Nesselbush Foundation reported $23,425 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Marasco & Nesselbush Foundation have?
- CharityIndex grades Marasco & Nesselbush Foundation B, based on financial health (reserves and operating margin).
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Data for Marasco & Nesselbush Foundation (EIN 45-3173782) 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.