Marilyn & Mike Grossman Foundation is a 501(c)(3) organization based in Cambridge, Massachusetts, registered in 1966, with $115,114 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$115K
▼ 1.2% vs prior year
Expenses (FY2024)
$100K
Net assets
$1.1M
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 Marilyn & Mike Grossman 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 Marilyn & Mike Grossman Foundation: 132 mo reserves · +13% 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 Marilyn & Mike Grossman 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 Marilyn & Mike Grossman Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $242K (FY2013) to $115K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
13.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.1M
Total liabilities
$0
Net assets
$1.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $115,114▼1.2% | $99,946▲8.4% | $1,097,226▲1.4% | $1,097,226▲1.4% | 990PF |
| 2023 | $116,566▲17.2% | $92,175▼2.4% | $1,082,058▲2.3% | $1,082,058▲2.3% | 990PF |
| 2022 | $99,497▼38.0% | $94,424▼5.6% | $1,057,667▲0.5% | $1,057,667▲0.5% | 990PF |
| 2021 | $160,522▲75.7% | $100,020▲21.7% | $1,052,594▲6.1% | $1,052,594▲6.1% | 990PF |
| 2020 | $91,351▲69.6% | $82,164▲3.1% | $992,092▲0.9% | $992,092▲0.8% | 990PF |
| 2019 | $53,878▼41.5% | $79,716▼9.9% | $982,905▼2.6% | $984,205▼2.4% | 990PF |
| 2018 | $92,136▼51.8% | $88,481▲13.2% | $1,008,743▲0.4% | $1,008,743▲0.4% | 990PF |
| 2017 | $191,036▲342% | $78,173▲5.5% | $1,005,088▲12.6% | $1,005,088▲12.6% | 990PF |
| 2016 | $43,238▼44.5% | $74,103▼2.4% | $892,225▼3.3% | $892,225▼3.3% | 990PF |
| 2015 | $77,942▼67.8% | $75,958▲12.0% | $923,090▲0.7% | $923,090▲0.7% | 990PF |
| 2013 | $242,290 | $67,829▲16.1% | $916,485▲23.5% | $916,485▲23.5% | 990PF |
| 2012 | — | $58,442▲2.9% | $742,024▼1.3% | $742,024▼1.3% | 990PF |
| 2011 | — | $56,812▲164% | $751,930▼7.4% | $751,930▼7.4% | 990PF |
| 2009 | — | $21,542 | $812,020 | $812,020 | 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 Marilyn & Mike Grossman Foundation (EIN 04-6115409) 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.