Marines Care Foundation In Memory of L Cpl Chris Cosgrove III Inc
Only null% goes to programs Strong reserves Declining revenue
Marines Care Foundation In Memory of L Cpl Chris Cosgrove III Inc is a 501(c)(3) organization based in Ledgewood, New Jersey, registered in 2012, with $60,611 in FY2017 revenue. CharityIndex grades it C+.
154 Whisper Way E, Ledgewood, NJ, 07852 EIN 45-2973441 Since 2012
Revenue (FY2017)
$61K
▼ 30.2% vs prior year
Human Services median: $293K
Expenses (FY2017)
$57K
Net assets
$90K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
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 Marines Care Foundation In Memory of L Cpl Chris Cosgrove III Inc— 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 rating19 mo reserves · +6% 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 Marines Care Foundation In Memory of L Cpl Chris Cosgrove III Inc: 19 mo reserves · +6% 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 Marines Care Foundation In Memory of L Cpl Chris Cosgrove III Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 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 Marines Care Foundation In Memory of L Cpl Chris Cosgrove III Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 154 Whisper Way E, Ledgewood, NJ, 07852
- City
- Ledgewood
- State
- New Jersey
- Category
- Human Services
- Subcategory
- Human Service Organizations
- Website
- …
Financial trends
Revenue declined from $87K (FY2016) to $61K (FY2017) across 2 reported years.
Financial snapshot
Financial health & position (FY2017)
Operating margin
5.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$90K
Net assets
$90K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2017 | $60,611▼30.2% | $57,149▼30.1% | $90,213▲4.0% | $90,213▲4.0% | 990EZ |
| 2016 | $86,838 | $81,737 | $86,751 | $86,751 | 990EZ |
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 Marines Care Foundation In Memory of L Cpl Chris Cosgrove III Inc a legitimate nonprofit?
- Yes. Marines Care Foundation In Memory of L Cpl Chris Cosgrove III Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 45-2973441, based in Ledgewood, New Jersey. Donations are tax-deductible.
- What is Marines Care Foundation In Memory of L Cpl Chris Cosgrove III Inc's EIN?
- Marines Care Foundation In Memory of L Cpl Chris Cosgrove III Inc's Employer Identification Number (EIN) is 45-2973441.
- How much revenue does Marines Care Foundation In Memory of L Cpl Chris Cosgrove III Inc report?
- Marines Care Foundation In Memory of L Cpl Chris Cosgrove III Inc reported $60,611 in total revenue on its fiscal year 2017 IRS Form 990 filing.
- What financial grade does Marines Care Foundation In Memory of L Cpl Chris Cosgrove III Inc have?
- CharityIndex grades Marines Care Foundation In Memory of L Cpl Chris Cosgrove III Inc C+, based on financial health (reserves and operating margin).
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Data for Marines Care Foundation In Memory of L Cpl Chris Cosgrove III Inc (EIN 45-2973441) 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.