Marjorie & Maxwell Jospey Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Marjorie & Maxwell Jospey Foundation is a 501(c)(3) organization based in Birmingham, Michigan, registered in 1951, with $144,060 in FY2023 revenue. CharityIndex grades it F.
260 E Brown St Ste 340, Birmingham, MI, 48009 EIN 38-6061846 Since 1951
Revenue (FY2023)
$144K
▲ 51.6% vs prior year
Expenses (FY2023)
$311K
Net assets
$4.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Marjorie & Maxwell Jospey Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating173 mo reserves · -116% 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 Marjorie & Maxwell Jospey Foundation: 173 mo reserves · -116% margin earns a F 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 Marjorie & Maxwell Jospey Foundation— 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 Marjorie & Maxwell Jospey Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 260 E Brown St Ste 340, Birmingham, MI, 48009
- City
- Birmingham
- State
- Michigan
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $157K (FY2013) to $144K (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $4.5M
Operating margin
-116.2%
Spent more than it raised in the latest fiscal year.
Total assets
$4.5M
Total liabilities
$0
Net assets
$4.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $144,060▲51.6% | $311,470▲0.7% | $4,499,858▼3.6% | $4,499,858▼3.6% | 990PF |
| 2022 | $95,044▼55.9% | $309,196▲4.0% | $4,667,268▼4.4% | $4,667,268▼4.4% | 990PF |
| 2021 | $215,607▼16.5% | $297,342▼11.3% | $4,881,420▼1.6% | $4,881,420▼1.6% | 990PF |
| 2020 | $258,131▲18.4% | $335,178▼1.1% | $4,963,155▼1.5% | $4,963,155▼1.5% | 990PF |
| 2019 | $217,944▲61.6% | $338,964▲0.4% | $5,040,202▼2.3% | $5,040,202▼2.3% | 990PF |
| 2018 | $134,907▼49.0% | $337,637▲2.7% | $5,161,222▼3.8% | $5,161,222▼3.8% | 990PF |
| 2017 | $264,470▲21.6% | $328,666▲6.6% | $5,363,952▼1.2% | $5,363,952▼1.2% | 990PF |
| 2016 | $217,481▼16.9% | $308,269▼9.2% | $5,428,148▼1.6% | $5,428,148▼1.6% | 990PF |
| 2015 | $261,731▲75.1% | $339,631▲11.9% | $5,518,936▼1.4% | $5,518,936▼1.4% | 990PF |
| 2014 | $149,464▼5.0% | $303,581▼16.9% | $5,596,836▼2.7% | $5,596,836▼2.7% | 990PF |
| 2013 | $157,260 | $365,484▲6.1% | $5,750,953▼3.5% | $5,750,953▼3.5% | 990PF |
| 2012 | — | $344,404▼17.5% | $5,959,177▼1.6% | $5,959,177▼1.6% | 990PF |
| 2011 | — | $417,419▲246% | $6,056,325▲3.8% | $6,056,325▲3.8% | 990PF |
| 2010 | — | $120,633▲574343% | $5,835,334▲217150% | $5,835,334▲217150% | 990PF |
| 2009 | — | $21 | $2,686 | $2,686 | 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.
Frequently asked questions
- Is Marjorie & Maxwell Jospey Foundation a legitimate nonprofit?
- Yes. Marjorie & Maxwell Jospey Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 38-6061846, based in Birmingham, Michigan. Donations are tax-deductible.
- What is Marjorie & Maxwell Jospey Foundation's EIN?
- Marjorie & Maxwell Jospey Foundation's Employer Identification Number (EIN) is 38-6061846.
- How much revenue does Marjorie & Maxwell Jospey Foundation report?
- Marjorie & Maxwell Jospey Foundation reported $144,060 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Marjorie & Maxwell Jospey Foundation have?
- CharityIndex grades Marjorie & Maxwell Jospey Foundation F, based on financial health (reserves and operating margin).
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Data for Marjorie & Maxwell Jospey Foundation (EIN 38-6061846) 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.