Marjorie & V M Baich Foundation
Only null% goes to programs Strong reserves Declining revenue
Marjorie & V M Baich Foundation is a 501(c)(3) organization based in Coleraine, Minnesota, registered in 1999, with -$109,840 in FY2024 revenue. CharityIndex grades it D.
Po Box 198, Coleraine, MN, 55722 EIN 41-1894078 Since 1999
Revenue (FY2024)
-$110K
▼ 50255.3% vs prior year
Education median: $200K
Expenses (FY2024)
$8,323
Net assets
$75K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 & V M Baich 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 rating108 mo reserves · -108% 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 & V M Baich Foundation: 108 mo reserves · -108% 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 & V M Baich 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 Marjorie & V M Baich Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 198, Coleraine, MN, 55722
- City
- Coleraine
- State
- Minnesota
- Category
- Education
- Subcategory
- Student Services & Aid
- Website
- …
Financial trends
Revenue declined from -$97K (FY2015) to -$110K (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $31KNet assets $75K
Operating margin
-107.6%
Spent more than it raised in the latest fiscal year.
Total assets
$105K
Total liabilities
$31K
Net assets
$75K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | -$109,840▼50255% | $8,323▼23.5% | $74,996▼61.2% | $105,496▼49.0% | 990PF |
| 2023 | $219▲101% | $10,881▼53.6% | $193,159▼5.2% | $206,659▼3.4% | 990PF |
| 2022 | -$19,247▼130% | $23,452▲84.4% | $203,821▼17.3% | $213,871▼16.6% | 990PF |
| 2021 | $63,993▼0.6% | $12,716▲13.1% | $246,520▲26.3% | $256,520▲25.0% | 990PF |
| 2020 | $64,379▲138% | $11,241▲21.9% | $195,243▲37.4% | $205,243▲35.8% | 990PF |
| 2019 | $27,095▲282% | $9,224▲16.8% | $142,105▲14.4% | $151,105▲13.3% | 990PF |
| 2018 | -$14,861▲51.7% | $7,895▼40.6% | $124,234▼15.5% | $133,412▼14.6% | 990PF |
| 2017 | -$30,760▲74.3% | $13,302▼23.6% | $146,990▼23.1% | $156,140▼22.0% | 990PF |
| 2016 | -$119,889▼23.4% | $17,419▼23.8% | $191,052▼41.8% | $200,052▼40.7% | 990PF |
| 2015 | -$97,125 | $22,849 | $328,356 | $337,360 | 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 Marjorie & V M Baich Foundation a legitimate nonprofit?
- Yes. Marjorie & V M Baich Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 41-1894078, based in Coleraine, Minnesota. Donations are tax-deductible.
- What is Marjorie & V M Baich Foundation's EIN?
- Marjorie & V M Baich Foundation's Employer Identification Number (EIN) is 41-1894078.
- How much revenue does Marjorie & V M Baich Foundation report?
- Marjorie & V M Baich Foundation reported -$109,840 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Marjorie & V M Baich Foundation have?
- CharityIndex grades Marjorie & V M Baich Foundation D, based on financial health (reserves and operating margin).
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Data for Marjorie & V M Baich Foundation (EIN 41-1894078) 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.