Marjorie R Stermer Charitable Tr is a 501(c)(3) organization based in Elmira, New York, registered in 2001, with $19,400 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$19K
▼ 0.7% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$21K
Net assets
$265K
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 Marjorie R Stermer Charitable Tr— 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 Marjorie R Stermer Charitable Tr: 151 mo reserves · -8% 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 Marjorie R Stermer Charitable Tr— 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 Marjorie R Stermer Charitable Tr: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $15K (FY2013) to $19K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-8.3%
Spent more than it raised in the latest fiscal year.
Total assets
$265K
Total liabilities
$0
Net assets
$265K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $19,400▼0.7% | $21,018▲9.5% | $265,114▼0.6% | $265,114▼0.6% | 990PF |
| 2023 | $19,530▲54.0% | $19,202▼9.9% | $266,651▲1.0% | $266,651▲1.0% | 990PF |
| 2022 | $12,680▼1.6% | $21,323▼56.4% | $264,010▼3.0% | $264,010▼3.0% | 990PF |
| 2021 | $12,890▼19.8% | $48,875▲866% | $272,178▼10.9% | $272,178▼10.9% | 990PF |
| 2020 | $16,068▲159% | $5,057▼87.3% | $305,324▲4.0% | $305,324▲4.0% | 990PF |
| 2019 | $6,194▲13.9% | $39,860▲856% | $293,575▼8.8% | $293,575▼8.8% | 990PF |
| 2018 | $5,436▼91.0% | $4,168▼78.6% | $321,989▲0.7% | $321,989▲0.7% | 990PF |
| 2017 | $60,305▲296% | $19,480▲0.4% | $319,666▲12.7% | $319,666▲12.7% | 990PF |
| 2016 | $15,219▼69.3% | $19,404▼49.7% | $283,735▼1.1% | $283,735▼1.1% | 990PF |
| 2015 | $49,618▲157% | $38,574▲79.7% | $286,986▲3.8% | $286,986▲3.8% | 990PF |
| 2014 | $19,291▲26.9% | $21,461▲289% | $276,476▼0.8% | $276,476▼0.8% | 990PF |
| 2013 | $15,199 | $5,510▼65.5% | $278,646▲3.6% | $278,646▲3.6% | 990PF |
| 2012 | — | $15,962▲99.2% | $268,957▲4.4% | $268,957▲4.4% | 990PF |
| 2011 | — | $8,014 | $257,607 | $257,607 | 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 Marjorie R Stermer Charitable Tr (EIN 16-6498259) 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.