Marlene A Smith Foundation is a 501(c)(3) organization based in Lindstrom, Minnesota, registered in 2016, with $42,931 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$43K
▼ 48.6% vs prior year
Education median: $200K
Expenses (FY2024)
$41K
Net assets
$553K
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 Marlene A Smith 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 Marlene A Smith Foundation: 164 mo reserves · +6% 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 Marlene A Smith 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 Marlene A Smith Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $73K (FY2016) to $43K (FY2024) across 9 reported years.
Financial snapshot
Operating margin
5.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$553K
Total liabilities
$0
Net assets
$553K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $42,931▼48.6% | $40,514▲16.8% | $553,174▲5.5% | $553,174▲5.5% | 990PF |
| 2023 | $83,551▼35.1% | $34,698▼4.1% | $524,562▲14.3% | $524,562▲14.3% | 990PF |
| 2022 | $128,670▲86.1% | $36,182▲145% | $459,005▲23.9% | $459,005▲23.9% | 990PF |
| 2021 | $69,123▼0.2% | $14,785▲14.3% | $370,349▲1.4% | $370,349▲1.4% | 990PF |
| 2020 | $69,282▲47.2% | $12,932▲21.0% | $365,352▲40.5% | $365,352▲40.5% | 990PF |
| 2019 | $47,067▼34.2% | $10,689▲20.5% | $260,023▲10.3% | $260,023▲10.3% | 990PF |
| 2018 | $71,580▲53.9% | $8,869▲132% | $235,713▲35.2% | $235,713▲35.2% | 990PF |
| 2017 | $46,515▼36.3% | $3,824▲8.2% | $174,342▲32.3% | $174,342▲32.3% | 990PF |
| 2016 | $73,048 | $3,533 | $131,794 | $131,794 | 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 Marlene A Smith Foundation (EIN 47-5603437) 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.