Meghan K Duffy Memorial Foundation Inc is a 501(c)(3) organization based in Coventry, Rhode Island, registered in 2008, with $1,388 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$1,388
▼ 95.6% vs prior year
Education median: $200K
Expenses (FY2024)
$9,765
Net assets
$5,053
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 Meghan K Duffy Memorial Foundation Inc— 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 Meghan K Duffy Memorial Foundation Inc: 6 mo reserves · -604% margin earns a F 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 Meghan K Duffy Memorial Foundation Inc— 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 Meghan K Duffy Memorial Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue declined from $9,707 (FY2010) to $1,388 (FY2024) across 15 reported years.
Financial snapshot
Operating margin
-603.5%
Spent more than it raised in the latest fiscal year.
Total assets
$5,053
Total liabilities
$0
Net assets
$5,053
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,388▼95.6% | $9,765▼63.6% | $5,053▼62.4% | $5,053▼62.4% | 990EZ |
| 2023 | $31,891▲47.1% | $26,815▲30.2% | $13,430▲60.8% | $13,430▲60.8% | 990EZ |
| 2022 | $21,679▼30.1% | $20,596▼39.6% | $8,354▲14.9% | $8,354▲14.9% | 990EZ |
| 2021 | $31,028▲158% | $34,073▼0.7% | $7,271▼29.5% | $7,271▼29.5% | 990EZ |
| 2020 | $12,015▼70.0% | $34,302▲41.3% | $10,316▼68.4% | $10,316▼68.4% | 990EZ |
| 2019 | $39,992▲85.4% | $24,284▼8.5% | $32,603▲93.0% | $32,603▲93.0% | 990EZ |
| 2018 | $21,572▼79.8% | $26,533▼74.1% | $16,895▼22.7% | $16,895▼22.7% | 990EZ |
| 2017 | $106,728▲150% | $102,294▲137% | $21,856▲25.5% | $21,856▲25.5% | 990EZ |
| 2016 | $42,749▲13.5% | $43,219▲30.4% | $17,422▼2.6% | $17,422▼2.6% | 990EZ |
| 2015 | $37,672▲135% | $33,142▲8.5% | $17,892▲33.9% | $17,892▲33.9% | 990EZ |
| 2014 | $16,051▲41.9% | $30,551▲418% | $13,362▼52.0% | $13,362▼52.0% | 990EZ |
| 2013 | $11,311▼27.1% | $5,900▼7.2% | $27,862▲24.1% | $27,862▲24.1% | 990EZ |
| 2012 | $15,519▼4.0% | $6,356▼51.6% | $22,451▲69.0% | $22,451▲69.0% | 990EZ |
| 2011 | $16,165▲66.5% | $13,132▲66.3% | $13,288▲29.6% | $13,288▲29.6% | 990EZ |
| 2010 | $9,707 | $7,897 | $10,255 | $10,255 | 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.
5 grants to Meghan K Duffy Memorial Foundation Inc totaling $30K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $5,250 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $7,750 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2018 | $7,050 |
| Donor Advised Charitable Giving | Education | 2018 | $5,250 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2017 | $5,000 |
Explore more
Data for Meghan K Duffy Memorial Foundation Inc (EIN 26-3129584) 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.