Merrill & Patricia Kirschcharitable Foundation is a 501(c)(3) organization based in Waconia, Minnesota, registered in 2007, with $27,524 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$28K
▲ 55.7% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$49K
Net assets
$592K
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 Merrill & Patricia Kirschcharitable 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 Merrill & Patricia Kirschcharitable Foundation: 145 mo reserves · -78% 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 Merrill & Patricia Kirschcharitable 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 Merrill & Patricia Kirschcharitable Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $529K (FY2016) to $28K (FY2024) across 9 reported years.
Financial snapshot
Operating margin
-78.4%
Spent more than it raised in the latest fiscal year.
Total assets
$592K
Total liabilities
$0
Net assets
$592K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $27,524▲55.7% | $49,114▲7.5% | $592,240▼3.5% | $592,240▼3.5% | 990PF |
| 2023 | $17,675▼76.4% | $45,679▲171% | $613,830▼5.4% | $613,830▼5.4% | 990PF |
| 2022 | $74,964▲0.9% | $16,856▼58.9% | $648,832▲11.1% | $648,832▲11.1% | 990PF |
| 2021 | $74,271▲82.3% | $40,987▲9.1% | $584,147▲6.0% | $584,147▲6.0% | 990PF |
| 2020 | $40,734▲59.8% | $37,577▼0.7% | $550,863▲0.6% | $550,863▲0.6% | 990PF |
| 2019 | $25,485▼31.8% | $37,826▼2.6% | $547,559▼2.2% | $547,559▼2.2% | 990PF |
| 2018 | $37,376▼5.0% | $38,833▼29.5% | $559,667▼0.3% | $559,667▼0.3% | 990PF |
| 2017 | $39,363▼92.6% | $55,098▲1497% | $561,305▼2.7% | $561,305▼2.7% | 990PF |
| 2016 | $528,952 | $3,451 | $577,066 | $577,066 | 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 Merrill & Patricia Kirschcharitable Foundation (EIN 20-8105609) 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.