Michael D Achey and Susan E Thomas Charitable Foundation Inc is a 501(c)(3) organization based in North Easton, Massachusetts, registered in 2015, with $111,431 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$111K
▲ 606.6% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$31K
Net assets
$407K
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 Michael D Achey and Susan E Thomas Charitable 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 Michael D Achey and Susan E Thomas Charitable Foundation Inc: 156 mo reserves · +72% 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 Michael D Achey and Susan E Thomas Charitable 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 Michael D Achey and Susan E Thomas Charitable Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $25K (FY2015) to $111K (FY2024) across 9 reported years.
Financial snapshot
Operating margin
71.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$407K
Total liabilities
$0
Net assets
$407K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $111,431▲607% | $31,370▲24.7% | $406,717▲24.6% | $406,717▲24.6% | 990PF |
| 2023 | $15,770▼46.8% | $25,157▲138% | $326,310▼2.4% | $326,310▼2.4% | 990PF |
| 2022 | $29,669▲1035% | $10,560▲203% | $334,185▲3.5% | $334,185▲3.5% | 990PF |
| 2021 | -$3,173▼103% | $3,480▼42.1% | $322,907▲5.1% | $322,907▲5.1% | 990PF |
| 2020 | $116,300▲25.1% | $6,010▼70.9% | $307,168▲54.4% | $307,168▲54.4% | 990PF |
| 2019 | $92,996▲73.7% | $20,635▲54.2% | $198,975▲59.1% | $198,975▲59.1% | 990PF |
| 2018 | $53,548▲17.0% | $13,385▲219% | $125,052▲116% | $125,052▲116% | 990PF |
| 2016 | $45,761▲83.0% | $4,190▼52.4% | $57,776▲257% | $57,776▲257% | 990PF |
| 2015 | $25,000 | $8,795 | $16,205 | $16,205 | 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 Michael D Achey and Susan E Thomas Charitable Foundation Inc (EIN 47-2674245) 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.