Michael G Reagan Portrait Foundation is a 501(c)(3) organization based in Edmonds, Washington, registered in 2006, with $52,447 in FY2025 revenue. CharityIndex grades it B.
Revenue (FY2025)
$52K
▲ 38.0% vs prior year
Human Services median: $293K
Expenses (FY2025)
$30K
Net assets
$555K
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 G Reagan Portrait 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 Michael G Reagan Portrait Foundation: 219 mo reserves · +42% 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 G Reagan Portrait 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 Michael G Reagan Portrait Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $42K (FY2011) to $52K (FY2025) across 15 reported years.
Financial snapshot
Operating margin
42.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$555K
Total liabilities
$0
Net assets
$555K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $52,447▲38.0% | $30,419▲1.7% | $554,915▲4.1% | $554,915▲4.1% | 990 |
| 2024 | $38,016▼25.2% | $29,896▼10.4% | $532,887▲1.5% | $532,887▲1.5% | 990 |
| 2023 | $50,828▼17.2% | $33,368▲1.2% | $524,767▲3.5% | $524,767▲3.5% | 990 |
| 2022 | $61,382▲8.5% | $32,966▲23.1% | $507,263▲4.2% | $507,263▲4.2% | 990 |
| 2021 | $56,575▲13.1% | $26,777▲14.4% | $486,873▲8.4% | $486,873▲8.4% | 990EZ |
| 2020 | $50,008▲78.8% | $23,397▼2.2% | $449,048▲6.3% | $449,048▲6.3% | 990EZ |
| 2019 | $27,975▼68.4% | $23,912▼15.5% | $422,437▲1.0% | $422,437▲1.0% | 990EZ |
| 2018 | $88,454▼12.1% | $28,302▼20.4% | $418,374▲16.8% | $418,374▲16.8% | 990EZ |
| 2017 | $100,672▲79.1% | $35,548▲4.5% | $358,222▲22.2% | $358,222▲22.2% | 990EZ |
| 2016 | $56,212▲14.8% | $34,028▲14.2% | $293,098▲8.2% | $293,098▲8.2% | 990EZ |
| 2015 | $48,953▼9.1% | $29,785▼13.7% | $270,914▲7.6% | $270,914▲7.6% | 990EZ |
| 2014 | $53,856▼26.4% | $34,496▲20.9% | $251,746▲8.3% | $251,746▲8.3% | 990EZ |
| 2013 | $73,175▼13.2% | $28,535▼8.3% | $232,386▲23.8% | $232,386▲23.8% | 990EZ |
| 2012 | $84,332▲98.8% | $31,109▲4.1% | $187,746▲39.6% | $187,746▲39.6% | 990EZ |
| 2011 | $42,430 | $29,875 | $134,523 | $134,523 | 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.
3 grants to Michael G Reagan Portrait Foundation totaling $74K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Network For Good Inc | Unrestricted | 2023 | $22,085 |
| Network For Good Inc | Unrestricted | 2022 | $32,805 |
| Network For Good Inc | Unrestricted | 2021 | $19,442 |
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Data for Michael G Reagan Portrait Foundation (EIN 20-2905317) 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.