Michael H Flanagan Foundation is a 501(c)(3) organization based in Barrington, Rhode Island, registered in 2004, with $74,916 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$75K
▲ 66.8% vs prior year
Human Services median: $293K
Expenses (FY2024)
$30K
Net assets
$83K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 H Flanagan 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 H Flanagan Foundation: 34 mo reserves · +61% margin earns a A 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 H Flanagan 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 H Flanagan Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $86K (FY2012) to $75K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
60.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$83K
Net assets
$83K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $74,916▲66.8% | $29,580▼56.1% | $82,595▲122% | $82,595▲118% | 990EZ |
| 2023 | $44,915▼34.2% | $67,370▲13.0% | $37,258▼37.6% | $37,832▼37.2% | 990EZ |
| 2022 | $68,275▲7.4% | $59,628▲26.1% | $59,712▲16.9% | $60,220▲13.0% | 990EZ |
| 2021 | $63,584▲187% | $47,282▲81.4% | $51,065▲46.9% | $53,304▲47.7% | 990EZ |
| 2020 | $22,125▲66.1% | $26,070▼40.5% | $34,763▼10.2% | $36,085▼10.4% | 990EZ |
| 2019 | $13,324▼83.9% | $43,839▼26.1% | $38,708▼44.1% | $40,283▼43.4% | 990EZ |
| 2018 | $82,613▲58.8% | $59,319▲8.9% | $69,223▲5.3% | $71,223▲6.0% | 990EZ |
| 2016 | $52,015▲94.7% | $54,461▲75.2% | $65,717▼0.7% | $67,187 | 990EZ |
| 2015 | $26,717▼58.8% | $31,085▼38.2% | $66,202▼6.2% | $67,186▼8.2% | 990EZ |
| 2014 | $64,876▲589% | $50,310▲4.7% | $70,570▲26.0% | $73,199▲26.9% | 990EZ |
| 2013 | $9,412▼89.1% | $48,035▼5.4% | $56,004▼40.8% | $57,675▼39.1% | 990EZ |
| 2012 | $86,338 | $50,803 | $94,627 | $94,627 | 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 Michael H Flanagan Foundation totaling $49K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Paypal Charitable Giving Fund | General support | 2024 | $6,628 |
| Paypal Charitable Giving Fund | General support | 2021 | $21,319 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $9,175 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2018 | $7,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2016 | $5,150 |
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Data for Michael H Flanagan Foundation (EIN 45-0477141) 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.