Michael J and Carla J Kilbane Family Foundation
Only null% goes to programs Strong reserves Growing revenue
Michael J and Carla J Kilbane Family Foundation is a 501(c)(3) organization based in Wilmington, Delaware, registered in 2014, with $654,986 in FY2024 revenue. CharityIndex grades it C+.
Foundation Source 501 Silverside Rd, Wilmington, DE, 19809 EIN 46-1610196 Since 2014
Revenue (FY2024)
$655K
▲ 1599.5% vs prior year
Religion median: $139K
Expenses (FY2024)
$104K
Net assets
$2.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
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 J and Carla J Kilbane Family Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating263 mo reserves · +84% margin
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 J and Carla J Kilbane Family Foundation: 263 mo reserves · +84% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 J and Carla J Kilbane Family Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
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 J and Carla J Kilbane Family Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Foundation Source 501 Silverside Rd, Wilmington, DE, 19809
- City
- Wilmington
- State
- Delaware
- Category
- Religion-Related
- Subcategory
- Religious Organizations
Financial trends
Revenue grew from $20K (FY2016) to $655K (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $2.3M
Operating margin
84.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.3M
Total liabilities
$0
Net assets
$2.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $654,986▲1599% | $103,678▲32.3% | $2,272,103▲32.0% | $2,272,103▲32.0% | 990PF |
| 2023 | $38,541▼54.4% | $78,377▼36.0% | $1,720,795▼2.3% | $1,720,795▼2.3% | 990PF |
| 2022 | $84,468▲198% | $122,425▲0.5% | $1,760,631▼2.1% | $1,760,631▼2.1% | 990PF |
| 2021 | $28,314▼67.4% | $121,805▲7.3% | $1,798,588▼4.9% | $1,798,588▼4.9% | 990PF |
| 2020 | $86,937▼91.5% | $113,498▲54.3% | $1,892,079▼1.4% | $1,892,079▼1.4% | 990PF |
| 2019 | $1,019,549▲1427% | $73,544▲1.1% | $1,918,640▲97.3% | $1,918,640▲97.3% | 990PF |
| 2018 | $66,775▲296% | $72,725▲35.9% | $972,635▼0.6% | $972,635▼0.6% | 990PF |
| 2017 | $16,865▼15.3% | $53,525▼10.7% | $978,585▼3.6% | $978,585▼3.6% | 990PF |
| 2016 | $19,904 | $59,922 | $1,015,245 | $1,015,245 | 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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Frequently asked questions
- Is Michael J and Carla J Kilbane Family Foundation a legitimate nonprofit?
- Yes. Michael J and Carla J Kilbane Family Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 46-1610196, based in Wilmington, Delaware. Donations are tax-deductible.
- What is Michael J and Carla J Kilbane Family Foundation's EIN?
- Michael J and Carla J Kilbane Family Foundation's Employer Identification Number (EIN) is 46-1610196.
- How much revenue does Michael J and Carla J Kilbane Family Foundation report?
- Michael J and Carla J Kilbane Family Foundation reported $654,986 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Michael J and Carla J Kilbane Family Foundation have?
- CharityIndex grades Michael J and Carla J Kilbane Family Foundation C+, based on financial health (reserves and operating margin).
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Data for Michael J and Carla J Kilbane Family Foundation (EIN 46-1610196) 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.