Michael J Connell Foundation Michael J Connell Charities Lte
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Michael J Connell Foundation Michael J Connell Charities Lte is a 501(c)(3) organization based in Pasadena, California, registered in 1935, with $917,163 in FY2023 revenue. CharityIndex grades it B.
155 S El Molino Ave Ste 103, Pasadena, CA, 91101 EIN 95-6000904 Since 1935
Revenue (FY2023)
$917K
▲ 24.0% vs prior year
Expenses (FY2023)
$1.0M
Net assets
$12.8M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—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 Connell Foundation Michael J Connell Charities Lte— 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 rating152 mo reserves · -10% 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 Connell Foundation Michael J Connell Charities Lte: 152 mo reserves · -10% 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 Connell Foundation Michael J Connell Charities Lte— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Connell Foundation Michael J Connell Charities Lte: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 155 S El Molino Ave Ste 103, Pasadena, CA, 91101
- City
- Pasadena
- State
- California
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $781K (FY2015) to $917K (FY2023) across 9 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $1,797Net assets $12.8M
Operating margin
-10.0%
Spent more than it raised in the latest fiscal year.
Total assets
$12.8M
Total liabilities
$1,797
Net assets
$12.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $917,163▲24.0% | $1,008,846▲5.2% | $12,812,763▼0.9% | $12,814,560▼0.9% | 990PF |
| 2022 | $739,902▼37.5% | $958,930▲1.6% | $12,933,265▼1.5% | $12,934,362▼1.6% | 990PF |
| 2021 | $1,184,012▼5.5% | $944,211▼8.2% | $13,132,230▲1.7% | $13,144,238▲1.8% | 990PF |
| 2020 | $1,253,394▲11.0% | $1,028,554▲7.2% | $12,913,720▲1.6% | $12,914,189▲1.6% | 990PF |
| 2019 | $1,129,377▼3.3% | $959,686▼20.5% | $12,706,380▲1.4% | $12,706,996▲1.4% | 990PF |
| 2018 | $1,167,746▼1.8% | $1,206,843▲39.0% | $12,536,689▼0.5% | $12,537,043▼0.5% | 990PF |
| 2017 | $1,189,332▲5.8% | $868,064▲24.0% | $12,597,687▲2.4% | $12,597,824▲2.3% | 990PF |
| 2016 | $1,123,808▲43.9% | $699,949▼2.1% | $12,302,245▲3.5% | $12,308,919▲3.6% | 990PF |
| 2015 | $781,098 | $715,049▼12.2% | $11,885,060▲11.8% | $11,885,060▲11.8% | 990PF |
| 2012 | — | $814,359 | $10,631,731 | $10,631,731 | 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.
Frequently asked questions
- Is Michael J Connell Foundation Michael J Connell Charities Lte a legitimate nonprofit?
- Yes. Michael J Connell Foundation Michael J Connell Charities Lte is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 95-6000904, based in Pasadena, California. Donations are tax-deductible.
- What is Michael J Connell Foundation Michael J Connell Charities Lte's EIN?
- Michael J Connell Foundation Michael J Connell Charities Lte's Employer Identification Number (EIN) is 95-6000904.
- How much revenue does Michael J Connell Foundation Michael J Connell Charities Lte report?
- Michael J Connell Foundation Michael J Connell Charities Lte reported $917,163 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Michael J Connell Foundation Michael J Connell Charities Lte have?
- CharityIndex grades Michael J Connell Foundation Michael J Connell Charities Lte B, based on financial health (reserves and operating margin).
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Data for Michael J Connell Foundation Michael J Connell Charities Lte (EIN 95-6000904) 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.