Michael J Dias Foundation Inc is a 501(c)(3) organization based in Ludlow, Massachusetts, registered in 2012, with $588,732 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$589K
▲ 21.8% vs prior year
Mental Health median: $333K
Expenses (FY2024)
$497K
Net assets
$694K
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 J Dias 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 J Dias Foundation Inc: 17 mo reserves · +16% 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 J Dias 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 J Dias Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $17K (FY2012) to $589K (FY2024) across 13 reported years.
Financial snapshot
Operating margin
15.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$781K
Total liabilities
$87K
Net assets
$694K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $588,732▲21.8% | $496,931▲10.6% | $693,748▲15.3% | $780,799▲10.7% | 990 |
| 2023 | $483,272▲5.4% | $449,123▲10.2% | $601,947▲6.0% | $705,635▲9.0% | 990 |
| 2022 | $458,554▲6.7% | $407,500▲26.6% | $567,798▲9.9% | $647,395▲8.6% | 990 |
| 2021 | $429,775▲71.0% | $321,804▲30.3% | $516,744▲26.4% | $596,112▲21.1% | 990 |
| 2020 | $251,388▲44.8% | $247,003▲67.6% | $408,773▲1.1% | $492,446▲20.8% | 990 |
| 2019 | $173,559▲20.1% | $147,349▲44.5% | $404,388▲6.9% | $407,803▲7.5% | 990EZ |
| 2018 | $144,520▼45.8% | $101,970▲49.9% | $378,178▲12.7% | $379,260▲12.4% | 990EZ |
| 2017 | $266,420▲184% | $68,042▲10.7% | $335,628▲145% | $337,297▲145% | 990 |
| 2016 | $93,840▼10.1% | $61,453▼27.9% | $137,250▲30.9% | $137,729▲30.5% | 990EZ |
| 2015 | $104,437▲40.4% | $85,209▲146% | $104,863▲22.5% | $105,523▲22.0% | 990EZ |
| 2014 | $74,366▲112% | $34,694▲851% | $85,635▲86.3% | $86,515▲88.2% | 990EZ |
| 2013 | $35,097▲107% | $3,649▲49.1% | $45,963▲217% | $45,963▲217% | 990EZ |
| 2012 | $16,962 | $2,447 | $14,515 | $14,515 | 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.
1 grant to Michael J Dias Foundation Inc totaling $5,489, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Paypal Charitable Giving Fund | — | 2019 | $5,489 |
Explore more
Data for Michael J Dias Foundation Inc (EIN 45-4675913) 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.