Michael T Assarian Foundation is a 501(c)(3) organization based in Cincinnati, Ohio, registered in 2015, with $37,069 in FY2025 revenue. CharityIndex grades it F.
Revenue (FY2025)
$37K
▼ 78.9% vs prior year
Philanthropy median: $168K
Expenses (FY2025)
$71K
Net assets
$1.0M
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 T Assarian 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 T Assarian Foundation: 176 mo reserves · -91% margin earns a F 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 T Assarian 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 T Assarian Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $78K (FY2016) to $37K (FY2025) across 10 reported years.
Financial snapshot
Operating margin
-90.8%
Spent more than it raised in the latest fiscal year.
Total assets
$1.0M
Total liabilities
$0
Net assets
$1.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $37,069▼78.9% | $70,728▼1.0% | $1,035,836▼3.1% | $1,035,836▼3.1% | 990PF |
| 2024 | $175,367▲296% | $71,459▲3.8% | $1,069,406▲11.0% | $1,069,406▲11.0% | 990PF |
| 2023 | $44,288▲64.4% | $68,846▼9.3% | $963,366▼2.5% | $963,366▼2.5% | 990PF |
| 2022 | $26,942▼24.1% | $75,904▲7.5% | $988,495▼4.9% | $988,495▼4.9% | 990PF |
| 2021 | $35,479▲84.2% | $70,634▼4.3% | $1,039,126▼3.2% | $1,039,126▼3.2% | 990PF |
| 2020 | $19,264▼93.8% | $73,802▲6.2% | $1,073,203▲0.6% | $1,073,203▲0.6% | 990PF |
| 2019 | $312,063▲108% | $69,468▼6.2% | $1,066,924▲29.5% | $1,066,924▲29.5% | 990PF |
| 2018 | $149,771▲110% | $74,022▲1.1% | $824,058▲9.4% | $824,058▲9.4% | 990PF |
| 2017 | $71,197▼8.4% | $73,250▼31.4% | $753,060▼0.4% | $753,060▼0.4% | 990PF |
| 2016 | $77,700 | $106,804 | $756,240 | $756,240 | 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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Data for Michael T Assarian Foundation (EIN 38-7090484) 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.