Milton A & Charlotte R Kramer Charitable Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Milton A & Charlotte R Kramer Charitable Foundation is a 501(c)(3) organization based in Independence, Ohio, registered in 1985, with $458,997 in FY2024 revenue. CharityIndex grades it F.
6450 Rockside Woods Blvd S Ste 230, Independence, OH, 44131 EIN 34-1467089 Since 1985
Revenue (FY2024)
$459K
▼ 4.5% vs prior year
Expenses (FY2024)
$707K
Net assets
$6.2M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Milton A & Charlotte R Kramer Charitable Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating104 mo reserves · -54% 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 Milton A & Charlotte R Kramer Charitable Foundation: 104 mo reserves · -54% margin earns a F 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 Milton A & Charlotte R Kramer Charitable 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 Milton A & Charlotte R Kramer Charitable Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 6450 Rockside Woods Blvd S Ste 230, Independence, OH, 44131
- City
- Independence
- State
- Ohio
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $300K (FY2015) to $459K (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $6.2M
Operating margin
-54.1%
Spent more than it raised in the latest fiscal year.
Total assets
$6.2M
Total liabilities
$0
Net assets
$6.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $458,997▼4.5% | $707,425▼41.9% | $6,156,549▼3.9% | $6,156,549▼3.9% | 990PF |
| 2023 | $480,785▼47.0% | $1,216,649▲276% | $6,404,977▼10.3% | $6,404,977▼10.3% | 990PF |
| 2022 | $907,948▼52.4% | $323,440▼73.8% | $7,140,179▲8.7% | $7,140,179▲8.7% | 990PF |
| 2021 | $1,905,989▼25.8% | $1,233,741▲37.2% | $6,569,924▲13.2% | $6,569,924▲13.2% | 990PF |
| 2020 | $2,570,008▲1466% | $899,170▲71.9% | $5,805,509▲40.4% | $5,805,509▲40.4% | 990PF |
| 2019 | $164,116▼88.6% | $523,086▼17.2% | $4,134,671▼6.6% | $4,134,671▼6.6% | 990PF |
| 2018 | $1,444,208▲27.9% | $632,094▲75.9% | $4,427,356▲22.5% | $4,427,356▲22.1% | 990PF |
| 2017 | $1,128,808▲141% | $359,284▼19.0% | $3,615,242▲27.0% | $3,625,846▲27.4% | 990PF |
| 2016 | $468,799▲56.2% | $443,681▲9.2% | $2,845,718▲0.9% | $2,845,718▲0.9% | 990PF |
| 2015 | $300,049 | $406,449 | $2,820,600 | $2,820,600 | 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 Milton A & Charlotte R Kramer Charitable Foundation a legitimate nonprofit?
- Yes. Milton A & Charlotte R Kramer Charitable Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 34-1467089, based in Independence, Ohio. Donations are tax-deductible.
- What is Milton A & Charlotte R Kramer Charitable Foundation's EIN?
- Milton A & Charlotte R Kramer Charitable Foundation's Employer Identification Number (EIN) is 34-1467089.
- How much revenue does Milton A & Charlotte R Kramer Charitable Foundation report?
- Milton A & Charlotte R Kramer Charitable Foundation reported $458,997 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Milton A & Charlotte R Kramer Charitable Foundation have?
- CharityIndex grades Milton A & Charlotte R Kramer Charitable Foundation F, based on financial health (reserves and operating margin).
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Data for Milton A & Charlotte R Kramer Charitable Foundation (EIN 34-1467089) 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.