Mitchell P Rales Family Foundation
Only null% goes to programs Growing revenue
Mitchell P Rales Family Foundation is a 501(c)(3) organization based in Potomac, Maryland, registered in 1995, with $2,532,631 in FY2024 revenue. CharityIndex grades it C+.
11790 Glen Rd, Potomac, MD, 20854 EIN 54-1739159 Since 1995
Revenue (FY2024)
$2.5M
▲ 290.7% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$1.8M
Net assets
$730K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
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 →—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 Mitchell P Rales 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 →
AFinancial health25% of the rating5 mo reserves · +28% 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 Mitchell P Rales Family Foundation: 5 mo reserves · +28% margin earns a A 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 Mitchell P Rales 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 Mitchell P Rales Family Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 11790 Glen Rd, Potomac, MD, 20854
- City
- Potomac
- State
- Maryland
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $2.0M (FY2020) to $2.5M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $730K
Operating margin
28.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$730K
Total liabilities
$0
Net assets
$730K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,532,631▲291% | $1,816,570▲232% | $729,908▲270% | $729,908▲270% | 990PF |
| 2023 | $648,240▼79.9% | $547,300▼83.0% | $197,469▼15.8% | $197,469▼15.8% | 990PF |
| 2022 | $3,220,637▲150% | $3,224,830▲139% | $234,507▼21.4% | $234,507▼21.4% | 990PF |
| 2021 | $1,285,937▼36.1% | $1,350,023▼23.2% | $298,528▼9.9% | $298,528▼9.9% | 990PF |
| 2020 | $2,011,403 | $1,758,422 | $331,382 | $331,382 | 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 Mitchell P Rales Family Foundation a legitimate nonprofit?
- Yes. Mitchell P Rales Family Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 54-1739159, based in Potomac, Maryland. Donations are tax-deductible.
- What is Mitchell P Rales Family Foundation's EIN?
- Mitchell P Rales Family Foundation's Employer Identification Number (EIN) is 54-1739159.
- How much revenue does Mitchell P Rales Family Foundation report?
- Mitchell P Rales Family Foundation reported $2,532,631 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Mitchell P Rales Family Foundation have?
- CharityIndex grades Mitchell P Rales Family Foundation C+, based on financial health (reserves and operating margin).
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Data for Mitchell P Rales Family Foundation (EIN 54-1739159) 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.