Monford D and Lucy L Custer Foundation is a 501(c)(3) organization based in Leland, North Carolina, registered in 1997, with $167,043 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$167K
▲ 25.0% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$126K
Net assets
$1.7M
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 Monford D and Lucy L Custer 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 Monford D and Lucy L Custer Foundation: 158 mo reserves · +25% margin earns a B+ 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 Monford D and Lucy L Custer 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 Monford D and Lucy L Custer Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $197K (FY2013) to $167K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
24.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.7M
Total liabilities
$0
Net assets
$1.7M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $167,043▲25.0% | $125,642▲2.0% | $1,653,264▲2.6% | $1,653,264▲2.6% | 990PF |
| 2023 | $133,671▲24.7% | $123,177▼1.6% | $1,611,863▲0.7% | $1,611,863▲0.7% | 990PF |
| 2022 | $107,179▼79.6% | $125,180▲34.7% | $1,601,369▼1.1% | $1,601,369▼1.1% | 990PF |
| 2021 | $526,277▲248% | $92,902▲0.1% | $1,619,370▲36.5% | $1,619,370▲36.5% | 990PF |
| 2020 | $151,338▲11.3% | $92,768▼1.1% | $1,185,995▲5.0% | $1,185,995▲5.0% | 990PF |
| 2019 | $135,971▼39.6% | $93,797▲0.3% | $1,129,070▲3.7% | $1,129,070▲3.7% | 990PF |
| 2018 | $225,027▲66.9% | $93,501▼0.3% | $1,089,241▲13.8% | $1,089,241▲13.8% | 990PF |
| 2017 | $134,861▲75.3% | $93,790▲2.3% | $957,208▲4.5% | $957,208▲4.5% | 990PF |
| 2016 | $76,947▲16.4% | $91,670▼3.5% | $916,137▼1.6% | $916,137▼1.6% | 990PF |
| 2015 | $66,114▲131% | $95,031▲7.3% | $930,860▼3.0% | $930,860▼3.0% | 990PF |
| 2014 | $28,648▼85.5% | $88,579▲19.5% | $959,777▼5.9% | $959,777▼5.9% | 990PF |
| 2013 | $197,191 | $74,115▼2.2% | $1,019,708▲13.7% | $1,019,708▲13.7% | 990PF |
| 2012 | — | $75,792▼3.7% | $896,632▼4.5% | $896,632▼4.5% | 990PF |
| 2011 | — | $78,744▲11.9% | $938,635▲1.1% | $938,635▲1.1% | 990PF |
| 2010 | — | $70,339 | $928,822 | $928,822 | 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 Monford D and Lucy L Custer Foundation (EIN 54-1839172) 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.