Monroe-brown Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Monroe-brown Foundation is a 501(c)(3) organization based in Kalamazoo, Michigan, registered in 1984, with $1,205,242 in FY2024 revenue. CharityIndex grades it D.
Po Box 51716, Kalamazoo, MI, 49005 EIN 38-2513263 Since 1984
Revenue (FY2024)
$1.2M
▲ 11.0% vs prior year
Expenses (FY2024)
$2.5M
Net assets
$24.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 Monroe-brown 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 rating120 mo reserves · -104% 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 Monroe-brown Foundation: 120 mo reserves · -104% 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 Monroe-brown Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Monroe-brown Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $851K (FY2020) to $1.2M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $24.5M
Operating margin
-103.9%
Spent more than it raised in the latest fiscal year.
Total assets
$24.5M
Total liabilities
$0
Net assets
$24.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,205,242▲11.0% | $2,457,107▲217% | $24,541,701▼4.9% | $24,541,701▼4.9% | 990PF |
| 2023 | $1,086,097▲18.2% | $775,704▼60.0% | $25,793,566▲1.2% | $25,793,566▲1.2% | 990PF |
| 2022 | $919,036▼92.0% | $1,938,228▲13.1% | $25,483,173▼3.8% | $25,483,173▼3.9% | 990PF |
| 2021 | $11,468,964▲1248% | $1,714,060▼2.2% | $26,502,365▲58.2% | $26,504,091▲57.6% | 990PF |
| 2020 | $851,061 | $1,753,500 | $16,747,461 | $16,820,025 | 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.
Grants received · $10K total
1 grant to Monroe-brown Foundation totaling $10K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Kalamazoo Community Foundation | Philanthropy, voluntarism & grant making foundations | 2020 | $10,000 |
Frequently asked questions
- Is Monroe-brown Foundation a legitimate nonprofit?
- Yes. Monroe-brown Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 38-2513263, based in Kalamazoo, Michigan. Donations are tax-deductible.
- What is Monroe-brown Foundation's EIN?
- Monroe-brown Foundation's Employer Identification Number (EIN) is 38-2513263.
- How much revenue does Monroe-brown Foundation report?
- Monroe-brown Foundation reported $1,205,242 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Monroe-brown Foundation have?
- CharityIndex grades Monroe-brown Foundation D, based on financial health (reserves and operating margin).
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Data for Monroe-brown Foundation (EIN 38-2513263) 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.