Non-ferrous Founders Society Inc is a 501(c)(6) organization based in Sturgis, Michigan, registered in 1944, with $2,656,765 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$2.7M
▲ 98.8% vs prior year
Expenses (FY2024)
$2.6M
Net assets
$673K
Employees
—
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 →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 Non-ferrous Founders Society Inc— 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 Non-ferrous Founders Society Inc: 3 mo reserves · +3% margin earns a A 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 Non-ferrous Founders Society Inc— 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 Non-ferrous Founders Society Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $768K (FY2013) to $2.7M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
3.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.6M
Total liabilities
$928K
Net assets
$673K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,656,765▲98.8% | $2,574,318▲90.9% | $673,327▲14.0% | $1,601,238▲22.1% | 990 |
| 2023 | $1,336,733▲16.8% | $1,348,661▲17.8% | $590,880▼2.0% | $1,311,457▲79.4% | 990 |
| 2022 | $1,144,817▼12.5% | $1,144,471▼8.0% | $602,808▲0.1% | $730,821▼17.4% | 990 |
| 2021 | $1,307,932▲2.0% | $1,244,444▲1.7% | $602,462▲11.8% | $885,267▲6.5% | 990 |
| 2020 | $1,281,971▼12.6% | $1,223,131▼10.0% | $538,974▲12.3% | $830,865▲34.3% | 990 |
| 2019 | $1,467,563▼14.4% | $1,358,595▼19.0% | $480,134▲29.4% | $618,480▼11.1% | 990 |
| 2018 | $1,714,822▲55.9% | $1,678,063▲57.8% | $371,166▲11.0% | $695,500▼0.2% | 990 |
| 2017 | $1,099,714▲61.4% | $1,063,198▲73.7% | $334,408▲12.3% | $697,144▲86.0% | 990 |
| 2016 | $681,265▼6.2% | $612,048▼18.1% | $297,892▲30.3% | $374,734▲39.5% | 990 |
| 2015 | $726,646▼9.1% | $747,074▲2.4% | $228,675▼8.2% | $268,614▼17.9% | 990 |
| 2014 | $799,695▲4.2% | $729,621▼1.9% | $249,103▲39.1% | $327,298▲34.9% | 990 |
| 2013 | $767,706 | $743,991▼4.0% | $179,029▲15.3% | $242,550▲16.7% | 990 |
| 2012 | — | $774,692▼16.0% | $155,314▼13.7% | $207,820▼8.9% | 990 |
| 2011 | — | $922,623 | $179,938 | $228,069 | 990 |
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 Non-ferrous Founders Society Inc (EIN 34-0903465) 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.