Peter A Ridings Memorial Foundation is a 501(c)(3) organization based in Cazenovia, New York, registered in 1956, with $39,172 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$39K
▲ 81.7% vs prior year
Expenses (FY2024)
$71K
Net assets
$322K
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 Peter A Ridings Memorial 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 Peter A Ridings Memorial Foundation: 55 mo reserves · -80% margin earns a F 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 Peter A Ridings Memorial 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 Peter A Ridings Memorial Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $27K (FY2013) to $39K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
-80.0%
Spent more than it raised in the latest fiscal year.
Total assets
$338K
Total liabilities
$16K
Net assets
$322K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $39,172▲81.7% | $70,522▲15.4% | $322,348▼8.9% | $338,048▼4.8% | 990PF |
| 2023 | $21,560▼8.4% | $61,116▲17.2% | $353,698▼10.1% | $354,988▼9.7% | 990PF |
| 2022 | $23,536▲11.3% | $52,133▲4234% | $393,254▼6.8% | $393,254▼6.8% | 990PF |
| 2021 | $21,140▲12.3% | $1,203▲41.5% | $421,851▲5.0% | $421,851▲5.0% | 990PF |
| 2020 | $18,829▼3.1% | $850▼88.8% | $401,914▲4.7% | $401,914▲4.7% | 990PF |
| 2019 | $19,439▲5.6% | $7,600▲2.9% | $383,935▲3.2% | $383,935▲3.2% | 990PF |
| 2018 | $18,403▼63.8% | $7,387▼89.3% | $372,096▼45.0% | $372,096▼45.0% | 990PF |
| 2016 | $50,796▼26.6% | $68,896▲6.9% | $676,614▼2.6% | $676,614▼2.6% | 990PF |
| 2015 | $69,173▲190% | $64,472▲4.5% | $694,714▲0.7% | $694,714▲0.3% | 990PF |
| 2014 | $23,871▼10.6% | $61,719▲1.2% | $690,013▼5.2% | $692,527▼4.9% | 990PF |
| 2013 | $26,704 | $60,996▲22.0% | $727,861▼4.5% | $727,861▼4.5% | 990PF |
| 2012 | — | $49,999 | $762,153 | $762,153 | 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 Peter A Ridings Memorial Foundation (EIN 15-6021539) 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.