Phillip V and Sylvia M Fredericksonfoundation
Only null% goes to programs Strong reserves Declining revenue
Phillip V and Sylvia M Fredericksonfoundation is a 501(c)(3) organization based in Grand Rapids, Michigan, registered in 2007, with $45,216 in FY2024 revenue. CharityIndex grades it F.
2160 Watermark Dr Se, Grand Rapids, MI, 49546 EIN 20-8054415 Since 2007
Revenue (FY2024)
$45K
▲ 217.5% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$68K
Net assets
$980K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Phillip V and Sylvia M Fredericksonfoundation— 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 rating172 mo reserves · -51% 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 Phillip V and Sylvia M Fredericksonfoundation: 172 mo reserves · -51% 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 Phillip V and Sylvia M Fredericksonfoundation— 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 Phillip V and Sylvia M Fredericksonfoundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 2160 Watermark Dr Se, Grand Rapids, MI, 49546
- City
- Grand Rapids
- State
- Michigan
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $84K (FY2013) to $45K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $980K
Operating margin
-50.9%
Spent more than it raised in the latest fiscal year.
Total assets
$980K
Total liabilities
$0
Net assets
$980K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $45,216▲217% | $68,229▼5.9% | $980,172▼2.3% | $980,172▼2.3% | 990PF |
| 2023 | $14,243▼86.9% | $72,485▼7.8% | $1,003,180▼5.5% | $1,003,180▼5.5% | 990PF |
| 2022 | $108,754▼19.1% | $78,591▲15.2% | $1,061,424▲2.9% | $1,061,424▲2.9% | 990PF |
| 2021 | $134,370▼28.0% | $68,246▲18.1% | $1,031,268▲6.9% | $1,031,268▲6.9% | 990PF |
| 2020 | $186,632▼1.4% | $57,795▲0.3% | $965,144▲15.4% | $965,144▲15.4% | 990PF |
| 2019 | $189,240▲278% | $57,636▲7.8% | $836,308▲1.5% | $836,308▲1.5% | 990PF |
| 2018 | $50,050▲15.9% | $53,451▲1.1% | $823,698▼0.4% | $823,698▼0.4% | 990PF |
| 2017 | $43,176▼1.3% | $52,886▲1.8% | $827,214▼1.1% | $827,214▼1.2% | 990PF |
| 2016 | $43,756▲80.1% | $51,940▼0.2% | $836,807▼1.0% | $837,557▼1.0% | 990PF |
| 2015 | $24,296▼41.9% | $52,025▲0.5% | $844,991▼3.2% | $845,741▼3.2% | 990PF |
| 2014 | $41,823▼50.3% | $51,775▲14.9% | $872,720▼1.1% | $873,470▼1.1% | 990PF |
| 2013 | $84,162 | $45,080▼0.9% | $882,672▲4.6% | $883,422▲4.6% | 990PF |
| 2012 | — | $45,484▲11.9% | $843,590▲3.8% | $844,340▲3.8% | 990PF |
| 2011 | — | $40,663▲8.6% | $812,741▼2.6% | $813,491▼2.6% | 990PF |
| 2010 | — | $37,454 | $834,319 | $835,069 | 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 Phillip V and Sylvia M Fredericksonfoundation a legitimate nonprofit?
- Yes. Phillip V and Sylvia M Fredericksonfoundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 20-8054415, based in Grand Rapids, Michigan. Donations are tax-deductible.
- What is Phillip V and Sylvia M Fredericksonfoundation's EIN?
- Phillip V and Sylvia M Fredericksonfoundation's Employer Identification Number (EIN) is 20-8054415.
- How much revenue does Phillip V and Sylvia M Fredericksonfoundation report?
- Phillip V and Sylvia M Fredericksonfoundation reported $45,216 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Phillip V and Sylvia M Fredericksonfoundation have?
- CharityIndex grades Phillip V and Sylvia M Fredericksonfoundation F, based on financial health (reserves and operating margin).
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Data for Phillip V and Sylvia M Fredericksonfoundation (EIN 20-8054415) 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.