Rask Memorial Fund Founded In Memory of Michael Paul Rask 1959- is a 501(c)(3) organization based in Clackamas, Oregon, registered in 1979, with $141,365 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$141K
▲ 56.8% vs prior year
Expenses (FY2024)
$84K
Net assets
$1.5M
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 Rask Memorial Fund Founded In Memory of Michael Paul Rask 1959-— 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 Rask Memorial Fund Founded In Memory of Michael Paul Rask 1959-: 217 mo reserves · +41% 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 Rask Memorial Fund Founded In Memory of Michael Paul Rask 1959-— 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 Rask Memorial Fund Founded In Memory of Michael Paul Rask 1959-: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $92K (FY2013) to $141K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
40.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.5M
Total liabilities
$0
Net assets
$1.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $141,365▲56.8% | $83,937▲14.8% | $1,521,022▲3.9% | $1,521,022▲3.9% | 990 |
| 2023 | $90,148▼9.9% | $73,147▼1.7% | $1,463,594▲1.2% | $1,463,594▲1.2% | 990 |
| 2022 | $100,071▼34.4% | $74,387▲1.6% | $1,446,593▲1.8% | $1,446,593▲1.8% | 990 |
| 2021 | $152,451▲98.2% | $73,209▲3.4% | $1,420,909▲5.9% | $1,420,909▲5.9% | 990 |
| 2020 | $76,918▼38.9% | $70,830▼8.6% | $1,341,667▲0.5% | $1,341,667▲0.5% | 990 |
| 2019 | $125,786▲5.7% | $77,518▼4.4% | $1,335,579▲3.7% | $1,335,579▲3.7% | 990 |
| 2018 | $119,016▼2.3% | $81,054▲7.8% | $1,287,311▲3.0% | $1,287,311▲3.0% | 990 |
| 2017 | $121,771▲25.5% | $75,187▲7.9% | $1,249,349▲3.9% | $1,249,349▲3.9% | 990 |
| 2016 | $96,999▼39.0% | $69,660▲27.4% | $1,202,765▲2.3% | $1,202,765▲2.3% | 990 |
| 2015 | $159,120▲26.0% | $54,698▲11.1% | $1,175,426▲9.7% | $1,175,426▲9.7% | 990 |
| 2014 | $126,281▲37.6% | $49,217▲14.5% | $1,071,004▲7.8% | $1,071,004▲7.8% | 990 |
| 2013 | $91,766 | $42,994▲24.1% | $993,940▲5.2% | $993,940▲5.2% | 990 |
| 2012 | — | $34,650 | $945,168 | $945,168 | 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.
1 grant to Rask Memorial Fund Founded In Memory of Michael Paul Rask 1959- totaling $6,500, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2019 | $6,500 |
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Data for Rask Memorial Fund Founded In Memory of Michael Paul Rask 1959- (EIN 93-0736827) 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.