Raymond M and Jane E Cracchiolo Foundation is a 501(c)(3) organization based in St Clr Shores, Michigan, registered in 1984, with $1,940,054 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$1.9M
▲ 154.7% vs prior year
Expenses (FY2024)
$763K
Net assets
$8.5M
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 Raymond M and Jane E Cracchiolo 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 Raymond M and Jane E Cracchiolo Foundation: 134 mo reserves · +61% 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 Raymond M and Jane E Cracchiolo 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 Raymond M and Jane E Cracchiolo Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $1.4M (FY2013) to $1.9M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
60.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$8.5M
Total liabilities
$0
Net assets
$8.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,940,054▲155% | $762,756▼4.3% | $8,504,643▲16.1% | $8,504,643▲16.1% | 990PF |
| 2023 | $761,560▲105% | $796,754▼17.5% | $7,327,513▼0.1% | $7,327,513▼0.1% | 990PF |
| 2022 | $371,921▼47.7% | $966,178▲31.9% | $7,337,567▼7.4% | $7,337,567▼7.4% | 990PF |
| 2021 | $710,524▲2.7% | $732,486▲10.8% | $7,926,590▼0.6% | $7,926,590▼0.6% | 990PF |
| 2020 | $691,953▲49.0% | $661,030▼6.5% | $7,974,425▲0.4% | $7,974,425▲0.4% | 990PF |
| 2019 | $464,537▲23.1% | $707,087▲8.6% | $7,939,902▼3.0% | $7,939,902▼5.1% | 990PF |
| 2018 | $377,224▼9.4% | $651,122▲14.0% | $8,185,651▼3.0% | $8,370,309▼0.9% | 990PF |
| 2017 | $416,281▲17.2% | $570,952▲1.3% | $8,442,654▼2.0% | $8,442,654▼2.0% | 990PF |
| 2016 | $355,059▲71.9% | $563,368▲4.9% | $8,612,949▼2.6% | $8,612,949▼2.6% | 990PF |
| 2015 | $206,541▼69.0% | $537,006▲14.5% | $8,845,646▼3.3% | $8,845,646▼3.3% | 990PF |
| 2014 | $666,295▼51.2% | $468,839▲96.8% | $9,146,303▲2.2% | $9,146,303▲2.2% | 990PF |
| 2013 | $1,364,974 | $238,269▼21.4% | $8,948,341▲23.8% | $8,948,341▲23.8% | 990PF |
| 2011 | — | $303,157 | $7,230,209 | $7,230,209 | 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 Raymond M and Jane E Cracchiolo Foundation (EIN 38-2556359) 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.