Richard M Fairbanks Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Richard M Fairbanks Foundation Inc is a 501(c)(3) organization based in Indianapolis, Indiana, registered in 1987, with $30,746,301 in FY2024 revenue. CharityIndex grades it B.
820 Massachusetts Ave Ste 1365, Indianapolis, IN, 46204 EIN 31-1189885 Since 1987
Revenue (FY2024)
$30.7M
▼ 1.8% vs prior year
Expenses (FY2024)
$25.3M
Net assets
$387.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—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 Richard M Fairbanks Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating184 mo reserves · +18% 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 Richard M Fairbanks Foundation Inc: 184 mo reserves · +18% margin earns a B+ 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 Richard M Fairbanks Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Richard M Fairbanks Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 820 Massachusetts Ave Ste 1365, Indianapolis, IN, 46204
- City
- Indianapolis
- State
- Indiana
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $26.0M (FY2017) to $30.7M (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $387.3M
Operating margin
17.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$387.3M
Total liabilities
$0
Net assets
$387.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $30,746,301▼1.8% | $25,304,799▲0.2% | $387,266,061▲3.1% | $387,266,061▲3.1% | 990PF |
| 2023 | $31,315,153▲95.3% | $25,261,761▲15.8% | $375,535,735▲0.6% | $375,537,175▲0.6% | 990PF |
| 2022 | $16,032,948▼68.4% | $21,822,898▲3.9% | $373,299,346▼10.6% | $373,299,346▼10.6% | 990PF |
| 2021 | $50,688,731▲268% | $20,996,782▼2.2% | $417,423,592▲21.7% | $417,423,592▲21.7% | 990PF |
| 2020 | $13,782,735▼34.1% | $21,473,003▼4.5% | $343,052,565▲6.3% | $343,052,565▲6.3% | 990PF |
| 2019 | $20,910,648▼11.5% | $22,478,608▲1.6% | $322,621,944▲9.4% | $322,621,944▲9.4% | 990PF |
| 2018 | $23,633,603▼9.2% | $22,123,603▲7.8% | $294,991,711▲10.8% | $294,991,711▲10.8% | 990PF |
| 2017 | $26,024,770 | $20,516,660 | $266,301,276 | $266,301,511 | 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.
Frequently asked questions
- Is Richard M Fairbanks Foundation Inc a legitimate nonprofit?
- Yes. Richard M Fairbanks Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 31-1189885, based in Indianapolis, Indiana. Donations are tax-deductible.
- What is Richard M Fairbanks Foundation Inc's EIN?
- Richard M Fairbanks Foundation Inc's Employer Identification Number (EIN) is 31-1189885.
- How much revenue does Richard M Fairbanks Foundation Inc report?
- Richard M Fairbanks Foundation Inc reported $30,746,301 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Richard M Fairbanks Foundation Inc have?
- CharityIndex grades Richard M Fairbanks Foundation Inc B, based on financial health (reserves and operating margin).
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Data for Richard M Fairbanks Foundation Inc (EIN 31-1189885) 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.