Ronald B and Joan B Krage Foundation is a 501(c)(3) organization based in Sioux City, Iowa, registered in 2001, with $25,415 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$25K
▼ 70.9% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$19K
Net assets
$348K
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 Ronald B and Joan B Krage 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 Ronald B and Joan B Krage Foundation: 217 mo reserves · +24% 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 Ronald B and Joan B Krage 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 Ronald B and Joan B Krage Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $11K (FY2013) to $25K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
24.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$348K
Total liabilities
$0
Net assets
$348K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $25,415▼70.9% | $19,214▲10.6% | $348,171▲1.8% | $348,171▲1.8% | 990PF |
| 2023 | $87,475▲759% | $17,376▼14.1% | $341,970▲24.7% | $341,970▲24.7% | 990PF |
| 2022 | $10,184▼58.3% | $20,223▲15.1% | $274,327▼3.5% | $274,327▼3.5% | 990PF |
| 2021 | $24,444▲34.5% | $17,571 | $284,366▲2.5% | $284,366▲2.5% | 990PF |
| 2020 | $18,171▲84.1% | $17,565▲2.1% | $277,493▲0.2% | $277,493▲0.2% | 990PF |
| 2019 | $9,870▼45.0% | $17,207▼5.1% | $276,887▼2.6% | $276,887▼2.6% | 990PF |
| 2018 | $17,942▲12.1% | $18,135▲6.8% | $284,224▼0.1% | $284,224▼0.1% | 990PF |
| 2017 | $16,001▲222% | $16,978▲5.6% | $284,417▼0.3% | $284,417▼0.3% | 990PF |
| 2016 | $4,976▼93.2% | $16,078▼7.5% | $285,394▼3.7% | $285,394▼3.7% | 990PF |
| 2015 | $72,800▼40.9% | $17,386▲14.3% | $296,496▲23.0% | $296,496▲23.0% | 990PF |
| 2014 | $123,175▲978% | $15,216▲88.0% | $241,082▲81.1% | $241,082▲81.1% | 990PF |
| 2013 | $11,431 | $8,093▲36.7% | $133,123▲2.6% | $133,123▲2.6% | 990PF |
| 2012 | — | $5,919▼80.4% | $129,785▲3.8% | $129,785▲3.8% | 990PF |
| 2011 | — | $30,190▲216% | $125,090▼7.0% | $125,090▼7.0% | 990PF |
| 2010 | — | $9,541 | $134,563 | $134,563 | 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 Ronald B and Joan B Krage Foundation (EIN 42-1497947) 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.