Salisbury Foundation For Research & Education
Only null% goes to programs Strong reserves Declining revenue
Salisbury Foundation For Research & Education is a 501(c)(3) organization based in Salisbury, North Carolina, registered in 2011, with $439,512 in FY2024 revenue. CharityIndex grades it C+.
1601 Brenner Ave, Salisbury, NC, 28144 EIN 20-5582784 Since 2011
Revenue (FY2024)
$440K
▲ 15.4% vs prior year
Medical Research median: $217K
Expenses (FY2024)
$317K
Net assets
$2.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Salisbury Foundation For Research & Education— 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 rating95 mo reserves · +28% 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 Salisbury Foundation For Research & Education: 95 mo reserves · +28% 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 Salisbury Foundation For Research & Education— 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 Salisbury Foundation For Research & Education: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1601 Brenner Ave, Salisbury, NC, 28144
- City
- Salisbury
- State
- North Carolina
- Category
- Medical Research
- Subcategory
- Medical Specialty Research
Financial trends
Revenue grew from $3,630 (FY2010) to $440K (FY2024) across 15 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1,615Net assets $2.5M
Operating margin
27.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.5M
Total liabilities
$1,615
Net assets
$2.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $439,512▲15.4% | $316,914▼8.5% | $2,505,059▲5.1% | $2,506,674▲5.2% | 990 |
| 2023 | $380,895▼31.2% | $346,212▲27.5% | $2,382,461▼0.4% | $2,383,278▼0.4% | 990 |
| 2022 | $553,341▲4.8% | $271,497▼4.7% | $2,392,877▲13.4% | $2,393,698▲13.3% | 990 |
| 2021 | $528,168▲72.4% | $284,845▲191% | $2,111,034▲13.3% | $2,112,699▲13.2% | 990 |
| 2020 | $306,291▼4.1% | $97,987▲49.5% | $1,863,825▲15.0% | $1,866,721▲15.0% | 990 |
| 2019 | $319,327▼37.7% | $65,522▼40.4% | $1,620,521▲18.6% | $1,622,531▲18.4% | 990 |
| 2018 | $512,935▲19.0% | $109,897▲11.4% | $1,366,715▲39.5% | $1,369,895▲39.7% | 990 |
| 2017 | $431,130▲74.5% | $98,614▼27.8% | $979,484▲122% | $980,915▲122% | 990 |
| 2016 | $247,010▼42.9% | $136,498▼39.9% | $441,104▲33.6% | $442,536▲34.0% | 990 |
| 2015 | $432,503▲305% | $227,263▲821% | $330,204▲164% | $330,204▲164% | 990 |
| 2014 | $106,762▲664% | $24,677▲42.9% | $124,965▲191% | $124,965▲191% | 990EZ |
| 2013 | $13,978▲0.5% | $17,263▼37.5% | $42,880▼7.1% | $42,880▼7.1% | 990EZ |
| 2012 | $13,911▲121% | $27,621▲143% | $46,165▼22.9% | $46,165▼22.9% | 990EZ |
| 2011 | $6,286▲73.2% | $11,371▼47.4% | $59,875▲4.9% | $59,875▲4.2% | 990EZ |
| 2010 | $3,630 | $21,621 | $57,060 | $57,460 | 990EZ |
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 Salisbury Foundation For Research & Education a legitimate nonprofit?
- Yes. Salisbury Foundation For Research & Education is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 20-5582784, based in Salisbury, North Carolina. Donations are tax-deductible.
- What is Salisbury Foundation For Research & Education's EIN?
- Salisbury Foundation For Research & Education's Employer Identification Number (EIN) is 20-5582784.
- How much revenue does Salisbury Foundation For Research & Education report?
- Salisbury Foundation For Research & Education reported $439,512 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Salisbury Foundation For Research & Education have?
- CharityIndex grades Salisbury Foundation For Research & Education C+, based on financial health (reserves and operating margin).
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Data for Salisbury Foundation For Research & Education (EIN 20-5582784) 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.