Steven R Michels Charitable Foundation is a 501(c)(3) organization based in Brownsville, Wisconsin, registered in 2003, with $535,316 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$535K
▼ 81.2% vs prior year
Education median: $200K
Expenses (FY2024)
$1.0M
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 Steven R Michels Charitable 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 Steven R Michels Charitable Foundation: 17 mo reserves · -90% margin earns a F 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 Steven R Michels Charitable 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 Steven R Michels Charitable Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $20K (FY2014) to $535K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
-90.4%
Spent more than it raised 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 | $535,316▼81.2% | $1,019,328▼16.5% | $1,461,282▼24.9% | $1,461,282▼24.9% | 990PF |
| 2023 | $2,840,121▲17120% | $1,220,336▲15324% | $1,945,294▲498% | $1,945,294▲498% | 990PF |
| 2022 | $16,493▼90.7% | $7,912▼94.6% | $325,509▲2.7% | $325,509▲2.7% | 990PF |
| 2021 | $177,796▲3361% | $147,632▲350% | $316,928▲10.5% | $316,928▲10.5% | 990PF |
| 2020 | $5,137▼90.8% | $32,842▼42.0% | $286,764▼8.8% | $286,764▼8.8% | 990PF |
| 2019 | $55,986▲416% | $56,588▼10.8% | $314,469▼0.2% | $314,469▼0.2% | 990PF |
| 2018 | -$17,715▼265% | $63,411▲4.5% | $315,071▼20.5% | $315,071▼20.5% | 990PF |
| 2017 | $10,760▼45.4% | $60,706▲178% | $396,197▼11.2% | $396,197▼11.2% | 990PF |
| 2016 | $19,697▲71.6% | $21,832▲59.3% | $446,143▼0.5% | $446,143▼0.5% | 990PF |
| 2015 | $11,476▼43.1% | $13,703▼18.7% | $448,278▼0.5% | $448,278▼0.5% | 990PF |
| 2014 | $20,152 | $16,853 | $450,505 | $450,505 | 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 Steven R Michels Charitable Foundation (EIN 72-1528213) 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.