The David K Johnson Foundation Inc is a 501(c)(3) organization based in Reading, Massachusetts, registered in 2002, with $12,750 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$13K
▲ 11815.9% vs prior year
Diseases median: $206K
Expenses (FY2024)
$12K
Net assets
$33K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 The David K Johnson 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 →
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 The David K Johnson Foundation Inc: 32 mo reserves · +4% margin earns a A 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 The David K Johnson 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 →
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 The David K Johnson Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $46K (FY2014) to $13K (FY2024) across 10 reported years.
Financial snapshot
Operating margin
3.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$33K
Total liabilities
$0
Net assets
$33K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $12,750▲11816% | $12,275▼7.7% | $32,521▲1.5% | $32,521▲1.5% | 990 |
| 2023 | $107▼99.5% | $13,300▼29.6% | $32,046▼29.2% | $32,046▼29.2% | 990 |
| 2022 | $20,532▼43.8% | $18,883▼63.6% | $45,239▲3.8% | $45,239▲3.8% | 990 |
| 2021 | $36,537▲1082% | $51,829▲108% | $43,590▼26.0% | $43,590▼26.0% | 990 |
| 2020 | $3,090▼95.2% | $24,965▼73.2% | $58,883▼27.1% | $58,883▼27.1% | 990 |
| 2019 | $64,681▼27.1% | $93,011▲33.1% | $80,758▲2.2% | $80,758▲2.2% | 990 |
| 2017 | $88,707▲9.4% | $69,896▲78.7% | $78,995▲31.3% | $78,995▲31.3% | 990 |
| 2016 | $81,080▲39.2% | $39,124▼21.4% | $60,184▲230% | $60,184▲230% | 990 |
| 2015 | $58,249▲27.0% | $49,804▲16.6% | $18,229▲86.3% | $18,229▲86.3% | 990 |
| 2014 | $45,880 | $42,698▲64.7% | $9,784▲290% | $9,784▲290% | 990 |
| 2010 | — | $25,919 | $2,511 | $2,511 | 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.
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Data for The David K Johnson Foundation Inc (EIN 04-3567452) 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.