The@joseph and Florence Mandel Family Foundation-michele M and is a 501(c)(3) organization based in Cleveland, Ohio, registered in 2019, with $19,209,656 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$19.2M
▲ 156.2% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$13.5M
Net assets
$159.0M
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 The@joseph and Florence Mandel Family Foundation-michele M and— 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@joseph and Florence Mandel Family Foundation-michele M and: 141 mo reserves · +29% 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 The@joseph and Florence Mandel Family Foundation-michele M and— 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@joseph and Florence Mandel Family Foundation-michele M and: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $19.6M (FY2020) to $19.2M (FY2024) across 5 reported years.
Financial snapshot
Operating margin
29.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$164.9M
Total liabilities
$6.0M
Net assets
$159.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $19,209,656▲156% | $13,549,203▲22.9% | $158,965,447▼0.5% | $164,937,446▲1.9% | 990PF |
| 2023 | $7,499,360▲38.4% | $11,024,171▲9.6% | $159,737,234▲1.1% | $161,812,900▲1.7% | 990PF |
| 2022 | $5,418,709▼75.6% | $10,054,233▲46.8% | $157,936,242▼13.3% | $159,165,575▼12.6% | 990PF |
| 2021 | $22,203,714▲13.4% | $6,850,207▲30.3% | $182,215,691▲27.6% | $182,215,691▲27.2% | 990PF |
| 2020 | $19,572,691 | $5,256,211 | $142,759,693 | $143,259,703 | 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@joseph and Florence Mandel Family Foundation-michele M and (EIN 32-0570943) 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.