The Milford R and Reba S Quinn Family Foundation
Only null% goes to programs Strong reserves Declining revenue
The Milford R and Reba S Quinn Family Foundation is a 501(c)(3) organization based in Surf City, North Carolina, registered in 1999, with $101,077 in FY2024 revenue. CharityIndex grades it C+.
116 Sea Oaks Dr, Surf City, NC, 28445 EIN 56-2089449 Since 1999
Revenue (FY2024)
$101K
▲ 21.2% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$72K
Net assets
$1.0M
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 The Milford R and Reba S Quinn Family Foundation— 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 rating174 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 The Milford R and Reba S Quinn Family Foundation: 174 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 The Milford R and Reba S Quinn Family Foundation— 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 The Milford R and Reba S Quinn Family Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 116 Sea Oaks Dr, Surf City, NC, 28445
- City
- Surf City
- State
- North Carolina
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $891K (FY2013) to $101K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.0M
Operating margin
28.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.0M
Total liabilities
$0
Net assets
$1.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $101,077▲21.2% | $72,331▲26.2% | $1,047,717▲2.8% | $1,047,717▲2.8% | 990PF |
| 2023 | $83,427▲323% | $57,323▼15.2% | $1,018,971▲2.6% | $1,018,971▲2.6% | 990PF |
| 2022 | $19,704▼85.3% | $67,625▲11.2% | $992,867▼4.6% | $992,867▼4.6% | 990PF |
| 2021 | $134,084▲68.6% | $60,803▼6.3% | $1,040,788▲7.6% | $1,040,788▲7.6% | 990PF |
| 2020 | $79,545▲59.8% | $64,896▲2.6% | $967,507▲1.5% | $967,507▲1.5% | 990PF |
| 2019 | $49,779▲7.2% | $63,243▼7.2% | $952,858▼1.4% | $952,858▼1.4% | 990PF |
| 2018 | $46,456▼56.5% | $68,166▲17.2% | $966,322▼2.2% | $966,322▼2.2% | 990PF |
| 2017 | $106,747▲311% | $58,169▲9.2% | $988,032▲5.2% | $988,032▲5.2% | 990PF |
| 2016 | -$50,617▼156% | $53,257▼1.9% | $939,454▼10.0% | $939,454▼10.0% | 990PF |
| 2015 | $90,593▼7.3% | $54,279▼17.7% | $1,043,328▲3.6% | $1,043,328▲3.6% | 990PF |
| 2014 | $97,692▼89.0% | $65,935▲659% | $1,007,014▲3.3% | $1,007,014▲3.3% | 990PF |
| 2013 | $890,720 | $8,691▲4.2% | $975,257▲946% | $975,257▲946% | 990PF |
| 2012 | — | $8,344▲29.3% | $93,228▼7.1% | $93,228▼7.1% | 990PF |
| 2011 | — | $6,455▼68.8% | $100,317▼6.2% | $100,317▼6.2% | 990PF |
| 2010 | — | $20,686 | $106,892 | $106,892 | 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.
Similar organizations in Philanthropy
- Philanthropy
Alinas Angels
Cornelius, NC
$0
annual revenue
- Philanthropy
Friends of Sheppard Memorial Library Inc
Greenville, NC
$0
annual revenue
- Philanthropy
Livestock Players Musical Theatre Booster Club
Greensboro, NC
$0
annual revenue
- Philanthropy
Southport Rescue Squad Auxiliary
Southport, NC
$0
annual revenue
- Philanthropy
Gibsonville Merchants Association
Gibsonville, NC
$0
annual revenue
- Philanthropy
Twin Oaks Foundation
Charlotte, NC
$0
annual revenue
- Philanthropy
Aca Development Corp
Swannanoa, NC
$0
annual revenue
Philanthropy
Cape Fear Regional Tennis Foundation Inc
Fayetteville, NC
$0
C+annual revenue
- Philanthropy
Evening School Project
Burnsville, NC
$0
annual revenue
- Philanthropy
Exchange Club of Greater Fayetteville Chart Foundation Inc
Fayetteville, NC
$0
annual revenue
Compare The Milford R and Reba S Quinn Family Foundation
Frequently asked questions
- Is The Milford R and Reba S Quinn Family Foundation a legitimate nonprofit?
- Yes. The Milford R and Reba S Quinn Family Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-2089449, based in Surf City, North Carolina. Donations are tax-deductible.
- What is The Milford R and Reba S Quinn Family Foundation's EIN?
- The Milford R and Reba S Quinn Family Foundation's Employer Identification Number (EIN) is 56-2089449.
- How much revenue does The Milford R and Reba S Quinn Family Foundation report?
- The Milford R and Reba S Quinn Family Foundation reported $101,077 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does The Milford R and Reba S Quinn Family Foundation have?
- CharityIndex grades The Milford R and Reba S Quinn Family Foundation C+, based on financial health (reserves and operating margin).
More nonprofits in Surf City
Explore more
Data for The Milford R and Reba S Quinn Family Foundation (EIN 56-2089449) 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.