The Robert W Veronica M Cermak Fund
Only null% goes to programs Strong reserves Declining revenue
The Robert W Veronica M Cermak Fund is a 501(c)(3) organization based in Midland, Michigan, registered in 2016, with $113,416 in FY2024 revenue. CharityIndex grades it D.
Po Box 2049, Midland, MI, 48641 EIN 38-7153601 Since 2016
Revenue (FY2024)
$113K
▼ 45.8% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$160K
Net assets
$2.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 Robert W Veronica M Cermak Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating159 mo reserves · -41% 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 Robert W Veronica M Cermak Fund: 159 mo reserves · -41% margin earns a D 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 Robert W Veronica M Cermak Fund— 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 Robert W Veronica M Cermak Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 2049, Midland, MI, 48641
- City
- Midland
- State
- Michigan
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $853K (FY2016) to $113K (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $2.1M
Operating margin
-41.4%
Spent more than it raised in the latest fiscal year.
Total assets
$2.1M
Total liabilities
$0
Net assets
$2.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $113,416▼45.8% | $160,344▼0.6% | $2,125,559▼2.2% | $2,125,559▼2.2% | 990PF |
| 2023 | $209,079▲99.6% | $161,330▼10.6% | $2,172,487▲2.2% | $2,172,487▲2.2% | 990PF |
| 2022 | $104,729▼56.8% | $180,460▲31.0% | $2,124,738▼3.4% | $2,124,738▼3.4% | 990PF |
| 2021 | $242,427▲280% | $137,738▲2.4% | $2,200,469▲5.0% | $2,200,469▲5.0% | 990PF |
| 2020 | $63,853▼17.8% | $134,550▼1.7% | $2,095,780▼3.3% | $2,095,780▼3.3% | 990PF |
| 2019 | $77,649▼66.7% | $136,861▼14.2% | $2,166,477▼2.7% | $2,166,477▼2.7% | 990PF |
| 2018 | $233,010▲2.1% | $159,488▼2.1% | $2,225,689▲3.4% | $2,225,689▲3.4% | 990PF |
| 2017 | $228,329▼73.2% | $162,856▲224% | $2,151,825▲3.1% | $2,151,825▲3.1% | 990PF |
| 2016 | $852,626 | $50,294 | $2,086,352 | $2,086,352 | 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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Frequently asked questions
- Is The Robert W Veronica M Cermak Fund a legitimate nonprofit?
- Yes. The Robert W Veronica M Cermak Fund is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 38-7153601, based in Midland, Michigan. Donations are tax-deductible.
- What is The Robert W Veronica M Cermak Fund's EIN?
- The Robert W Veronica M Cermak Fund's Employer Identification Number (EIN) is 38-7153601.
- How much revenue does The Robert W Veronica M Cermak Fund report?
- The Robert W Veronica M Cermak Fund reported $113,416 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does The Robert W Veronica M Cermak Fund have?
- CharityIndex grades The Robert W Veronica M Cermak Fund D, based on financial health (reserves and operating margin).
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Data for The Robert W Veronica M Cermak Fund (EIN 38-7153601) 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.