The Shirley K Schlafer Foundation is a 501(c)(3) organization based in Birmingham, Michigan, registered in 1986, with $372,116 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$372K
▲ 59.7% vs prior year
Expenses (FY2024)
$364K
Net assets
$1.9M
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 Shirley K Schlafer 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 The Shirley K Schlafer Foundation: 61 mo reserves · +2% 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 Shirley K Schlafer 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 The Shirley K Schlafer Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $691K (FY2013) to $372K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
2.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.9M
Total liabilities
$0
Net assets
$1.9M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $372,116▲59.7% | $364,367▼16.8% | $1,851,168▲0.4% | $1,851,168▲0.4% | 990PF |
| 2023 | $233,081▼28.9% | $437,871▼77.4% | $1,843,419▼10.0% | $1,843,419▼10.0% | 990PF |
| 2022 | $328,030▼60.9% | $1,934,110▲4.2% | $2,048,209▼44.0% | $2,048,209▼44.0% | 990PF |
| 2021 | $838,960▼36.2% | $1,855,699▼0.5% | $3,654,289▼21.8% | $3,654,289▼21.8% | 990PF |
| 2020 | $1,314,376▲378% | $1,864,190▲18.7% | $4,671,028▼10.5% | $4,671,028▼10.5% | 990PF |
| 2019 | $274,916▲37.6% | $1,570,724▲164% | $5,220,842▼19.9% | $5,220,842▼19.9% | 990PF |
| 2018 | $199,753▼41.1% | $594,427▲5.2% | $6,516,650▼5.8% | $6,516,650▼5.8% | 990PF |
| 2017 | $339,298▼2.5% | $564,793▲6.5% | $6,915,139▼5.4% | $6,915,139▼5.4% | 990PF |
| 2015 | $348,130▼6.4% | $530,160▼2.8% | $7,306,383▼2.4% | $7,306,651▼2.4% | 990PF |
| 2014 | $371,875▼46.2% | $545,369▼2.0% | $7,483,223▼2.3% | $7,483,491▼2.3% | 990PF |
| 2013 | $691,102 | $556,663▲1.5% | $7,657,147▲1.8% | $7,657,415▲1.8% | 990PF |
| 2012 | — | $548,627▲21.0% | $7,520,366▼2.5% | $7,520,634▼2.5% | 990PF |
| 2011 | — | $453,253 | $7,712,983 | $7,713,251 | 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 Shirley K Schlafer Foundation (EIN 38-2637259) 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.