The Steven G Mihaylo Foundation is a 501(c)(3) organization based in Tempe, Arizona, registered in 2001, with $518,297 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$518K
▲ 118.9% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$639K
Net assets
$8.2M
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 Steven G Mihaylo 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 Steven G Mihaylo Foundation: 154 mo reserves · -23% margin earns a C+ 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 Steven G Mihaylo 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 Steven G Mihaylo Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from -$877K (FY2013) to $518K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-23.3%
Spent more than it raised in the latest fiscal year.
Total assets
$8.2M
Total liabilities
$0
Net assets
$8.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $518,297▲119% | $638,880▲5.5% | $8,207,067▼1.4% | $8,207,067▼1.4% | 990PF |
| 2023 | $236,806▲172% | $605,404▼9.3% | $8,327,650▼4.2% | $8,327,650▼5.2% | 990PF |
| 2022 | -$328,420▼118% | $667,253▲32.1% | $8,696,248▼10.3% | $8,782,595▼9.4% | 990PF |
| 2021 | $1,864,149▲413% | $504,921▲25.9% | $9,691,921▲16.3% | $9,691,921▲16.2% | 990PF |
| 2020 | $363,038▼81.9% | $401,154▲0.4% | $8,332,693▼0.5% | $8,340,613▼1.5% | 990PF |
| 2019 | $2,006,540▲215% | $399,556▲8.7% | $8,370,809▲23.5% | $8,466,672▲24.9% | 990PF |
| 2018 | $637,141▼35.4% | $367,543▲24.1% | $6,779,837▲3.4% | $6,779,837▲3.4% | 990PF |
| 2017 | $986,391▲220% | $296,268▲2.1% | $6,554,639▲11.8% | $6,554,639▲11.8% | 990PF |
| 2016 | $307,776▲208% | $290,246▼5.7% | $5,864,516▲0.3% | $5,864,516▲0.3% | 990PF |
| 2015 | -$283,709▼119% | $307,743▲54.7% | $5,847,598▼9.2% | $5,847,598▼12.9% | 990PF |
| 2014 | $1,506,736▲272% | $198,896▼24.1% | $6,439,050▲26.5% | $6,715,028▲31.9% | 990PF |
| 2013 | -$876,805 | $262,206▲10.7% | $5,091,848▼18.3% | $5,091,848▼29.2% | 990PF |
| 2012 | — | $236,793▼18.1% | $6,230,859▲41.7% | $7,191,045▲37.3% | 990PF |
| 2011 | — | $289,298▼4.5% | $4,396,781▲22.3% | $5,236,846▲45.6% | 990PF |
| 2010 | — | $302,874 | $3,595,533 | $3,595,533 | 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 Steven G Mihaylo Foundation (EIN 88-0457469) 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.