The@thelen Family Foundation is a 501(c)(3) organization based in Bay City, Michigan, registered in 2007, with $38,233 in FY2025 revenue. CharityIndex grades it B.
Revenue (FY2025)
$38K
▲ 170.4% vs prior year
Education median: $200K
Expenses (FY2025)
$32K
Net assets
$532K
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@thelen 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 →
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@thelen Family Foundation: 198 mo reserves · +16% 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@thelen 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 →
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@thelen Family Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $14K (FY2016) to $38K (FY2025) across 10 reported years.
Financial snapshot
Operating margin
15.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$532K
Total liabilities
$0
Net assets
$532K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $38,233▲170% | $32,237▼8.8% | $532,463▲1.1% | $532,463▲1.1% | 990PF |
| 2024 | -$54,287▼487% | $35,331▲5.7% | $526,467▼14.5% | $526,467▼14.5% | 990PF |
| 2023 | $14,026▼64.4% | $33,436▼1.1% | $616,085▼3.1% | $616,085▼3.1% | 990PF |
| 2022 | $39,419▲21.2% | $33,816▲2.3% | $635,495▲0.9% | $635,495▲0.9% | 990PF |
| 2021 | $32,519▲90.9% | $33,065▼6.2% | $629,892▼0.1% | $629,892▼0.1% | 990PF |
| 2020 | $17,035▼41.9% | $35,263▲10.8% | $630,438▼2.8% | $630,438▼2.8% | 990PF |
| 2019 | $29,302▼19.9% | $31,823▼5.6% | $648,666▼0.4% | $648,666▼2.3% | 990PF |
| 2018 | $36,562▲5.3% | $33,701▲2.8% | $651,187▲0.4% | $664,087▼0.9% | 990PF |
| 2017 | $34,712▲147% | $32,770▼1.9% | $648,326▲0.3% | $670,326▲3.7% | 990PF |
| 2016 | $14,049 | $33,403 | $646,384 | $646,384 | 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@thelen Family Foundation (EIN 20-5997526) 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.