Thomas G Cavanagh Memorial Fund Inc is a 501(c)(3) organization based in E Greenwich, Rhode Island, registered in 2013, with $46,210 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$46K
▼ 18.9% vs prior year
Mental Health median: $333K
Expenses (FY2024)
$45K
Net assets
$24K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Thomas G Cavanagh Memorial Fund Inc— 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 Thomas G Cavanagh Memorial Fund Inc: 6 mo reserves · +3% margin earns a A 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 Thomas G Cavanagh Memorial Fund Inc— 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 Thomas G Cavanagh Memorial Fund Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $39K (FY2015) to $46K (FY2024) across 10 reported years.
Financial snapshot
Operating margin
3.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$24K
Net assets
$24K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $46,210▼18.9% | $44,679▼11.5% | $23,758▲6.9% | $23,758▲6.9% | 990EZ |
| 2023 | $56,991▲43.2% | $50,505▲12.4% | $22,227▲41.2% | $22,227▲41.2% | 990EZ |
| 2022 | $39,790▼26.3% | $44,921▼17.7% | $15,740▼24.6% | $15,740▼24.6% | 990EZ |
| 2021 | $53,997▲233% | $54,575▲641% | $20,866▼2.7% | $20,866▼2.7% | 990EZ |
| 2020 | $16,200▼58.1% | $7,368▼78.6% | $21,445▲70.0% | $21,445▲70.0% | 990EZ |
| 2019 | $38,671▲16.3% | $34,394▲5.2% | $12,613▲51.3% | $12,613▲51.3% | 990EZ |
| 2018 | $33,255▲15.5% | $32,698▼11.3% | $8,336▲7.2% | $8,336▲7.2% | 990EZ |
| 2017 | $28,783▼14.6% | $36,873▲21.7% | $7,779▼51.0% | $7,779▼51.0% | 990EZ |
| 2016 | $33,710▼14.1% | $30,291▼23.2% | $15,869▲27.5% | $15,869▲27.5% | 990EZ |
| 2015 | $39,237 | $39,465 | $12,450 | $12,450 | 990EZ |
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 Thomas G Cavanagh Memorial Fund Inc (EIN 45-4444475) 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.