Thomas R and Iris B Harrison Foundation Inc
Only null% goes to programs Strong reserves Declining revenue
Thomas R and Iris B Harrison Foundation Inc is a 501(c)(3) organization based in Troy, Michigan, registered in 2015, with $182,653 in FY2024 revenue. CharityIndex grades it C+.
3250 W Big Beaver Rd Ste 103, Troy, MI, 48084 EIN 47-3864368 Since 2015
Revenue (FY2024)
$183K
▲ 123.0% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$186K
Net assets
$2.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Thomas R and Iris B Harrison Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating153 mo reserves · -2% 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 Thomas R and Iris B Harrison Foundation Inc: 153 mo reserves · -2% margin earns a B+ 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 Thomas R and Iris B Harrison Foundation Inc— 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 Thomas R and Iris B Harrison Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 3250 W Big Beaver Rd Ste 103, Troy, MI, 48084
- City
- Troy
- State
- Michigan
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $115K (FY2015) to $183K (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $2.4M
Operating margin
-1.8%
Spent more than it raised in the latest fiscal year.
Total assets
$2.4M
Total liabilities
$0
Net assets
$2.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $182,653▲123% | $185,957▲10.8% | $2,375,546▼0.1% | $2,375,546▼0.1% | 990PF |
| 2023 | $81,896▲1575% | $167,764▼18.7% | $2,378,850▼3.5% | $2,378,850▼3.5% | 990PF |
| 2022 | $4,888▼98.2% | $206,436▼14.5% | $2,464,718▼7.6% | $2,464,718▼7.6% | 990PF |
| 2021 | $271,908▲205% | $241,390▲21.0% | $2,666,266▲1.2% | $2,666,266▲1.2% | 990PF |
| 2020 | $89,046▼24.9% | $199,553▼2.8% | $2,635,748▼4.0% | $2,635,748▼4.0% | 990PF |
| 2019 | $118,639▲19.8% | $205,391▲24.9% | $2,746,255▼3.1% | $2,746,255▼3.1% | 990PF |
| 2018 | $98,999▼96.4% | $164,410▲169% | $2,833,007▼2.3% | $2,833,007▼2.3% | 990PF |
| 2017 | $2,784,424▲2325% | $61,146▲229% | $2,898,418▲2912% | $2,898,418▲2912% | 990PF |
| 2015 | $114,840 | $18,601 | $96,239 | $96,239 | 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.
Similar organizations in Philanthropy
Compare Thomas R and Iris B Harrison Foundation Inc
Frequently asked questions
- Is Thomas R and Iris B Harrison Foundation Inc a legitimate nonprofit?
- Yes. Thomas R and Iris B Harrison Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 47-3864368, based in Troy, Michigan. Donations are tax-deductible.
- What is Thomas R and Iris B Harrison Foundation Inc's EIN?
- Thomas R and Iris B Harrison Foundation Inc's Employer Identification Number (EIN) is 47-3864368.
- How much revenue does Thomas R and Iris B Harrison Foundation Inc report?
- Thomas R and Iris B Harrison Foundation Inc reported $182,653 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Thomas R and Iris B Harrison Foundation Inc have?
- CharityIndex grades Thomas R and Iris B Harrison Foundation Inc C+, based on financial health (reserves and operating margin).
More nonprofits in Troy
Central Midwest Regional Council of Carpenters Welfare FundOperating Engineers Local 324 Health Care FundMichigan Regional Council of Carpenters Employee Benes Veba FdOperating Engineers Local 324 Vacation and Holiday Fund of MichiU A Local 393 Health & Welfare TrInternational Brotherhood of Electrical Workers 17 Welfare Fund
Explore more
Data for Thomas R and Iris B Harrison Foundation Inc (EIN 47-3864368) 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.