Tom & Sarah Borman Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Tom & Sarah Borman Foundation is a 501(c)(3) organization based in Birmingham, Michigan, registered in 1958, with $51,775 in FY2024 revenue. CharityIndex grades it F.
719 Maple Hill Ln, Birmingham, MI, 48009 EIN 38-6058645 Since 1958
Revenue (FY2024)
$52K
▲ 1.0% vs prior year
Expenses (FY2024)
$228K
Net assets
$989K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Tom & Sarah Borman Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating52 mo reserves · -341% 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 Tom & Sarah Borman Foundation: 52 mo reserves · -341% margin earns a F 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 Tom & Sarah Borman Foundation— 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 Tom & Sarah Borman Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 719 Maple Hill Ln, Birmingham, MI, 48009
- City
- Birmingham
- State
- Michigan
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $21K (FY2013) to $52K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $989K
Operating margin
-340.6%
Spent more than it raised in the latest fiscal year.
Total assets
$989K
Total liabilities
$0
Net assets
$989K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $51,775▲1.0% | $228,132▲98.7% | $989,447▼15.1% | $989,447▼15.1% | 990PF |
| 2023 | $51,246▼11.2% | $114,825▼8.8% | $1,165,804▼5.2% | $1,165,804▼5.2% | 990PF |
| 2022 | $57,689▲30.0% | $125,889▲9.8% | $1,229,383▼5.3% | $1,229,557▼5.3% | 990PF |
| 2021 | $44,380▼67.3% | $114,680▲5.6% | $1,297,583▼5.1% | $1,297,693▼5.1% | 990PF |
| 2020 | $135,531▼1.2% | $108,557▼11.0% | $1,367,883▲2.0% | $1,367,970▲2.0% | 990PF |
| 2019 | $137,142▲230% | $121,936▲4.5% | $1,340,909▲1.1% | $1,340,909▲1.1% | 990PF |
| 2018 | $41,579▲19.3% | $116,710▲3.9% | $1,325,703▼5.4% | $1,325,703▼5.4% | 990PF |
| 2017 | $34,844▲25.5% | $112,338▲0.1% | $1,400,834▼5.2% | $1,400,960▼5.2% | 990PF |
| 2016 | $27,758▲12.6% | $112,215▲6.4% | $1,478,328▼5.4% | $1,478,388▼5.4% | 990PF |
| 2015 | $24,642▲6.1% | $105,441▼9.5% | $1,562,785▼4.9% | $1,562,942▼4.9% | 990PF |
| 2014 | $23,228▲9.1% | $116,493▲5.1% | $1,643,584▼5.4% | $1,643,584▼5.4% | 990PF |
| 2013 | $21,287 | $110,872▲2.7% | $1,736,849▼4.3% | $1,736,849▼4.3% | 990PF |
| 2011 | — | $107,974▼3.4% | $1,815,087▼4.6% | $1,815,087▼4.7% | 990PF |
| 2010 | — | $111,756▼3.4% | $1,903,455▲1.8% | $1,904,581▲1.8% | 990PF |
| 2009 | — | $115,698 | $1,870,418 | $1,870,418 | 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.
Frequently asked questions
- Is Tom & Sarah Borman Foundation a legitimate nonprofit?
- Yes. Tom & Sarah Borman Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 38-6058645, based in Birmingham, Michigan. Donations are tax-deductible.
- What is Tom & Sarah Borman Foundation's EIN?
- Tom & Sarah Borman Foundation's Employer Identification Number (EIN) is 38-6058645.
- How much revenue does Tom & Sarah Borman Foundation report?
- Tom & Sarah Borman Foundation reported $51,775 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Tom & Sarah Borman Foundation have?
- CharityIndex grades Tom & Sarah Borman Foundation F, based on financial health (reserves and operating margin).
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Data for Tom & Sarah Borman Foundation (EIN 38-6058645) 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.