Vernon K Krieble Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Vernon K Krieble Foundation Inc is a 501(c)(3) organization based in Worcester, Massachusetts, registered in 1984, with $760,558 in FY2024 revenue. CharityIndex grades it B.
306 Main Street Suite 400, Worcester, MA, 01608 EIN 22-2538914 Since 1984
Revenue (FY2024)
$761K
▲ 156.0% vs prior year
Expenses (FY2024)
$607K
Net assets
$16.9M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—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 Vernon K Krieble 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 rating335 mo reserves · +20% 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 Vernon K Krieble Foundation Inc: 335 mo reserves · +20% 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 Vernon K Krieble 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 →
CTransparency10% of the rating2 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 Vernon K Krieble Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 306 Main Street Suite 400, Worcester, MA, 01608
- City
- Worcester
- State
- Massachusetts
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue declined from $2.8M (FY2019) to $761K (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $32KNet assets $16.9M
Operating margin
20.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$17.0M
Total liabilities
$32K
Net assets
$16.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $760,558▲156% | $607,140▼4.7% | $16,926,938▲10.0% | $16,959,417▲10.1% | 990PF |
| 2023 | $297,110▲178% | $637,016▼31.4% | $15,390,812▲12.9% | $15,405,812▲12.5% | 990PF |
| 2022 | -$381,182▼122% | $928,690▼20.8% | $13,637,678▼24.0% | $13,692,765▼23.9% | 990PF |
| 2021 | $1,738,178▲5631% | $1,172,515▲11.3% | $17,937,168▲11.7% | $17,992,649▲11.7% | 990PF |
| 2020 | $30,332▼98.9% | $1,053,084▼17.3% | $16,061,256▼2.3% | $16,106,917▼2.5% | 990PF |
| 2019 | $2,779,299 | $1,273,617 | $16,434,612 | $16,519,502 | 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 Vernon K Krieble Foundation Inc a legitimate nonprofit?
- Yes. Vernon K Krieble Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 22-2538914, based in Worcester, Massachusetts. Donations are tax-deductible.
- What is Vernon K Krieble Foundation Inc's EIN?
- Vernon K Krieble Foundation Inc's Employer Identification Number (EIN) is 22-2538914.
- How much revenue does Vernon K Krieble Foundation Inc report?
- Vernon K Krieble Foundation Inc reported $760,558 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Vernon K Krieble Foundation Inc have?
- CharityIndex grades Vernon K Krieble Foundation Inc B, based on financial health (reserves and operating margin).
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Data for Vernon K Krieble Foundation Inc (EIN 22-2538914) 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.