Victor A Derose Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Victor A Derose Foundation is a 501(c)(3) organization based in Indianapolis, Indiana, registered in 1987, with $149,911 in FY2024 revenue. CharityIndex grades it C+.
7399 N Shadeland Avenue 181, Indianapolis, IN, 46250 EIN 31-1206775 Since 1987
Revenue (FY2024)
$150K
▲ 15.0% vs prior year
Expenses (FY2024)
$76K
Net assets
$1.1M
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 Victor A Derose Foundation— 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 rating171 mo reserves · +50% 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 Victor A Derose Foundation: 171 mo reserves · +50% 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 Victor A Derose 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 Victor A Derose Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 7399 N Shadeland Avenue 181, Indianapolis, IN, 46250
- City
- Indianapolis
- State
- Indiana
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $47K (FY2019) to $150K (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.1M
Operating margin
49.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.1M
Total liabilities
$0
Net assets
$1.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $149,911▲15.0% | $75,645▼21.7% | $1,075,883▲5.0% | $1,075,883▲5.0% | 990PF |
| 2023 | $130,349▲151% | $96,605▲73.7% | $1,024,951▲1.3% | $1,024,951▲1.3% | 990PF |
| 2022 | $51,879▲18.9% | $55,627▲9.6% | $1,012,049▲0.1% | $1,012,049▲0.1% | 990PF |
| 2021 | $43,618▼77.6% | $50,775▲0.8% | $1,010,928▲14.8% | $1,010,928▲14.8% | 990PF |
| 2020 | $194,828▲312% | $50,379▲1.6% | $880,445▲0.3% | $880,445▲0.3% | 990PF |
| 2019 | $47,289 | $49,563 | $877,419 | $877,419 | 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 Victor A Derose Foundation a legitimate nonprofit?
- Yes. Victor A Derose Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 31-1206775, based in Indianapolis, Indiana. Donations are tax-deductible.
- What is Victor A Derose Foundation's EIN?
- Victor A Derose Foundation's Employer Identification Number (EIN) is 31-1206775.
- How much revenue does Victor A Derose Foundation report?
- Victor A Derose Foundation reported $149,911 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Victor A Derose Foundation have?
- CharityIndex grades Victor A Derose Foundation C+, based on financial health (reserves and operating margin).
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Data for Victor A Derose Foundation (EIN 31-1206775) 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.