Charity Search / BAUM FAMILY FOUNDATION
Community Improvement (S12) 990 on File

BAUM FAMILY FOUNDATION

EIN: 38-3443737 · HASTINGS, MI 49058-8582 · United States · FY 2024 Data
3 out of 5 49 / 100 Based on 2+ years of filings
Financial strength (30%) 84/100
Reliability (20%) 55/100
Effectiveness (25%) 51/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2024
$2.1M
Total Revenue
$764K
Total Expenses
$11.0M
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 94.9%
Fundraising Efficiency N/A
Operating Reserve 172.62x
Liability-to-Asset 0.0%
Revenue Diversification 69.7%
Executive Compensation $0
Compared with Peers
FY 2024
Compared with 4,285 similar organizations (United States, Community Improvement, $100K–$1M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
94.9% 83.7%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
172.6 mo 11.3 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 3.1%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
69.7% 92.2%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
250.4% 7.1%
P10P90
Expense growth
Year over year expense growth
-0.5% 9.1%
P10P90
Surplus margin
Surplus as a share of revenue
63.7% 2.9%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $2.1M $764K $11.0M 94.9%
2023 $601K $768K $9.7M 92.7%
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Organization Details
EIN
38-3443737
State
MI
City
HASTINGS
ZIP
49058-8582
Classification
S12
Category
Community Improvement
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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