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Marygrove Conservancy

Detroit, MI · EIN 82-2782819 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Marygrove Conservancy reported $21.0 million in revenue and $9.4 million in expenses for calendar year 2024. Of every $100 it spent, $89.70 went to program services, $6.49 to management and general costs and $3.81 to fundraising. Its largest source of revenue was contributions and grants: 83.6% of the total. The highest compensation it reported for one person was $469,229 (CHIEF EXECUTIVE OFFICER). 2 people received more than $100,000 in reportable compensation. Revenue rose 190% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $9.4M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $21M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 5,499 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
89.7%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
6.5%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
3.8%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.02$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
83.6%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
11.8%69.9%
Highest reported compensation
Part VII-A, columns D–F
$469,229$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
4.97%1.28%
People paid over $100,000
Part VII, line 2
28
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
32.113.3
Independent voting board members
Part VI 1a–1b
9 of 9100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$8.5M expenses · 100.0% of program spending · grants $1,398 · revenue $3.2M

Operation of property, including the liberal arts building, the madame cadillac building, the florent gillet hall building, the power house building, the student center building, and the hartman hall building, held as part of the marygrove college legacy

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CHIEF EXECUTIVE OFFICER
Officer, 40.00 hrs/week
$439,739$0$29,490$469,229
DIRECTOR OF OPERATIONS & STRATEGY
Highest compensated employee, 40.00 hrs/week
$158,233$0$8,838$167,071

2 people received more than $100,000 in reportable compensation from Marygrove Conservancy (Part VII, line 2). Compensation of current officers, directors and key employees totaled $438K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40M201920202021202220232024$21M$9.4M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$21M$9.4M89.7%$25M$469,229
2023 ⓘ$9.8M$9.2M91.5%$14M$456,530
2022 ⓘ$4.6M$7.0M84.6%$9.3M$412,923
2021 (amended) ⓘ$9.0M$6.1M79.9%$12M$398,565
2020 (amended) ⓘ$6.6M$4.8M80.1%$8.8M$395,462
2019 (amended) ⓘ$7.2M$3.6M90.4%$6.9M—

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b9 · 9 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 57
  • Volunteers Part I, line 67

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
BARTON MALOW COMPANY
Construction
$21,389,635
SLOAN ENVIRONMENTAL SERVICES
Environmental consulting
$633,630
PLANTE & MORAN PLLC
Finance & accounting svcs
$251,265
SMITHGROUP
Construction
$216,488
BDC CONSULTING
Construction
$125,000

Individuals listed as contractors are left out. 7 contractors were paid more than $100,000 in all.

Private foundation grants it received

3 private foundations reported grants to Marygrove Conservancy totaling $647K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Marygrove Conservancy's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Marygrove Conservancy, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Michigan

Questions people ask

How much of Marygrove Conservancy's spending goes to programs?

In calendar year 2024, Marygrove Conservancy reported that 89.7% of its $9.4 million in expenses went to program services, 6.5% to management and general and 3.8% to fundraising (Form 990, Part IX).

How much does Marygrove Conservancy pay its top executive?

The largest total compensation Marygrove Conservancy reported for one person in calendar year 2024 was $469,229, for the role of CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Marygrove Conservancy get its money?

Of $21.0 million in revenue in calendar year 2024, 83.6% came from contributions and grants and 11.8% from program service revenue (Form 990, Part VIII).

Is Marygrove Conservancy a registered charity?

The IRS lists EIN 82-2782819 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202513089349303526 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202443199349306334 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202323199349301652 · read the filing
  • 2021: Form 990 for calendar year 2021 (amended), object 202420829349301007 · read the filing
  • 2020: Form 990 for calendar year 2020 (amended), object 202213199349306071 · read the filing
  • 2019: Form 990 for calendar year 2019 (amended), object 202213199349304766 · read the filing

All filings for EIN 82-2782819: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.