Beverly A Zelt Foundation is a 501(c)(3) organization based in Levering, Michigan, registered in 2002, with $3,022 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$3,022
▲ 195.4% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$1,769
Net assets
$5,143
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Beverly A Zelt Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Beverly A Zelt Foundation: 35 mo reserves · +41% margin earns a A on this criterion. See the exact thresholds →
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 Beverly A Zelt Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Beverly A Zelt Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $529 (FY2019) to $3,022 (FY2024) across 6 reported years.
Financial snapshot
Operating margin
41.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$5,143
Total liabilities
$0
Net assets
$5,143
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,022▲195% | $1,769▼22.1% | $5,143▲32.2% | $5,143▲32.2% | 990PF |
| 2023 | $1,023▲1.6% | $2,270▲218% | $3,890▼24.3% | $3,890▼24.3% | 990PF |
| 2022 | $1,007▲101% | $714▲5.0% | $5,137▲6.0% | $5,137▲6.0% | 990PF |
| 2021 | $500▼33.5% | $680▲22.3% | $4,844▼3.6% | $4,844▼3.6% | 990PF |
| 2020 | $752▲42.2% | $556▲0.2% | $5,024▲4.1% | $5,024▲4.1% | 990PF |
| 2019 | $529 | $555 | $4,828 | $4,828 | 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.
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Data for Beverly A Zelt Foundation (EIN 37-1423013) 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.