Bob L Herd Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Bob L Herd Foundation is a 501(c)(3) organization based in Tyler, Texas, registered in 1994, with $3,299,111 in FY2024 revenue. CharityIndex grades it C+.
Po Box 9340, Tyler, TX, 75711 EIN 75-2530305 Since 1994
Revenue (FY2024)
$3.3M
▲ 48.1% vs prior year
Expenses (FY2024)
$1.6M
Net assets
$32.8M
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 Bob L Herd 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 rating240 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 Bob L Herd Foundation: 240 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 Bob L Herd 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 Bob L Herd Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $1.3M (FY2016) to $3.3M (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $32.8M
Operating margin
50.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$32.8M
Total liabilities
$0
Net assets
$32.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,299,111▲48.1% | $1,636,422▼4.5% | $32,793,258▲5.3% | $32,793,258▲5.3% | 990PF |
| 2023 | $2,228,039▲389% | $1,713,501▼5.9% | $31,130,569▲1.7% | $31,138,815▲1.7% | 990PF |
| 2022 | $455,758▼78.6% | $1,820,163▲10.9% | $30,616,031▼4.3% | $30,616,031▼4.3% | 990PF |
| 2021 | $2,127,283▼8.5% | $1,640,806▼0.8% | $31,980,436▲1.5% | $31,980,436▲1.5% | 990PF |
| 2020 | $2,325,241▲96.3% | $1,653,765▼4.0% | $31,493,959▲2.2% | $31,493,959▲2.2% | 990PF |
| 2019 | $1,184,413▼66.2% | $1,722,299▲1.3% | $30,822,483▼1.7% | $30,822,483▼1.7% | 990PF |
| 2018 | $3,505,825▲107% | $1,699,778▼2.1% | $31,360,369▲6.1% | $31,360,369▲6.1% | 990PF |
| 2017 | $1,696,875▲30.3% | $1,735,669▲3.3% | $29,554,322▼0.1% | $29,554,322▼0.1% | 990PF |
| 2016 | $1,302,297 | $1,680,138 | $29,593,116 | $29,593,116 | 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 Bob L Herd Foundation a legitimate nonprofit?
- Yes. Bob L Herd Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 75-2530305, based in Tyler, Texas. Donations are tax-deductible.
- What is Bob L Herd Foundation's EIN?
- Bob L Herd Foundation's Employer Identification Number (EIN) is 75-2530305.
- How much revenue does Bob L Herd Foundation report?
- Bob L Herd Foundation reported $3,299,111 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Bob L Herd Foundation have?
- CharityIndex grades Bob L Herd Foundation C+, based on financial health (reserves and operating margin).
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Data for Bob L Herd Foundation (EIN 75-2530305) 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.