Brian & Gretchen Colleran Foundation is a 501(c)(3) organization based in North Olmsted, Ohio, registered in 2019, with $310,000 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$310K
▼ 69.4% vs prior year
Community median: $184K
Expenses (FY2024)
$1.4M
Net assets
$26K
Employees
—
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 Brian & Gretchen Colleran 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 Brian & Gretchen Colleran Foundation: 0 mo reserves · -364% margin earns a F 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 Brian & Gretchen Colleran 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 Brian & Gretchen Colleran Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $2.7M (FY2018) to $310K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
-364.1%
Spent more than it raised in the latest fiscal year.
Total assets
$26K
Total liabilities
$0
Net assets
$26K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $310,000▼69.4% | $1,438,864▼4.2% | $26,063▼97.7% | $26,063▼97.7% | 990PF |
| 2023 | $1,013,232▼17.1% | $1,501,516▲87.7% | $1,154,927▼29.7% | $1,154,927▼29.7% | 990PF |
| 2022 | $1,221,936▲511% | $799,900▲142% | $1,643,211▲34.6% | $1,643,211▲34.6% | 990PF |
| 2021 | $200,000▲154% | $330,000▼28.0% | $1,221,175▼9.6% | $1,221,175▼9.6% | 990PF |
| 2020 | -$368,445▼122% | $458,228▼73.7% | $1,351,175▼38.0% | $1,351,175▼38.0% | 990PF |
| 2019 | $1,700,000▼37.0% | $1,744,126▲265% | $2,177,848▼2.0% | $2,177,848▼2.0% | 990PF |
| 2018 | $2,700,000 | $478,026 | $2,221,974 | $2,221,974 | 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 Brian & Gretchen Colleran Foundation (EIN 82-1563497) 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.