Daniel B and Carolyn G Heard Foundation is a 501(c)(3) organization based in Baton Rouge, Louisiana, registered in 2003, with $2,100 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$2,100
▲ 7141.4% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$27K
Net assets
$45K
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 Daniel B and Carolyn G Heard 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 Daniel B and Carolyn G Heard Foundation: 20 mo reserves · -1166% 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 Daniel B and Carolyn G Heard 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 Daniel B and Carolyn G Heard Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $7,436 (FY2013) to $2,100 (FY2024) across 11 reported years.
Financial snapshot
Operating margin
-1166.1%
Spent more than it raised in the latest fiscal year.
Total assets
$45K
Total liabilities
$0
Net assets
$45K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,100▲7141% | $26,589▼2.8% | $45,411▼35.0% | $45,411▼35.0% | 990PF |
| 2023 | $29▼95.8% | $27,369▲19.6% | $69,900▼28.1% | $69,900▼28.1% | 990PF |
| 2022 | $691▼86.8% | $22,878▼47.2% | $97,240▼18.6% | $97,240▼18.6% | 990PF |
| 2021 | $5,250▲128% | $43,339▼22.5% | $119,427▼24.2% | $119,427▼24.2% | 990PF |
| 2020 | -$18,904▼206% | $55,936▼14.1% | $157,516▼32.2% | $157,516▼32.2% | 990PF |
| 2019 | $17,918▲145% | $65,118▲90.9% | $232,356▼16.9% | $232,356▼16.9% | 990PF |
| 2018 | -$40,247▼311% | $34,107▲377% | $279,556▼21.0% | $279,556▼21.0% | 990PF |
| 2017 | $19,053▼65.7% | $7,152▲3122% | $353,910▲5.2% | $353,910▲5.2% | 990PF |
| 2015 | $55,558▲1030% | $222▼90.3% | $336,509▲19.7% | $336,509▲19.7% | 990PF |
| 2014 | $4,917▼33.9% | $2,281▲104% | $281,173▲0.9% | $281,173▲0.9% | 990PF |
| 2013 | $7,436 | $1,118▲11.8% | $278,537▲2.3% | $278,537▲2.3% | 990PF |
| 2012 | — | $1,000▼99.1% | $272,219▼38.3% | $272,219▼38.3% | 990PF |
| 2011 | — | $106,968 | $441,035 | $441,035 | 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 Daniel B and Carolyn G Heard Foundation (EIN 72-1434549) 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.