Donald & Gladys Heath Mem Fd 1 Tr
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Donald & Gladys Heath Mem Fd 1 Tr is a 501(c)(3) organization based in Dallas, Texas, registered in 1992, with $18,849 in FY2024 revenue. CharityIndex grades it C+.
Po Box 653067, Dallas, TX, 75265 EIN 16-6353241 Since 1992
Revenue (FY2024)
$19K
▲ 180.5% vs prior year
Expenses (FY2024)
$15K
Net assets
$194K
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 Donald & Gladys Heath Mem Fd 1 Tr— 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 rating159 mo reserves · +22% 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 Donald & Gladys Heath Mem Fd 1 Tr: 159 mo reserves · +22% 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 Donald & Gladys Heath Mem Fd 1 Tr— 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 Donald & Gladys Heath Mem Fd 1 Tr: 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 $6,780 (FY2016) to $19K (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $194K
Operating margin
22.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$194K
Total liabilities
$0
Net assets
$194K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $18,849▲181% | $14,628▲60.2% | $193,693▲2.0% | $193,693▲2.0% | 990PF |
| 2023 | $6,719▲265% | $9,133▲84.3% | $189,927▼0.8% | $189,927▼0.8% | 990PF |
| 2022 | -$4,063▼110% | $4,956▼80.8% | $191,450▼4.3% | $191,450▼4.3% | 990PF |
| 2021 | $39,645▲151% | $25,873▲524% | $200,106▼0.8% | $200,106▼0.8% | 990PF |
| 2020 | $15,796▲4.6% | $4,143▼70.3% | $201,639▲15.1% | $201,639▲15.1% | 990PF |
| 2019 | $15,097▲54.6% | $13,965▲238% | $175,227▲0.7% | $175,227▲0.7% | 990PF |
| 2018 | $9,767▼47.1% | $4,131▼73.2% | $173,979▲1.8% | $173,979▲1.8% | 990PF |
| 2017 | $18,479▲173% | $15,397▲8.2% | $170,854▲1.7% | $170,854▲1.7% | 990PF |
| 2016 | $6,780 | $14,233 | $167,944 | $167,944 | 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 Donald & Gladys Heath Mem Fd 1 Tr a legitimate nonprofit?
- Yes. Donald & Gladys Heath Mem Fd 1 Tr is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 16-6353241, based in Dallas, Texas. Donations are tax-deductible.
- What is Donald & Gladys Heath Mem Fd 1 Tr's EIN?
- Donald & Gladys Heath Mem Fd 1 Tr's Employer Identification Number (EIN) is 16-6353241.
- How much revenue does Donald & Gladys Heath Mem Fd 1 Tr report?
- Donald & Gladys Heath Mem Fd 1 Tr reported $18,849 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Donald & Gladys Heath Mem Fd 1 Tr have?
- CharityIndex grades Donald & Gladys Heath Mem Fd 1 Tr C+, based on financial health (reserves and operating margin).
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Data for Donald & Gladys Heath Mem Fd 1 Tr (EIN 16-6353241) 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.