Drs Kiran & Pallavi Patel Familyfoundation Inc is a 501(c)(3) organization based in Tampa, Florida, registered in 2006, with $881,334 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$881K
▼ 37.2% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$21K
Net assets
$44.2M
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 Drs Kiran & Pallavi Patel Familyfoundation Inc— 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 Drs Kiran & Pallavi Patel Familyfoundation Inc: 24834 mo reserves · +98% margin earns a B+ 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 Drs Kiran & Pallavi Patel Familyfoundation Inc— 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 Drs Kiran & Pallavi Patel Familyfoundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $2.2M (FY2014) to $881K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
97.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$46.7M
Total liabilities
$2.5M
Net assets
$44.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $881,334▼37.2% | $21,368▼97.3% | $44,221,442▲2.0% | $46,721,733▲1.9% | 990PF |
| 2023 | $1,402,716▲1385% | $802,868▼90.1% | $43,361,476▲1.3% | $45,861,577▲3.8% | 990PF |
| 2022 | $94,480▼99.5% | $8,112,425▲4761% | $42,790,113▼16.3% | $44,190,629▼15.9% | 990PF |
| 2021 | $18,317,234▲1293% | $166,895▼74.6% | $51,130,383▲53.3% | $52,530,383▲0.1% | 990PF |
| 2020 | $1,314,595▼29.7% | $656,670▼44.9% | $33,349,312▲1.8% | $52,483,250▲29.3% | 990PF |
| 2019 | $1,870,713▼76.0% | $1,192,362▼86.8% | $32,764,473▼2.0% | $40,586,272▼11.2% | 990PF |
| 2018 | $7,800,194▼13.4% | $9,000,181▲353% | $33,433,496▼1.9% | $45,696,497▼26.6% | 990PF |
| 2017 | $9,005,515▼59.5% | $1,984,905▼74.8% | $34,083,881▲85.1% | $62,252,174▲130% | 990PF |
| 2016 | $22,252,360▲4211% | $7,868,065▲724% | $18,410,676▲494% | $27,043,908▲140% | 990PF |
| 2015 | $516,141▼76.2% | $955,023▼73.5% | $3,098,620▼13.3% | $11,252,002▲1.6% | 990PF |
| 2014 | $2,171,408 | $3,597,125 | $3,572,728 | $11,077,854 | 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 Drs Kiran & Pallavi Patel Familyfoundation Inc (EIN 20-3916634) 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.