E J Grassmann Trust is a 501(c)(3) organization based in Warren, New Jersey, registered in 1980, with $2,292,901 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$2.3M
▲ 8.3% vs prior year
Expenses (FY2024)
$2.3M
Net assets
$22.2M
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 E J Grassmann Trust— 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 E J Grassmann Trust: 118 mo reserves · +1% 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 E J Grassmann Trust— 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 E J Grassmann Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $1.4M (FY2020) to $2.3M (FY2024) across 5 reported years.
Financial snapshot
Operating margin
1.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$22.2M
Total liabilities
$0
Net assets
$22.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,292,901▲8.3% | $2,265,382▲24.6% | $22,216,745▲0.1% | $22,216,745▲0.1% | 990PF |
| 2023 | $2,116,656▲51.9% | $1,818,248▼15.9% | $22,189,226▲1.4% | $22,189,226▲1.4% | 990PF |
| 2022 | $1,393,906▼28.7% | $2,163,061▲16.3% | $21,890,818▼3.6% | $21,890,818▼3.6% | 990PF |
| 2021 | $1,953,978▲44.0% | $1,860,392▼1.2% | $22,719,036▼0.4% | $22,719,036▼0.4% | 990PF |
| 2020 | $1,356,927 | $1,882,643 | $22,800,396 | $22,800,396 | 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 E J Grassmann Trust (EIN 22-6326539) 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.