Elling O Eide Charitable Foundation Inc
Only null% goes to programs Strong reserves Growing revenue
Elling O Eide Charitable Foundation Inc is a 501(c)(3) organization based in Sarasota, Florida, registered in 2014, with $2,441,804 in FY2024 revenue. CharityIndex grades it B.
8000 S Tamiami Trl, Sarasota, FL, 34231 EIN 46-1488932 Since 2014
Revenue (FY2024)
$2.4M
▲ 141.2% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$1.9M
Net assets
$62.7M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—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 Elling O Eide Charitable Foundation Inc— 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 rating398 mo reserves · +23% 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 Elling O Eide Charitable Foundation Inc: 398 mo reserves · +23% 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 Elling O Eide Charitable Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Elling O Eide Charitable Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 8000 S Tamiami Trl, Sarasota, FL, 34231
- City
- Sarasota
- State
- Florida
- Subcategory
- Private Foundations
- Website
- …
Financial trends
Revenue grew from $750K (FY2020) to $2.4M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $38KNet assets $62.7M
Operating margin
22.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$62.8M
Total liabilities
$38K
Net assets
$62.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,441,804▲141% | $1,890,056▲10.7% | $62,720,355▲0.2% | $62,757,939▲0.2% | 990PF |
| 2023 | $1,012,452▲1.7% | $1,707,912▼5.3% | $62,593,462▲1.4% | $62,638,972▲1.4% | 990PF |
| 2022 | $996,000▼36.0% | $1,803,651▲11.5% | $61,751,248▼6.9% | $61,782,023▼6.9% | 990PF |
| 2021 | $1,556,208▲108% | $1,617,100▲6.6% | $66,349,186▲1.5% | $66,382,103▲1.5% | 990PF |
| 2020 | $749,974 | $1,517,138 | $65,357,533 | $65,373,348 | 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.
Grants received · $14K total
2 grants to Elling O Eide Charitable Foundation Inc totaling $14K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Gulf Coast Community Foundation Inc | Arts & culture | 2022 | $7,270 |
| Gulf Coast Community Foundation Inc | Health and human services | 2017 | $7,000 |
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Frequently asked questions
- Is Elling O Eide Charitable Foundation Inc a legitimate nonprofit?
- Yes. Elling O Eide Charitable Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 46-1488932, based in Sarasota, Florida. Donations are tax-deductible.
- What is Elling O Eide Charitable Foundation Inc's EIN?
- Elling O Eide Charitable Foundation Inc's Employer Identification Number (EIN) is 46-1488932.
- How much revenue does Elling O Eide Charitable Foundation Inc report?
- Elling O Eide Charitable Foundation Inc reported $2,441,804 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Elling O Eide Charitable Foundation Inc have?
- CharityIndex grades Elling O Eide Charitable Foundation Inc B, based on financial health (reserves and operating margin).
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Data for Elling O Eide Charitable Foundation Inc (EIN 46-1488932) 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.