Erik S Cassel Foundation is a 501(c)(3) organization based in San Mateo, California, registered in 2019, with $778,455 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$778K
▲ 810.8% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$389K
Net assets
$7.0M
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 Erik S Cassel 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 Erik S Cassel Foundation: 216 mo reserves · +50% 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 Erik S Cassel 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 Erik S Cassel Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $110K (FY2019) to $778K (FY2024) across 6 reported years.
Financial snapshot
Operating margin
50.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$7.0M
Total liabilities
$0
Net assets
$7.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $778,455▲811% | $388,885▲3.3% | $6,995,793▲6.7% | $6,995,793▲6.7% | 990PF |
| 2023 | $85,469▼53.7% | $376,514▲11.6% | $6,558,922▲12.1% | $6,558,922▲12.1% | 990PF |
| 2022 | $184,532▼88.9% | $337,434▼26.6% | $5,848,602▼30.6% | $5,848,602▼30.6% | 990PF |
| 2021 | $1,657,430▼69.6% | $459,841▲493% | $8,427,219▲25.0% | $8,427,219▲25.0% | 990PF |
| 2020 | $5,455,592▲4874% | $77,541▲27.9% | $6,742,973▲460% | $6,742,973▲460% | 990PF |
| 2019 | $109,679 | $60,615 | $1,203,752 | $1,203,752 | 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 Erik S Cassel Foundation (EIN 83-2127482) 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.