Florence J Gastman Trust
501(c)(92)
Only null% goes to programs Strong reserves Declining revenue
Florence J Gastman Trust is a 501(c)(92) organization based in Decatur, Illinois, with $86,485 in FY2024 revenue. CharityIndex grades it F.
455 N Main St, Decatur, IL, 62523 EIN 37-6322594
Revenue (FY2024)
$86K
▲ 21.4% vs prior year
Expenses (FY2024)
$136K
Net assets
$1.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Florence J Gastman Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating126 mo reserves · -57% 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 Florence J Gastman Trust: 126 mo reserves · -57% margin earns a F 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 Florence J Gastman Trust— 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 Florence J Gastman Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $358K (FY2020) to $86K (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.4M
Operating margin
-57.3%
Spent more than it raised in the latest fiscal year.
Total assets
$1.4M
Total liabilities
$0
Net assets
$1.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $86,485▲21.4% | $136,052▼4.3% | $1,424,269▼3.4% | $1,424,269▼3.4% | 990PF |
| 2023 | $71,232▼93.8% | $142,125▼18.1% | $1,474,000▼4.6% | $1,474,000▼4.6% | 990PF |
| 2022 | $1,144,235▲933% | $173,579▲68.1% | $1,545,869▲169% | $1,545,869▲169% | 990PF |
| 2021 | $110,797▼69.1% | $103,231▲10.8% | $574,834▲1.3% | $574,834▲1.3% | 990PF |
| 2020 | $358,197 | $93,210 | $567,279 | $567,279 | 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 Florence J Gastman Trust a legitimate nonprofit?
- Yes. Florence J Gastman Trust is a 501(c)(92) organization registered with the U.S. Internal Revenue Service under EIN 37-6322594, based in Decatur, Illinois.
- What is Florence J Gastman Trust's EIN?
- Florence J Gastman Trust's Employer Identification Number (EIN) is 37-6322594.
- How much revenue does Florence J Gastman Trust report?
- Florence J Gastman Trust reported $86,485 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Florence J Gastman Trust have?
- CharityIndex grades Florence J Gastman Trust F, based on financial health (reserves and operating margin).
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Data for Florence J Gastman Trust (EIN 37-6322594) 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.