Frank L & Helen Gofrank Foundation
501(c)(3)
Only null% goes to programs Strong reserves Growing revenue
Frank L & Helen Gofrank Foundation is a 501(c)(3) organization based in Oakland Twp, Michigan, registered in 1989, with $191,029 in FY2024 revenue. CharityIndex grades it D.
5196 Brecon Ct, Oakland Twp, MI, 48306 EIN 38-2828028 Since 1989
Revenue (FY2024)
$191K
▲ 187.2% vs prior year
Expenses (FY2024)
$242K
Net assets
$2.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 Frank L & Helen Gofrank Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating123 mo reserves · -27% 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 Frank L & Helen Gofrank Foundation: 123 mo reserves · -27% margin earns a D 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 Frank L & Helen Gofrank Foundation— 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 Frank L & Helen Gofrank Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 5196 Brecon Ct, Oakland Twp, MI, 48306
- City
- Oakland Twp
- State
- Michigan
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from -$6,348 (FY2013) to $191K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $2.5M
Operating margin
-26.7%
Spent more than it raised in the latest fiscal year.
Total assets
$2.5M
Total liabilities
$0
Net assets
$2.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $191,029▲187% | $241,965▼12.2% | $2,480,118▼2.0% | $2,480,118▼2.0% | 990PF |
| 2023 | $66,523▼32.1% | $275,455▼12.4% | $2,531,054▼7.6% | $2,531,054▼7.6% | 990PF |
| 2022 | $97,962▼39.7% | $314,615▲63.3% | $2,739,994▼7.3% | $2,739,994▼7.3% | 990PF |
| 2021 | $162,424▼84.5% | $192,630▼7.4% | $2,956,647▼1.0% | $2,956,647▼1.0% | 990PF |
| 2020 | $1,047,405▲1077% | $207,973▲9.4% | $2,986,853▲39.1% | $2,986,853▲39.1% | 990PF |
| 2019 | $88,993▼69.2% | $190,095▲7.6% | $2,147,421▼4.5% | $2,147,421▼4.5% | 990PF |
| 2018 | $288,636▲334% | $176,609▲25.8% | $2,248,523▲5.2% | $2,248,523▲5.2% | 990PF |
| 2017 | $66,550▼33.3% | $140,444▲20.7% | $2,136,496▼3.3% | $2,136,496▼3.3% | 990PF |
| 2016 | $99,725▼95.1% | $116,321▲59.2% | $2,210,390▼0.7% | $2,210,390▼0.7% | 990PF |
| 2015 | $2,031,980▲7827% | $73,064▲52.2% | $2,226,986▲501% | $2,226,986▲501% | 990PF |
| 2014 | $25,634▲504% | $48,017▲8.6% | $370,475▼5.7% | $370,475▼5.7% | 990PF |
| 2013 | -$6,348 | $44,217▼18.7% | $392,858▼11.4% | $392,858▼11.4% | 990PF |
| 2012 | — | $54,394▼35.5% | $443,423▲2.1% | $443,423▲2.1% | 990PF |
| 2011 | — | $84,352▲3.2% | $434,157▼10.1% | $434,157▼10.1% | 990PF |
| 2010 | — | $81,713 | $483,039 | $483,039 | 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 Frank L & Helen Gofrank Foundation a legitimate nonprofit?
- Yes. Frank L & Helen Gofrank Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 38-2828028, based in Oakland Twp, Michigan.
- What is Frank L & Helen Gofrank Foundation's EIN?
- Frank L & Helen Gofrank Foundation's Employer Identification Number (EIN) is 38-2828028.
- How much revenue does Frank L & Helen Gofrank Foundation report?
- Frank L & Helen Gofrank Foundation reported $191,029 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Frank L & Helen Gofrank Foundation have?
- CharityIndex grades Frank L & Helen Gofrank Foundation D, based on financial health (reserves and operating margin).
More nonprofits in Oakland Twp
Explore more
Data for Frank L & Helen Gofrank Foundation (EIN 38-2828028) 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.