Frederick E G Valergakis Charitable Tr
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Frederick E G Valergakis Charitable Tr is a 501(c)(3) organization based in Ft Washington, Pennsylvania, registered in 1979, with $255,913 in FY2024 revenue. CharityIndex grades it C+.
400 Maryland Dr, Ft Washington, PA, 19034 EIN 23-2057515 Since 1979
Revenue (FY2024)
$256K
▲ 104.4% vs prior year
Expenses (FY2024)
$281K
Net assets
$1.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Frederick E G Valergakis Charitable Tr— 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 rating45 mo reserves · -10% 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 Frederick E G Valergakis Charitable Tr: 45 mo reserves · -10% 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 Frederick E G Valergakis Charitable Tr— 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 Frederick E G Valergakis Charitable Tr: 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
- 400 Maryland Dr, Ft Washington, PA, 19034
- City
- Ft Washington
- State
- Pennsylvania
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $53K (FY2019) to $256K (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.0M
Operating margin
-9.7%
Spent more than it raised in the latest fiscal year.
Total assets
$1.0M
Total liabilities
$0
Net assets
$1.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $255,913▲104% | $280,861▲21.8% | $1,047,671▼2.3% | $1,047,671▼2.3% | 990PF |
| 2023 | $125,175▼13.8% | $230,589▲177% | $1,072,643▼8.9% | $1,072,643▼8.9% | 990PF |
| 2022 | $145,198▼29.6% | $83,246▼10.1% | $1,178,057▲5.6% | $1,178,057▲5.6% | 990PF |
| 2021 | $206,110▲264% | $92,550▲1.9% | $1,115,828▲11.1% | $1,115,828▲11.1% | 990PF |
| 2020 | $56,698▲6.3% | $90,784▲461% | $1,004,555▼3.3% | $1,004,555▼3.3% | 990PF |
| 2019 | $53,351 | $16,171 | $1,038,769 | $1,038,769 | 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 Frederick E G Valergakis Charitable Tr a legitimate nonprofit?
- Yes. Frederick E G Valergakis Charitable Tr is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-2057515, based in Ft Washington, Pennsylvania. Donations are tax-deductible.
- What is Frederick E G Valergakis Charitable Tr's EIN?
- Frederick E G Valergakis Charitable Tr's Employer Identification Number (EIN) is 23-2057515.
- How much revenue does Frederick E G Valergakis Charitable Tr report?
- Frederick E G Valergakis Charitable Tr reported $255,913 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Frederick E G Valergakis Charitable Tr have?
- CharityIndex grades Frederick E G Valergakis Charitable Tr C+, based on financial health (reserves and operating margin).
More nonprofits in Ft Washington
Explore more
Data for Frederick E G Valergakis Charitable Tr (EIN 23-2057515) 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.