Gary & Diane Heavin Community Fund
Only null% goes to programs Strong reserves Declining revenue
Gary & Diane Heavin Community Fund is a 501(c)(3) organization based in Gatesville, Texas, registered in 2002, with $844,210 in FY2024 revenue. CharityIndex grades it F.
875 County Road 324, Gatesville, TX, 76528 EIN 74-3003293 Since 2002
Revenue (FY2024)
$844K
▼ 17.5% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$1.8M
Net assets
$23.3M
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 Gary & Diane Heavin Community Fund— 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 rating155 mo reserves · -113% 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 Gary & Diane Heavin Community Fund: 155 mo reserves · -113% 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 Gary & Diane Heavin Community Fund— 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 Gary & Diane Heavin Community Fund: 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
- 875 County Road 324, Gatesville, TX, 76528
- City
- Gatesville
- State
- Texas
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $2.2M (FY2013) to $844K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $62KNet assets $23.3M
Operating margin
-113.4%
Spent more than it raised in the latest fiscal year.
Total assets
$23.3M
Total liabilities
$62K
Net assets
$23.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $844,210▼17.5% | $1,801,213▼33.1% | $23,279,736▼4.7% | $23,342,124▼4.5% | 990PF |
| 2023 | $1,023,127▲774% | $2,691,183▼12.4% | $24,429,289▼10.8% | $24,429,289▼10.8% | 990PF |
| 2022 | $117,028▼98.5% | $3,070,836▲84.5% | $27,384,859▼8.9% | $27,384,859▼8.9% | 990PF |
| 2021 | $7,860,127▲859% | $1,663,972▼33.5% | $30,070,588▲26.1% | $30,070,588▲26.1% | 990PF |
| 2020 | $819,561▼85.8% | $2,501,914▲33.2% | $23,838,354▼3.7% | $23,838,354▼3.7% | 990PF |
| 2019 | $5,782,924▲1459% | $1,878,242▼21.9% | $24,750,829▲25.5% | $24,750,829▲25.5% | 990PF |
| 2018 | -$425,417▲27.8% | $2,404,635▼29.9% | $19,724,073▼12.5% | $19,724,073▼12.5% | 990PF |
| 2017 | -$589,164▼335% | $3,430,038▲6.7% | $22,547,830▼15.1% | $22,547,830▼15.1% | 990PF |
| 2016 | $251,082▲3.2% | $3,213,766▲9.0% | $26,567,032▼10.3% | $26,567,032▼10.3% | 990PF |
| 2015 | $243,358▲111% | $2,949,489▼17.7% | $29,629,287▼0.4% | $29,629,287▼0.4% | 990PF |
| 2014 | -$2,225,921▼200% | $3,585,295▲96.7% | $29,753,069▼16.3% | $29,753,069▼16.3% | 990PF |
| 2013 | $2,216,336 | $1,822,773▼6.2% | $35,566,326▼1.5% | $35,566,326▼1.5% | 990PF |
| 2012 | — | $1,943,814▼1.9% | $36,119,976▲102% | $36,119,976▲102% | 990PF |
| 2011 | — | $1,981,457▼23.1% | $17,880,098▲6.8% | $17,880,098▲6.8% | 990PF |
| 2010 | — | $2,577,271 | $16,741,730 | $16,741,730 | 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 · $164K total
1 grant to Gary & Diane Heavin Community Fund totaling $164K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Good360 | To assist those in need | 2020 | $163,875 |
Similar organizations in Philanthropy
Compare Gary & Diane Heavin Community Fund
Frequently asked questions
- Is Gary & Diane Heavin Community Fund a legitimate nonprofit?
- Yes. Gary & Diane Heavin Community Fund is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 74-3003293, based in Gatesville, Texas. Donations are tax-deductible.
- What is Gary & Diane Heavin Community Fund's EIN?
- Gary & Diane Heavin Community Fund's Employer Identification Number (EIN) is 74-3003293.
- How much revenue does Gary & Diane Heavin Community Fund report?
- Gary & Diane Heavin Community Fund reported $844,210 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Gary & Diane Heavin Community Fund have?
- CharityIndex grades Gary & Diane Heavin Community Fund F, based on financial health (reserves and operating margin).
More nonprofits in Gatesville
Explore more
Data for Gary & Diane Heavin Community Fund (EIN 74-3003293) 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.