Geoffrey C and Kelly K Gage Familyfoundation
Only null% goes to programs Strong reserves Growing revenue
Geoffrey C and Kelly K Gage Familyfoundation is a 501(c)(3) organization based in Minnetonka, Minnesota, registered in 2007, with $5,014 in FY2024 revenue. CharityIndex grades it F.
701 Carlson Pkwy Ste 1250, Minnetonka, MN, 55305 EIN 20-5290423 Since 2007
Revenue (FY2024)
$5,014
▼ 4.7% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$160K
Net assets
$168K
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 Geoffrey C and Kelly K Gage Familyfoundation— 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 rating13 mo reserves · -3101% 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 Geoffrey C and Kelly K Gage Familyfoundation: 13 mo reserves · -3101% 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 Geoffrey C and Kelly K Gage Familyfoundation— 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 Geoffrey C and Kelly K Gage Familyfoundation: 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
- 701 Carlson Pkwy Ste 1250, Minnetonka, MN, 55305
- City
- Minnetonka
- State
- Minnesota
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $3,355 (FY2013) to $5,014 (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $168K
Operating margin
-3100.9%
Spent more than it raised in the latest fiscal year.
Total assets
$168K
Total liabilities
$0
Net assets
$168K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $5,014▼4.7% | $160,491▲4435% | $168,163▼41.7% | $168,163▼41.7% | 990PF |
| 2023 | $5,259▲20.0% | $3,539▼69.3% | $288,499▲18.6% | $288,500▲18.6% | 990PF |
| 2022 | $4,384▲1.9% | $11,542▼0.4% | $243,308▼19.3% | $243,308▼19.3% | 990PF |
| 2021 | $4,303▼81.5% | $11,587▼6.6% | $301,672▲15.4% | $301,672▲15.4% | 990PF |
| 2020 | $23,295▲257% | $12,402▼53.8% | $261,409▲7.5% | $261,409▲7.5% | 990PF |
| 2019 | $6,527▲40.8% | $26,832▲97.6% | $243,133▲13.1% | $243,133▲13.1% | 990PF |
| 2018 | $4,635▼66.1% | $13,581▼24.9% | $215,003▼13.0% | $215,003▼13.0% | 990PF |
| 2017 | $13,658▲68.5% | $18,094▲3.2% | $247,002▲10.9% | $247,002▲10.9% | 990PF |
| 2016 | $8,108▲8.1% | $17,538▲7.0% | $222,631▲3.4% | $222,631▲3.4% | 990PF |
| 2015 | $7,502▲20.1% | $16,386▼4.3% | $215,382▼7.8% | $215,382▼7.8% | 990PF |
| 2014 | $6,245▲86.1% | $17,120▲24.5% | $233,534▼1.1% | $233,534▼1.1% | 990PF |
| 2013 | $3,355 | $13,754▼3.0% | $236,250▲14.4% | $236,250▲14.4% | 990PF |
| 2012 | — | $14,174▲42.9% | $206,588▲4.3% | $206,588▲4.3% | 990PF |
| 2011 | — | $9,922 | $198,058 | $198,058 | 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.
Similar organizations in Philanthropy
- Philanthropy
Wayzata Rotary Charitable Foundation
Plymouth, MN
$0
annual revenue
Philanthropy
Opportunity Services Florida Inc
Savage, MN
$0
Dannual revenue
- Philanthropy
Minneapolis Uptown Rotary Community Service Foundation
Minneapolis, MN
$0
annual revenue
Philanthropy
Minnesota Real Estate Foundation
Saint Cloud, MN
$0
Bannual revenue
- Philanthropy
Library Foundation of Carver County
Chaska, MN
$0
annual revenue
- Philanthropy
Camp Foley Inc
Pine River, MN
$0
annual revenue
- Philanthropy
Warroad Community Partners Inc
Warroad, MN
$0
annual revenue
- Philanthropy
Lonsdale Crawl
Lonsdale, MN
$0
annual revenue
- Philanthropy
Ring and Run Inc
Caledonia, MN
$0
annual revenue
- Philanthropy
Todd-wadena Electric Cooperative Community Tr
Wadena, MN
$0
annual revenue
Compare Geoffrey C and Kelly K Gage Familyfoundation
Frequently asked questions
- Is Geoffrey C and Kelly K Gage Familyfoundation a legitimate nonprofit?
- Yes. Geoffrey C and Kelly K Gage Familyfoundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 20-5290423, based in Minnetonka, Minnesota. Donations are tax-deductible.
- What is Geoffrey C and Kelly K Gage Familyfoundation's EIN?
- Geoffrey C and Kelly K Gage Familyfoundation's Employer Identification Number (EIN) is 20-5290423.
- How much revenue does Geoffrey C and Kelly K Gage Familyfoundation report?
- Geoffrey C and Kelly K Gage Familyfoundation reported $5,014 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Geoffrey C and Kelly K Gage Familyfoundation have?
- CharityIndex grades Geoffrey C and Kelly K Gage Familyfoundation F, based on financial health (reserves and operating margin).
More nonprofits in Minnetonka
Explore more
Data for Geoffrey C and Kelly K Gage Familyfoundation (EIN 20-5290423) 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.