George & Audrey Rasmussen Family Foundation
Only null% goes to programs Strong reserves
George & Audrey Rasmussen Family Foundation is a 501(c)(3) organization based in Bellingham, Washington, registered in 2010, with $47,434 in FY2024 revenue. CharityIndex grades it F.
212 Viewcrest Rd, Bellingham, WA, 98229 EIN 26-3920859 Since 2010
Revenue (FY2024)
$47K
▲ 182.6% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$93K
Net assets
$842K
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 George & Audrey Rasmussen Family Foundation— 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 rating108 mo reserves · -97% 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 George & Audrey Rasmussen Family Foundation: 108 mo reserves · -97% 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 George & Audrey Rasmussen Family 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 George & Audrey Rasmussen Family Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 212 Viewcrest Rd, Bellingham, WA, 98229
- City
- Bellingham
- State
- Washington
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $61K (FY2013) to $47K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $842K
Operating margin
-96.8%
Spent more than it raised in the latest fiscal year.
Total assets
$842K
Total liabilities
$0
Net assets
$842K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $47,434▲183% | $93,329▼3.9% | $842,232▼10.1% | $842,232▼10.1% | 990PF |
| 2023 | -$57,403▼192% | $97,089▲30.3% | $936,806▼15.2% | $936,806▼15.2% | 990PF |
| 2022 | $62,599▲27.4% | $74,527▼14.3% | $1,104,910▼1.8% | $1,104,910▼1.8% | 990PF |
| 2021 | $49,146▲124% | $86,981▲21.2% | $1,125,016▼3.3% | $1,125,016▼3.3% | 990PF |
| 2020 | $21,909▼70.7% | $71,759▼7.9% | $1,162,851▼4.1% | $1,162,851▼4.1% | 990PF |
| 2019 | $74,695▼13.0% | $77,875▲2.4% | $1,212,701▼0.3% | $1,212,701▼0.3% | 990PF |
| 2018 | $85,843▼23.8% | $76,074▼10.3% | $1,215,810▲1.0% | $1,215,810▲1.0% | 990PF |
| 2017 | $112,651▲30.6% | $84,803▲8.0% | $1,203,962▲2.4% | $1,203,962▲2.4% | 990PF |
| 2016 | $86,236▲25.8% | $78,495▼17.4% | $1,175,724▲0.7% | $1,175,724▲0.7% | 990PF |
| 2015 | $68,569▲1.5% | $94,985▲25.1% | $1,167,983▼2.0% | $1,167,983▼2.0% | 990PF |
| 2014 | $67,584▲10.2% | $75,900▼9.3% | $1,192,267▼0.7% | $1,192,267▼0.7% | 990PF |
| 2013 | $61,314 | $83,686 | $1,200,583 | $1,200,583 | 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.
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Frequently asked questions
- Is George & Audrey Rasmussen Family Foundation a legitimate nonprofit?
- Yes. George & Audrey Rasmussen Family Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 26-3920859, based in Bellingham, Washington. Donations are tax-deductible.
- What is George & Audrey Rasmussen Family Foundation's EIN?
- George & Audrey Rasmussen Family Foundation's Employer Identification Number (EIN) is 26-3920859.
- How much revenue does George & Audrey Rasmussen Family Foundation report?
- George & Audrey Rasmussen Family Foundation reported $47,434 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does George & Audrey Rasmussen Family Foundation have?
- CharityIndex grades George & Audrey Rasmussen Family Foundation F, based on financial health (reserves and operating margin).
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Data for George & Audrey Rasmussen Family Foundation (EIN 26-3920859) 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.