George & Raymond Frank Foundation is a 501(c)(3) organization based in Yarmouth, Maine, registered in 1999, with $1,347,875 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$1.3M
▼ 21.8% vs prior year
Recreation median: $129K
Expenses (FY2023)
$1.3M
Net assets
$4.1M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 & Raymond Frank Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 & Raymond Frank Foundation: 37 mo reserves · +1% margin earns a A on this criterion. See the exact thresholds →
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 & Raymond Frank Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 & Raymond Frank Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $935K (FY2013) to $1.3M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
0.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.1M
Total liabilities
$10K
Net assets
$4.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,347,875▼21.8% | $1,335,755▲6.4% | $4,094,849▲6.6% | $4,104,927▲6.1% | 990 |
| 2022 | $1,723,187▲16.6% | $1,255,132▲9.1% | $3,842,629▲13.2% | $3,867,679▲13.1% | 990 |
| 2021 | $1,478,238▼9.3% | $1,150,141▲12.4% | $3,393,245▲30.4% | $3,421,185▲26.1% | 990 |
| 2020 | $1,628,992▲399% | $1,023,058▲141% | $2,602,164▲22.4% | $2,713,632▲19.0% | 990 |
| 2019 | $326,243▼73.7% | $424,955▼61.0% | $2,125,282▲8.0% | $2,280,118▲5.1% | 990 |
| 2018 | $1,241,836▲13.7% | $1,090,843▲6.3% | $1,967,096▲7.9% | $2,169,422▲11.2% | 990 |
| 2017 | $1,092,401▲4.7% | $1,026,517▲4.0% | $1,822,568▲4.7% | $1,950,812▲5.8% | 990 |
| 2016 | $1,043,639▼0.7% | $987,426▼1.4% | $1,740,469▲2.9% | $1,843,569▲3.2% | 990 |
| 2015 | $1,050,740▲3.7% | $1,001,694▼3.4% | $1,691,007▲2.6% | $1,786,394▲3.0% | 990 |
| 2014 | $1,012,920▲8.4% | $1,037,057▼10.7% | $1,647,961▼0.7% | $1,734,723▲2.5% | 990 |
| 2013 | $934,833 | $1,161,209▲30.9% | $1,660,098▼8.9% | $1,691,934▼8.6% | 990 |
| 2011 | — | $887,277 | $1,821,286 | $1,852,122 | 990 |
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.
16 grants to George & Raymond Frank Foundation totaling $1.0M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Columbus Foundation | Social services | 2024 | $45,500 |
| Community Foundation of New Jersey | Camps | 2024 | $25,000 |
| Columbus Foundation | Social services | 2023 | $415,843 |
| Community Foundation of New Jersey | Unrestricted grant to support organization's exempt purpose | 2023 | $65,000 |
| Columbus Foundation | Social services | 2022 | $125,300 |
| Community Foundation of New Jersey | Unrestricted grant to support organization's exempt purpose | 2022 | $90,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $51,750 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $51,750 |
| Community Foundation of New Jersey | General support | 2021 | $40,000 |
| Columbus Foundation | Social services | 2021 | $5,200 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $53,750 |
| American Online Giving Foundation Inc | General support | 2020 | $5,336 |
| American Online Giving Foundation Inc | General support | 2020 | $5,336 |
| Donor Advised Charitable Giving | Human services | 2019 | $20,000 |
| Ayco Charitable Foundation | Community & human services | 2019 | $10,000 |
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Data for George & Raymond Frank Foundation (EIN 01-0520094) 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.