George B Foster Memorial Trust
Only null% goes to programs Strong reserves
George B Foster Memorial Trust is a 501(c)(3) organization based in Hanover, Massachusetts, registered in 1997, with $19,063 in FY2024 revenue. CharityIndex grades it C+.
2036 Washington St, Hanover, MA, 02339 EIN 04-6725453 Since 1997
Revenue (FY2024)
$19K
▲ 146.4% vs prior year
Education median: $200K
Expenses (FY2024)
$16K
Net assets
$232K
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 George B Foster Memorial Trust— 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 rating178 mo reserves · +18% 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 B Foster Memorial Trust: 178 mo reserves · +18% 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 George B Foster Memorial Trust— 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 B Foster Memorial Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 2036 Washington St, Hanover, MA, 02339
- City
- Hanover
- State
- Massachusetts
- Category
- Education
- Subcategory
- Student Services & Aid
Financial trends
Revenue grew from $14K (FY2013) to $19K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $232K
Operating margin
18.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$232K
Total liabilities
$0
Net assets
$232K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $19,063▲146% | $15,608▼31.4% | $231,707▲1.5% | $231,707▲1.5% | 990PF |
| 2023 | $7,736▼66.0% | $22,745▲23.6% | $228,191▼6.1% | $228,191▼6.1% | 990PF |
| 2022 | $22,726▲3.1% | $18,407▲438% | $243,119▲1.9% | $243,119▲1.9% | 990PF |
| 2021 | $22,052▲1.8% | $3,422▼78.4% | $238,695▲8.5% | $238,695▲8.5% | 990PF |
| 2020 | $21,667▲73.9% | $15,870▲23.0% | $219,985▲2.7% | $219,985▲2.7% | 990PF |
| 2019 | $12,459▼15.3% | $12,906▼38.7% | $214,113▼0.3% | $214,113▼0.3% | 990PF |
| 2018 | $14,715▲34.8% | $21,061▲18.7% | $214,692▼3.0% | $214,692▼3.0% | 990PF |
| 2017 | $10,918▼14.1% | $17,750▲5.9% | $221,316▼3.1% | $221,316▼3.1% | 990PF |
| 2016 | $12,717▼6.8% | $16,755▲9.5% | $228,467▼2.0% | $228,467▼2.0% | 990PF |
| 2015 | $13,641▼56.1% | $15,298▲432% | $233,018▼0.9% | $233,018▼0.9% | 990PF |
| 2014 | $31,050▲114% | $2,876▼79.0% | $235,094▲13.6% | $235,094▲13.6% | 990PF |
| 2013 | $14,497 | $13,685▼6.6% | $206,899▲0.4% | $206,899▲0.4% | 990PF |
| 2012 | — | $14,654▲18.3% | $206,082▼0.5% | $206,082▼0.5% | 990PF |
| 2011 | — | $12,387▼1.4% | $207,054▼0.9% | $207,054▼0.9% | 990PF |
| 2010 | — | $12,566 | $208,991 | $208,991 | 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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Compare George B Foster Memorial Trust
Frequently asked questions
- Is George B Foster Memorial Trust a legitimate nonprofit?
- Yes. George B Foster Memorial Trust is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-6725453, based in Hanover, Massachusetts. Donations are tax-deductible.
- What is George B Foster Memorial Trust's EIN?
- George B Foster Memorial Trust's Employer Identification Number (EIN) is 04-6725453.
- How much revenue does George B Foster Memorial Trust report?
- George B Foster Memorial Trust reported $19,063 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does George B Foster Memorial Trust have?
- CharityIndex grades George B Foster Memorial Trust C+, based on financial health (reserves and operating margin).
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Data for George B Foster Memorial Trust (EIN 04-6725453) 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.