George E Handtmann III Foundation is a 501(c)(3) organization based in Santa Barbara, California, registered in 2010, with $60,974 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$61K
▲ 11.6% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$43K
Net assets
$985K
Employees
—
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 E Handtmann III 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 E Handtmann III Foundation: 276 mo reserves · +30% margin earns a B+ 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 E Handtmann III 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 E Handtmann III Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from -$42K (FY2013) to $61K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
29.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$985K
Total liabilities
$0
Net assets
$985K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $60,974▲11.6% | $42,798▲71.8% | $985,379▲1.9% | $985,379▲1.9% | 990PF |
| 2023 | $54,637▲63.1% | $24,905▼52.0% | $967,203▲3.2% | $967,203▲3.2% | 990PF |
| 2022 | $33,501▼93.8% | $51,851▼8.9% | $937,471▼1.9% | $937,471▼1.9% | 990PF |
| 2021 | $540,103▲803% | $56,940▲187% | $955,821▲102% | $955,821▲102% | 990PF |
| 2020 | $59,843▲43.4% | $19,871▼48.1% | $472,658▲9.2% | $472,658▲9.2% | 990PF |
| 2019 | $41,743▲115% | $38,294▼49.6% | $432,686▲0.8% | $432,686▲0.8% | 990PF |
| 2018 | $19,399▲132% | $75,948▲95.8% | $429,237▼11.6% | $429,237▼11.6% | 990PF |
| 2017 | -$60,327▼223% | $38,785▼54.2% | $485,786▼17.3% | $485,786▼17.3% | 990PF |
| 2016 | $49,177▲384% | $84,648▲22.8% | $587,054▼5.7% | $587,054▼5.7% | 990PF |
| 2015 | -$17,321▲96.8% | $68,938▼21.8% | $622,525▼12.2% | $622,525▼12.2% | 990PF |
| 2014 | -$543,598▼1190% | $88,111▼7.5% | $708,784▼47.1% | $708,784▼47.1% | 990PF |
| 2013 | -$42,131 | $95,280▼12.2% | $1,340,493▼9.3% | $1,340,493▼9.3% | 990PF |
| 2012 | — | $108,549▲17.7% | $1,477,904▼5.3% | $1,477,904▼5.3% | 990PF |
| 2011 | — | $92,198 | $1,561,278 | $1,561,278 | 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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Data for George E Handtmann III Foundation (EIN 27-2250801) 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.