George W Gillemot Foundation is a 501(c)(3) organization based in Reno, Nevada, registered in 2004, with $50,975,560 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$51.0M
▼ 9.7% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$4.5M
Net assets
$100.3M
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 W Gillemot 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 W Gillemot Foundation: 269 mo reserves · +91% 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 W Gillemot 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 W Gillemot Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $36K (FY2013) to $51.0M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
91.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$100.3M
Total liabilities
$55K
Net assets
$100.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $50,975,560▼9.7% | $4,468,279▲230% | $100,268,357▲87.3% | $100,322,876▲87.4% | 990PF |
| 2023 | $56,455,881▲1822233% | $1,354,585▲1891% | $53,546,076▲27510% | $53,546,076▲27510% | 990PF |
| 2022 | $3,098▼96.8% | $68,046▲423% | $193,936▼25.1% | $193,936▼25.2% | 990PF |
| 2021 | $98,003▲4311% | $13,020▼49.6% | $258,884▲48.9% | $259,171▲1.9% | 990PF |
| 2020 | $2,222▼86.1% | $25,822▼29.1% | $173,901▼11.9% | $254,453▼6.7% | 990PF |
| 2019 | $15,994▲130% | $36,435▼19.3% | $197,501▼9.4% | $272,768▼6.4% | 990PF |
| 2018 | -$53,231▼31.0% | $45,162▲772% | $217,942▼31.1% | $291,438▼10.1% | 990PF |
| 2017 | -$40,643▼165% | $5,182▼55.0% | $316,335▼12.7% | $324,031▼11.2% | 990PF |
| 2016 | -$15,353▼169% | $11,527▲73.3% | $362,160▼6.9% | $364,874▼6.5% | 990PF |
| 2015 | $22,326▼50.0% | $6,653▼34.6% | $389,040▲4.2% | $390,367▲4.2% | 990PF |
| 2014 | $44,617▲24.9% | $10,172▼68.9% | $373,367▲10.2% | $374,694▲10.1% | 990PF |
| 2013 | $35,728 | $32,668 | $338,922 | $340,249 | 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 W Gillemot Foundation (EIN 43-2058994) 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.