Gerry-corbett Foundation is a 501(c)(3) organization based in Tampa, Florida, registered in 1995, with $588,991 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$589K
▲ 2051.3% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$419K
Net assets
$8.3M
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 Gerry-corbett 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 Gerry-corbett Foundation: 238 mo reserves · +29% 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 Gerry-corbett 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 Gerry-corbett Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $729K (FY2013) to $589K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
28.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$8.3M
Total liabilities
$0
Net assets
$8.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $588,991▲2051% | $418,965▼10.8% | $8,302,925▲2.1% | $8,302,925▲2.1% | 990PF |
| 2023 | -$30,184▲76.8% | $469,546▲21.7% | $8,133,877▼5.8% | $8,133,877▼5.8% | 990PF |
| 2022 | -$130,278▼104% | $385,679▲0.2% | $8,633,207▼5.6% | $8,633,207▼5.6% | 990PF |
| 2021 | $3,692,796▲1615% | $385,062▲3.4% | $9,149,227▲56.8% | $9,149,227▲56.8% | 990PF |
| 2020 | $215,353▼12.3% | $372,468▲3.8% | $5,836,663▼2.6% | $5,836,663▼2.6% | 990PF |
| 2019 | $245,472▲346% | $358,671▼8.4% | $5,991,369▼2.0% | $5,991,369▼2.0% | 990PF |
| 2018 | -$99,788▼137% | $391,761▲1.2% | $6,111,802▼7.4% | $6,111,802▼7.4% | 990PF |
| 2017 | $269,229▲21.3% | $387,254▼2.4% | $6,603,496▼1.7% | $6,603,496▼1.7% | 990PF |
| 2016 | $222,035▼18.4% | $396,755▲7.7% | $6,717,658▼2.5% | $6,717,719▼2.5% | 990PF |
| 2015 | $272,102▼81.3% | $368,336▼6.8% | $6,892,668▼1.3% | $6,892,668▼1.3% | 990PF |
| 2014 | $1,453,363▲99.5% | $395,397▲9.9% | $6,986,122▲18.0% | $6,986,551▲17.8% | 990PF |
| 2013 | $728,598 | $359,802▼3.3% | $5,918,441▲6.6% | $5,928,484▲6.6% | 990PF |
| 2012 | — | $371,902▲4.3% | $5,549,543▼1.6% | $5,559,433▼1.5% | 990PF |
| 2011 | — | $356,538▲17.2% | $5,641,499▲3.0% | $5,645,914▲3.1% | 990PF |
| 2010 | — | $304,151 | $5,476,227 | $5,476,411 | 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 Gerry-corbett Foundation (EIN 59-3287385) 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.