Gertrude A Barnett Foundation
Only null% goes to programs Strong reserves Declining revenue
Gertrude A Barnett Foundation is a 501(c)(3) organization based in Chicago, Illinois, registered in 1997, with $515,340 in FY2024 revenue. CharityIndex grades it C+.
Po Box 803878, Chicago, IL, 60680 EIN 65-6245681 Since 1997
Revenue (FY2024)
$515K
▲ 23.3% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$562K
Net assets
$10.5M
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 Gertrude A Barnett Foundation— 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 rating224 mo reserves · -9% 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 Gertrude A Barnett Foundation: 224 mo reserves · -9% 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 Gertrude A Barnett Foundation— 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 Gertrude A Barnett Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 803878, Chicago, IL, 60680
- City
- Chicago
- State
- Illinois
- Subcategory
- Private Foundations
Financial trends
Revenue held steady from $513K (FY2019) to $515K (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $10.5M
Operating margin
-9.1%
Spent more than it raised in the latest fiscal year.
Total assets
$10.5M
Total liabilities
$0
Net assets
$10.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $515,340▲23.3% | $562,313▼2.7% | $10,487,893▼0.4% | $10,487,893▼0.4% | 990PF |
| 2023 | $417,981▲46.8% | $577,916▼10.4% | $10,533,936▼1.5% | $10,533,936▼1.5% | 990PF |
| 2022 | $284,751▼91.0% | $645,229▲17.0% | $10,695,780▼3.3% | $10,695,780▼3.3% | 990PF |
| 2021 | $3,155,654▲764% | $551,495▼11.2% | $11,056,423▲30.8% | $11,056,423▲30.8% | 990PF |
| 2020 | $365,321▼28.8% | $621,026▼4.5% | $8,451,104▼2.9% | $8,451,104▼2.9% | 990PF |
| 2019 | $512,837 | $650,453 | $8,706,813 | $8,706,813 | 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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Frequently asked questions
- Is Gertrude A Barnett Foundation a legitimate nonprofit?
- Yes. Gertrude A Barnett Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 65-6245681, based in Chicago, Illinois. Donations are tax-deductible.
- What is Gertrude A Barnett Foundation's EIN?
- Gertrude A Barnett Foundation's Employer Identification Number (EIN) is 65-6245681.
- How much revenue does Gertrude A Barnett Foundation report?
- Gertrude A Barnett Foundation reported $515,340 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Gertrude A Barnett Foundation have?
- CharityIndex grades Gertrude A Barnett Foundation C+, based on financial health (reserves and operating margin).
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Data for Gertrude A Barnett Foundation (EIN 65-6245681) 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.