Gigi & Averell H Mortimer Foundation is a 501(c)(3) organization based in Harriman, New York, registered in 2014, with $516,046 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$516K
▲ 43.7% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$4,692
Net assets
$1.4M
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 Gigi & Averell H Mortimer 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 Gigi & Averell H Mortimer Foundation: 3661 mo reserves · +99% 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 Gigi & Averell H Mortimer 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 Gigi & Averell H Mortimer Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $186K (FY2017) to $516K (FY2024) across 8 reported years.
Financial snapshot
Operating margin
99.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.4M
Total liabilities
$58
Net assets
$1.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $516,046▲43.7% | $4,692▲10.7% | $1,431,620▲55.6% | $1,431,678▲55.6% | 990PF |
| 2023 | $359,058▲247% | $4,240▲26.9% | $920,266▲62.7% | $920,324▲62.7% | 990PF |
| 2022 | $103,432▼36.7% | $3,340▲77.3% | $565,448▲21.5% | $565,506▲21.5% | 990PF |
| 2021 | $163,494▼9.7% | $1,884▲10.2% | $465,356▲53.2% | $465,414▲53.2% | 990PF |
| 2020 | $181,074▲46.1% | $1,709▼56.8% | $303,804▲145% | $303,804▲145% | 990PF |
| 2019 | $123,922▲20.0% | $3,957▼96.5% | $123,778▲3147% | $123,778▲3147% | 990PF |
| 2018 | $103,281▼44.5% | $113,402▼47.8% | $3,812▼72.6% | $3,812▼72.6% | 990PF |
| 2017 | $186,093 | $217,441 | $13,933 | $13,933 | 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 Gigi & Averell H Mortimer Foundation (EIN 46-4323935) 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.