Gitter-yelen Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Gitter-yelen Foundation is a 501(c)(3) organization based in New Orleans, Louisiana, registered in 1997, with $237,683 in FY2024 revenue. CharityIndex grades it D.
9 Bamboo Rd, New Orleans, LA, 70124 EIN 72-1340720 Since 1997
Revenue (FY2024)
$238K
▲ 98.9% vs prior year
Expenses (FY2024)
$315K
Net assets
$1.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 Gitter-yelen Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating52 mo reserves · -33% 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 Gitter-yelen Foundation: 52 mo reserves · -33% margin earns a D 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 Gitter-yelen Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Gitter-yelen Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 9 Bamboo Rd, New Orleans, LA, 70124
- City
- New Orleans
- State
- Louisiana
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $95K (FY2013) to $238K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1,445Net assets $1.4M
Operating margin
-32.5%
Spent more than it raised in the latest fiscal year.
Total assets
$1.4M
Total liabilities
$1,445
Net assets
$1.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $237,683▲98.9% | $314,970▲31.9% | $1,368,512▼1.5% | $1,369,957▼1.5% | 990PF |
| 2023 | $119,525▲73681% | $238,792▼60.3% | $1,389,333▼5.2% | $1,390,831▼5.1% | 990PF |
| 2022 | $162▼100.0% | $601,801▼77.2% | $1,465,005▼17.9% | $1,465,005▼17.9% | 990PF |
| 2021 | $630,762▲2283% | $2,635,139▲2859% | $1,784,613▼2.4% | $1,784,613▼2.4% | 990PF |
| 2020 | $26,470▼62.6% | $89,043▼21.0% | $1,828,290▼3.3% | $1,828,290▼3.3% | 990PF |
| 2019 | $70,739▲49.4% | $112,776▼14.1% | $1,890,863▼2.2% | $1,890,863▼2.2% | 990PF |
| 2018 | $47,333▼62.4% | $131,344▼66.2% | $1,932,900▼4.2% | $1,932,900▼4.2% | 990PF |
| 2017 | $125,800▲108% | $388,648▲540% | $2,016,911▼11.5% | $2,016,911▼11.5% | 990PF |
| 2016 | $60,359▼7.3% | $60,726▼22.5% | $2,279,759 | $2,279,759 | 990PF |
| 2015 | $65,100▼80.2% | $78,374▼76.9% | $2,280,126▼0.6% | $2,280,126▼0.6% | 990PF |
| 2014 | $329,260▲246% | $339,561▲252% | $2,293,400▼0.4% | $2,293,400▼0.4% | 990PF |
| 2013 | $95,129 | $96,445▲137% | $2,303,701▼0.1% | $2,303,701▼0.1% | 990PF |
| 2012 | — | $40,644▼7.7% | $2,305,017▲25.7% | $2,305,017▲25.7% | 990PF |
| 2010 | — | $44,041 | $1,833,093 | $1,833,093 | 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.
Frequently asked questions
- Is Gitter-yelen Foundation a legitimate nonprofit?
- Yes. Gitter-yelen Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 72-1340720, based in New Orleans, Louisiana. Donations are tax-deductible.
- What is Gitter-yelen Foundation's EIN?
- Gitter-yelen Foundation's Employer Identification Number (EIN) is 72-1340720.
- How much revenue does Gitter-yelen Foundation report?
- Gitter-yelen Foundation reported $237,683 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Gitter-yelen Foundation have?
- CharityIndex grades Gitter-yelen Foundation D, based on financial health (reserves and operating margin).
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Data for Gitter-yelen Foundation (EIN 72-1340720) 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.