Gladys M Thomas Testamentary Trust
Only null% goes to programs Strong reserves
Gladys M Thomas Testamentary Trust is a 501(c)(3) organization based in Pt Pleasant, New Jersey, registered in 2006, with $37,410 in FY2024 revenue. CharityIndex grades it C+.
Po Box 730, Pt Pleasant, NJ, 08742 EIN 02-6144776 Since 2006
Revenue (FY2024)
$37K
▲ 28.8% vs prior year
Human Services median: $293K
Expenses (FY2024)
$40K
Net assets
$500K
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 Gladys M Thomas Testamentary Trust— 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 rating149 mo reserves · -7% 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 Gladys M Thomas Testamentary Trust: 149 mo reserves · -7% 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 Gladys M Thomas Testamentary Trust— 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 Gladys M Thomas Testamentary Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- Po Box 730, Pt Pleasant, NJ, 08742
- City
- Pt Pleasant
- State
- New Jersey
- Category
- Human Services
- Subcategory
- Personal Social Services
Financial trends
Revenue declined from $45K (FY2013) to $37K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $500K
Operating margin
-7.3%
Spent more than it raised in the latest fiscal year.
Total assets
$500K
Total liabilities
$0
Net assets
$500K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $37,410▲28.8% | $40,154▲14.2% | $500,007▲8.9% | $500,007▲8.9% | 990PF |
| 2023 | $29,037▼24.8% | $35,153▲7.6% | $459,031▲4.9% | $459,031▲4.9% | 990PF |
| 2022 | $38,619▼5.6% | $32,662▼23.7% | $437,576▼12.9% | $437,576▼12.9% | 990PF |
| 2021 | $40,921▲53.4% | $42,802▲228% | $502,542▼0.4% | $502,542▼0.4% | 990PF |
| 2020 | $26,674▲22.1% | $13,058▼62.1% | $504,423▲2.8% | $504,423▲2.8% | 990PF |
| 2019 | $21,851▼30.3% | $34,482▲141% | $490,807▼2.5% | $490,807▼2.5% | 990PF |
| 2018 | $31,366▲21.1% | $14,330▼73.5% | $503,438▲3.5% | $503,438▲3.5% | 990PF |
| 2017 | $25,909▲2031% | $53,979▲230% | $486,402▼5.5% | $486,402▼5.5% | 990PF |
| 2016 | $1,216▼96.6% | $16,353▼52.4% | $514,472▼2.9% | $514,472▼2.9% | 990PF |
| 2015 | $35,271▼36.0% | $34,327▼16.3% | $529,609▲0.2% | $529,609▲0.2% | 990PF |
| 2014 | $55,107▲21.6% | $41,006▼3.4% | $528,665▲2.7% | $528,665▲2.7% | 990PF |
| 2013 | $45,302 | $42,468▲25.4% | $514,564▲0.6% | $514,564▲0.6% | 990PF |
| 2012 | — | $33,863▲0.3% | $511,730▲4.5% | $511,730▲4.5% | 990PF |
| 2011 | — | $33,769▼1.0% | $489,797▼0.1% | $489,797▼0.1% | 990PF |
| 2010 | — | $34,099 | $490,324 | $490,324 | 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.
Similar organizations in Human Services
- Human Services
Jesus House Fellowship USA Inc
Union, NJ
$0
annual revenue
- Human Services
Gods Children In Need Inc
Clifton, NJ
$0
annual revenue
- Human Services
Its Your Best Shot A Nj Nonprofit Corporation
Glassboro, NJ
$0
annual revenue
- Human Services
Cats Meow Rescue Group
Cinnaminson, NJ
$0
annual revenue
- Human Services
Society of St Vincent De Paul Holy Family Conference
New Brunswick, NJ
$0
annual revenue
- Human Services
Nir Foundation
Cream Ridge, NJ
$0
Dannual revenue
Human Services
Right Your Life Corp
Matawan, NJ
$0
C+annual revenue
- Human Services
Wheelers For the Wounded Nj
Wanaque, NJ
$0
annual revenue
- Human Services
Michelles Foundation Inc
Irvington, NJ
$0
annual revenue
- Human Services
Itri4kids
Gibbsboro, NJ
$0
annual revenue
Compare Gladys M Thomas Testamentary Trust
Frequently asked questions
- Is Gladys M Thomas Testamentary Trust a legitimate nonprofit?
- Yes. Gladys M Thomas Testamentary Trust is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 02-6144776, based in Pt Pleasant, New Jersey. Donations are tax-deductible.
- What is Gladys M Thomas Testamentary Trust's EIN?
- Gladys M Thomas Testamentary Trust's Employer Identification Number (EIN) is 02-6144776.
- How much revenue does Gladys M Thomas Testamentary Trust report?
- Gladys M Thomas Testamentary Trust reported $37,410 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Gladys M Thomas Testamentary Trust have?
- CharityIndex grades Gladys M Thomas Testamentary Trust C+, based on financial health (reserves and operating margin).
More nonprofits in Pt Pleasant
Explore more
Data for Gladys M Thomas Testamentary Trust (EIN 02-6144776) 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.