Herbert A Gellerman Family Foundation is a 501(c)(3) organization based in Bettendorf, Iowa, registered in 1981, with $7,447 in FY2023 revenue. CharityIndex grades it F.
Revenue (FY2023)
$7,447
▲ 142.9% vs prior year
Expenses (FY2023)
$14K
Net assets
$194K
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 Herbert A Gellerman Family 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 Herbert A Gellerman Family Foundation: 164 mo reserves · -91% margin earns a F 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 Herbert A Gellerman Family 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 Herbert A Gellerman Family Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $105 (FY2014) to $7,447 (FY2023) across 10 reported years.
Financial snapshot
Operating margin
-91.1%
Spent more than it raised in the latest fiscal year.
Total assets
$194K
Total liabilities
$0
Net assets
$194K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $7,447▲143% | $14,232▲1.3% | $194,157▼1.8% | $194,157▼1.8% | 990PF |
| 2022 | -$17,340▼1217% | $14,055▼39.2% | $197,753▼16.1% | $197,753▼16.1% | 990PF |
| 2021 | $1,553▼97.7% | $23,127▲31.6% | $235,721▼8.8% | $235,721▼8.8% | 990PF |
| 2020 | $68,956▲516% | $17,577▼20.9% | $258,347▲24.5% | $258,347▲24.5% | 990PF |
| 2019 | $11,191▲61.3% | $22,232▼18.2% | $207,433▼4.0% | $207,433▼4.0% | 990PF |
| 2018 | $6,936▼79.0% | $27,165▼21.0% | $216,012▼9.1% | $216,012▼9.1% | 990PF |
| 2017 | $33,092▲686% | $34,399▼45.0% | $237,528▼2.6% | $237,528▼2.6% | 990PF |
| 2016 | $4,210▲144% | $62,572▲16.1% | $243,800▼19.6% | $243,800▼19.6% | 990PF |
| 2015 | -$9,573▼9217% | $53,913▼19.8% | $303,393▼16.7% | $303,393▼16.7% | 990PF |
| 2014 | $105 | $67,189 | $364,426 | $364,426 | 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 Herbert A Gellerman Family Foundation (EIN 36-3131702) 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.