Herbert D Condie III Family Charitable Foundation is a 501(c)(3) organization based in Vero Beach, Florida, registered in 1998, with $48,919 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$49K
▲ 184.4% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$17K
Net assets
$42K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 D Condie III Family Charitable 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 D Condie III Family Charitable Foundation: 29 mo reserves · +65% margin earns a A 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 D Condie III Family Charitable 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 D Condie III Family Charitable Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $5,506 (FY2014) to $49K (FY2023) across 8 reported years.
Financial snapshot
Operating margin
64.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$42K
Total liabilities
$0
Net assets
$42K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $48,919▲184% | $17,293▲1.2% | $42,355▲205% | $42,355▲205% | 990PF |
| 2022 | $17,200▲1049% | $17,095▲15.9% | $13,871▲0.8% | $13,871▲0.8% | 990PF |
| 2021 | $1,497▼10.7% | $14,749▲119% | $13,766▼49.0% | $13,766▼49.0% | 990PF |
| 2020 | $1,676▼27.8% | $6,749▲261% | $27,018▼15.8% | $27,018▼15.8% | 990PF |
| 2019 | $2,320▼48.5% | $1,870▼82.8% | $32,091▲1.4% | $32,091▲1.4% | 990PF |
| 2018 | $4,501▼34.8% | $10,878▼64.3% | $31,641▲18.8% | $31,641▲18.8% | 990PF |
| 2015 | $6,905▲25.4% | $30,484▲12.2% | $26,639▼47.0% | $26,639▼47.0% | 990PF |
| 2014 | $5,506 | $27,161 | $50,218 | $50,218 | 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 D Condie III Family Charitable Foundation (EIN 43-1820709) 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.