Herman & Irene Gertz Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Herman & Irene Gertz Foundation is a 501(c)(3) organization based in Muncie, Indiana, registered in 1966, with $94,544 in FY2024 revenue. CharityIndex grades it C+.
200 E Jackson St, Muncie, IN, 47305 EIN 38-6153472 Since 1966
Revenue (FY2024)
$95K
▲ 324.4% vs prior year
Expenses (FY2024)
$61K
Net assets
$1.2M
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 Herman & Irene Gertz Foundation— 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 rating230 mo reserves · +35% 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 Herman & Irene Gertz Foundation: 230 mo reserves · +35% 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 Herman & Irene Gertz Foundation— 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 Herman & Irene Gertz Foundation: 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
Financial trends
Revenue grew from $72K (FY2013) to $95K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.2M
Operating margin
35.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.2M
Total liabilities
$0
Net assets
$1.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $94,544▲324% | $61,048▼17.2% | $1,167,546▲3.0% | $1,167,546▲3.0% | 990PF |
| 2023 | $22,278▼92.2% | $73,747▼5.8% | $1,133,968▼4.3% | $1,133,968▼4.3% | 990PF |
| 2022 | $284,831▲322% | $78,279▼13.4% | $1,184,448▲21.0% | $1,184,448▲21.0% | 990PF |
| 2021 | $67,565▲195% | $90,414▲11.2% | $979,048▼2.3% | $979,048▼2.3% | 990PF |
| 2020 | $22,880▼68.4% | $81,315 | $1,001,897▼5.5% | $1,001,897▼5.5% | 990PF |
| 2019 | $72,404 | $81,323▲1.5% | $1,060,284▼0.8% | $1,060,284▼0.8% | 990PF |
| 2018 | $72,388▲86.5% | $80,096▼1.5% | $1,069,272▼0.7% | $1,069,272▼0.7% | 990PF |
| 2017 | $38,824▼69.7% | $81,295▲4.4% | $1,076,796▼3.8% | $1,076,796▼3.8% | 990PF |
| 2016 | $127,978▲15.1% | $77,853▼5.2% | $1,119,525▲4.7% | $1,119,525▲4.7% | 990PF |
| 2015 | $111,185▲63.5% | $82,159▼25.0% | $1,069,400▲2.8% | $1,069,400▲2.8% | 990PF |
| 2014 | $67,998▼6.1% | $109,574▲90.0% | $1,040,374▼3.8% | $1,040,374▼3.8% | 990PF |
| 2013 | $72,436 | $57,681▼28.3% | $1,081,950▲1.4% | $1,081,950▲1.4% | 990PF |
| 2012 | — | $80,416▲58.9% | $1,067,195▼3.0% | $1,067,195▼3.0% | 990PF |
| 2011 | — | $50,604▼24.7% | $1,100,397▲0.2% | $1,100,397 | 990PF |
| 2010 | — | $67,162 | $1,098,207 | $1,100,164 | 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 Herman & Irene Gertz Foundation a legitimate nonprofit?
- Yes. Herman & Irene Gertz Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 38-6153472, based in Muncie, Indiana. Donations are tax-deductible.
- What is Herman & Irene Gertz Foundation's EIN?
- Herman & Irene Gertz Foundation's Employer Identification Number (EIN) is 38-6153472.
- How much revenue does Herman & Irene Gertz Foundation report?
- Herman & Irene Gertz Foundation reported $94,544 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Herman & Irene Gertz Foundation have?
- CharityIndex grades Herman & Irene Gertz Foundation C+, based on financial health (reserves and operating margin).
More nonprofits in Muncie
Explore more
Data for Herman & Irene Gertz Foundation (EIN 38-6153472) 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.