Howard L and Zella M Gay Family Charitable Foundation is a 501(c)(3) organization based in Fenton, Michigan, registered in 2007, with $42,610 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$43K
▲ 179.2% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$35K
Net assets
$363K
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 Howard L and Zella M Gay 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 Howard L and Zella M Gay Family Charitable Foundation: 125 mo reserves · +18% margin earns a B+ 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 Howard L and Zella M Gay 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 Howard L and Zella M Gay 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 $11K (FY2013) to $43K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
18.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$363K
Total liabilities
$0
Net assets
$363K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $42,610▲179% | $34,817▼22.9% | $362,607▲2.1% | $362,607▲2.1% | 990PF |
| 2023 | $15,264▼58.5% | $45,160▲832% | $355,001▼5.7% | $355,001▼5.7% | 990PF |
| 2022 | $36,800▲79.8% | $4,844▼77.9% | $376,629▲9.3% | $376,629▲8.4% | 990PF |
| 2021 | $20,470▲106% | $21,875▼20.9% | $344,673▼0.4% | $347,521▲0.4% | 990PF |
| 2020 | $9,924▼23.7% | $27,653▼10.3% | $346,078▼4.2% | $346,078▼4.9% | 990PF |
| 2019 | $13,004▼13.1% | $30,841▲82.3% | $361,307▼4.7% | $363,807▼4.0% | 990PF |
| 2018 | $14,956▼56.1% | $16,917▲35.3% | $379,144▼0.5% | $379,144▼0.5% | 990PF |
| 2017 | $34,096▲162% | $12,500▼35.3% | $381,105▲6.0% | $381,105▲6.0% | 990PF |
| 2016 | $12,996▲5.2% | $19,310▼12.7% | $359,507▼1.7% | $359,507▼1.7% | 990PF |
| 2015 | $12,351▲14.7% | $22,119▼23.6% | $365,821▲1.4% | $365,821▲1.4% | 990PF |
| 2013 | $10,769 | $28,969▲4.2% | $360,721▼4.8% | $360,721▼4.8% | 990PF |
| 2012 | — | $27,800▼3.5% | $378,921▼3.6% | $378,921▼3.6% | 990PF |
| 2011 | — | $28,795▲7.9% | $392,878▼3.9% | $392,878▼3.9% | 990PF |
| 2010 | — | $26,690 | $408,884 | $408,884 | 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 Howard L and Zella M Gay Family Charitable Foundation (EIN 20-2298635) 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.