John M and Gertrude E Petersen Foundation
Only null% goes to programs Strong reserves Growing revenue
John M and Gertrude E Petersen Foundation is a 501(c)(3) organization based in Erie, Pennsylvania, registered in 2001, with $494,757 in FY2024 revenue. CharityIndex grades it F.
100 State St Ste 700, Erie, PA, 16507 EIN 25-1859031 Since 2001
Revenue (FY2024)
$495K
▼ 36.2% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$1.2M
Net assets
$5.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 John M and Gertrude E Petersen Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating49 mo reserves · -148% 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 John M and Gertrude E Petersen Foundation: 49 mo reserves · -148% margin earns a F 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 John M and Gertrude E Petersen 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 John M and Gertrude E Petersen 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
- Address
- 100 State St Ste 700, Erie, PA, 16507
- City
- Erie
- State
- Pennsylvania
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $815K (FY2013) to $495K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $5.0M
Operating margin
-147.6%
Spent more than it raised in the latest fiscal year.
Total assets
$5.0M
Total liabilities
$0
Net assets
$5.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $494,757▼36.2% | $1,224,841▲36.8% | $5,010,230▼12.7% | $5,010,230▼12.7% | 990PF |
| 2023 | $775,716▲65.8% | $895,204▼25.3% | $5,740,314▼2.0% | $5,740,314▼2.0% | 990PF |
| 2022 | $467,833▲12.2% | $1,197,907▲4.3% | $5,859,802▼11.1% | $5,859,802▼11.1% | 990PF |
| 2021 | $416,879▼0.1% | $1,148,844▲6.2% | $6,589,876▼10.0% | $6,589,876▼10.0% | 990PF |
| 2020 | $417,450▼6.4% | $1,082,134▼13.5% | $7,321,841▼8.3% | $7,321,841▼8.3% | 990PF |
| 2019 | $446,004▼75.4% | $1,251,296▲16.3% | $7,986,525▼9.2% | $7,986,525▼9.2% | 990PF |
| 2018 | $1,812,574▲276% | $1,076,009▼0.2% | $8,791,817▲9.1% | $8,791,817▲9.1% | 990PF |
| 2017 | -$1,030,591▼297% | $1,078,463▲24.3% | $8,055,252▼19.8% | $8,055,252▼19.8% | 990PF |
| 2016 | $522,770▲0.9% | $867,868▲13.2% | $10,047,107▼3.3% | $10,047,107▼3.3% | 990PF |
| 2015 | $517,852▲4.4% | $766,483▼22.3% | $10,392,189▼2.3% | $10,392,189▼2.3% | 990PF |
| 2014 | $496,032▼39.2% | $986,689▲287% | $10,640,820▼4.4% | $10,640,820▼4.4% | 990PF |
| 2013 | $815,312 | $254,995▼70.8% | $11,131,477▲4.9% | $11,131,477▲4.9% | 990PF |
| 2012 | — | $873,471▼8.9% | $10,610,215▼2.0% | $10,610,215▼2.0% | 990PF |
| 2011 | — | $958,728 | $10,827,676 | $10,827,676 | 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 Philanthropy
- Philanthropy
In Deed and In Truth
Bridgeport, PA
$0
annual revenue
Philanthropy
Wings of Kindness Foundation Inc
Thompsontown, PA
$0
Bannual revenue
- Philanthropy
Nicholas Ryan Over Foundation
Carlisle, PA
$0
annual revenue
- Philanthropy
Bethlehem Rotary Foundation
Allentown, PA
$0
Cannual revenue
- Philanthropy
Kiwanis Club of Mountaintop Charitable Foundation
Pittston, PA
$0
annual revenue
- Philanthropy
Clinton County Economic Partnership Foundation
Lock Haven, PA
$0
annual revenue
- Philanthropy
Melons Gift Inc
Stroudsburg, PA
$0
annual revenue
- Philanthropy
Choir Parents Association Council Rock South
Holland, PA
$0
annual revenue
- Philanthropy
Chit Chat Charity
Wynnewood, PA
$0
annual revenue
- Philanthropy
Nova Esperanca Inc
Glen Rock, PA
$0
annual revenue
Compare John M and Gertrude E Petersen Foundation
Frequently asked questions
- Is John M and Gertrude E Petersen Foundation a legitimate nonprofit?
- Yes. John M and Gertrude E Petersen Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 25-1859031, based in Erie, Pennsylvania. Donations are tax-deductible.
- What is John M and Gertrude E Petersen Foundation's EIN?
- John M and Gertrude E Petersen Foundation's Employer Identification Number (EIN) is 25-1859031.
- How much revenue does John M and Gertrude E Petersen Foundation report?
- John M and Gertrude E Petersen Foundation reported $494,757 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does John M and Gertrude E Petersen Foundation have?
- CharityIndex grades John M and Gertrude E Petersen Foundation F, based on financial health (reserves and operating margin).
More nonprofits in Erie
Explore more
Data for John M and Gertrude E Petersen Foundation (EIN 25-1859031) 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.