L Ermitage Foundation is a 501(c)(3) organization based in Westlake Village, California, registered in 1983, with $19,837 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$20K
▼ 32.3% vs prior year
Expenses (FY2024)
$15K
Net assets
$10K
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 L Ermitage 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 L Ermitage Foundation: 8 mo reserves · +23% 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 L Ermitage 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 L Ermitage Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $48K (FY2014) to $20K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
23.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$10K
Total liabilities
$0
Net assets
$10K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $19,837▼32.3% | $15,193▼57.3% | $10,301▲82.1% | $10,301▲82.1% | 990EZ |
| 2023 | $29,312▼19.5% | $35,546▲13.3% | $5,657▼52.4% | $5,657▼52.4% | 990EZ |
| 2022 | $36,401▲31.4% | $31,374▼27.0% | $11,891▲73.2% | $11,891▲73.2% | 990EZ |
| 2021 | $27,705▼15.5% | $42,968▲62.0% | $6,864▼69.0% | $6,864▼69.0% | 990EZ |
| 2020 | $32,788▲6.4% | $26,528▲52.4% | $22,127▲39.5% | $22,127▲39.5% | 990EZ |
| 2019 | $30,830▼36.9% | $17,402▼67.3% | $15,867▲551% | $15,867▲551% | 990EZ |
| 2018 | $48,893▲0.5% | $53,264▲15.4% | $2,439▼64.2% | $2,439▼64.2% | 990EZ |
| 2017 | $48,670▲5.7% | $46,175▲1.3% | $6,810▲57.8% | $6,810▲57.8% | 990EZ |
| 2016 | $46,059▼0.2% | $45,575 | $4,315▲12.6% | $4,315▲12.6% | 990EZ |
| 2015 | $46,130▼4.8% | $45,573▼8.0% | $3,831▲17.0% | $3,831▲17.0% | 990EZ |
| 2014 | $48,443 | $49,516 | $3,274 | $3,274 | 990EZ |
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 L Ermitage Foundation (EIN 95-3873924) 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.