Lance & Janiece Gad Foundation Inc is a 501(c)(3) organization based in Singer Island, Florida, registered in 1988, with $49,140 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$49K
▲ 39.2% vs prior year
Expenses (FY2023)
$18K
Net assets
$1.0M
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 Lance & Janiece Gad Foundation Inc— 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 Lance & Janiece Gad Foundation Inc: 667 mo reserves · +63% 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 Lance & Janiece Gad Foundation Inc— 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 Lance & Janiece Gad Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $21K (FY2017) to $49K (FY2023) across 7 reported years.
Financial snapshot
Operating margin
63.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.0M
Total liabilities
$0
Net assets
$1.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $49,140▲39.2% | $18,026▼20.1% | $1,002,532▲3.2% | $1,002,532▲3.2% | 990PF |
| 2022 | $35,313▼78.4% | $22,553▼50.5% | $971,418▲1.3% | $971,418▲1.3% | 990PF |
| 2021 | $163,627▲30.9% | $45,600▲34.8% | $958,658▲43.1% | $958,658▲43.1% | 990PF |
| 2020 | $124,961▲337% | $33,822▲114% | $669,711▲19.1% | $669,711▲19.1% | 990PF |
| 2019 | $28,621▲101% | $15,792▼30.1% | $562,444▲13.8% | $562,444▲13.8% | 990PF |
| 2018 | $14,220▼30.9% | $22,600▲17.0% | $494,439▼1.7% | $494,439▼1.7% | 990PF |
| 2017 | $20,574 | $19,322 | $502,819 | $502,819 | 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 Lance & Janiece Gad Foundation Inc (EIN 13-3452161) 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.