Mary R Gallaspy Charitable Trust No One
Only null% goes to programs Strong reserves Growing revenue
Mary R Gallaspy Charitable Trust No One is a 501(c)(3) organization based in Monroe, Louisiana, registered in 2012, with $3,169,230 in FY2024 revenue. CharityIndex grades it D.
Po Box 4196, Monroe, LA, 71211 EIN 45-2904294 Since 2012
Revenue (FY2024)
$3.2M
▼ 21.8% vs prior year
Religion median: $139K
Expenses (FY2024)
$4.3M
Net assets
$3.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 Mary R Gallaspy Charitable Trust No One— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating10 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 Mary R Gallaspy Charitable Trust No One: 10 mo reserves · -35% margin earns a D 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 Mary R Gallaspy Charitable Trust No One— 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 Mary R Gallaspy Charitable Trust No One: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 4196, Monroe, LA, 71211
- City
- Monroe
- State
- Louisiana
- Category
- Religion-Related
- Subcategory
- Support Foundations & Fundraising
Financial trends
Revenue grew from $165K (FY2013) to $3.2M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $16.1MNet assets $3.4M
Operating margin
-35.2%
Spent more than it raised in the latest fiscal year.
Total assets
$19.5M
Total liabilities
$16.1M
Net assets
$3.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,169,230▼21.8% | $4,283,603▼26.9% | $3,441,963 | $19,501,354▲5.8% | 990 |
| 2023 | $4,052,395▲113% | $5,863,836▲43.6% | $3,441,963 | $18,427,177▲22.0% | 990 |
| 2022 | $1,900,743▲219% | $4,082,414▲59.4% | $3,441,964▼56.7% | $15,109,339▼10.3% | 990 |
| 2021 | $596,346▲174% | $2,561,545▲14.7% | $7,949,306▼15.5% | $16,837,410▲1.9% | 990 |
| 2020 | $217,404▼30.4% | $2,233,507▼6.4% | $9,406,690▼10.5% | $16,523,112▲2.0% | 990 |
| 2019 | $312,230▼31.9% | $2,387,007▲5524% | $10,504,900▼8.4% | $16,202,717▲1.9% | 990 |
| 2018 | $458,367▲82.9% | $42,444▼97.5% | $11,462,905▼2.4% | $15,902,631▼4.9% | 990 |
| 2017 | $250,563▲9.0% | $1,722,012▲72.3% | $11,742,018▼8.1% | $16,720,588▼2.7% | 990 |
| 2016 | $229,795▼25.6% | $999,642▲108% | $12,781,151▼4.6% | $17,175,985▼4.0% | 990 |
| 2015 | $309,014▲70.5% | $481,160▼86.9% | $13,396,604▼4.9% | $17,893,011▼9.9% | 990 |
| 2014 | $181,240▲9.5% | $3,662,975▲38.6% | $14,082,676▼19.3% | $19,855,159▼4.3% | 990 |
| 2013 | $165,479 | $2,642,125▲399% | $17,449,858▼11.6% | $20,743,562▼1.9% | 990 |
| 2012 | — | $529,027▼69.5% | $19,735,902▼2.5% | $21,135,731▼3.3% | 990 |
| 2011 | — | $1,734,176 | $20,246,262 | $21,854,474 | 990 |
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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Compare Mary R Gallaspy Charitable Trust No One
Frequently asked questions
- Is Mary R Gallaspy Charitable Trust No One a legitimate nonprofit?
- Yes. Mary R Gallaspy Charitable Trust No One is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 45-2904294, based in Monroe, Louisiana. Donations are tax-deductible.
- What is Mary R Gallaspy Charitable Trust No One's EIN?
- Mary R Gallaspy Charitable Trust No One's Employer Identification Number (EIN) is 45-2904294.
- How much revenue does Mary R Gallaspy Charitable Trust No One report?
- Mary R Gallaspy Charitable Trust No One reported $3,169,230 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Mary R Gallaspy Charitable Trust No One have?
- CharityIndex grades Mary R Gallaspy Charitable Trust No One D, based on financial health (reserves and operating margin).
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Data for Mary R Gallaspy Charitable Trust No One (EIN 45-2904294) 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.