Melvin & Estelle Gelman Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Melvin & Estelle Gelman Foundation Inc is a 501(c)(3) organization based in Washington, District of Columbia, registered in 1957, with $552,454 in FY2024 revenue. CharityIndex grades it B.
2120 L St Nw Ste 800, Washington, DC, 20037 EIN 52-6042344 Since 1957
Revenue (FY2024)
$552K
▲ 8.6% vs prior year
Expenses (FY2024)
$395K
Net assets
$2.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—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 Melvin & Estelle Gelman 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 →
B+Financial health25% of the rating61 mo reserves · +28% 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 Melvin & Estelle Gelman Foundation Inc: 61 mo reserves · +28% margin earns a B+ 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 Melvin & Estelle Gelman 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 →
CTransparency10% of the rating2 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 Melvin & Estelle Gelman Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 2120 L St Nw Ste 800, Washington, DC, 20037
- City
- Washington
- State
- District of Columbia
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $841 (FY2014) to $552K (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $2.0M
Operating margin
28.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.0M
Total liabilities
$0
Net assets
$2.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $552,454▲8.6% | $395,430▼10.3% | $2,014,980▲8.5% | $2,014,980▲7.8% | 990PF |
| 2023 | $508,584▲70.5% | $440,841▲146% | $1,857,956▼16.9% | $1,868,933▼16.4% | 990PF |
| 2022 | $298,340▲204% | $178,910▼52.9% | $2,234,554▲23.7% | $2,234,554▲23.7% | 990PF |
| 2021 | $98,256▼62.2% | $380,111▲4.1% | $1,806,735▼3.2% | $1,806,735▼10.6% | 990PF |
| 2020 | $259,857▲182% | $364,997▼9.6% | $1,865,707▼5.3% | $2,022,071▲2.6% | 990PF |
| 2019 | $92,065▼16.8% | $403,550▼26.1% | $1,970,847▼13.7% | $1,970,847▼13.7% | 990PF |
| 2018 | $110,607▲120% | $546,427▼13.8% | $2,283,837▼16.0% | $2,283,837▼17.8% | 990PF |
| 2017 | $50,323▼12.4% | $634,080▲22.0% | $2,719,847▼17.7% | $2,778,313▼16.1% | 990PF |
| 2016 | $57,434▲6729% | $519,732▼45.5% | $3,306,362▼15.0% | $3,312,342▼14.9% | 990PF |
| 2014 | $841 | $952,886▲4890% | $3,890,809▼21.1% | $3,890,809▼21.1% | 990PF |
| 2009 | — | $19,094 | $4,929,994 | $4,933,774 | 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.
Frequently asked questions
- Is Melvin & Estelle Gelman Foundation Inc a legitimate nonprofit?
- Yes. Melvin & Estelle Gelman Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 52-6042344, based in Washington, District of Columbia. Donations are tax-deductible.
- What is Melvin & Estelle Gelman Foundation Inc's EIN?
- Melvin & Estelle Gelman Foundation Inc's Employer Identification Number (EIN) is 52-6042344.
- How much revenue does Melvin & Estelle Gelman Foundation Inc report?
- Melvin & Estelle Gelman Foundation Inc reported $552,454 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Melvin & Estelle Gelman Foundation Inc have?
- CharityIndex grades Melvin & Estelle Gelman Foundation Inc B, based on financial health (reserves and operating margin).
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Data for Melvin & Estelle Gelman Foundation Inc (EIN 52-6042344) 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.