Michael E Gellert Trust
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Michael E Gellert Trust is a 501(c)(3) organization based in New York, New York, registered in 1964, with $257,766 in FY2024 revenue. CharityIndex grades it F.
420 Lexington Ave Rm 805, New York, NY, 10170 EIN 13-6093842 Since 1964
Revenue (FY2024)
$258K
▼ 20.7% vs prior year
Expenses (FY2024)
$590K
Net assets
$6.5M
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 Michael E Gellert Trust— 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 rating132 mo reserves · -129% 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 Michael E Gellert Trust: 132 mo reserves · -129% 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 Michael E Gellert Trust— 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 Michael E Gellert Trust: 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
Financial trends
Revenue grew from $100K (FY2013) to $258K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $6.5M
Operating margin
-129.1%
Spent more than it raised in the latest fiscal year.
Total assets
$6.5M
Total liabilities
$0
Net assets
$6.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $257,766▼20.7% | $590,498▲43.3% | $6,473,363▼4.9% | $6,473,363▼4.9% | 990PF |
| 2023 | $324,943▲126% | $412,152▼43.6% | $6,806,095▼1.3% | $6,806,095▼1.3% | 990PF |
| 2022 | $143,795▼97.4% | $730,181▼34.1% | $6,893,304▼7.8% | $6,893,304▼7.8% | 990PF |
| 2021 | $5,528,178▲157% | $1,107,517▼13.0% | $7,479,690▲145% | $7,479,690▲145% | 990PF |
| 2020 | $2,150,175▲33575% | $1,272,723▲122% | $3,059,029▲40.2% | $3,059,029▲40.2% | 990PF |
| 2019 | $6,385▼79.3% | $574,017▼50.2% | $2,181,577▼20.6% | $2,181,577▼20.6% | 990PF |
| 2018 | $30,911▲143% | $1,152,929▲4.2% | $2,749,209▼29.0% | $2,749,209▼29.0% | 990PF |
| 2017 | $12,703▲100% | $1,106,731▼39.7% | $3,871,227▼22.0% | $3,871,227▼22.0% | 990PF |
| 2016 | -$4,359,731▼16498% | $1,836,252▼9.4% | $4,965,255▼55.5% | $4,965,255▼55.5% | 990PF |
| 2015 | -$26,266▼126% | $2,026,115▼19.9% | $11,162,780▼28.7% | $11,162,780▼28.7% | 990PF |
| 2013 | $99,735 | $2,529,769 | $15,648,076 | $15,648,076 | 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 Michael E Gellert Trust a legitimate nonprofit?
- Yes. Michael E Gellert Trust is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-6093842, based in New York, New York. Donations are tax-deductible.
- What is Michael E Gellert Trust's EIN?
- Michael E Gellert Trust's Employer Identification Number (EIN) is 13-6093842.
- How much revenue does Michael E Gellert Trust report?
- Michael E Gellert Trust reported $257,766 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Michael E Gellert Trust have?
- CharityIndex grades Michael E Gellert Trust F, based on financial health (reserves and operating margin).
More nonprofits in New York
Explore more
Data for Michael E Gellert Trust (EIN 13-6093842) 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.