Mildred K Gertner Charitable Foundation
Only null% goes to programs Strong reserves Declining revenue
Mildred K Gertner Charitable Foundation is a 501(c)(3) organization based in Houston, Texas, registered in 1995, with -$35,526 in FY2023 revenue. CharityIndex grades it F.
150 Gessner Rd Unit 9d, Houston, TX, 77024 EIN 65-0510581 Since 1995
Revenue (FY2023)
-$36K
▼ 744.9% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$7,005
Net assets
$155K
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 Mildred K Gertner Charitable Foundation— 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 rating265 mo reserves · -120% 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 Mildred K Gertner Charitable Foundation: 265 mo reserves · -120% 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 Mildred K Gertner Charitable Foundation— 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 Mildred K Gertner Charitable Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 150 Gessner Rd Unit 9d, Houston, TX, 77024
- City
- Houston
- State
- Texas
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $11K (FY2019) to -$36K (FY2023) across 5 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $4,599Net assets $155K
Operating margin
-119.7%
Spent more than it raised in the latest fiscal year.
Total assets
$160K
Total liabilities
$4,599
Net assets
$155K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | -$35,526▼745% | $7,005▲189% | $154,947▼21.7% | $159,546▼19.7% | 990PF |
| 2022 | $5,509▲140% | $2,427▼65.5% | $197,825▲1.7% | $198,676▲1.7% | 990PF |
| 2021 | $2,292▼74.7% | $7,027▲66.4% | $194,566▼3.6% | $195,417▼3.2% | 990PF |
| 2020 | $9,076▼20.1% | $4,224▼71.7% | $201,804▲2.6% | $201,804▲2.6% | 990PF |
| 2019 | $11,355 | $14,914 | $196,622 | $196,622 | 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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Frequently asked questions
- Is Mildred K Gertner Charitable Foundation a legitimate nonprofit?
- Yes. Mildred K Gertner Charitable Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 65-0510581, based in Houston, Texas. Donations are tax-deductible.
- What is Mildred K Gertner Charitable Foundation's EIN?
- Mildred K Gertner Charitable Foundation's Employer Identification Number (EIN) is 65-0510581.
- How much revenue does Mildred K Gertner Charitable Foundation report?
- Mildred K Gertner Charitable Foundation reported -$35,526 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Mildred K Gertner Charitable Foundation have?
- CharityIndex grades Mildred K Gertner Charitable Foundation F, based on financial health (reserves and operating margin).
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Data for Mildred K Gertner Charitable Foundation (EIN 65-0510581) 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.