Owen T & Alice M Gorman Test Charitable Tr Uw Alice M Gorman is a 501(c)(3) organization based in Oneida, New York, registered in 2003, with $739,683 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$740K
▲ 19.9% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$1.7M
Net assets
$11.5M
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 Owen T & Alice M Gorman Test Charitable Tr Uw Alice M Gorman— 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 Owen T & Alice M Gorman Test Charitable Tr Uw Alice M Gorman: 79 mo reserves · -136% margin earns a F 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 Owen T & Alice M Gorman Test Charitable Tr Uw Alice M Gorman— 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 Owen T & Alice M Gorman Test Charitable Tr Uw Alice M Gorman: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $851K (FY2018) to $740K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
-136.1%
Spent more than it raised in the latest fiscal year.
Total assets
$12.2M
Total liabilities
$679K
Net assets
$11.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $739,683▲19.9% | $1,746,067▲9.3% | $11,521,422▼2.0% | $12,200,742▼6.2% | 990PF |
| 2023 | $616,916▲7.1% | $1,597,978▼16.5% | $11,757,837▼0.2% | $13,013,917▼1.8% | 990PF |
| 2022 | $575,995▼68.3% | $1,913,472▲18.9% | $11,781,372▼20.6% | $13,255,337▼20.0% | 990PF |
| 2021 | $1,814,613▲24.4% | $1,609,567▲7.7% | $14,845,366▲3.3% | $16,567,721▲3.9% | 990PF |
| 2020 | $1,458,486▲31.6% | $1,494,781▼19.2% | $14,369,463▲8.7% | $15,938,832▲4.5% | 990PF |
| 2019 | $1,108,670▲30.3% | $1,848,932▲23.2% | $13,222,875▲1.5% | $15,246,003▲4.5% | 990PF |
| 2018 | $850,750 | $1,500,378 | $13,023,030 | $14,593,342 | 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 Owen T & Alice M Gorman Test Charitable Tr Uw Alice M Gorman (EIN 22-6927092) 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.