Rachel B Elgas Trust
501(c)(92)
Only null% goes to programs Strong reserves Declining revenue
Rachel B Elgas Trust is a 501(c)(92) organization based in Dallas, Texas, registered in 1900, with $223,569 in FY2024 revenue. CharityIndex grades it C+.
Po Box 653067, Dallas, TX, 75265 EIN 43-6023718 Since 1900
Revenue (FY2024)
$224K
▲ 154.9% vs prior year
Expenses (FY2024)
$158K
Net assets
$2.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Rachel B Elgas Trust— 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 rating174 mo reserves · +29% 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 Rachel B Elgas Trust: 174 mo reserves · +29% 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 Rachel B Elgas 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 Rachel B Elgas Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $219K (FY2017) to $224K (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $2.3M
Operating margin
29.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.3M
Total liabilities
$0
Net assets
$2.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $223,569▲155% | $158,225▲28.1% | $2,297,133▲3.2% | $2,297,133▲3.2% | 990PF |
| 2023 | $87,709▲353% | $123,488▼47.0% | $2,226,131▼1.0% | $2,226,131▼1.0% | 990PF |
| 2022 | -$34,608▼107% | $232,893▲67.4% | $2,248,834▼10.5% | $2,248,834▼10.5% | 990PF |
| 2021 | $511,840▲213% | $139,123▲30.9% | $2,512,336▲5.9% | $2,512,336▲5.9% | 990PF |
| 2020 | $163,314▼11.0% | $106,294▼29.2% | $2,371,671▲14.5% | $2,371,671▲14.5% | 990PF |
| 2019 | $183,554▲58.1% | $150,187▲22.5% | $2,071,294▼0.5% | $2,071,294▼0.5% | 990PF |
| 2018 | $116,095▼46.9% | $122,604▼7.0% | $2,082,598▼1.5% | $2,082,598▼1.5% | 990PF |
| 2017 | $218,601 | $131,838 | $2,115,247 | $2,115,247 | 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 Rachel B Elgas Trust a legitimate nonprofit?
- Yes. Rachel B Elgas Trust is a 501(c)(92) organization registered with the U.S. Internal Revenue Service under EIN 43-6023718, based in Dallas, Texas.
- What is Rachel B Elgas Trust's EIN?
- Rachel B Elgas Trust's Employer Identification Number (EIN) is 43-6023718.
- How much revenue does Rachel B Elgas Trust report?
- Rachel B Elgas Trust reported $223,569 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Rachel B Elgas Trust have?
- CharityIndex grades Rachel B Elgas Trust C+, based on financial health (reserves and operating margin).
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Data for Rachel B Elgas Trust (EIN 43-6023718) 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.