Raymond A and Florence D Erlandson Foundation is a 501(c)(3) organization based in Cherokee, Iowa, registered in 1997, with $174,337 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$174K
▲ 5.0% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$135K
Net assets
$3.2M
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 Raymond A and Florence D Erlandson Foundation— 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 Raymond A and Florence D Erlandson Foundation: 281 mo reserves · +23% margin earns a B+ 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 Raymond A and Florence D Erlandson Foundation— 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 Raymond A and Florence D Erlandson Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $231K (FY2013) to $174K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
22.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.2M
Total liabilities
$0
Net assets
$3.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $174,337▲5.0% | $134,628▲59.9% | $3,158,032▲5.7% | $3,158,032▲5.7% | 990PF |
| 2023 | $166,057▼29.2% | $84,192▼59.1% | $2,986,682▲3.2% | $2,986,682▲3.2% | 990PF |
| 2022 | $234,401▼5.8% | $205,699▼49.2% | $2,893,217▼4.7% | $2,893,217▼4.7% | 990PF |
| 2021 | $248,839▲30.7% | $405,097▲83.9% | $3,036,866▲0.8% | $3,036,866▲0.8% | 990PF |
| 2020 | $190,409▼3.1% | $220,246▲79.7% | $3,012,206▼4.3% | $3,012,206▼4.3% | 990PF |
| 2019 | $196,551▼45.8% | $122,594▼40.3% | $3,148,134▲7.9% | $3,148,134▲7.9% | 990PF |
| 2018 | $362,426▲53.1% | $205,514▲4.4% | $2,916,985▼7.3% | $2,916,985▼7.3% | 990PF |
| 2017 | $236,696▼1.1% | $196,839▲21.6% | $3,145,842▲4.9% | $3,145,842▲4.9% | 990PF |
| 2016 | $239,255▼1.3% | $161,813▲0.3% | $2,999,433▲4.6% | $2,999,433▲4.6% | 990PF |
| 2015 | $242,466▲0.2% | $161,301▲2.4% | $2,866,457▲1.0% | $2,866,457▲1.0% | 990PF |
| 2014 | $241,993▲4.9% | $157,516▲7.7% | $2,837,045▲7.4% | $2,837,045▲7.4% | 990PF |
| 2013 | $230,657 | $146,263 | $2,641,616 | $2,641,616 | 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 Raymond A and Florence D Erlandson Foundation (EIN 84-1423618) 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.