Richard & Florence Craddock Gusman Trust
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Richard & Florence Craddock Gusman Trust is a 501(c)(3) organization based in Bay City, Texas, registered in 1989, with $38,461 in FY2024 revenue. CharityIndex grades it C+.
Po Box 911, Bay City, TX, 77404 EIN 74-6333961 Since 1989
Revenue (FY2024)
$38K
▲ 3.7% vs prior year
Expenses (FY2024)
$37K
Net assets
$847K
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 Richard & Florence Craddock Gusman 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 rating273 mo reserves · +3% 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 Richard & Florence Craddock Gusman Trust: 273 mo reserves · +3% 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 Richard & Florence Craddock Gusman 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 Richard & Florence Craddock Gusman 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 $26K (FY2013) to $38K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $847K
Operating margin
3.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$847K
Total liabilities
$0
Net assets
$847K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $38,461▲3.7% | $37,259▲25.8% | $846,951▲0.1% | $846,951▲0.1% | 990PF |
| 2023 | $37,086▼70.5% | $29,620▲18.6% | $845,730▲0.9% | $845,730▲0.9% | 990PF |
| 2022 | $125,799▲1099% | $24,978▲4.5% | $838,217▲13.7% | $838,217▲13.7% | 990PF |
| 2021 | $10,495▼55.5% | $23,896▼6.0% | $737,396▼1.8% | $737,396▼1.8% | 990PF |
| 2020 | $23,571▼8.7% | $25,428▼2.7% | $750,764▼0.3% | $750,764▼0.3% | 990PF |
| 2019 | $25,816▼1.4% | $26,138▲5.2% | $752,703 | $752,703 | 990PF |
| 2018 | $26,184▲4.3% | $24,850▲6.0% | $753,025▲0.2% | $753,025▲0.2% | 990PF |
| 2017 | $25,097▲7.5% | $23,442▲28.9% | $751,691▲0.2% | $751,691▲0.2% | 990PF |
| 2016 | $23,349▲28.9% | $18,193▲5.4% | $750,036▲0.7% | $750,036▲0.7% | 990PF |
| 2015 | $18,118▼2.3% | $17,263▼38.2% | $744,857▲0.1% | $744,857▲0.1% | 990PF |
| 2014 | $18,554▼28.6% | $27,944▲46.0% | $743,897▼1.2% | $743,897▼1.2% | 990PF |
| 2013 | $25,975 | $19,138▼8.0% | $753,113▲0.9% | $753,113▲0.9% | 990PF |
| 2012 | — | $20,803▼12.1% | $746,111▼3.3% | $746,111▼3.3% | 990PF |
| 2011 | — | $23,657 | $771,245 | $771,245 | 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 Richard & Florence Craddock Gusman Trust a legitimate nonprofit?
- Yes. Richard & Florence Craddock Gusman Trust is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 74-6333961, based in Bay City, Texas. Donations are tax-deductible.
- What is Richard & Florence Craddock Gusman Trust's EIN?
- Richard & Florence Craddock Gusman Trust's Employer Identification Number (EIN) is 74-6333961.
- How much revenue does Richard & Florence Craddock Gusman Trust report?
- Richard & Florence Craddock Gusman Trust reported $38,461 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Richard & Florence Craddock Gusman Trust have?
- CharityIndex grades Richard & Florence Craddock Gusman Trust C+, based on financial health (reserves and operating margin).
More nonprofits in Bay City
Explore more
Data for Richard & Florence Craddock Gusman Trust (EIN 74-6333961) 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.