Sara F Gassman Charitable Foundation
Only null% goes to programs Strong reserves Declining revenue
Sara F Gassman Charitable Foundation is a 501(c)(3) organization based in Clearwater, Florida, registered in 2009, with $2,150 in FY2024 revenue. CharityIndex grades it C+.
1245 Court Street, Clearwater, FL, 33756 EIN 61-1561418 Since 2009
Revenue (FY2024)
$2,150
▼ 78.3% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$50
Net assets
$16K
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 Sara F Gassman 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 →
B+Financial health25% of the rating3927 mo reserves · +98% 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 Sara F Gassman Charitable Foundation: 3927 mo reserves · +98% 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 Sara F Gassman 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 Sara F Gassman Charitable Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1245 Court Street, Clearwater, FL, 33756
- City
- Clearwater
- State
- Florida
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $3,730 (FY2020) to $2,150 (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $16K
Operating margin
97.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$16K
Total liabilities
$0
Net assets
$16K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,150▼78.3% | $50▼95.2% | $16,363▲14.7% | $16,363▲14.7% | 990PF |
| 2023 | $9,917▼19.6% | $1,035▼91.2% | $14,263▲165% | $14,263▲165% | 990PF |
| 2022 | $12,342▼0.9% | $11,768▼51.6% | $5,381▲11.9% | $5,381▲11.9% | 990PF |
| 2021 | $12,455▲234% | $24,301▲204% | $4,807▼71.1% | $4,807▼71.1% | 990PF |
| 2020 | $3,730 | $7,990 | $16,653 | $16,653 | 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 Sara F Gassman Charitable Foundation a legitimate nonprofit?
- Yes. Sara F Gassman Charitable Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 61-1561418, based in Clearwater, Florida. Donations are tax-deductible.
- What is Sara F Gassman Charitable Foundation's EIN?
- Sara F Gassman Charitable Foundation's Employer Identification Number (EIN) is 61-1561418.
- How much revenue does Sara F Gassman Charitable Foundation report?
- Sara F Gassman Charitable Foundation reported $2,150 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Sara F Gassman Charitable Foundation have?
- CharityIndex grades Sara F Gassman Charitable Foundation C+, based on financial health (reserves and operating margin).
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Data for Sara F Gassman Charitable Foundation (EIN 61-1561418) 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.