The Frank B Stewart Jr Foundation is a 501(c)(3) organization based in New Orleans, Louisiana, registered in 1993, with $120,229 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$120K
▲ 1241.5% vs prior year
Expenses (FY2024)
$233K
Net assets
$32K
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 The Frank B Stewart Jr 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 The Frank B Stewart Jr Foundation: 2 mo reserves · -94% 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 The Frank B Stewart Jr 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 The Frank B Stewart Jr Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $331K (FY2018) to $120K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
-94.2%
Spent more than it raised in the latest fiscal year.
Total assets
$82K
Total liabilities
$50K
Net assets
$32K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $120,229▲1242% | $233,478▼49.8% | $31,729▼76.5% | $81,729▼55.8% | 990 |
| 2023 | $8,962▼71.9% | $464,986▲125% | $135,031▼74.4% | $185,031▼70.6% | 990 |
| 2022 | $31,899▼46.5% | $206,333▼38.8% | $528,396▼38.1% | $628,396▼38.9% | 990 |
| 2021 | $59,582▲32.3% | $337,134▼6.3% | $854,105▼15.8% | $1,029,105▼21.7% | 990 |
| 2020 | $45,030▼70.4% | $359,785▲7.3% | $1,013,829▼19.8% | $1,313,829▼47.4% | 990 |
| 2019 | $151,984▼54.1% | $335,462▲755% | $1,264,294▲27.5% | $2,499,557▼46.8% | 990 |
| 2018 | $331,089 | $39,232 | $991,788 | $4,700,121 | 990 |
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 The Frank B Stewart Jr Foundation (EIN 72-1247958) 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.