The George L Shields Foundation Inc is a 501(c)(3) organization based in Bethesda, Maryland, registered in 1995, with $2,012,186 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$2.0M
▲ 1.7% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$2.5M
Net assets
$25.0M
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 George L Shields Foundation Inc— 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 George L Shields Foundation Inc: 118 mo reserves · -27% margin earns a D 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 George L Shields Foundation Inc— 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 George L Shields Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $2.4M (FY2013) to $2.0M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-26.6%
Spent more than it raised in the latest fiscal year.
Total assets
$25.0M
Total liabilities
$0
Net assets
$25.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,012,186▲1.7% | $2,547,329▲0.9% | $24,965,545▼2.1% | $24,965,545▼2.1% | 990PF |
| 2023 | $1,979,190▲2.3% | $2,524,933▲2.7% | $25,500,688▼2.1% | $25,501,486▼2.1% | 990PF |
| 2022 | $1,934,348▼37.3% | $2,458,337▲6.8% | $26,046,431▼2.0% | $26,046,431▼2.0% | 990PF |
| 2021 | $3,083,701▲128% | $2,301,301▼4.2% | $26,570,420▲3.0% | $26,570,420▲3.0% | 990PF |
| 2020 | $1,354,785▼33.7% | $2,403,148▼0.4% | $25,788,020▼3.9% | $25,788,020▼3.9% | 990PF |
| 2019 | $2,043,421▼30.1% | $2,413,181▼0.3% | $26,836,383▼1.4% | $26,836,383▼1.4% | 990PF |
| 2018 | $2,921,441▲61.3% | $2,419,753▲14.3% | $27,206,143▲1.9% | $27,206,143▲1.9% | 990PF |
| 2017 | $1,811,536▲25.7% | $2,117,415▲3.8% | $26,704,455▼1.1% | $26,704,455▼1.1% | 990PF |
| 2016 | $1,440,910▼32.8% | $2,039,986▼8.8% | $27,010,334▼2.2% | $27,010,334▼2.2% | 990PF |
| 2015 | $2,143,012▼21.2% | $2,237,276▲4.1% | $27,609,410▼0.3% | $27,609,410▼0.3% | 990PF |
| 2014 | $2,720,264▲13.3% | $2,148,446▲7.5% | $27,703,674▲1.7% | $27,703,674▲1.7% | 990PF |
| 2013 | $2,401,568 | $1,998,060▲2.6% | $27,245,566▲1.5% | $27,245,566▲1.5% | 990PF |
| 2012 | — | $1,946,524 | $26,842,058 | $26,842,058 | 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 The George L Shields Foundation Inc (EIN 52-1851638) 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.