The Gloria K Coon Charitable Trust
Only null% goes to programs Strong reserves Declining revenue
The Gloria K Coon Charitable Trust is a 501(c)(3) organization based in Amarillo, Texas, registered in 2018, with $179,736 in FY2024 revenue. CharityIndex grades it C+.
Po Box 1, Amarillo, TX, 79105 EIN 82-6874792 Since 2018
Revenue (FY2024)
$180K
▲ 20.8% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$158K
Net assets
$2.4M
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 The Gloria K Coon Charitable 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 rating178 mo reserves · +12% 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 The Gloria K Coon Charitable Trust: 178 mo reserves · +12% 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 The Gloria K Coon Charitable 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 The Gloria K Coon Charitable Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 1, Amarillo, TX, 79105
- City
- Amarillo
- State
- Texas
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $109K (FY2020) to $180K (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $2.4M
Operating margin
12.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.4M
Total liabilities
$0
Net assets
$2.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $179,736▲20.8% | $158,250▼8.1% | $2,352,839▲0.9% | $2,352,839▲0.9% | 990PF |
| 2023 | $148,829▲2605% | $172,144▼7.4% | $2,331,353▼1.0% | $2,331,353▼1.0% | 990PF |
| 2022 | $5,502▼98.2% | $185,958▲15.2% | $2,354,668▼7.1% | $2,354,668▼7.1% | 990PF |
| 2021 | $298,733▲174% | $161,455▲9.0% | $2,535,124▲5.7% | $2,535,124▲5.7% | 990PF |
| 2020 | $108,905 | $148,082 | $2,397,846 | $2,397,846 | 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 The Gloria K Coon Charitable Trust a legitimate nonprofit?
- Yes. The Gloria K Coon Charitable Trust is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 82-6874792, based in Amarillo, Texas. Donations are tax-deductible.
- What is The Gloria K Coon Charitable Trust's EIN?
- The Gloria K Coon Charitable Trust's Employer Identification Number (EIN) is 82-6874792.
- How much revenue does The Gloria K Coon Charitable Trust report?
- The Gloria K Coon Charitable Trust reported $179,736 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does The Gloria K Coon Charitable Trust have?
- CharityIndex grades The Gloria K Coon Charitable Trust C+, based on financial health (reserves and operating margin).
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Data for The Gloria K Coon Charitable Trust (EIN 82-6874792) 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.