The Grace & Franklin Bernsen Foundation is a 501(c)(3) organization based in Tulsa, Oklahoma, registered in 1969, with $2,590,761 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$2.6M
▼ 30.0% vs prior year
Expenses (FY2023)
$1.9M
Net assets
$24.6M
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 Grace & Franklin Bernsen 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 Grace & Franklin Bernsen Foundation: 156 mo reserves · +27% margin earns a B+ 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 Grace & Franklin Bernsen 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 Grace & Franklin Bernsen Foundation: 2 of 5 disclosure signals earns a C 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.
Revenue grew from $1.6M (FY2013) to $2.6M (FY2023) across 10 reported years.
Financial snapshot
Operating margin
26.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$24.7M
Total liabilities
$43K
Net assets
$24.6M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $2,590,761▼30.0% | $1,893,183▲17.2% | $24,607,074▲2.4% | $24,650,429▲2.2% | 990PF |
| 2022 | $3,700,444▲81.5% | $1,615,221▼5.7% | $24,035,996▲9.6% | $24,115,996▲9.9% | 990PF |
| 2021 | $2,038,416▲52.5% | $1,712,488▼8.2% | $21,937,084▲1.1% | $21,937,084▲1.1% | 990PF |
| 2019 | $1,336,381▼13.5% | $1,865,389▼2.4% | $21,707,178▼2.7% | $21,707,178▼2.7% | 990PF |
| 2018 | $1,544,422▼1.4% | $1,911,684▲11.6% | $22,318,062▼6.2% | $22,318,062▼6.2% | 990PF |
| 2017 | $1,566,076▲119% | $1,713,108▼9.5% | $23,803,607▼9.6% | $23,803,607▼9.6% | 990PF |
| 2016 | $716,336▼2.9% | $1,893,378▼1.6% | $26,327,391▼3.3% | $26,327,391▼3.3% | 990PF |
| 2015 | $737,935▼31.2% | $1,924,364▲0.1% | $27,233,602▼5.3% | $27,233,602▼5.3% | 990PF |
| 2014 | $1,072,488▼32.1% | $1,922,756▼10.8% | $28,744,170▲19.6% | $28,745,864▲19.7% | 990PF |
| 2013 | $1,579,828 | $2,156,763▲7.5% | $24,023,882▼2.3% | $24,023,882▼2.3% | 990PF |
| 2012 | — | $2,005,367▲19.1% | $24,596,074▼4.3% | $24,596,074▼4.3% | 990PF |
| 2010 | — | $1,683,341▲6.4% | $25,701,928▲0.1% | $25,701,928▲0.1% | 990PF |
| 2009 | — | $1,581,849 | $25,680,923 | $25,680,923 | 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.
Explore more
Data for The Grace & Franklin Bernsen Foundation (EIN 23-7009414) 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.