The Horace G Fralin Charitable Trust
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
The Horace G Fralin Charitable Trust is a 501(c)(3) organization based in Roanoke, Virginia, registered in 1989, with $4,753,263 in FY2024 revenue. CharityIndex grades it C+.
Po Box 29600, Roanoke, VA, 24018 EIN 54-1509505 Since 1989
Revenue (FY2024)
$4.8M
▲ 279.8% vs prior year
Expenses (FY2024)
$3.8M
Net assets
$43.7M
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 Horace G Fralin 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 rating137 mo reserves · +20% 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 Horace G Fralin Charitable Trust: 137 mo reserves · +20% 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 Horace G Fralin 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 Horace G Fralin Charitable Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from -$600K (FY2020) to $4.8M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $43.7M
Operating margin
19.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$43.7M
Total liabilities
$0
Net assets
$43.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $4,753,263▲280% | $3,822,241▼17.4% | $43,668,328▲26.8% | $43,668,328▲26.8% | 990PF |
| 2023 | $1,251,575▼42.9% | $4,627,073▲147% | $34,444,054▼9.2% | $34,444,054▼9.2% | 990PF |
| 2022 | $2,191,116▼56.8% | $1,876,788▼65.9% | $37,934,498▲0.6% | $37,934,498▲0.6% | 990PF |
| 2021 | $5,066,202▲945% | $5,511,517▲264% | $37,718,287▼1.2% | $37,719,059▼1.2% | 990PF |
| 2020 | -$599,640 | $1,515,189 | $38,191,861 | $38,192,633 | 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.
Frequently asked questions
- Is The Horace G Fralin Charitable Trust a legitimate nonprofit?
- Yes. The Horace G Fralin Charitable Trust is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 54-1509505, based in Roanoke, Virginia. Donations are tax-deductible.
- What is The Horace G Fralin Charitable Trust's EIN?
- The Horace G Fralin Charitable Trust's Employer Identification Number (EIN) is 54-1509505.
- How much revenue does The Horace G Fralin Charitable Trust report?
- The Horace G Fralin Charitable Trust reported $4,753,263 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does The Horace G Fralin Charitable Trust have?
- CharityIndex grades The Horace G Fralin Charitable Trust C+, based on financial health (reserves and operating margin).
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Data for The Horace G Fralin Charitable Trust (EIN 54-1509505) 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.