The@thomas and Tracey Gravina Foundation is a 501(c)(3) organization based in West Palm Beach, Florida, registered in 2014, with $447,369 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$447K
▼ 13.4% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$747K
Net assets
$5.4M
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@thomas and Tracey Gravina 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@thomas and Tracey Gravina Foundation: 87 mo reserves · -67% 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@thomas and Tracey Gravina 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@thomas and Tracey Gravina Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $798K (FY2015) to $447K (FY2024) across 10 reported years.
Financial snapshot
Operating margin
-67.0%
Spent more than it raised in the latest fiscal year.
Total assets
$5.4M
Total liabilities
$0
Net assets
$5.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $447,369▼13.4% | $747,155▼1.6% | $5,430,481▼5.2% | $5,430,481▼5.2% | 990PF |
| 2023 | $516,529▲174% | $758,975▲35.8% | $5,730,267▼4.1% | $5,730,267▼4.1% | 990PF |
| 2022 | $188,454▼70.3% | $558,759▲28.4% | $5,972,713▼5.8% | $5,972,713▼5.9% | 990PF |
| 2021 | $635,259▲201% | $435,227▲2.0% | $6,343,018▲3.0% | $6,346,168▲3.1% | 990PF |
| 2020 | -$630,023▼344% | $426,751▲8.1% | $6,156,330▼14.7% | $6,156,330▼14.7% | 990PF |
| 2019 | $258,184▼3.2% | $394,791▼5.8% | $7,213,104▼1.9% | $7,213,104▼1.9% | 990PF |
| 2018 | $266,718▲19.8% | $419,234▲255% | $7,349,711▼2.0% | $7,349,711▼2.0% | 990PF |
| 2017 | $222,574▼96.3% | $118,026▲4.2% | $7,502,227▲1.4% | $7,502,227▲1.4% | 990PF |
| 2016 | $5,951,216▲646% | $113,312▲46.1% | $7,397,679▲374% | $7,397,679▲374% | 990PF |
| 2015 | $797,752 | $77,560 | $1,559,775 | $1,559,775 | 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@thomas and Tracey Gravina Foundation (EIN 38-7118714) 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.