Violet H Greco Foundation Inc
Only null% goes to programs Strong reserves Growing revenue
Violet H Greco Foundation Inc is a 501(c)(3) organization based in Suffolk, Virginia, registered in 1997, with $401,626 in FY2024 revenue. CharityIndex grades it C+.
Po Box 5423, Suffolk, VA, 23435 EIN 54-1859728 Since 1997
Revenue (FY2024)
$402K
▲ 9.5% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$294K
Net assets
$4.4M
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 Violet H Greco 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 →
B+Financial health25% of the rating180 mo reserves · +27% 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 Violet H Greco Foundation Inc: 180 mo reserves · +27% 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 Violet H Greco 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 →
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 Violet H Greco Foundation Inc: 1 of 5 disclosure signals earns a D 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.
Contact & location
- Address
- Po Box 5423, Suffolk, VA, 23435
- City
- Suffolk
- State
- Virginia
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $241K (FY2016) to $402K (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $4.4M
Operating margin
26.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.4M
Total liabilities
$0
Net assets
$4.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $401,626▲9.5% | $294,243▲9.7% | $4,422,274▲2.5% | $4,422,274▲2.5% | 990PF |
| 2023 | $366,899▲190% | $268,136▲14.3% | $4,314,891▲2.3% | $4,314,891▲2.3% | 990PF |
| 2022 | $126,686▼54.3% | $234,603▲11.9% | $4,216,128▼2.5% | $4,216,128▼2.5% | 990PF |
| 2021 | $277,172▲22.5% | $209,572▼13.1% | $4,324,045▲1.6% | $4,324,045▲1.6% | 990PF |
| 2020 | $226,296▼3.9% | $241,150▼5.6% | $4,256,445▼0.3% | $4,256,445▼0.3% | 990PF |
| 2019 | $235,562▲5.2% | $255,507▲2.5% | $4,271,299▼0.5% | $4,271,299▼0.5% | 990PF |
| 2018 | $224,019▼21.8% | $249,313▼1.1% | $4,291,244▼0.6% | $4,291,244▼0.6% | 990PF |
| 2017 | $286,398▲18.6% | $252,182▲3.7% | $4,316,538▲0.8% | $4,316,538▲0.8% | 990PF |
| 2016 | $241,409 | $243,080 | $4,282,322 | $4,282,322 | 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.
Similar organizations in Philanthropy
Compare Violet H Greco Foundation Inc
Frequently asked questions
- Is Violet H Greco Foundation Inc a legitimate nonprofit?
- Yes. Violet H Greco Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 54-1859728, based in Suffolk, Virginia. Donations are tax-deductible.
- What is Violet H Greco Foundation Inc's EIN?
- Violet H Greco Foundation Inc's Employer Identification Number (EIN) is 54-1859728.
- How much revenue does Violet H Greco Foundation Inc report?
- Violet H Greco Foundation Inc reported $401,626 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Violet H Greco Foundation Inc have?
- CharityIndex grades Violet H Greco Foundation Inc C+, based on financial health (reserves and operating margin).
More nonprofits in Suffolk
Explore more
Data for Violet H Greco Foundation Inc (EIN 54-1859728) 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.