Robert E Elliott Foundation EIN 71-0857002

Robert E Elliott Foundation

EIN  71-0857002 Public foundation / grantmaker Searcy, AR
Form 990 (PDF) Compare with another nonprofit →
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Size
<$100K
What they do
Educates the public, funds research, and supports those affected by depressive illness.
Leadership
Gerald Trammell · President
Money in and out
$51K revenue, $47K expenses
Bottom line
59% program efficiency

Educates the public, funds research, and supports those affected by depressive illness. For fiscal year 2024 it reported $51K in revenue, $47K in expenses, and $18K in net assets.Pt I

Grants paid & assets · FY2024
Total revenue
$51K
Pt VIII · Ln 12
Total expenses
$47K
Pt IX · Ln 25
Net assets
$18K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $4K
Where spending went · Part IX cols B–D
Program services $0.59 Management & general $0.27 Fundraising $0.14
Program efficiency
59%
of spending reaches programs▼ -4% vs prior filing year
Operating runway
4.6mo
months of highly liquid reserves at operating expense rate▲ +15% vs prior filing year
Surplus margin
+7%
revenue over expenses, this year▼ -19% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$51K
FY2024▼ -1%
Expenses
$47K
FY2024▲ +1%
Total assets
$18K
FY2024▲ +19%
Total liabilities
$0
FY2024▼ -100%
Total revenue
$51K
Pt VIII · Ln 12
Total expenses
$47K
Pt IX · Ln 25
Net assets
$18K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$4K
Total assetsPt X · Ln 16$18K
Program-expense ratioPt IX · col B59%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service account for $28K of program spending, described in the organization's own filed words · FY2024.
01

The Foundation provided educational presentations on topics relating to depression, suicide/suicide prevention and mental health issues. The Foundation also provided resources for those in need of help with depressive illness.

$28Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRobert E Elliott Foundation
EINHdr · item D71-0857002
Principal addressHdr · item CSearcy, AR
WebsiteHdr · item Jwww.robertelliottfdn.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MAR
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T30)
Ruling yearIRS BMFMar 2002

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$51K
Investment income$24
Total revenueLn 12$51K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.59 Management & general $0.27 Fundraising $0.14
Program services59%$28K
Management & general27%$13K
Fundraising14%$7K
Total functional expensesLn 25$47K

Balance Sheet

Part X · end of year
CashLn 1$18K
Total assetsLn 16$18K
Total liabilitiesLn 26$0
Total net assetsLn 32$18K
Months of cash on handcomputed4.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $18K · Operating expenses/yr $47K
4.6 months
Where the money goes
Program services
Program services $28K · Total expenses $47K
59%
Management & General
Management & general $13K · Total expenses $47K
27%
Fundraising
Fundraising $7K · Total expenses $47K
14%
Cost to raise $1
Fundraising expense (3-yr avg) $6K · Solicited contributions (3-yr avg) $51K
$0.12 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $51K · Total revenue $51K
100%
Government reliance
Government grants — · Total revenue $51K
Earned-income share
Program service revenue $0 · Total revenue $51K
0%
Investment reliance
Investment income $24 · Total revenue $51K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $47K
0%
Growth & trend
Revenue growth (YoY)
This year $51K · Prior year $51K
-1%
Revenue CAGR
FY2020 $44K · FY2024 $51K
+4%
Net-asset trend (YoY)
End of year $18K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $51K · Expenses $47K
+7%
Liabilities-to-Assets
Total liabilities — · Total assets $18K
Net-asset ratio
Net assets $18K · Total assets $18K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $18K
0%
People & payroll
Highest Reported Total Compensation
Individual Gerald Trammell · Reported title President · Highest reported compensation $0 · Total expenses $47K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $34K · Total expenses $47K
72%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 59%
Overhead ratio 27%
Fundraising cost ratio 13%
Revenue growth -1%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 1%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$51K revenue · viewing · ⤓ 990 PDF
FY2023$51K revenue · ⤓ 990 PDF
FY2022$52K revenue · ⤓ 990 PDF
FY2021$44K revenue · ⤓ 990 PDF
FY2020$44K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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