Philanthropy & Grantmaking
(T90)
990 on File
STEVE AND NATALEE HERRIG FAMILY FOUNDATION INC
Financial strength (30%)
68/100
Reliability (20%)
45/100
Effectiveness (25%)
51/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$1.1M
Total Revenue
$4.7M
Total Expenses
$10.7M
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
99.8%
Fundraising Efficiency
N/A
Operating Reserve
27.19x
Liability-to-Asset
0.0%
Revenue Diversification
65.2%
Executive Compensation
$5K
Compared with Peers
FY 2023
Compared with 7,743 similar organizations
(United States, Philanthropy & Grantmaking, $1M–$10M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
99.8% | 91.8% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
27.2 mo | 80.3 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
65.2% | 90.3% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-767.9% | 3.2% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
5.7% | 6.5% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-339.8% | -4.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $1.1M | $4.7M | $10.7M | 99.8% | — |
| 2022 | $-160,856 | $4.5M | $14.4M | 99.9% | — |
| 2021 | $10.3M | $1.3M | $19.0M | 99.7% | — |
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