A C & Lillian D Bulla Memorial Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
A C & Lillian D Bulla Memorial Foundation Inc is a 501(c)(3) organization based in Raleigh, North Carolina, registered in 1969, with $105,209 in FY2024 revenue. CharityIndex grades it C+.
228 W Edenton St, Raleigh, NC, 27603 EIN 56-6065232 Since 1969
Revenue (FY2024)
$105K
▲ 42.9% vs prior year
Expenses (FY2024)
$47K
Net assets
$3.8M
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 A C & Lillian D Bulla Memorial 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 rating961 mo reserves · +55% 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 A C & Lillian D Bulla Memorial Foundation Inc: 961 mo reserves · +55% 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 A C & Lillian D Bulla Memorial 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 A C & Lillian D Bulla Memorial Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 228 W Edenton St, Raleigh, NC, 27603
- City
- Raleigh
- State
- North Carolina
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $136K (FY2016) to $105K (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $3.8M
Operating margin
55.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.8M
Total liabilities
$0
Net assets
$3.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $105,209▲42.9% | $47,113▼68.1% | $3,773,117▲6.1% | $3,773,117▲6.1% | 990 |
| 2023 | $73,629▲12.2% | $147,851▲26.7% | $3,554,530▲7.4% | $3,554,530▲7.4% | 990 |
| 2022 | $65,621▼83.9% | $116,690▲526% | $3,310,018▼14.8% | $3,310,018▼14.8% | 990 |
| 2021 | $406,852▲5266% | $18,641▼67.8% | $3,885,097▲11.8% | $3,885,097▲11.8% | 990 |
| 2020 | $7,582▼87.3% | $57,961▼72.9% | $3,476,396▲8.5% | $3,476,396▲8.5% | 990 |
| 2019 | $59,724▼26.7% | $213,646▲841% | $3,204,780▲6.9% | $3,204,780▲6.9% | 990 |
| 2018 | $81,431▼5.1% | $22,693▼46.2% | $2,998,331▼6.3% | $2,998,331▼6.3% | 990 |
| 2017 | $85,827▼36.9% | $42,181▲4.6% | $3,201,321▲10.7% | $3,201,321▲10.7% | 990 |
| 2016 | $136,113 | $40,330 | $2,891,365 | $2,891,365 | 990 |
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 A C & Lillian D Bulla Memorial Foundation Inc a legitimate nonprofit?
- Yes. A C & Lillian D Bulla Memorial Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-6065232, based in Raleigh, North Carolina. Donations are tax-deductible.
- What is A C & Lillian D Bulla Memorial Foundation Inc's EIN?
- A C & Lillian D Bulla Memorial Foundation Inc's Employer Identification Number (EIN) is 56-6065232.
- How much revenue does A C & Lillian D Bulla Memorial Foundation Inc report?
- A C & Lillian D Bulla Memorial Foundation Inc reported $105,209 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does A C & Lillian D Bulla Memorial Foundation Inc have?
- CharityIndex grades A C & Lillian D Bulla Memorial Foundation Inc C+, based on financial health (reserves and operating margin).
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Data for A C & Lillian D Bulla Memorial Foundation Inc (EIN 56-6065232) 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.