Bernard E & Edith B Waterman Charitable Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Bernard E & Edith B Waterman Charitable Foundation is a 501(c)(3) organization based in Fort Myers, Florida, registered in 1985, with $2,151,404 in FY2024 revenue. CharityIndex grades it C+.
Po Box 62610, Fort Myers, FL, 33906 EIN 22-3088264 Since 1985
Revenue (FY2024)
$2.2M
▲ 92.0% vs prior year
Expenses (FY2024)
$1.5M
Net assets
$28.4M
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 Bernard E & Edith B Waterman Charitable Foundation— 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 rating234 mo reserves · +32% 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 Bernard E & Edith B Waterman Charitable Foundation: 234 mo reserves · +32% 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 Bernard E & Edith B Waterman Charitable Foundation— 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 Bernard E & Edith B Waterman Charitable Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 62610, Fort Myers, FL, 33906
- City
- Fort Myers
- State
- Florida
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $6.3M (FY2014) to $2.2M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $90KNet assets $28.4M
Operating margin
32.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$28.5M
Total liabilities
$90K
Net assets
$28.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,151,404▲92.0% | $1,458,047▲3.4% | $28,442,762▲2.5% | $28,533,240▲2.6% | 990PF |
| 2023 | $1,120,233▲111% | $1,409,508▼10.2% | $27,749,405▼1.0% | $27,817,527▼1.3% | 990PF |
| 2022 | $530,733▲208% | $1,570,067▼0.7% | $28,038,680▼3.6% | $28,173,488▼3.3% | 990PF |
| 2021 | $172,392▼52.3% | $1,580,896▲6358% | $29,078,014▼4.6% | $29,120,484▼4.6% | 990PF |
| 2020 | $361,491▼63.4% | $24,478▲38.6% | $30,486,518▲1.1% | $30,531,235▲0.9% | 990PF |
| 2019 | $986,667▲4.8% | $17,656▲107% | $30,149,505▲3.3% | $30,268,342▲3.3% | 990PF |
| 2018 | $941,293▼80.6% | $8,547▲265% | $29,180,494▲3.3% | $29,298,690▲3.0% | 990PF |
| 2017 | $4,858,312▲11.3% | $2,339▼76.2% | $28,247,748▲20.8% | $28,435,493▲20.7% | 990PF |
| 2016 | $4,363,451▲103% | $9,842▲14.9% | $23,391,775▲22.9% | $23,563,644▲23.0% | 990PF |
| 2015 | $2,153,906▼65.6% | $8,565▼99.9% | $19,038,166▲12.7% | $19,153,049▲12.5% | 990PF |
| 2014 | $6,270,170 | $12,214,793 | $16,892,825 | $17,027,832 | 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.
Frequently asked questions
- Is Bernard E & Edith B Waterman Charitable Foundation a legitimate nonprofit?
- Yes. Bernard E & Edith B Waterman Charitable Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 22-3088264, based in Fort Myers, Florida. Donations are tax-deductible.
- What is Bernard E & Edith B Waterman Charitable Foundation's EIN?
- Bernard E & Edith B Waterman Charitable Foundation's Employer Identification Number (EIN) is 22-3088264.
- How much revenue does Bernard E & Edith B Waterman Charitable Foundation report?
- Bernard E & Edith B Waterman Charitable Foundation reported $2,151,404 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Bernard E & Edith B Waterman Charitable Foundation have?
- CharityIndex grades Bernard E & Edith B Waterman Charitable Foundation C+, based on financial health (reserves and operating margin).
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Data for Bernard E & Edith B Waterman Charitable Foundation (EIN 22-3088264) 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.