David B Waters Charitable Foundation
Only null% goes to programs Strong reserves
David B Waters Charitable Foundation is a 501(c)(3) organization based in Tulsa, Oklahoma, registered in 2017, with $524,436 in FY2024 revenue. CharityIndex grades it D.
Po Box 3, Tulsa, OK, 74101 EIN 81-6856059 Since 2017
Revenue (FY2024)
$524K
▲ 79.1% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$684K
Net assets
$8.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 David B Waters 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 →
DFinancial health25% of the rating148 mo reserves · -30% 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 David B Waters Charitable Foundation: 148 mo reserves · -30% margin earns a D 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 David B Waters 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 David B Waters 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 3, Tulsa, OK, 74101
- City
- Tulsa
- State
- Oklahoma
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $2.8M (FY2017) to $524K (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $8.4M
Operating margin
-30.5%
Spent more than it raised in the latest fiscal year.
Total assets
$8.4M
Total liabilities
$0
Net assets
$8.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $524,436▲79.1% | $684,278▼19.1% | $8,425,229▼1.9% | $8,425,229▼1.9% | 990PF |
| 2023 | $292,883▼38.8% | $846,239▲19.8% | $8,586,795▼6.1% | $8,586,795▼6.1% | 990PF |
| 2022 | $478,568▼21.7% | $706,502▲2.8% | $9,143,519▼2.4% | $9,143,519▼2.4% | 990PF |
| 2021 | $611,139▲222% | $687,415▲2.5% | $9,367,696▼0.9% | $9,367,696▼0.9% | 990PF |
| 2020 | $189,743▼41.0% | $670,778▲0.1% | $9,452,694▼4.8% | $9,452,694▼4.8% | 990PF |
| 2019 | $321,748▲6.4% | $670,428▲23.5% | $9,934,168▼3.4% | $9,934,168▼3.4% | 990PF |
| 2018 | $302,493▼89.3% | $543,059▲533% | $10,282,845▼2.3% | $10,282,845▼2.3% | 990PF |
| 2017 | $2,817,733 | $85,738 | $10,525,311 | $10,525,311 | 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.
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Frequently asked questions
- Is David B Waters Charitable Foundation a legitimate nonprofit?
- Yes. David B Waters Charitable Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 81-6856059, based in Tulsa, Oklahoma. Donations are tax-deductible.
- What is David B Waters Charitable Foundation's EIN?
- David B Waters Charitable Foundation's Employer Identification Number (EIN) is 81-6856059.
- How much revenue does David B Waters Charitable Foundation report?
- David B Waters Charitable Foundation reported $524,436 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does David B Waters Charitable Foundation have?
- CharityIndex grades David B Waters Charitable Foundation D, based on financial health (reserves and operating margin).
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Data for David B Waters Charitable Foundation (EIN 81-6856059) 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.