David R Hayworth Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
David R Hayworth Foundation is a 501(c)(3) organization based in Winston Salem, North Carolina, registered in 1987, with $2,359,233 in FY2023 revenue. CharityIndex grades it C+.
One West Fourth Street Ste 1200, Winston Salem, NC, 27101 EIN 58-1705607 Since 1987
Revenue (FY2023)
$2.4M
▼ 94.0% vs prior year
Expenses (FY2023)
$919K
Net assets
$43.0M
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 David R Hayworth 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 rating562 mo reserves · +61% 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 R Hayworth Foundation: 562 mo reserves · +61% 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 David R Hayworth 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 R Hayworth Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- One West Fourth Street Ste 1200, Winston Salem, NC, 27101
- City
- Winston Salem
- State
- North Carolina
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $224K (FY2019) to $2.4M (FY2023) across 5 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $43.0M
Operating margin
61.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$43.0M
Total liabilities
$0
Net assets
$43.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $2,359,233▼94.0% | $918,922▲46.4% | $43,010,403▲3.2% | $43,010,403▲3.2% | 990PF |
| 2022 | $39,608,156▲17383% | $627,809▲59.3% | $41,658,116▲1456% | $41,658,116▲1456% | 990PF |
| 2021 | $226,554▼46.6% | $394,013▼2.2% | $2,677,769▼5.9% | $2,677,769▼5.9% | 990PF |
| 2020 | $424,632▲89.4% | $402,978▼6.6% | $2,845,228▲0.8% | $2,845,228▲0.8% | 990PF |
| 2019 | $224,236 | $431,553 | $2,823,574 | $2,823,574 | 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 David R Hayworth Foundation a legitimate nonprofit?
- Yes. David R Hayworth Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 58-1705607, based in Winston Salem, North Carolina. Donations are tax-deductible.
- What is David R Hayworth Foundation's EIN?
- David R Hayworth Foundation's Employer Identification Number (EIN) is 58-1705607.
- How much revenue does David R Hayworth Foundation report?
- David R Hayworth Foundation reported $2,359,233 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does David R Hayworth Foundation have?
- CharityIndex grades David R Hayworth Foundation C+, based on financial health (reserves and operating margin).
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Data for David R Hayworth Foundation (EIN 58-1705607) 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.