David W Henderman Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
David W Henderman Foundation Inc is a 501(c)(3) organization based in Louisville, Kentucky, registered in 1971, with $128,222 in FY2024 revenue. CharityIndex grades it C.
604 Flat Rock Rd, Louisville, KY, 40245 EIN 23-7109635 Since 1971
Revenue (FY2024)
$128K
▼ 11.0% vs prior year
Expenses (FY2024)
$151K
Net assets
$1.9M
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 W Henderman 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 →
C+Financial health25% of the rating148 mo reserves · -18% 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 W Henderman Foundation Inc: 148 mo reserves · -18% margin earns a C+ 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 W Henderman 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 David W Henderman Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 604 Flat Rock Rd, Louisville, KY, 40245
- City
- Louisville
- State
- Kentucky
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $177K (FY2015) to $128K (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.9M
Operating margin
-18.1%
Spent more than it raised in the latest fiscal year.
Total assets
$1.9M
Total liabilities
$0
Net assets
$1.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $128,222▼11.0% | $151,421▲8.1% | $1,861,693▼1.2% | $1,861,693▼1.2% | 990PF |
| 2023 | $144,132▲18.1% | $140,043▼23.9% | $1,884,892▲0.2% | $1,884,892▲0.2% | 990PF |
| 2022 | $122,051▲99.0% | $183,952▲27.4% | $1,880,803▼3.2% | $1,880,803▼3.2% | 990PF |
| 2021 | $61,337▼21.8% | $144,434▼2.1% | $1,942,704▼4.1% | $1,942,704▼4.1% | 990PF |
| 2020 | $78,433▼15.5% | $147,555▲24.7% | $2,025,801▼3.3% | $2,025,801▼3.8% | 990PF |
| 2019 | $92,834▼44.3% | $118,356▼6.9% | $2,094,923▼1.2% | $2,104,923▼0.7% | 990PF |
| 2018 | $166,530▲226% | $127,091▼9.4% | $2,120,445▲1.9% | $2,120,445▲1.9% | 990PF |
| 2017 | $51,134▼69.0% | $140,200▲57.6% | $2,081,006▼4.1% | $2,081,006▼4.1% | 990PF |
| 2016 | $165,179▼6.9% | $88,961▼20.0% | $2,170,072▼0.8% | $2,170,072▼0.8% | 990PF |
| 2015 | $177,362 | $111,147 | $2,187,651 | $2,187,651 | 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 W Henderman Foundation Inc a legitimate nonprofit?
- Yes. David W Henderman Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-7109635, based in Louisville, Kentucky. Donations are tax-deductible.
- What is David W Henderman Foundation Inc's EIN?
- David W Henderman Foundation Inc's Employer Identification Number (EIN) is 23-7109635.
- How much revenue does David W Henderman Foundation Inc report?
- David W Henderman Foundation Inc reported $128,222 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does David W Henderman Foundation Inc have?
- CharityIndex grades David W Henderman Foundation Inc C, based on financial health (reserves and operating margin).
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Data for David W Henderman Foundation Inc (EIN 23-7109635) 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.