Donald W Wallace and Erika R Wallace Family Foundation Inc is a 501(c)(3) organization based in Thonotosassa, Florida, registered in 2014, with $27,355 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$27K
▲ 203.6% vs prior year
Public Benefit median: $140K
Expenses (FY2024)
$48K
Net assets
$301K
Employees
—
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 Donald W Wallace and Erika R Wallace Family 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 →
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 Donald W Wallace and Erika R Wallace Family Foundation Inc: 75 mo reserves · -75% margin earns a F on this criterion. See the exact thresholds →
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 Donald W Wallace and Erika R Wallace Family 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 →
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 Donald W Wallace and Erika R Wallace Family Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue declined from $62K (FY2015) to $27K (FY2024) across 10 reported years.
Financial snapshot
Operating margin
-75.2%
Spent more than it raised in the latest fiscal year.
Total assets
$301K
Total liabilities
$0
Net assets
$301K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $27,355▲204% | $47,928▼33.5% | $300,960▲5.6% | $300,960▲5.6% | 990PF |
| 2023 | $9,010▲107% | $72,077▲61.8% | $284,869▼2.8% | $284,879▼2.8% | 990PF |
| 2022 | $4,347▼97.0% | $44,557▲111% | $292,927▼30.5% | $292,937▼30.7% | 990PF |
| 2021 | $143,467▲300% | $21,132▲783% | $421,706▲50.6% | $422,706▲51.0% | 990PF |
| 2020 | -$71,694▼550% | $2,394▼96.0% | $279,932▼10.0% | $279,932▼10.0% | 990PF |
| 2019 | $15,930▼18.9% | $59,709▲3618% | $311,015▼9.3% | $311,015▼9.3% | 990PF |
| 2018 | $19,634▲563% | $1,606▼96.9% | $342,870▼6.4% | $342,870▼6.4% | 990PF |
| 2017 | $2,963▲225% | $51,020▲4.0% | $366,228▼10.3% | $366,228▼10.3% | 990PF |
| 2016 | -$2,364▼104% | $49,051▼73.6% | $408,146▼13.5% | $408,146▼13.5% | 990PF |
| 2015 | $62,119 | $185,841 | $471,942 | $471,942 | 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.
Explore more
Data for Donald W Wallace and Erika R Wallace Family Foundation Inc (EIN 46-3104585) 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.