Dr Willard E and Ella N Romberg Supporting Foundation is a 501(c)(3) organization based in New Ulm, Minnesota, registered in 2007, with $277,621 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$278K
▲ 99.9% vs prior year
Religion median: $139K
Expenses (FY2024)
$247K
Net assets
$4.5M
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 Dr Willard E and Ella N Romberg Supporting Foundation— 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 Dr Willard E and Ella N Romberg Supporting Foundation: 217 mo reserves · +11% margin earns a B+ 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 Dr Willard E and Ella N Romberg Supporting Foundation— 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 Dr Willard E and Ella N Romberg Supporting Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $111K (FY2013) to $278K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
11.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.7M
Total liabilities
$235K
Net assets
$4.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $277,621▲99.9% | $246,777▲6.2% | $4,466,261▲5.9% | $4,701,327▲5.9% | 990 |
| 2023 | $138,906▼24.8% | $232,345▲10.8% | $4,218,895▲11.8% | $4,440,942▲11.8% | 990 |
| 2022 | $184,833▼66.5% | $209,642▼20.3% | $3,774,548▼20.9% | $3,973,141▼20.9% | 990 |
| 2021 | $551,325▲167% | $263,150▲5.9% | $4,774,401▲5.4% | $5,025,617▲5.4% | 990 |
| 2020 | $206,767▲21.1% | $248,427▲13.3% | $4,528,726▲14.1% | $4,767,080▲14.1% | 990 |
| 2019 | $170,676▼60.5% | $219,183▲17.9% | $3,969,129▲15.4% | $4,178,030▲15.4% | 990 |
| 2018 | $432,296▲19.6% | $185,961▼9.1% | $3,438,433▼10.8% | $3,619,403▼10.8% | 990 |
| 2017 | $361,589▲56.7% | $204,603▲10.0% | $3,853,523▲10.0% | $4,056,340▲10.0% | 990 |
| 2016 | $230,805▲2.7% | $186,063▲2.1% | $3,501,785▲1.9% | $3,686,089▲1.9% | 990 |
| 2015 | $224,653▼21.9% | $182,282▼3.9% | $3,438,125▼3.7% | $3,618,758▼3.7% | 990 |
| 2014 | $287,603▲158% | $189,596▲8.4% | $3,570,902▲7.9% | $3,758,649▲7.9% | 990 |
| 2013 | $111,432 | $174,829▲7.9% | $3,309,532▲8.7% | $3,483,714▲8.7% | 990 |
| 2011 | — | $161,998▲3.1% | $3,044,785▲1.5% | $3,204,666▲1.6% | 990 |
| 2010 | — | $157,085 | $3,000,369 | $3,154,522 | 990 |
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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Data for Dr Willard E and Ella N Romberg Supporting Foundation (EIN 20-4245696) 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.