Edwin J Wadas Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Edwin J Wadas Foundation Inc is a 501(c)(3) organization based in Utica, New York, registered in 1990, with $1,087,276 in FY2025 revenue. CharityIndex grades it C+.
120 Lomond Ct, Utica, NY, 13502 EIN 16-1361881 Since 1990
Revenue (FY2025)
$1.1M
▲ 6.9% vs prior year
Expenses (FY2025)
$1.3M
Net assets
$19.6M
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 Edwin J Wadas 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 rating179 mo reserves · -21% 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 Edwin J Wadas Foundation Inc: 179 mo reserves · -21% 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 Edwin J Wadas 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 →
CTransparency10% of the rating2 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 Edwin J Wadas Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $175K (FY2013) to $1.1M (FY2025) across 13 reported years.
Financial snapshot
Financial health & position (FY2025)
Liabilities $1,129Net assets $19.6M
Operating margin
-21.0%
Spent more than it raised in the latest fiscal year.
Total assets
$19.6M
Total liabilities
$1,129
Net assets
$19.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $1,087,276▲6.9% | $1,315,162▲19.3% | $19,572,499▼1.2% | $19,573,628▼1.1% | 990PF |
| 2024 | $1,016,838▼41.6% | $1,102,213▼1.4% | $19,800,385▼0.4% | $19,800,385▼0.4% | 990PF |
| 2023 | $1,740,481▲14836% | $1,117,443▼0.3% | $19,885,760▲3.2% | $19,885,760▲3.2% | 990PF |
| 2022 | $11,653▼98.9% | $1,120,816▲5.2% | $19,262,722▼5.4% | $19,262,722▼5.4% | 990PF |
| 2021 | $1,028,749▼8.0% | $1,065,780▲46.7% | $20,371,885▼0.2% | $20,371,885▼0.2% | 990PF |
| 2020 | $1,118,204▼93.3% | $726,631▲148% | $20,408,916▲2.0% | $20,408,916▲2.0% | 990PF |
| 2019 | $16,761,379▲5461% | $293,094▲9.3% | $20,017,343▲464% | $20,017,343▲464% | 990PF |
| 2018 | $301,425▲49.0% | $268,220▼8.0% | $3,549,058▲0.9% | $3,549,058▲0.9% | 990PF |
| 2017 | $202,234▼43.5% | $291,476▲3.2% | $3,515,853▼2.5% | $3,515,853▼2.5% | 990PF |
| 2016 | $357,692▲73.7% | $282,453▲3.2% | $3,605,095▲2.1% | $3,605,095▲2.1% | 990PF |
| 2015 | $205,923▼71.1% | $273,713▲50.2% | $3,529,856▼1.9% | $3,529,856▼1.9% | 990PF |
| 2014 | $712,772▲307% | $182,176▲28.7% | $3,597,646▲17.3% | $3,597,646▲17.3% | 990PF |
| 2013 | $175,246 | $141,510▲7.4% | $3,067,050▲1.1% | $3,067,050▲1.1% | 990PF |
| 2012 | — | $131,713▲8.3% | $3,033,314▲7.9% | $3,033,314▲7.9% | 990PF |
| 2011 | — | $121,563 | $2,812,267 | $2,812,267 | 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 Edwin J Wadas Foundation Inc a legitimate nonprofit?
- Yes. Edwin J Wadas Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 16-1361881, based in Utica, New York. Donations are tax-deductible.
- What is Edwin J Wadas Foundation Inc's EIN?
- Edwin J Wadas Foundation Inc's Employer Identification Number (EIN) is 16-1361881.
- How much revenue does Edwin J Wadas Foundation Inc report?
- Edwin J Wadas Foundation Inc reported $1,087,276 in total revenue on its fiscal year 2025 IRS Form 990 filing.
- What financial grade does Edwin J Wadas Foundation Inc have?
- CharityIndex grades Edwin J Wadas Foundation Inc C+, based on financial health (reserves and operating margin).
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Data for Edwin J Wadas Foundation Inc (EIN 16-1361881) 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.