Floy L & Paul F Cornelsen Charitable Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Floy L & Paul F Cornelsen Charitable Foundation is a 501(c)(3) organization based in Wildwood, Missouri, registered in 1993, with $477,317 in FY2024 revenue. CharityIndex grades it C+.
2464 Taylor Road Suite 322, Wildwood, MO, 63040 EIN 43-1635732 Since 1993
Revenue (FY2024)
$477K
▼ 28.6% vs prior year
Expenses (FY2024)
$470K
Net assets
$5.7M
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 Floy L & Paul F Cornelsen Charitable 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 rating147 mo reserves · +2% 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 Floy L & Paul F Cornelsen Charitable Foundation: 147 mo reserves · +2% 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 Floy L & Paul F Cornelsen Charitable 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 Floy L & Paul F Cornelsen Charitable Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $270K (FY2015) to $477K (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $5.7M
Operating margin
1.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$5.7M
Total liabilities
$0
Net assets
$5.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $477,317▼28.6% | $469,941▲37.5% | $5,742,571▲0.1% | $5,742,571▲0.1% | 990PF |
| 2023 | $668,710▲201% | $341,898▲1.7% | $5,737,128▲6.0% | $5,737,128▲6.0% | 990PF |
| 2022 | $222,437▲46.6% | $336,177▼9.2% | $5,411,983▼2.2% | $5,411,983▼2.2% | 990PF |
| 2021 | $151,710▼65.1% | $370,215▲39.0% | $5,534,674▼4.0% | $5,534,674▼4.0% | 990PF |
| 2020 | $434,515▲25.2% | $266,292▼19.7% | $5,766,531▲2.9% | $5,766,531▲2.9% | 990PF |
| 2019 | $346,936▲307% | $331,450▼21.4% | $5,603,733▲0.3% | $5,603,733▲0.3% | 990PF |
| 2018 | $85,154▼81.5% | $421,930▼9.1% | $5,588,247▼5.5% | $5,588,247▼5.5% | 990PF |
| 2017 | $461,097▲50.3% | $464,218▼20.7% | $5,916,429▲0.5% | $5,916,429▲0.5% | 990PF |
| 2016 | $306,833▲13.7% | $585,101▲87.1% | $5,884,217▼4.5% | $5,884,217▼4.5% | 990PF |
| 2015 | $269,834 | $312,703 | $6,160,515 | $6,160,515 | 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 Floy L & Paul F Cornelsen Charitable Foundation a legitimate nonprofit?
- Yes. Floy L & Paul F Cornelsen Charitable Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 43-1635732, based in Wildwood, Missouri. Donations are tax-deductible.
- What is Floy L & Paul F Cornelsen Charitable Foundation's EIN?
- Floy L & Paul F Cornelsen Charitable Foundation's Employer Identification Number (EIN) is 43-1635732.
- How much revenue does Floy L & Paul F Cornelsen Charitable Foundation report?
- Floy L & Paul F Cornelsen Charitable Foundation reported $477,317 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Floy L & Paul F Cornelsen Charitable Foundation have?
- CharityIndex grades Floy L & Paul F Cornelsen Charitable Foundation C+, based on financial health (reserves and operating margin).
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Data for Floy L & Paul F Cornelsen Charitable Foundation (EIN 43-1635732) 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.