Floyd L Wray Memorial Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Floyd L Wray Memorial Foundation is a 501(c)(3) organization based in Davie, Florida, registered in 1971, with $60,891 in FY2024 revenue. CharityIndex grades it B.
3750 S Flamingo Rd, Davie, FL, 33330 EIN 23-7112655 Since 1971
Revenue (FY2024)
$61K
▲ 273.1% vs prior year
Expenses (FY2024)
$62K
Net assets
$1.6M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—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 Floyd L Wray Memorial 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 rating313 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 Floyd L Wray Memorial Foundation: 313 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 Floyd L Wray Memorial Foundation— 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 Floyd L Wray Memorial Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $2.1M (FY2013) to $61K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $3,125Net assets $1.6M
Operating margin
-2.0%
Spent more than it raised in the latest fiscal year.
Total assets
$1.6M
Total liabilities
$3,125
Net assets
$1.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $60,891▲273% | $62,122▲16.2% | $1,618,419▼0.1% | $1,621,544▼0.1% | 990PF |
| 2023 | $16,320▼11.1% | $53,454▼24.1% | $1,619,650▼2.2% | $1,623,832▼2.3% | 990PF |
| 2022 | $18,365▲60.6% | $70,462▼23.8% | $1,656,784▼3.0% | $1,661,534▼2.9% | 990PF |
| 2021 | $11,432▲320% | $92,490▼5.1% | $1,708,881▼4.5% | $1,711,446▼4.5% | 990PF |
| 2020 | $2,725▼89.6% | $97,442▲9.3% | $1,789,939▼5.0% | $1,792,074▼4.9% | 990PF |
| 2019 | $26,100▲10.2% | $89,161▼16.6% | $1,884,656▼3.2% | $1,884,656▼3.2% | 990PF |
| 2018 | $23,683▼9.8% | $106,930▼12.9% | $1,947,717▼4.1% | $1,947,717▼4.1% | 990PF |
| 2017 | $26,268▲3474% | $122,748▲18.2% | $2,030,964▼4.5% | $2,030,964▼4.5% | 990PF |
| 2016 | $735▲38.2% | $103,891▼0.1% | $2,127,444▼4.6% | $2,127,444▼4.6% | 990PF |
| 2015 | $532▼73.7% | $104,038▼62.1% | $2,230,600▼4.4% | $2,230,600▼4.4% | 990PF |
| 2014 | $2,024▼99.9% | $274,202▼84.7% | $2,334,106▼10.4% | $2,334,106▼14.6% | 990PF |
| 2013 | $2,074,310 | $1,788,894 | $2,606,309 | $2,732,296 | 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.
Grants received · $14K total
2 grants to Floyd L Wray Memorial Foundation totaling $14K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Servant Foundation | Christian ministry | 2016 | $7,654 |
| Servant Foundation | Christian ministry | 2015 | $6,731 |
Frequently asked questions
- Is Floyd L Wray Memorial Foundation a legitimate nonprofit?
- Yes. Floyd L Wray Memorial Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-7112655, based in Davie, Florida. Donations are tax-deductible.
- What is Floyd L Wray Memorial Foundation's EIN?
- Floyd L Wray Memorial Foundation's Employer Identification Number (EIN) is 23-7112655.
- How much revenue does Floyd L Wray Memorial Foundation report?
- Floyd L Wray Memorial Foundation reported $60,891 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Floyd L Wray Memorial Foundation have?
- CharityIndex grades Floyd L Wray Memorial Foundation B, based on financial health (reserves and operating margin).
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Explore more
Data for Floyd L Wray Memorial Foundation (EIN 23-7112655) 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.