Foster-davis Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Foster-davis Foundation Inc is a 501(c)(3) organization based in Wilmington, Delaware, registered in 1966, with $1,295,317 in FY2024 revenue. CharityIndex grades it C+.
Foundation Source 501 Silverside Rd, Wilmington, DE, 19809 EIN 06-0811599 Since 1966
Revenue (FY2024)
$1.3M
▼ 24.9% vs prior year
Expenses (FY2024)
$641K
Net assets
$9.3M
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 Foster-davis 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 →
B+Financial health25% of the rating174 mo reserves · +51% 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 Foster-davis Foundation Inc: 174 mo reserves · +51% 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 Foster-davis 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 →
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 Foster-davis Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Foundation Source 501 Silverside Rd, Wilmington, DE, 19809
- City
- Wilmington
- State
- Delaware
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $461K (FY2020) to $1.3M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $9.3M
Operating margin
50.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$9.3M
Total liabilities
$0
Net assets
$9.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,295,317▼24.9% | $640,873▲25.9% | $9,288,883▲7.6% | $9,288,883▲7.6% | 990PF |
| 2023 | $1,725,861▲76.8% | $509,092▲26.9% | $8,634,439▲16.2% | $8,634,439▲16.2% | 990PF |
| 2022 | $976,106▲147% | $401,132▼38.3% | $7,432,823▲8.3% | $7,432,823▲8.3% | 990PF |
| 2021 | $395,486▼14.1% | $649,936▲28.7% | $6,863,180▼3.6% | $6,863,180▼3.6% | 990PF |
| 2020 | $460,511 | $505,120 | $7,117,594 | $7,117,594 | 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 Foster-davis Foundation Inc a legitimate nonprofit?
- Yes. Foster-davis Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 06-0811599, based in Wilmington, Delaware. Donations are tax-deductible.
- What is Foster-davis Foundation Inc's EIN?
- Foster-davis Foundation Inc's Employer Identification Number (EIN) is 06-0811599.
- How much revenue does Foster-davis Foundation Inc report?
- Foster-davis Foundation Inc reported $1,295,317 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Foster-davis Foundation Inc have?
- CharityIndex grades Foster-davis Foundation Inc C+, based on financial health (reserves and operating margin).
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Data for Foster-davis Foundation Inc (EIN 06-0811599) 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.