Foundation For Excellence-walled Lake Schools
Only null% goes to programs Strong reserves Declining revenue
Foundation For Excellence-walled Lake Schools is a 501(c)(3) organization based in Walled Lake, Michigan, registered in 1992, with $123,351 in FY2024 revenue. CharityIndex grades it B.
850 Ladd Rd Bldg D, Walled Lake, MI, 48390 EIN 38-3041277 Since 1992
Revenue (FY2024)
$123K
▲ 15.1% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$103K
Net assets
$441K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—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 Foundation For Excellence-walled Lake Schools— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating51 mo reserves · +16% 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 Foundation For Excellence-walled Lake Schools: 51 mo reserves · +16% margin earns a A 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 Foundation For Excellence-walled Lake Schools— 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 Foundation For Excellence-walled Lake Schools: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 850 Ladd Rd Bldg D, Walled Lake, MI, 48390
- City
- Walled Lake
- State
- Michigan
- Subcategory
- Public Foundations
- Website
- …
Financial trends
Revenue grew from $99K (FY2011) to $123K (FY2024) across 14 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $22KNet assets $441K
Operating margin
16.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$463K
Total liabilities
$22K
Net assets
$441K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $123,351▲15.1% | $103,282▼2.8% | $440,678▲11.0% | $462,665▲7.8% | 990 |
| 2023 | $107,183▼3.8% | $106,221▼23.7% | $396,855▲5.2% | $429,058▲7.9% | 990 |
| 2022 | $111,427▼41.7% | $139,227▲32.8% | $377,184▼4.3% | $397,470▼4.9% | 990 |
| 2021 | $191,060▲13.4% | $104,879▲18.4% | $394,085▲19.9% | $418,057▲9.1% | 990 |
| 2020 | $168,548▲116% | $88,593▼36.4% | $328,759▲46.7% | $383,056▲32.5% | 990EZ |
| 2019 | $78,119▼35.2% | $139,215▲50.9% | $224,096▼20.2% | $289,064▼10.4% | 990EZ |
| 2018 | $120,473▼10.5% | $92,243▼18.0% | $280,658▲15.2% | $322,686▲18.5% | 990EZ |
| 2017 | $134,550▲9.5% | $112,478▼8.6% | $243,609▲13.5% | $272,287▲6.6% | 990EZ |
| 2016 | $122,894▼19.4% | $123,054▲16.2% | $214,624▲4.7% | $255,374▲3.9% | 990EZ |
| 2015 | $152,437▼7.7% | $105,900▼19.4% | $204,930▲31.0% | $245,680▲35.1% | 990EZ |
| 2014 | $165,077▲37.0% | $131,399▲67.8% | $156,459▲6.6% | $181,809▲23.8% | 990 |
| 2013 | $120,484▲68.1% | $78,314▼5.4% | $146,840▲43.7% | $146,840▲43.7% | 990EZ |
| 2012 | $71,676▼27.6% | $82,746▼18.4% | $102,150▼8.3% | $102,150▼8.3% | 990EZ |
| 2011 | $99,010 | $101,443 | $111,356 | $111,356 | 990EZ |
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 · $74K total
4 grants to Foundation For Excellence-walled Lake Schools totaling $74K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Credit Unions Chartered In the State of Michigan | General support | 2023 | $6,000 |
| Credit Unions Chartered In the State of Michigan | General support | 2021 | $5,200 |
| The Rotary Foundation of Rotary International | Econ. and community develop.-humanitarian-daf | 2019 | $7,500 |
| Donor Advised Charitable Giving | Education | 2017 | $55,000 |
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Frequently asked questions
- Is Foundation For Excellence-walled Lake Schools a legitimate nonprofit?
- Yes. Foundation For Excellence-walled Lake Schools is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 38-3041277, based in Walled Lake, Michigan. Donations are tax-deductible.
- What is Foundation For Excellence-walled Lake Schools's EIN?
- Foundation For Excellence-walled Lake Schools's Employer Identification Number (EIN) is 38-3041277.
- How much revenue does Foundation For Excellence-walled Lake Schools report?
- Foundation For Excellence-walled Lake Schools reported $123,351 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Foundation For Excellence-walled Lake Schools have?
- CharityIndex grades Foundation For Excellence-walled Lake Schools B, based on financial health (reserves and operating margin).
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Data for Foundation For Excellence-walled Lake Schools (EIN 38-3041277) 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.