Frances M & E Lester Williams Charitable Trust is a 501(c)(3) organization based in Marshalltown, Iowa, registered in 1984, with $183,429 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$183K
▲ 2.1% vs prior year
Expenses (FY2024)
$181K
Net assets
$1.3M
Employees
—
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 Frances M & E Lester Williams Charitable Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Frances M & E Lester Williams Charitable Trust: 86 mo reserves · +2% margin earns a B+ on this criterion. See the exact thresholds →
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 Frances M & E Lester Williams Charitable Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Frances M & E Lester Williams Charitable Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $114K (FY2013) to $183K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
1.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.3M
Total liabilities
$0
Net assets
$1.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $183,429▲2.1% | $180,522▲34.8% | $1,300,690▲0.2% | $1,300,690▲0.2% | 990 |
| 2023 | $179,695▲35.2% | $133,891▲1.5% | $1,297,783▲3.7% | $1,297,783▲3.7% | 990 |
| 2022 | $132,956▲0.1% | $131,947▲4.7% | $1,251,979▲0.1% | $1,251,979▲0.1% | 990 |
| 2021 | $132,786▲6.2% | $126,074▲0.6% | $1,250,970▲0.5% | $1,250,970▲0.5% | 990 |
| 2020 | $125,076▼0.7% | $125,289▼0.9% | $1,244,258 | $1,244,258 | 990 |
| 2019 | $125,909▼4.1% | $126,459▼11.2% | $1,244,472 | $1,244,472 | 990 |
| 2018 | $131,309▲7.6% | $142,450▲19.5% | $1,245,022▼0.9% | $1,245,022▼0.9% | 990 |
| 2017 | $122,091▲1.6% | $119,217▼0.3% | $1,256,164▲0.2% | $1,256,164▲0.2% | 990 |
| 2016 | $120,131▲0.1% | $119,560▲2.3% | $1,253,290 | $1,253,290 | 990 |
| 2015 | $119,976▲3.1% | $116,920▲4.9% | $1,252,719▲0.2% | $1,252,719▲0.2% | 990 |
| 2014 | $116,352▲1.7% | $111,445▲0.4% | $1,249,663▲0.4% | $1,249,663▲0.4% | 990 |
| 2013 | $114,356 | $111,032▲10.3% | $1,244,756▲0.3% | $1,244,756▲0.3% | 990 |
| 2012 | — | $100,691▲5.0% | $1,241,432▲0.6% | $1,241,432▲0.6% | 990 |
| 2011 | — | $95,921▲7.8% | $1,233,905▲0.4% | $1,233,905▲0.4% | 990 |
| 2010 | — | $88,988 | $1,229,375 | $1,229,375 | 990 |
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.
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Data for Frances M & E Lester Williams Charitable Trust (EIN 42-1235943) 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.