Frank L Wedge Memorial Fund
501(c)(3)
Only null% goes to programs Strong reserves Declining revenue
Frank L Wedge Memorial Fund is a 501(c)(3) organization based in Milwaukee, Wisconsin, registered in 2009, with $329,574 in FY2024 revenue. CharityIndex grades it C+.
Po Box 634, Milwaukee, WI, 53201 EIN 41-6189525 Since 2009
Revenue (FY2024)
$330K
▲ 117.5% vs prior year
Expenses (FY2024)
$270K
Net assets
$3.8M
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 Frank L Wedge Memorial Fund— 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 rating170 mo reserves · +18% 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 Frank L Wedge Memorial Fund: 170 mo reserves · +18% 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 Frank L Wedge Memorial Fund— 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 Frank L Wedge Memorial Fund: 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 $281K (FY2013) to $330K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $3.8M
Operating margin
18.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.8M
Total liabilities
$0
Net assets
$3.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $329,574▲117% | $269,714▲5.0% | $3,824,303▲1.6% | $3,824,303▲1.6% | 990PF |
| 2023 | $151,557▼6.1% | $256,986▼3.7% | $3,765,704▼2.8% | $3,765,704▼2.8% | 990PF |
| 2022 | $161,377▼71.1% | $266,971▼10.0% | $3,872,499▼2.7% | $3,872,499▼2.7% | 990PF |
| 2021 | $559,056▲341% | $296,565▲24.5% | $3,979,263▲6.7% | $3,979,263▲6.7% | 990PF |
| 2020 | $126,685▼34.7% | $238,273▼12.2% | $3,728,539▼2.6% | $3,728,539▼2.6% | 990PF |
| 2019 | $194,141▼90.6% | $271,344▲1.2% | $3,829,759▼2.0% | $3,829,759▼2.0% | 990PF |
| 2018 | $2,066,262▲971% | $268,141▼5.3% | $3,909,028▲85.0% | $3,909,028▲85.0% | 990PF |
| 2017 | $192,889▼6.0% | $283,130▲19.3% | $2,112,883▼4.1% | $2,112,883▼4.1% | 990PF |
| 2016 | $205,173▲15.4% | $237,334▼11.2% | $2,203,332▼2.2% | $2,203,332▼2.2% | 990PF |
| 2015 | $177,819▼36.8% | $267,190▼2.8% | $2,253,517▼5.7% | $2,253,517▼5.7% | 990PF |
| 2013 | $281,176 | $274,852▲18.2% | $2,388,735▲0.3% | $2,388,735▲0.3% | 990PF |
| 2012 | — | $232,499▼23.3% | $2,382,406▼2.1% | $2,382,406▼2.1% | 990PF |
| 2011 | — | $303,043▲13.1% | $2,432,725▼0.4% | $2,432,725▼0.4% | 990PF |
| 2010 | — | $268,019 | $2,443,507 | $2,443,507 | 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 Frank L Wedge Memorial Fund a legitimate nonprofit?
- Yes. Frank L Wedge Memorial Fund is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 41-6189525, based in Milwaukee, Wisconsin.
- What is Frank L Wedge Memorial Fund's EIN?
- Frank L Wedge Memorial Fund's Employer Identification Number (EIN) is 41-6189525.
- How much revenue does Frank L Wedge Memorial Fund report?
- Frank L Wedge Memorial Fund reported $329,574 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Frank L Wedge Memorial Fund have?
- CharityIndex grades Frank L Wedge Memorial Fund C+, based on financial health (reserves and operating margin).
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Data for Frank L Wedge Memorial Fund (EIN 41-6189525) 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.