Frank M Lockwood Trust
501(c)(92)
Only null% goes to programs Strong reserves Declining revenue
Frank M Lockwood Trust is a 501(c)(92) organization based in Walla Walla, Washington, with $138,978 in FY2024 revenue. CharityIndex grades it F.
Po Box 1796, Walla Walla, WA, 99362 EIN 91-6024281
Revenue (FY2024)
$139K
▼ 32.8% vs prior year
Expenses (FY2024)
$212K
Net assets
$1.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 M Lockwood Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating82 mo reserves · -52% 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 M Lockwood Trust: 82 mo reserves · -52% margin earns a F 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 M Lockwood Trust— 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 M Lockwood Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 1796, Walla Walla, WA, 99362
- City
- Walla Walla
- State
- Washington
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $805K (FY2013) to $139K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.5M
Operating margin
-52.4%
Spent more than it raised in the latest fiscal year.
Total assets
$1.5M
Total liabilities
$0
Net assets
$1.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $138,978▼32.8% | $211,802▲18.4% | $1,452,223▼5.5% | $1,452,223▼5.5% | 990PF |
| 2023 | $206,941▲16.4% | $178,847▼17.2% | $1,536,713▲1.9% | $1,536,713▲1.9% | 990PF |
| 2022 | $177,851▼42.3% | $215,905▲7.2% | $1,508,619▼2.5% | $1,508,619▼2.5% | 990PF |
| 2021 | $308,275▲130% | $201,485▼8.8% | $1,546,673▲7.4% | $1,546,673▲7.4% | 990PF |
| 2020 | $134,136▼17.2% | $220,827▲12.8% | $1,439,924▼5.7% | $1,439,924▼5.7% | 990PF |
| 2019 | $162,084▼29.6% | $195,683▼9.0% | $1,526,835▼2.1% | $1,526,835▼2.1% | 990PF |
| 2018 | $230,308▲33.4% | $215,120▲17.0% | $1,560,307▲1.0% | $1,560,307▲1.0% | 990PF |
| 2017 | $172,677▲47.3% | $183,870▲8.1% | $1,545,127▼0.7% | $1,545,127▼0.7% | 990PF |
| 2016 | $117,235▼17.3% | $170,032▲18.4% | $1,556,300▼3.3% | $1,556,300▼3.3% | 990PF |
| 2015 | $141,796▼26.1% | $143,659▲19.4% | $1,609,535▼0.1% | $1,609,535▼0.1% | 990PF |
| 2014 | $191,971▼76.1% | $120,312▼58.5% | $1,610,516▲5.9% | $1,610,516▲5.9% | 990PF |
| 2013 | $804,586 | $289,722▲88.6% | $1,520,837▲49.5% | $1,520,837▲49.5% | 990PF |
| 2012 | — | $153,630▼14.8% | $1,017,121▲13.5% | $1,017,121▲13.5% | 990PF |
| 2011 | — | $180,412▲64.1% | $896,254▲2.5% | $896,254▲2.5% | 990PF |
| 2010 | — | $109,968 | $874,154 | $874,154 | 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 M Lockwood Trust a legitimate nonprofit?
- Yes. Frank M Lockwood Trust is a 501(c)(92) organization registered with the U.S. Internal Revenue Service under EIN 91-6024281, based in Walla Walla, Washington.
- What is Frank M Lockwood Trust's EIN?
- Frank M Lockwood Trust's Employer Identification Number (EIN) is 91-6024281.
- How much revenue does Frank M Lockwood Trust report?
- Frank M Lockwood Trust reported $138,978 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Frank M Lockwood Trust have?
- CharityIndex grades Frank M Lockwood Trust F, based on financial health (reserves and operating margin).
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Data for Frank M Lockwood Trust (EIN 91-6024281) 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.