Fred & Floy Willmott Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Fred & Floy Willmott Foundation is a 501(c)(3) organization based in New York, New York, registered in 1988, with $572,910 in FY2024 revenue. CharityIndex grades it C+.
66 Hudson Boulevard, New York, NY, 10001 EIN 22-2587484 Since 1988
Revenue (FY2024)
$573K
▲ 83.9% vs prior year
Expenses (FY2024)
$356K
Net assets
$4.0M
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 Fred & Floy Willmott Foundation— 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 rating136 mo reserves · +38% 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 Fred & Floy Willmott Foundation: 136 mo reserves · +38% 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 Fred & Floy Willmott Foundation— 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 Fred & Floy Willmott Foundation: 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 $272K (FY2020) to $573K (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $4.0M
Operating margin
37.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.0M
Total liabilities
$0
Net assets
$4.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $572,910▲83.9% | $356,250▲4.8% | $4,048,418▲5.6% | $4,048,418▲5.6% | 990PF |
| 2023 | $311,495▼27.7% | $339,850▼16.6% | $3,833,734▼0.6% | $3,833,734▼0.6% | 990PF |
| 2022 | $430,741▼38.0% | $407,677▲17.8% | $3,855,567▲0.6% | $3,855,567▲0.6% | 990PF |
| 2021 | $694,428▲155% | $346,012▼15.8% | $3,832,099▲10.0% | $3,832,099▲10.0% | 990PF |
| 2020 | $272,220 | $410,706 | $3,484,120 | $3,484,120 | 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 Fred & Floy Willmott Foundation a legitimate nonprofit?
- Yes. Fred & Floy Willmott Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 22-2587484, based in New York, New York. Donations are tax-deductible.
- What is Fred & Floy Willmott Foundation's EIN?
- Fred & Floy Willmott Foundation's Employer Identification Number (EIN) is 22-2587484.
- How much revenue does Fred & Floy Willmott Foundation report?
- Fred & Floy Willmott Foundation reported $572,910 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Fred & Floy Willmott Foundation have?
- CharityIndex grades Fred & Floy Willmott Foundation C+, based on financial health (reserves and operating margin).
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Data for Fred & Floy Willmott Foundation (EIN 22-2587484) 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.