Herbert O Wolfe Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Declining revenue
Herbert O Wolfe Foundation Inc is a 501(c)(3) organization based in Belmont, Massachusetts, registered in 1960, with $48,769 in FY2024 revenue. CharityIndex grades it F.
30 Hastings Rd, Belmont, MA, 02478 EIN 11-6012915 Since 1960
Revenue (FY2024)
$49K
▼ 34.4% vs prior year
Expenses (FY2024)
$124K
Net assets
$17K
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 Herbert O Wolfe Foundation Inc— 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 rating2 mo reserves · -154% 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 Herbert O Wolfe Foundation Inc: 2 mo reserves · -154% 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 Herbert O Wolfe Foundation Inc— 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 Herbert O Wolfe Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 30 Hastings Rd, Belmont, MA, 02478
- City
- Belmont
- State
- Massachusetts
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $73K (FY2013) to $49K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $17K
Operating margin
-153.8%
Spent more than it raised in the latest fiscal year.
Total assets
$17K
Total liabilities
$0
Net assets
$17K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $48,769▼34.4% | $123,755▼21.4% | $17,491▼82.9% | $17,491▼82.9% | 990PF |
| 2023 | $74,368▲33.8% | $157,473▲15.9% | $101,994▼44.9% | $101,994▼44.9% | 990PF |
| 2022 | $55,575▼23.5% | $135,869▼8.4% | $185,099▼30.3% | $185,099▼30.3% | 990PF |
| 2021 | $72,681▼12.8% | $148,342▲39.4% | $265,393▼22.2% | $265,393▼22.2% | 990PF |
| 2020 | $83,336▲99.6% | $106,431▲3.0% | $341,054▼6.3% | $341,054▼6.3% | 990PF |
| 2019 | $41,751▲60.8% | $103,328▲39.7% | $364,149▼14.5% | $364,149▼14.5% | 990PF |
| 2018 | $25,962▼9.4% | $73,971▼7.1% | $425,726▼10.1% | $425,726▼10.1% | 990PF |
| 2017 | $28,666▼41.0% | $79,639▼15.8% | $473,735▼9.7% | $473,735▼9.7% | 990PF |
| 2016 | $48,571▼2.6% | $94,576▼6.5% | $524,708▼6.5% | $524,708▼6.5% | 990PF |
| 2015 | $49,856▲86.9% | $101,097▲68.4% | $561,125▼8.4% | $561,125▼8.4% | 990PF |
| 2014 | $26,682▼63.7% | $60,050▼8.9% | $612,366▼5.2% | $612,366▼5.2% | 990PF |
| 2013 | $73,484 | $65,907▲10.9% | $645,734▲1.2% | $645,734▲1.2% | 990PF |
| 2012 | — | $59,407▼3.2% | $638,157▼3.1% | $638,157▼3.1% | 990PF |
| 2011 | — | $61,401▲4.5% | $658,871▼0.2% | $658,871▼0.2% | 990PF |
| 2010 | — | $58,734 | $659,932 | $659,932 | 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 Herbert O Wolfe Foundation Inc a legitimate nonprofit?
- Yes. Herbert O Wolfe Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 11-6012915, based in Belmont, Massachusetts. Donations are tax-deductible.
- What is Herbert O Wolfe Foundation Inc's EIN?
- Herbert O Wolfe Foundation Inc's Employer Identification Number (EIN) is 11-6012915.
- How much revenue does Herbert O Wolfe Foundation Inc report?
- Herbert O Wolfe Foundation Inc reported $48,769 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Herbert O Wolfe Foundation Inc have?
- CharityIndex grades Herbert O Wolfe Foundation Inc F, based on financial health (reserves and operating margin).
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Data for Herbert O Wolfe Foundation Inc (EIN 11-6012915) 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.