Jack & Virginia Wright Apartment Foundation
Only null% goes to programs
Jack & Virginia Wright Apartment Foundation is a 501(c)(3) organization based in Fairbanks, Alaska, registered in 2000, with $121,541 in FY2023 revenue. CharityIndex grades it C+.
805 Airport Way, Fairbanks, AK, 99701 EIN 92-0170938 Since 2000
Revenue (FY2023)
$122K
▲ 8.4% vs prior year
Housing median: $408K
Expenses (FY2023)
$113K
Net assets
$47K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—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 Jack & Virginia Wright Apartment Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating5 mo reserves · +7% 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 Jack & Virginia Wright Apartment Foundation: 5 mo reserves · +7% margin earns a A 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 Jack & Virginia Wright Apartment 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 Jack & Virginia Wright Apartment Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 805 Airport Way, Fairbanks, AK, 99701
- City
- Fairbanks
- State
- Alaska
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
Financial trends
Revenue grew from $97K (FY2013) to $122K (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $61KNet assets $47K
Operating margin
6.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$108K
Total liabilities
$61K
Net assets
$47K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $121,541▲8.4% | $113,490▲11.7% | $47,320▲20.5% | $108,034▲8.1% | 990EZ |
| 2022 | $112,094▼5.8% | $101,608▼22.0% | $39,268▲36.4% | $99,975▲9.5% | 990EZ |
| 2021 | $118,985▲7.1% | $130,224▼19.9% | $28,782▼28.1% | $91,266▼20.5% | 990EZ |
| 2020 | $111,131▼3.1% | $162,662▲1.5% | $40,021▼56.3% | $114,792▼26.9% | 990EZ |
| 2019 | $114,745▲1.3% | $160,320▼11.8% | $91,552▼33.2% | $157,107▼21.1% | 990EZ |
| 2018 | $113,294▲7.9% | $181,856▲12.5% | $137,127▼33.3% | $199,055▼26.2% | 990EZ |
| 2017 | $105,010▼1.4% | $161,721▲4.0% | $205,689▼21.6% | $269,795▼13.6% | 990EZ |
| 2016 | $106,543▲1.2% | $155,567▼8.0% | $262,400▼15.7% | $312,288▼15.3% | 990EZ |
| 2015 | $105,322▲8.0% | $169,095▲24.9% | $311,424▼17.0% | $368,895▼13.0% | 990EZ |
| 2014 | $97,551▲0.7% | $135,382▼2.5% | $375,197▼9.2% | $423,945▼9.7% | 990EZ |
| 2013 | $96,836 | $138,798▼5.8% | $413,028▼9.2% | $469,273▼9.7% | 990EZ |
| 2012 | — | $147,324▲14.0% | $454,991▼11.5% | $519,820▼9.1% | 990 |
| 2011 | — | $129,247 | $513,901 | $571,774 | 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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Frequently asked questions
- Is Jack & Virginia Wright Apartment Foundation a legitimate nonprofit?
- Yes. Jack & Virginia Wright Apartment Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 92-0170938, based in Fairbanks, Alaska. Donations are tax-deductible.
- What is Jack & Virginia Wright Apartment Foundation's EIN?
- Jack & Virginia Wright Apartment Foundation's Employer Identification Number (EIN) is 92-0170938.
- How much revenue does Jack & Virginia Wright Apartment Foundation report?
- Jack & Virginia Wright Apartment Foundation reported $121,541 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Jack & Virginia Wright Apartment Foundation have?
- CharityIndex grades Jack & Virginia Wright Apartment Foundation C+, based on financial health (reserves and operating margin).
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Data for Jack & Virginia Wright Apartment Foundation (EIN 92-0170938) 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.