Jerry & Alice Womack Foundation Inc
Only null% goes to programs Strong reserves Declining revenue
Jerry & Alice Womack Foundation Inc is a 501(c)(3) organization based in Chesapeake, Virginia, registered in 2019, with $66,629 in FY2023 revenue. CharityIndex grades it F.
100 Bruton Ct, Chesapeake, VA, 23322 EIN 83-2679162 Since 2019
Revenue (FY2023)
$67K
▲ 279.1% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$111K
Net assets
$1.1M
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 Jerry & Alice Womack 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 rating122 mo reserves · -66% 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 Jerry & Alice Womack Foundation Inc: 122 mo reserves · -66% 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 Jerry & Alice Womack 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 Jerry & Alice Womack Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 100 Bruton Ct, Chesapeake, VA, 23322
- City
- Chesapeake
- State
- Virginia
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $255K (FY2018) to $67K (FY2023) across 6 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $1.1M
Operating margin
-66.1%
Spent more than it raised in the latest fiscal year.
Total assets
$1.1M
Total liabilities
$0
Net assets
$1.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $66,629▲279% | $110,640▼21.5% | $1,129,032▼3.8% | $1,129,032▼3.8% | 990PF |
| 2022 | -$37,210▼152% | $140,939▼21.4% | $1,173,043▼13.2% | $1,173,043▼13.2% | 990PF |
| 2021 | $71,421▼71.5% | $179,352▲252% | $1,351,192▼7.4% | $1,351,192▼7.4% | 990PF |
| 2020 | $250,729▼75.3% | $50,904▲1573% | $1,459,123▲15.9% | $1,459,123▲15.9% | 990PF |
| 2019 | $1,014,224▲298% | $3,042▼56.1% | $1,259,298▲408% | $1,259,298▲408% | 990PF |
| 2018 | $255,049 | $6,933 | $248,116 | $248,116 | 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.
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Frequently asked questions
- Is Jerry & Alice Womack Foundation Inc a legitimate nonprofit?
- Yes. Jerry & Alice Womack Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 83-2679162, based in Chesapeake, Virginia. Donations are tax-deductible.
- What is Jerry & Alice Womack Foundation Inc's EIN?
- Jerry & Alice Womack Foundation Inc's Employer Identification Number (EIN) is 83-2679162.
- How much revenue does Jerry & Alice Womack Foundation Inc report?
- Jerry & Alice Womack Foundation Inc reported $66,629 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Jerry & Alice Womack Foundation Inc have?
- CharityIndex grades Jerry & Alice Womack Foundation Inc F, based on financial health (reserves and operating margin).
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Data for Jerry & Alice Womack Foundation Inc (EIN 83-2679162) 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.