Julia O Wells Memorial Education Foundation Inc is a 501(c)(3) organization based in Latham, New York, registered in 1989, with $191,931 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$192K
▲ 58.3% vs prior year
Education median: $200K
Expenses (FY2024)
$199K
Net assets
$2.7M
Employees
—
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 Julia O Wells Memorial Education 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 →
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 Julia O Wells Memorial Education Foundation Inc: 161 mo reserves · -4% margin earns a B+ on this criterion. See the exact thresholds →
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 Julia O Wells Memorial Education 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 →
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 Julia O Wells Memorial Education Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $200K (FY2013) to $192K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-3.5%
Spent more than it raised in the latest fiscal year.
Total assets
$2.7M
Total liabilities
$711
Net assets
$2.7M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $191,931▲58.3% | $198,722▲8.8% | $2,673,627▲2.2% | $2,674,338▲2.2% | 990PF |
| 2023 | $121,281▼81.5% | $182,713▼3.4% | $2,616,587▼2.0% | $2,617,298▼2.2% | 990PF |
| 2022 | $655,470▲215% | $189,159▲14.9% | $2,668,838▼13.8% | $2,675,794▼13.7% | 990PF |
| 2021 | $207,758▲130% | $164,616▲6.0% | $3,097,861▲19.2% | $3,100,702▲19.3% | 990PF |
| 2020 | $90,516▼24.3% | $155,369▼0.5% | $2,599,061▼2.4% | $2,599,943▼2.3% | 990PF |
| 2019 | $119,619▼51.0% | $156,221▲0.1% | $2,661,821▲14.6% | $2,662,174▲14.6% | 990PF |
| 2018 | $243,918▼25.8% | $156,065▲7.2% | $2,323,274▼9.1% | $2,323,832▼9.2% | 990PF |
| 2017 | $328,613▲160% | $145,613▲12.4% | $2,556,511▲9.9% | $2,558,880▲10.0% | 990PF |
| 2016 | $126,429▼25.4% | $129,524▼15.6% | $2,326,235▲7.2% | $2,326,803▲7.2% | 990PF |
| 2015 | $169,564▲14.3% | $153,441▲11.5% | $2,169,222▼4.8% | $2,169,797▼4.8% | 990PF |
| 2014 | $148,351▼25.7% | $137,617▲60.7% | $2,277,585▲7.1% | $2,278,160▲7.0% | 990PF |
| 2013 | $199,606 | $85,626▲8.7% | $2,126,646▲10.5% | $2,129,106▲10.6% | 990PF |
| 2012 | — | $78,787 | $1,924,943▲5.3% | $1,925,484▲5.3% | 990PF |
| 2011 | — | $78,777▲0.9% | $1,827,852▲1.6% | $1,828,508▲1.6% | 990PF |
| 2010 | — | $78,074 | $1,798,192 | $1,799,748 | 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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Data for Julia O Wells Memorial Education Foundation Inc (EIN 22-2921430) 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.