Lillie M Bennett Memorial Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Lillie M Bennett Memorial Foundation is a 501(c)(3) organization based in Wadesboro, North Carolina, registered in 1972, with $31,040 in FY2024 revenue. CharityIndex grades it C+.
234 Highland Dr, Wadesboro, NC, 28170 EIN 56-6128334 Since 1972
Revenue (FY2024)
$31K
▲ 3496.1% vs prior year
Expenses (FY2024)
$22K
Net assets
$350K
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 Lillie M Bennett Memorial 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 rating191 mo reserves · +29% 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 Lillie M Bennett Memorial Foundation: 191 mo reserves · +29% 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 Lillie M Bennett Memorial 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 Lillie M Bennett Memorial Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 234 Highland Dr, Wadesboro, NC, 28170
- City
- Wadesboro
- State
- North Carolina
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $11K (FY2016) to $31K (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $350K
Operating margin
29.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$350K
Total liabilities
$0
Net assets
$350K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $31,040▲3496% | $21,932▼22.6% | $349,811▼3.9% | $349,811▼3.9% | 990PF |
| 2022 | -$914▼102% | $28,322▲11.6% | $363,843▼7.6% | $363,843▼7.6% | 990PF |
| 2021 | $50,067▲44.2% | $25,386▲325% | $393,571▲6.7% | $393,571▲6.7% | 990PF |
| 2020 | $34,725▲156% | $5,973▼90.3% | $368,940▲8.3% | $368,940▲8.3% | 990PF |
| 2019 | $13,566▼29.6% | $61,488▲798% | $340,523▼12.3% | $340,523▼12.3% | 990PF |
| 2018 | $19,279▼22.8% | $6,850▼74.4% | $388,481▲3.5% | $388,481▲3.5% | 990PF |
| 2017 | $24,973▲131% | $26,762▼1.8% | $375,456▼0.5% | $375,456▼0.5% | 990PF |
| 2016 | $10,830 | $27,247 | $377,289 | $377,289 | 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 Lillie M Bennett Memorial Foundation a legitimate nonprofit?
- Yes. Lillie M Bennett Memorial Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-6128334, based in Wadesboro, North Carolina. Donations are tax-deductible.
- What is Lillie M Bennett Memorial Foundation's EIN?
- Lillie M Bennett Memorial Foundation's Employer Identification Number (EIN) is 56-6128334.
- How much revenue does Lillie M Bennett Memorial Foundation report?
- Lillie M Bennett Memorial Foundation reported $31,040 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Lillie M Bennett Memorial Foundation have?
- CharityIndex grades Lillie M Bennett Memorial Foundation C+, based on financial health (reserves and operating margin).
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Data for Lillie M Bennett Memorial Foundation (EIN 56-6128334) 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.