Louis E Wolfson Foundation Gilmore Rees & Carlson is a 501(c)(3) organization based in Weston, Massachusetts, registered in 1952, with $17,450 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$17K
▼ 8.5% vs prior year
Expenses (FY2024)
$12K
Net assets
$515K
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 Louis E Wolfson Foundation Gilmore Rees & Carlson— 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 Louis E Wolfson Foundation Gilmore Rees & Carlson: 508 mo reserves · +30% 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 Louis E Wolfson Foundation Gilmore Rees & Carlson— 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 Louis E Wolfson Foundation Gilmore Rees & Carlson: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $1.2M (FY2013) to $17K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
30.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$515K
Total liabilities
$0
Net assets
$515K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $17,450▼8.5% | $12,168▼26.3% | $515,099▲1.0% | $515,099▲1.0% | 990PF |
| 2023 | $19,062▼98.2% | $16,509▼99.9% | $509,817▲0.5% | $509,817▼3.6% | 990PF |
| 2022 | $1,032,364▼31.1% | $17,240,314▲916% | $507,264▼97.0% | $528,804▼96.8% | 990PF |
| 2021 | $1,498,768▲1.8% | $1,696,088▲41.3% | $16,715,214▼1.2% | $16,755,593▼1.2% | 990PF |
| 2020 | $1,472,267▲18.4% | $1,200,759▲13.7% | $16,912,534▲1.6% | $16,952,913▲1.6% | 990PF |
| 2019 | $1,243,656▼30.2% | $1,056,158▼2.5% | $16,641,026▲1.1% | $16,681,405▲1.1% | 990PF |
| 2018 | $1,782,915▲57.7% | $1,082,981▼0.2% | $16,453,528▲4.4% | $16,493,910▲4.4% | 990PF |
| 2017 | $1,130,357▼8.9% | $1,085,584▲4.9% | $15,753,594▼0.3% | $15,793,976▼0.4% | 990PF |
| 2016 | $1,240,146▼21.8% | $1,034,830▲4.0% | $15,799,705▲1.3% | $15,857,420▲1.4% | 990PF |
| 2015 | $1,586,021▲5.7% | $994,570▼2.9% | $15,594,389▼5.1% | $15,642,799▼5.1% | 990PF |
| 2014 | $1,500,557▲28.4% | $1,024,323▲1.4% | $16,431,213▲3.0% | $16,490,032▲3.0% | 990PF |
| 2013 | $1,168,837 | $1,010,430▲3.3% | $15,954,979▲1.0% | $16,010,038▲1.0% | 990PF |
| 2012 | — | $978,313▲10.7% | $15,796,572▼14.6% | $15,849,376▼14.6% | 990PF |
| 2011 | — | $883,360▼7.2% | $18,505,475▼0.3% | $18,549,530▼0.3% | 990PF |
| 2010 | — | $951,614▲3.6% | $18,558,836▼0.2% | $18,603,001▼0.1% | 990PF |
| 2009 | — | $918,132 | $18,594,735 | $18,628,517 | 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 Louis E Wolfson Foundation Gilmore Rees & Carlson (EIN 04-6053295) 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.