Melvin & Elaine Wolf Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Melvin & Elaine Wolf Foundation Inc is a 501(c)(3) organization based in Castle Rock, Colorado, registered in 1979, with $428,595 in FY2023 revenue. CharityIndex grades it D.
115 Wilcox St Ste 250, Castle Rock, CO, 80104 EIN 84-0797937 Since 1979
Revenue (FY2023)
$429K
▼ 48.9% vs prior year
Expenses (FY2023)
$572K
Net assets
$8.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 Melvin & Elaine Wolf 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 →
DFinancial health25% of the rating171 mo reserves · -34% 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 Melvin & Elaine Wolf Foundation Inc: 171 mo reserves · -34% margin earns a D 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 Melvin & Elaine Wolf 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 →
CTransparency10% of the rating2 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 Melvin & Elaine Wolf Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 115 Wilcox St Ste 250, Castle Rock, CO, 80104
- City
- Castle Rock
- State
- Colorado
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $366K (FY2013) to $429K (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $5,428Net assets $8.1M
Operating margin
-33.6%
Spent more than it raised in the latest fiscal year.
Total assets
$8.1M
Total liabilities
$5,428
Net assets
$8.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $428,595▼48.9% | $572,435▼2.4% | $8,141,725▼1.7% | $8,147,153▼1.7% | 990PF |
| 2022 | $839,221▼11.2% | $586,333▼6.4% | $8,285,565▲3.1% | $8,290,993▲3.2% | 990PF |
| 2021 | $944,681▲171% | $626,150▲7.9% | $8,032,677▲11.3% | $8,036,864▲11.3% | 990PF |
| 2020 | $347,967▲24.0% | $580,224▼10.8% | $7,217,970▼15.4% | $7,222,141▼15.4% | 990PF |
| 2019 | $280,597▼16.5% | $650,703▲8.2% | $8,530,843▼4.2% | $8,535,043▼4.2% | 990PF |
| 2018 | $336,228▼16.8% | $601,660▼8.5% | $8,900,949▲2.5% | $8,905,136▲2.6% | 990PF |
| 2017 | $404,268▼31.8% | $657,793▼14.6% | $8,680,698▼2.0% | $8,680,698▼2.0% | 990PF |
| 2015 | $593,054▼3.7% | $770,040▲31.5% | $8,861,192▼2.1% | $8,861,192▼2.1% | 990PF |
| 2014 | $615,624▲68.3% | $585,480▼18.1% | $9,055,075▲0.4% | $9,055,075▲0.4% | 990PF |
| 2013 | $365,859 | $714,544▲25.2% | $9,014,529▼3.7% | $9,014,529▼3.7% | 990PF |
| 2012 | — | $570,940▼5.2% | $9,358,991▼0.6% | $9,358,991▼0.6% | 990PF |
| 2011 | — | $602,219 | $9,414,157 | $9,414,157 | 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 Melvin & Elaine Wolf Foundation Inc a legitimate nonprofit?
- Yes. Melvin & Elaine Wolf Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 84-0797937, based in Castle Rock, Colorado. Donations are tax-deductible.
- What is Melvin & Elaine Wolf Foundation Inc's EIN?
- Melvin & Elaine Wolf Foundation Inc's Employer Identification Number (EIN) is 84-0797937.
- How much revenue does Melvin & Elaine Wolf Foundation Inc report?
- Melvin & Elaine Wolf Foundation Inc reported $428,595 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Melvin & Elaine Wolf Foundation Inc have?
- CharityIndex grades Melvin & Elaine Wolf Foundation Inc D, based on financial health (reserves and operating margin).
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Data for Melvin & Elaine Wolf Foundation Inc (EIN 84-0797937) 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.