Michael B Wood Foundation is a 501(c)(3) organization based in Honolulu, Hawaii, registered in 2015, with $51,000 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$51K
Philanthropy median: $168K
Expenses (FY2024)
$45K
Net assets
$9,231
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 Michael B Wood Foundation— 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 Michael B Wood Foundation: 2 mo reserves · +12% 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 Michael B Wood Foundation— 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 Michael B Wood Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $215K (FY2015) to $51K (FY2024) across 10 reported years.
Financial snapshot
Operating margin
11.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$9,231
Total liabilities
$0
Net assets
$9,231
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $51,000 | $44,987▼19.0% | $9,231▲187% | $9,231▲187% | 990PF |
| 2023 | $0 | $55,563▲6.9% | $3,218▼94.5% | $3,218▼94.5% | 990PF |
| 2022 | $0 | $51,957▲4.0% | $58,781▼46.9% | $58,781▼46.9% | 990PF |
| 2021 | $0 | $49,961▼14.8% | $110,738▼31.1% | $110,738▼31.1% | 990PF |
| 2020 | $0▼100% | $58,655▼91.2% | $160,699▼26.7% | $160,699▼26.7% | 990PF |
| 2019 | $600,000▲4.3% | $663,219▲19.9% | $219,354▼22.4% | $219,354▼22.4% | 990PF |
| 2018 | $575,000▼45.2% | $553,092▼31.1% | $282,573▲8.4% | $282,573▲8.4% | 990PF |
| 2017 | $1,050,000▲275% | $803,260▲193% | $260,665▲1772% | $260,665▲1772% | 990PF |
| 2016 | $280,000▲30.2% | $273,855▲28.1% | $13,925▲79.0% | $13,925▲79.0% | 990PF |
| 2015 | $215,000 | $213,720 | $7,780 | $7,780 | 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 Michael B Wood Foundation (EIN 46-5423511) 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.