Posner-wallace Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Posner-wallace Foundation is a 501(c)(3) organization based in Wilmington, Delaware, registered in 1958, with $462,338 in FY2024 revenue. CharityIndex grades it C+.
Foundation Source 501 Silverside Rd, Wilmington, DE, 19809 EIN 52-6037555 Since 1958
Revenue (FY2024)
$462K
▲ 51.0% vs prior year
Expenses (FY2024)
$368K
Net assets
$3.6M
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 Posner-wallace 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 rating118 mo reserves · +20% 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 Posner-wallace Foundation: 118 mo reserves · +20% 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 Posner-wallace 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 Posner-wallace Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Foundation Source 501 Silverside Rd, Wilmington, DE, 19809
- City
- Wilmington
- State
- Delaware
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $332K (FY2013) to $462K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $3.6M
Operating margin
20.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.6M
Total liabilities
$0
Net assets
$3.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $462,338▲51.0% | $368,333▲0.5% | $3,613,395▲2.7% | $3,613,395▲2.7% | 990PF |
| 2023 | $306,146▲19.8% | $366,323▼28.2% | $3,518,990▼1.7% | $3,518,990▼1.7% | 990PF |
| 2022 | $255,580▼52.4% | $510,126▲18.1% | $3,579,167▼6.6% | $3,579,167▼6.6% | 990PF |
| 2021 | $537,124▲109% | $431,922▲30.5% | $3,833,613▲2.8% | $3,833,613▲2.8% | 990PF |
| 2020 | $257,386▲6.1% | $330,910▲8.4% | $3,728,411▼1.9% | $3,728,411▼1.9% | 990PF |
| 2019 | $242,526▼19.2% | $305,397▼16.2% | $3,800,735▼1.6% | $3,800,735▼1.6% | 990PF |
| 2018 | $300,147▲38.3% | $364,407▼4.1% | $3,863,606▼1.6% | $3,863,606▼1.6% | 990PF |
| 2017 | $216,976▲45.5% | $380,061▲11.8% | $3,927,866▼4.0% | $3,927,866▼4.0% | 990PF |
| 2016 | $149,112▼47.9% | $339,797▲11.4% | $4,090,951▼4.5% | $4,090,951▼4.5% | 990PF |
| 2015 | $286,101▲24.5% | $305,004▲9.0% | $4,281,636▼0.4% | $4,281,636▼0.4% | 990PF |
| 2014 | $229,843▼30.9% | $279,753▼8.9% | $4,300,539▼1.1% | $4,300,539▼1.1% | 990PF |
| 2013 | $332,443 | $306,985▲29.8% | $4,350,449▲0.6% | $4,350,449▲0.6% | 990PF |
| 2012 | — | $236,540▼2.9% | $4,324,591▲41.2% | $4,324,591▲41.2% | 990PF |
| 2011 | — | $243,505▲21.0% | $3,061,730▲27.0% | $3,061,730▲27.0% | 990PF |
| 2010 | — | $201,307 | $2,409,885 | $2,409,885 | 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 Posner-wallace Foundation a legitimate nonprofit?
- Yes. Posner-wallace Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 52-6037555, based in Wilmington, Delaware. Donations are tax-deductible.
- What is Posner-wallace Foundation's EIN?
- Posner-wallace Foundation's Employer Identification Number (EIN) is 52-6037555.
- How much revenue does Posner-wallace Foundation report?
- Posner-wallace Foundation reported $462,338 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Posner-wallace Foundation have?
- CharityIndex grades Posner-wallace Foundation C+, based on financial health (reserves and operating margin).
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Data for Posner-wallace Foundation (EIN 52-6037555) 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.