Sam W Lake Trust Uw Fbo is a 501(c)(3) organization based in Johnston, Rhode Island, registered in 1971, with $11,158 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$11K
▲ 19.6% vs prior year
Expenses (FY2024)
$18K
Net assets
$221K
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 Sam W Lake Trust Uw Fbo— 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 Sam W Lake Trust Uw Fbo: 147 mo reserves · -62% margin earns a F 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 Sam W Lake Trust Uw Fbo— 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 Sam W Lake Trust Uw Fbo: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue declined from $18K (FY2018) to $11K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
-61.9%
Spent more than it raised in the latest fiscal year.
Total assets
$221K
Total liabilities
$0
Net assets
$221K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $11,158▲19.6% | $18,065▲4.9% | $220,550▼3.0% | $220,550▼3.0% | 990PF |
| 2023 | $9,329▼38.1% | $17,218▼15.1% | $227,290▼3.2% | $227,290▼3.2% | 990PF |
| 2022 | $15,080▼18.8% | $20,286▼5.2% | $234,686▼2.2% | $234,686▼2.2% | 990PF |
| 2021 | $18,581▼6.7% | $21,396▲6.8% | $239,894▼1.1% | $239,894▼1.1% | 990PF |
| 2020 | $19,912▲109% | $20,037▲4.5% | $242,528▲0.1% | $242,528▲0.1% | 990PF |
| 2019 | $9,519▼46.8% | $19,170▼39.5% | $242,265▼3.8% | $242,265▼3.8% | 990PF |
| 2018 | $17,882 | $31,676 | $251,924 | $251,924 | 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.
Explore more
Data for Sam W Lake Trust Uw Fbo (EIN 02-6003998) 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.