The William E Connor II Foundation Inc is a 501(c)(3) organization based in Reno, Nevada, registered in 2007, with $559,765 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$560K
▲ 23165.4% vs prior year
Education median: $200K
Expenses (FY2024)
$516K
Net assets
$506K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 The William E Connor II 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 →
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 The William E Connor II Foundation Inc: 12 mo reserves · +8% margin earns a A 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 The William E Connor II 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 →
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 The William E Connor II Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $301K (FY2020) to $560K (FY2024) across 5 reported years.
Financial snapshot
Operating margin
7.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$510K
Total liabilities
$4,326
Net assets
$506K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $559,765▲23165% | $515,510▲28.6% | $506,095▲10.6% | $510,421▲10.6% | 990PF |
| 2023 | $2,406▼99.8% | $400,937▲21.4% | $457,442▼45.3% | $461,344▼45.4% | 990PF |
| 2022 | $1,000,456▲1801% | $330,331▲43.9% | $836,110▲415% | $844,267▲420% | 990PF |
| 2021 | $52,620▼82.5% | $229,634▼25.7% | $162,320▼52.4% | $162,329▼52.4% | 990PF |
| 2020 | $301,071 | $308,976 | $341,003 | $341,003 | 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 The William E Connor II Foundation Inc (EIN 32-0176090) 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.