The William J Malinchak Foundation is a 501(c)(3) organization based in Summrlnd Key, Florida, registered in 1993, with $58,952 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$59K
▼ 37.1% vs prior year
Expenses (FY2024)
$115K
Net assets
$1.6M
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 The William J Malinchak 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 The William J Malinchak Foundation: 172 mo reserves · -95% 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 The William J Malinchak 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 The William J Malinchak Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $482K (FY2013) to $59K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
-94.7%
Spent more than it raised in the latest fiscal year.
Total assets
$1.7M
Total liabilities
$6,400
Net assets
$1.6M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $58,952▼37.1% | $114,805▼1.9% | $1,648,064▼3.3% | $1,654,464▼3.1% | 990PF |
| 2023 | $93,687▼11.5% | $117,073▼12.1% | $1,703,917▼1.4% | $1,706,717▼1.2% | 990PF |
| 2022 | $105,855▼12.0% | $133,247▼7.1% | $1,727,302▼1.6% | $1,727,302▼1.6% | 990PF |
| 2021 | $120,340▲465% | $143,368▲17.8% | $1,754,694▼1.3% | $1,754,694▼1.3% | 990PF |
| 2020 | $21,284▼78.3% | $121,737▼5.4% | $1,777,722▼5.4% | $1,777,722▼5.4% | 990PF |
| 2019 | $98,000▼15.8% | $128,621▲8.4% | $1,878,875▼1.6% | $1,878,875▼1.6% | 990PF |
| 2018 | $116,337▼10.4% | $118,639▲11.5% | $1,909,497▼0.1% | $1,909,497▼0.2% | 990PF |
| 2017 | $129,859▲80.6% | $106,425▲8.7% | $1,911,447▲1.9% | $1,913,847▲2.0% | 990PF |
| 2015 | $71,923▼84.3% | $97,895▲29.8% | $1,875,716▼1.4% | $1,875,716▼1.4% | 990PF |
| 2014 | $458,742▼4.8% | $75,445▲25.0% | $1,901,688▲24.1% | $1,901,688▲24.1% | 990PF |
| 2013 | $481,813 | $60,335▲14.7% | $1,532,342▲2.6% | $1,532,342▲2.6% | 990PF |
| 2012 | — | $52,582 | $1,493,462 | $1,493,462 | 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 J Malinchak Foundation (EIN 65-0367437) 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.