The William V and Betty M Ellis Family
Only null% goes to programs Strong reserves Growing revenue
The William V and Betty M Ellis Family is a 501(c)(3) organization based in Gloucester, Massachusetts, registered in 2002, with $245,193 in FY2024 revenue. CharityIndex grades it C+.
54 Mussell Point Rd, Gloucester, MA, 01930 EIN 30-6038996 Since 2002
Revenue (FY2024)
$245K
▲ 27.7% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$190K
Net assets
$1.5M
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 The William V and Betty M Ellis Family— 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 rating92 mo reserves · +23% 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 The William V and Betty M Ellis Family: 92 mo reserves · +23% 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 The William V and Betty M Ellis Family— 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 The William V and Betty M Ellis Family: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 54 Mussell Point Rd, Gloucester, MA, 01930
- City
- Gloucester
- State
- Massachusetts
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $141K (FY2013) to $245K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.5M
Operating margin
22.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.5M
Total liabilities
$0
Net assets
$1.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $245,193▲27.7% | $189,813▲13.2% | $1,458,175▲6.9% | $1,458,175▲6.9% | 990PF |
| 2023 | $192,044▲92.4% | $167,642▼1.8% | $1,363,453▼2.5% | $1,363,453▼2.5% | 990PF |
| 2022 | $99,826▼36.5% | $170,637▲4.1% | $1,397,844▼4.8% | $1,397,844▼4.8% | 990PF |
| 2021 | $157,110▲59.1% | $163,937▼2.5% | $1,467,663▼0.5% | $1,467,663▼0.5% | 990PF |
| 2020 | $98,719▼5.1% | $168,217▲13.0% | $1,474,827▼4.4% | $1,474,827▼4.4% | 990PF |
| 2019 | $104,050▲15.0% | $148,861▲1.2% | $1,542,106▼2.8% | $1,542,106▼2.8% | 990PF |
| 2018 | $90,506▼17.5% | $147,133▲7.9% | $1,586,599▼3.4% | $1,586,599▼3.4% | 990PF |
| 2017 | $109,642▼54.7% | $136,369▲20.5% | $1,643,267▼1.6% | $1,643,267▼1.6% | 990PF |
| 2016 | $241,784▲644% | $113,150▼6.5% | $1,669,871▲8.3% | $1,669,871▲8.3% | 990PF |
| 2015 | $32,484▼89.4% | $121,025▲5.3% | $1,541,237▼5.4% | $1,541,237▼5.4% | 990PF |
| 2014 | $307,581▲119% | $114,937▲13.1% | $1,629,778▲13.4% | $1,629,778▲13.4% | 990PF |
| 2013 | $140,739 | $101,657▲181% | $1,437,134▲8.1% | $1,437,134▲8.1% | 990PF |
| 2011 | — | $36,151 | $1,329,724 | $1,329,724 | 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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Frequently asked questions
- Is The William V and Betty M Ellis Family a legitimate nonprofit?
- Yes. The William V and Betty M Ellis Family is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 30-6038996, based in Gloucester, Massachusetts. Donations are tax-deductible.
- What is The William V and Betty M Ellis Family's EIN?
- The William V and Betty M Ellis Family's Employer Identification Number (EIN) is 30-6038996.
- How much revenue does The William V and Betty M Ellis Family report?
- The William V and Betty M Ellis Family reported $245,193 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does The William V and Betty M Ellis Family have?
- CharityIndex grades The William V and Betty M Ellis Family C+, based on financial health (reserves and operating margin).
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Data for The William V and Betty M Ellis Family (EIN 30-6038996) 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.