Thomas W Elward Foundation
Only null% goes to programs Strong reserves
Thomas W Elward Foundation is a 501(c)(3) organization based in W Bloomfield, Michigan, registered in 2009, with $685 in FY2024 revenue. CharityIndex grades it F.
5531 Swan Lake Dr, W Bloomfield, MI, 48322 EIN 26-3726730 Since 2009
Revenue (FY2024)
$685
▲ 4.4% vs prior year
Education median: $200K
Expenses (FY2024)
$1,520
Net assets
$34K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Thomas W Elward Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating269 mo reserves · -122% 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 Thomas W Elward Foundation: 269 mo reserves · -122% margin earns a F 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 Thomas W Elward 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 Thomas W Elward Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 5531 Swan Lake Dr, W Bloomfield, MI, 48322
- City
- W Bloomfield
- State
- Michigan
- Category
- Education
- Subcategory
- Educational Services
Financial trends
Revenue declined from $1,501 (FY2016) to $685 (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $34K
Operating margin
-121.9%
Spent more than it raised in the latest fiscal year.
Total assets
$34K
Total liabilities
$0
Net assets
$34K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $685▲4.4% | $1,520▼6.2% | $34,107▼2.3% | $34,107▼2.3% | 990PF |
| 2023 | $656▲21.7% | $1,620 | $34,911▼3.9% | $34,911▼3.9% | 990PF |
| 2022 | $539▼31.8% | $1,620▼39.6% | $36,337▼3.0% | $36,337▼3.0% | 990PF |
| 2021 | $790▼10.9% | $2,680▲32.7% | $37,442▼4.8% | $37,442▼4.8% | 990PF |
| 2020 | $887▼11.6% | $2,020▼49.2% | $39,337▼2.8% | $39,337▼2.8% | 990PF |
| 2019 | $1,003▲14.2% | $3,973▲58.9% | $40,470▼6.8% | $40,470▼6.8% | 990PF |
| 2018 | $878▼21.2% | $2,500▼29.0% | $43,440▼3.6% | $43,440▼3.6% | 990PF |
| 2017 | $1,114▼25.8% | $3,520▼4.1% | $45,062▼5.1% | $45,062▼5.1% | 990PF |
| 2016 | $1,501 | $3,670▼86.2% | $47,468▼22.8% | $47,468▼22.8% | 990PF |
| 2010 | — | $26,638 | $61,514 | $61,514 | 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 Thomas W Elward Foundation a legitimate nonprofit?
- Yes. Thomas W Elward Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 26-3726730, based in W Bloomfield, Michigan. Donations are tax-deductible.
- What is Thomas W Elward Foundation's EIN?
- Thomas W Elward Foundation's Employer Identification Number (EIN) is 26-3726730.
- How much revenue does Thomas W Elward Foundation report?
- Thomas W Elward Foundation reported $685 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Thomas W Elward Foundation have?
- CharityIndex grades Thomas W Elward Foundation F, based on financial health (reserves and operating margin).
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Data for Thomas W Elward Foundation (EIN 26-3726730) 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.