Vera H and William R Todd Founda- Tion Co Connecticut National Bank is a 501(c)(3) organization based in Dallas, Texas, registered in 1960, with $23,702 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$24K
▲ 217.7% vs prior year
Expenses (FY2024)
$16K
Net assets
$234K
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 Vera H and William R Todd Founda- Tion Co Connecticut National Bank— 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 Vera H and William R Todd Founda- Tion Co Connecticut National Bank: 176 mo reserves · +33% margin earns a B+ 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 Vera H and William R Todd Founda- Tion Co Connecticut National Bank— 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 Vera H and William R Todd Founda- Tion Co Connecticut National Bank: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $7,347 (FY2014) to $24K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
32.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$234K
Total liabilities
$0
Net assets
$234K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $23,702▲218% | $15,982▲11.3% | $233,921▲3.3% | $233,921▲3.3% | 990PF |
| 2023 | $7,460▲221% | $14,356▲18.7% | $226,437▼3.0% | $226,437▼3.0% | 990PF |
| 2022 | -$6,154▼112% | $12,098▼18.8% | $233,418▼7.2% | $233,418▼7.2% | 990PF |
| 2021 | $53,058▲185% | $14,901▲16.1% | $251,642▲18.0% | $251,642▲18.0% | 990PF |
| 2020 | $18,611▲35.1% | $12,839▲4.2% | $213,216▲2.8% | $213,216▲2.8% | 990PF |
| 2019 | $13,772▼28.0% | $12,318▲8.5% | $207,446▼0.1% | $207,446▼0.1% | 990PF |
| 2018 | $19,132▼9.1% | $11,358▲7.9% | $207,694▲4.1% | $207,694▲4.1% | 990PF |
| 2017 | $21,043▲712% | $10,523▼19.4% | $199,592▲3.7% | $199,592▲3.7% | 990PF |
| 2016 | $2,592▼67.9% | $13,048▼5.2% | $192,441▼5.9% | $192,441▼5.9% | 990PF |
| 2015 | $8,086▲10.1% | $13,762▼2.6% | $204,537▼3.1% | $204,537▼3.1% | 990PF |
| 2014 | $7,347 | $14,128 | $211,027 | $211,027 | 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 Vera H and William R Todd Founda- Tion Co Connecticut National Bank (EIN 06-6031931) 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.