W B Shafer Jr Tr
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
W B Shafer Jr Tr is a 501(c)(3) organization based in Virginia Bch, Virginia, registered in 1993, with $2,782 in FY2024 revenue. CharityIndex grades it F.
3 Caribbean Ave, Virginia Bch, VA, 23451 EIN 54-6330779 Since 1993
Revenue (FY2024)
$2,782
▲ 856.0% vs prior year
Expenses (FY2024)
$8,624
Net assets
$74K
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 W B Shafer Jr Tr— 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 rating103 mo reserves · -210% 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 W B Shafer Jr Tr: 103 mo reserves · -210% 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 W B Shafer Jr Tr— 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 W B Shafer Jr Tr: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 3 Caribbean Ave, Virginia Bch, VA, 23451
- City
- Virginia Bch
- State
- Virginia
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from -$3,297 (FY2017) to $2,782 (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $74K
Operating margin
-210.0%
Spent more than it raised in the latest fiscal year.
Total assets
$74K
Total liabilities
$0
Net assets
$74K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,782▲856% | $8,624▼19.4% | $74,212▼7.3% | $74,212▼7.3% | 990PF |
| 2023 | $291▼88.3% | $10,695▼15.3% | $80,054▼11.5% | $80,054▼11.5% | 990PF |
| 2022 | $2,492▼54.9% | $12,627▼24.9% | $90,458▼10.1% | $90,458▼10.1% | 990PF |
| 2021 | $5,531▲153% | $16,805▼18.3% | $100,593▼10.1% | $100,593▼10.1% | 990PF |
| 2020 | $2,190▼10.5% | $20,564▲90.5% | $111,867▼14.1% | $111,867▼14.1% | 990PF |
| 2019 | $2,448▼18.1% | $10,795▲161% | $130,241▼6.0% | $130,241▼6.0% | 990PF |
| 2018 | $2,990▲191% | $4,130▼80.9% | $138,588▼0.8% | $138,588▼0.8% | 990PF |
| 2017 | -$3,297 | $21,640▲15.9% | $139,728▼37.6% | $139,728▼37.6% | 990PF |
| 2011 | — | $18,668▲1.2% | $223,829▼4.7% | $223,829▼4.7% | 990PF |
| 2010 | — | $18,443▲15.4% | $234,802▼5.4% | $234,802▼5.4% | 990PF |
| 2009 | — | $15,975 | $248,329 | $248,329 | 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.
Frequently asked questions
- Is W B Shafer Jr Tr a legitimate nonprofit?
- Yes. W B Shafer Jr Tr is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 54-6330779, based in Virginia Bch, Virginia. Donations are tax-deductible.
- What is W B Shafer Jr Tr's EIN?
- W B Shafer Jr Tr's Employer Identification Number (EIN) is 54-6330779.
- How much revenue does W B Shafer Jr Tr report?
- W B Shafer Jr Tr reported $2,782 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does W B Shafer Jr Tr have?
- CharityIndex grades W B Shafer Jr Tr F, based on financial health (reserves and operating margin).
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Data for W B Shafer Jr Tr (EIN 54-6330779) 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.