W E Grace Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
W E Grace Foundation is a 501(c)(3) organization based in Westworth Vlg, Texas, registered in 1982, with $50,394 in FY2024 revenue. CharityIndex grades it D.
208 River Trail Ct, Westworth Vlg, TX, 76114 EIN 75-6012546 Since 1982
Revenue (FY2024)
$50K
▼ 2.0% vs prior year
Expenses (FY2024)
$67K
Net assets
$1.2M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 E Grace Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating208 mo reserves · -33% 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 E Grace Foundation: 208 mo reserves · -33% margin earns a D 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 E Grace 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 W E Grace Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 208 River Trail Ct, Westworth Vlg, TX, 76114
- City
- Westworth Vlg
- State
- Texas
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $71K (FY2013) to $50K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.2M
Operating margin
-32.9%
Spent more than it raised in the latest fiscal year.
Total assets
$1.2M
Total liabilities
$0
Net assets
$1.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $50,394▼2.0% | $66,983▼20.5% | $1,160,701▼1.1% | $1,160,701▼1.1% | 990 |
| 2023 | $51,420▲351% | $84,235▲34.0% | $1,173,603▼2.7% | $1,173,603▼2.7% | 990 |
| 2022 | -$20,486▼112% | $62,871▼8.9% | $1,206,418▼6.5% | $1,206,418▼6.5% | 990 |
| 2021 | $168,770▲405% | $68,991▲0.7% | $1,289,775▲8.4% | $1,289,775▲8.4% | 990 |
| 2020 | $33,438▼65.7% | $68,488▼14.9% | $1,189,996▼2.9% | $1,189,996▼2.9% | 990 |
| 2019 | $97,462▼30.3% | $80,510▲23.3% | $1,225,046▲1.4% | $1,225,046▲1.4% | 990 |
| 2018 | $139,779▲63.1% | $65,322▼18.2% | $1,208,094▲6.6% | $1,208,094▲6.6% | 990 |
| 2017 | $85,686▲15.0% | $79,851▲15.0% | $1,133,637▲0.5% | $1,133,637▲0.5% | 990 |
| 2016 | $74,509▼30.1% | $69,438▼1.3% | $1,127,802▲0.5% | $1,127,802▲0.5% | 990 |
| 2015 | $106,553▲64.3% | $70,371▼4.9% | $1,122,731▲3.3% | $1,122,731▲3.3% | 990 |
| 2014 | $64,842▼8.6% | $74,014▲19.4% | $1,086,549▼0.8% | $1,086,549▼0.8% | 990 |
| 2013 | $70,967 | $61,991▲0.2% | $1,095,721▲0.8% | $1,095,721▲0.8% | 990 |
| 2012 | — | $61,898▼10.1% | $1,086,745 | $1,086,745 | 990 |
| 2011 | — | $68,824▼7.3% | $1,086,826▲0.9% | $1,086,826▲0.9% | 990 |
| 2010 | — | $74,225 | $1,077,396 | $1,077,396 | 990 |
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 E Grace Foundation a legitimate nonprofit?
- Yes. W E Grace Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 75-6012546, based in Westworth Vlg, Texas. Donations are tax-deductible.
- What is W E Grace Foundation's EIN?
- W E Grace Foundation's Employer Identification Number (EIN) is 75-6012546.
- How much revenue does W E Grace Foundation report?
- W E Grace Foundation reported $50,394 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does W E Grace Foundation have?
- CharityIndex grades W E Grace Foundation D, based on financial health (reserves and operating margin).
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Data for W E Grace Foundation (EIN 75-6012546) 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.