W Foundation Inc is a 501(c)(3) organization based in Passaic, New Jersey, registered in 2016, with $9 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$9
▲ 0.0% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$14K
Net assets
$180K
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 W Foundation Inc— 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 W Foundation Inc: 160 mo reserves · -150389% margin earns a F 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 W Foundation Inc— 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 W Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $75K (FY2015) to $9 (FY2024) across 9 reported years.
Financial snapshot
Operating margin
-150388.9%
Spent more than it raised in the latest fiscal year.
Total assets
$180K
Total liabilities
$0
Net assets
$180K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $9 | $13,544 | $180,131▼7.0% | $180,131▼7.0% | 990PF |
| 2023 | $9 | $0▼100% | $193,666 | $193,666 | 990PF |
| 2022 | $9▼100.0% | $11,000▼65.5% | $193,657▼5.4% | $193,657▼5.4% | 990PF |
| 2021 | $100,000▲399% | $31,861▲8.7% | $204,640▲67.5% | $204,640▲67.5% | 990PF |
| 2019 | $20,040▼19.9% | $29,300▼4.5% | $122,137▼7.0% | $122,137▼7.0% | 990PF |
| 2018 | $25,014▼66.6% | $30,665▲38.7% | $131,396▼4.1% | $131,396▼4.1% | 990PF |
| 2017 | $75,000 | $22,108▲39.5% | $137,047▲62.9% | $137,047▲62.9% | 990PF |
| 2016 | $0▼100% | $15,845 | $84,155▲12.2% | $84,155▲12.2% | 990PF |
| 2015 | $75,000 | $0 | $75,000 | $75,000 | 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 W Foundation Inc (EIN 81-0925438) 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.