W J & Lela Budwine Foundation Inc is a 501(c)(3) organization based in Bradenton, Florida, registered in 1998, with $47,994 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$48K
▲ 77.4% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$116K
Net assets
$1.6M
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 J & Lela Budwine 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 J & Lela Budwine Foundation Inc: 169 mo reserves · -142% 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 J & Lela Budwine 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 J & Lela Budwine Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $220K (FY2014) to $48K (FY2024) across 10 reported years.
Financial snapshot
Operating margin
-142.1%
Spent more than it raised in the latest fiscal year.
Total assets
$1.6M
Total liabilities
$413
Net assets
$1.6M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $47,994▲77.4% | $116,184▼34.3% | $1,641,003▼4.0% | $1,641,416▼4.0% | 990PF |
| 2023 | $27,047▼66.5% | $176,851▲10.0% | $1,709,193▼8.1% | $1,709,547▼8.1% | 990PF |
| 2022 | $80,655▲64.6% | $160,757▲13.6% | $1,858,997▼4.1% | $1,860,319▼4.1% | 990PF |
| 2021 | $49,012▲9.2% | $141,565▼13.9% | $1,939,099▼4.6% | $1,939,536▼4.7% | 990PF |
| 2020 | $44,876▲135% | $164,435▲2.5% | $2,031,652▼5.6% | $2,035,095▼5.6% | 990PF |
| 2019 | -$127,499▼119% | $160,407▼94.8% | $2,151,211▼11.8% | $2,156,275▼11.6% | 990PF |
| 2018 | $681,508▲265% | $3,066,531▲886% | $2,439,117▼46.7% | $2,439,117▼46.7% | 990PF |
| 2016 | $186,794▲67.2% | $311,070▲3.7% | $4,575,011▼2.9% | $4,575,011▼2.9% | 990PF |
| 2015 | $111,693▼49.3% | $299,982▲1.9% | $4,711,617▼3.9% | $4,711,617▼3.9% | 990PF |
| 2014 | $220,091 | $294,356 | $4,900,328 | $4,900,328 | 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 J & Lela Budwine Foundation Inc (EIN 76-0520860) 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.