W Vernie Reed Memorial Fund
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
W Vernie Reed Memorial Fund is a 501(c)(3) organization based in Seattle, Washington, registered in 1981, with $193,581 in FY2022 revenue. CharityIndex grades it C.
12101 Tukwila International Blvd 30, Seattle, WA, 98168 EIN 91-1094688 Since 1981
Revenue (FY2022)
$194K
▲ 4.5% vs prior year
Expenses (FY2022)
$154K
Net assets
$707K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—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 Vernie Reed Memorial Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating55 mo reserves · +20% 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 Vernie Reed Memorial Fund: 55 mo reserves · +20% margin earns a A 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 Vernie Reed Memorial Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FTransparency10% of the rating0 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 Vernie Reed Memorial Fund: 0 of 5 disclosure signals earns a F on this criterion. See the exact thresholds →
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Contact & location
- Address
- 12101 Tukwila International Blvd 30, Seattle, WA, 98168
- City
- Seattle
- State
- Washington
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $27K (FY2009) to $194K (FY2022) across 13 reported years.
Financial snapshot
Financial health & position (FY2022)
Liabilities $0Net assets $707K
Operating margin
20.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$707K
Total liabilities
$0
Net assets
$707K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2022 | $193,581▲4.5% | $154,213▲14.3% | $707,290▲6.1% | $707,290▲6.1% | 990 |
| 2021 | $185,270▲4.4% | $134,929▲5.6% | $666,721▲6.1% | $666,721▲6.1% | 990 |
| 2020 | $177,458▲2.9% | $127,715▲28.2% | $628,669▲12.4% | $628,669▲12.4% | 990 |
| 2019 | $172,394▼23.0% | $99,602▲44.4% | $559,413▲13.5% | $559,413▲13.5% | 990 |
| 2018 | $223,875▲342% | $68,981▲179% | $492,701▲33.1% | $492,701▲33.1% | 990 |
| 2016 | $50,609▲520% | $24,733▲49.0% | $370,228▲14.4% | $370,228▲14.4% | 990EZ |
| 2015 | $8,168▼89.5% | $16,598▼51.6% | $323,728▼1.6% | $323,728▼1.6% | 990EZ |
| 2014 | $77,668▲25.4% | $34,278▼7.0% | $328,960▲14.7% | $328,960▲14.7% | 990EZ |
| 2013 | $61,938▲136% | $36,873▲119% | $286,712▲13.9% | $286,712▲13.9% | 990EZ |
| 2012 | $26,200▲89.3% | $16,802▼9.4% | $251,687▲13.8% | $251,687▲13.8% | 990EZ |
| 2011 | $13,842▲267% | $18,549▲6.0% | $221,122▼1.1% | $221,122▼1.1% | 990EZ |
| 2010 | $3,774▼86.2% | $17,498▼26.3% | $223,548▼5.2% | $223,548▼5.2% | 990EZ |
| 2009 | $27,326 | $23,729 | $235,914 | $235,914 | 990EZ |
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 Vernie Reed Memorial Fund a legitimate nonprofit?
- Yes. W Vernie Reed Memorial Fund is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 91-1094688, based in Seattle, Washington. Donations are tax-deductible.
- What is W Vernie Reed Memorial Fund's EIN?
- W Vernie Reed Memorial Fund's Employer Identification Number (EIN) is 91-1094688.
- How much revenue does W Vernie Reed Memorial Fund report?
- W Vernie Reed Memorial Fund reported $193,581 in total revenue on its fiscal year 2022 IRS Form 990 filing.
- What financial grade does W Vernie Reed Memorial Fund have?
- CharityIndex grades W Vernie Reed Memorial Fund C, based on financial health (reserves and operating margin).
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Data for W Vernie Reed Memorial Fund (EIN 91-1094688) 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.