Waldo B Fay Trust Uw Clause 112-4852 Fbo Edward W Fay Nect is a 501(c)(92) organization based in Dallas, Texas, registered in 1970, with $30,936 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$31K
▲ 218.6% vs prior year
Expenses (FY2024)
$21K
Net assets
$298K
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 Waldo B Fay Trust Uw Clause 112-4852 Fbo Edward W Fay Nect— 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 Waldo B Fay Trust Uw Clause 112-4852 Fbo Edward W Fay Nect: 172 mo reserves · +33% margin earns a B+ 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 Waldo B Fay Trust Uw Clause 112-4852 Fbo Edward W Fay Nect— 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 Waldo B Fay Trust Uw Clause 112-4852 Fbo Edward W Fay Nect: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $6,809 (FY2014) to $31K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
32.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$298K
Total liabilities
$0
Net assets
$298K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $30,936▲219% | $20,791▲24.0% | $298,114▲3.4% | $298,114▲3.4% | 990PF |
| 2023 | $9,711▲234% | $16,773▼30.3% | $288,274▼2.4% | $288,274▼2.4% | 990PF |
| 2022 | -$7,264▼111% | $24,063▲12.2% | $295,444▼9.6% | $295,444▼9.6% | 990PF |
| 2021 | $68,281▲187% | $21,437▲3.0% | $326,733▲16.9% | $326,733▲16.9% | 990PF |
| 2020 | $23,829▲38.9% | $20,812▲20.0% | $279,548▲1.1% | $279,548▲1.1% | 990PF |
| 2019 | $17,151▼30.6% | $17,349▼14.3% | $276,548▼0.9% | $276,548▼0.9% | 990PF |
| 2018 | $24,700▼3.7% | $20,236▲14.4% | $279,156▲1.8% | $279,156▲1.8% | 990PF |
| 2017 | $25,652▲1857% | $17,691▲7.6% | $274,226▲1.2% | $274,226▲1.2% | 990PF |
| 2016 | $1,311▼87.8% | $16,448▼9.2% | $271,071▼5.9% | $271,071▼5.9% | 990PF |
| 2015 | $10,723▲57.5% | $18,121▲3.4% | $288,165▼2.8% | $288,165▼2.8% | 990PF |
| 2014 | $6,809 | $17,531 | $296,440 | $296,440 | 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 Waldo B Fay Trust Uw Clause 112-4852 Fbo Edward W Fay Nect (EIN 04-6037945) 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.