Walter E Olson Memorial Library Foundation Inc
Only null% goes to programs Declining revenue
Walter E Olson Memorial Library Foundation Inc is a 501(c)(3) organization based in Eagle River, Wisconsin, registered in 1993, with $42,755 in FY2021 revenue. CharityIndex grades it F.
Po Box 1076, Eagle River, WI, 54521 EIN 39-1740131 Since 1993
Revenue (FY2021)
$43K
▲ 0.7% vs prior year
Human Services median: $293K
Expenses (FY2021)
$132K
Net assets
$60K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Walter E Olson Memorial Library 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 →
FFinancial health25% of the rating5 mo reserves · -208% 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 Walter E Olson Memorial Library Foundation Inc: 5 mo reserves · -208% margin earns a F 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 Walter E Olson Memorial Library 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 →
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 Walter E Olson Memorial Library Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 1076, Eagle River, WI, 54521
- City
- Eagle River
- State
- Wisconsin
- Category
- Human Services
- Subcategory
- Human Service Organizations
- Website
- …
Financial trends
Revenue declined from $111K (FY2013) to $43K (FY2021) across 9 reported years.
Financial snapshot
Financial health & position (FY2021)
Liabilities $0Net assets $60K
Operating margin
-208.1%
Spent more than it raised in the latest fiscal year.
Total assets
$60K
Total liabilities
$0
Net assets
$60K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2021 | $42,755▲0.7% | $131,722▼2.9% | $59,737▼98.0% | $59,737▼98.0% | 990 |
| 2020 | $42,469▲3.6% | $135,717▲5.5% | $2,995,781▼3.0% | $3,045,781▼4.5% | 990 |
| 2019 | $40,980▼30.3% | $128,602▼6.3% | $3,089,029▼2.8% | $3,189,029▼6.1% | 990 |
| 2018 | $58,772▼85.7% | $137,283▲721% | $3,176,651▼2.4% | $3,396,651▼10.4% | 990 |
| 2017 | $409,670▼84.8% | $16,727▲432% | $3,255,162▲13.7% | $3,788,862▲32.4% | 990 |
| 2016 | $2,691,463▲7532% | $3,146▼68.6% | $2,862,219▲1546% | $2,862,219▲91.5% | 990 |
| 2015 | $35,264▲8.0% | $10,031▲39.3% | $173,902▲17.0% | $1,494,998▲4.7% | 990 |
| 2014 | $32,655▼70.6% | $7,203▲304% | $148,669▲20.7% | $1,428,384▲31.5% | 990 |
| 2013 | $111,250 | $1,782▼98.8% | $123,217▼67.1% | $1,086,538▲190% | 990 |
| 2011 | — | $147,055 | $374,226 | $374,226 | 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.
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Frequently asked questions
- Is Walter E Olson Memorial Library Foundation Inc a legitimate nonprofit?
- Yes. Walter E Olson Memorial Library Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 39-1740131, based in Eagle River, Wisconsin. Donations are tax-deductible.
- What is Walter E Olson Memorial Library Foundation Inc's EIN?
- Walter E Olson Memorial Library Foundation Inc's Employer Identification Number (EIN) is 39-1740131.
- How much revenue does Walter E Olson Memorial Library Foundation Inc report?
- Walter E Olson Memorial Library Foundation Inc reported $42,755 in total revenue on its fiscal year 2021 IRS Form 990 filing.
- What financial grade does Walter E Olson Memorial Library Foundation Inc have?
- CharityIndex grades Walter E Olson Memorial Library Foundation Inc F, based on financial health (reserves and operating margin).
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Data for Walter E Olson Memorial Library Foundation Inc (EIN 39-1740131) 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.