Walter W and Thelma M Born Foundation is a 501(c)(3) organization based in Columbus, Ohio, registered in 2004, with $373,748 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$374K
▲ 88.6% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$279K
Net assets
$5.1M
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 Walter W and Thelma M Born Foundation— 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 Walter W and Thelma M Born Foundation: 219 mo reserves · +25% 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 Walter W and Thelma M Born Foundation— 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 Walter W and Thelma M Born Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $159K (FY2016) to $374K (FY2023) across 6 reported years.
Financial snapshot
Operating margin
25.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$5.1M
Total liabilities
$0
Net assets
$5.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $373,748▲88.6% | $278,766▼15.0% | $5,098,292▲1.9% | $5,098,292▲1.9% | 990PF |
| 2022 | $198,155▼55.5% | $328,108▼39.3% | $5,003,025▼2.5% | $5,003,025▼2.5% | 990PF |
| 2021 | $445,602▼28.3% | $540,583▲107% | $5,130,869▼1.9% | $5,130,869▼1.9% | 990PF |
| 2020 | $621,790▲23.9% | $261,448▼12.6% | $5,228,711▲6.4% | $5,228,711▲6.4% | 990PF |
| 2018 | $501,810▲216% | $299,007▲57.9% | $4,915,214▲7.5% | $4,915,214▲7.5% | 990PF |
| 2016 | $158,678 | $189,331▼43.7% | $4,572,577▲1.9% | $4,572,577▲1.9% | 990PF |
| 2010 | — | $336,234 | $4,486,845 | $4,486,845 | 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 Walter W and Thelma M Born Foundation (EIN 55-0869606) 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.