Werth-silver Foundation Inc
Only null% goes to programs Strong reserves Declining revenue
Werth-silver Foundation Inc is a 501(c)(3) organization based in Coral Gables, Florida, registered in 2000, with $33,190 in FY2024 revenue. CharityIndex grades it D.
10 Edgewater Dr Apt 11f, Coral Gables, FL, 33133 EIN 65-0967064 Since 2000
Revenue (FY2024)
$33K
▲ 3.5% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$48K
Net assets
$31K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 Werth-silver 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 →
DFinancial health25% of the rating8 mo reserves · -46% 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 Werth-silver Foundation Inc: 8 mo reserves · -46% margin earns a D 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 Werth-silver 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 Werth-silver Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 10 Edgewater Dr Apt 11f, Coral Gables, FL, 33133
- City
- Coral Gables
- State
- Florida
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $16K (FY2018) to $33K (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $31K
Operating margin
-45.7%
Spent more than it raised in the latest fiscal year.
Total assets
$31K
Total liabilities
$0
Net assets
$31K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $33,190▲3.5% | $48,357▼3.7% | $31,327▼10.9% | $31,327▼33.6% | 990PF |
| 2023 | $32,068▲102% | $50,204▲69.1% | $35,149▼37.8% | $47,210▼16.5% | 990PF |
| 2022 | $15,892▼87.5% | $29,694▲49.0% | $56,526▼19.4% | $56,526▼19.4% | 990PF |
| 2021 | $127,498▲299% | $19,928▼2.6% | $70,153▲67.4% | $70,153▲67.4% | 990PF |
| 2020 | $31,958▲476% | $20,464▲173% | $41,916▲2.6% | $41,916▲2.6% | 990PF |
| 2019 | $5,549▼65.7% | $7,503▼61.4% | $40,856▼4.6% | $40,856▼4.6% | 990PF |
| 2018 | $16,174 | $19,432 | $42,810 | $42,810 | 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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Frequently asked questions
- Is Werth-silver Foundation Inc a legitimate nonprofit?
- Yes. Werth-silver Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 65-0967064, based in Coral Gables, Florida. Donations are tax-deductible.
- What is Werth-silver Foundation Inc's EIN?
- Werth-silver Foundation Inc's Employer Identification Number (EIN) is 65-0967064.
- How much revenue does Werth-silver Foundation Inc report?
- Werth-silver Foundation Inc reported $33,190 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Werth-silver Foundation Inc have?
- CharityIndex grades Werth-silver Foundation Inc D, based on financial health (reserves and operating margin).
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Data for Werth-silver Foundation Inc (EIN 65-0967064) 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.