Will J Reid Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Will J Reid Foundation is a 501(c)(3) organization based in Long Beach, California, registered in 1957, with $1,728,057 in FY2024 revenue. CharityIndex grades it C+.
2801 E Ocean Blvd, Long Beach, CA, 90803 EIN 95-6041915 Since 1957
Revenue (FY2024)
$1.7M
▲ 502.1% vs prior year
Expenses (FY2024)
$1.1M
Net assets
$11.7M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Will J Reid Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating129 mo reserves · +37% 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 Will J Reid Foundation: 129 mo reserves · +37% margin earns a B+ 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 Will J Reid Foundation— 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 Will J Reid Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 2801 E Ocean Blvd, Long Beach, CA, 90803
- City
- Long Beach
- State
- California
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $457K (FY2017) to $1.7M (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $36Net assets $11.7M
Operating margin
37.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$11.7M
Total liabilities
$36
Net assets
$11.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,728,057▲502% | $1,083,809▲15.3% | $11,653,537▲5.9% | $11,653,573▲5.9% | 990PF |
| 2023 | $287,027▲40.5% | $939,604▼7.7% | $11,009,289▼5.6% | $11,009,275▼5.6% | 990PF |
| 2022 | $204,223▼88.1% | $1,017,470▲8.7% | $11,661,866▼6.5% | $11,662,048▼6.5% | 990PF |
| 2021 | $1,711,933▲909% | $936,303▼15.9% | $12,475,113▲6.6% | $12,475,097▲6.6% | 990PF |
| 2020 | $169,644▼91.2% | $1,113,830▲8.3% | $11,699,484▼7.5% | $11,699,710▼7.5% | 990PF |
| 2019 | $1,927,346▲109% | $1,028,046▲77.0% | $12,643,670▲7.7% | $12,645,157▲7.7% | 990PF |
| 2018 | $920,965▲101% | $580,656▼13.2% | $11,744,370▲3.0% | $11,744,042▲3.0% | 990PF |
| 2017 | $457,277 | $669,090 | $11,404,061 | $11,404,313 | 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.
Frequently asked questions
- Is Will J Reid Foundation a legitimate nonprofit?
- Yes. Will J Reid Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 95-6041915, based in Long Beach, California. Donations are tax-deductible.
- What is Will J Reid Foundation's EIN?
- Will J Reid Foundation's Employer Identification Number (EIN) is 95-6041915.
- How much revenue does Will J Reid Foundation report?
- Will J Reid Foundation reported $1,728,057 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Will J Reid Foundation have?
- CharityIndex grades Will J Reid Foundation C+, based on financial health (reserves and operating margin).
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Data for Will J Reid Foundation (EIN 95-6041915) 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.