Will S Way Foundation is a 501(c)(3) organization based in Glencoe, Illinois, registered in 2014, with $41,568 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$42K
▲ 75.4% vs prior year
Health median: $840K
Expenses (FY2024)
$29K
Net assets
$47K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 S Way 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 Will S Way Foundation: 20 mo reserves · +31% margin earns a A 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 Will S Way 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 Will S Way Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $68K (FY2015) to $42K (FY2024) across 10 reported years.
Financial snapshot
Operating margin
31.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$47K
Net assets
$47K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $41,568▲75.4% | $28,502▼7.4% | $47,129▲38.4% | $47,129▲38.4% | 990EZ |
| 2023 | $23,700▼47.5% | $30,790▼17.1% | $34,063▼17.2% | $34,063▼17.2% | 990EZ |
| 2022 | $45,111▲14.4% | $37,130▼22.9% | $41,153▲24.1% | $41,153▲24.1% | 990EZ |
| 2021 | $39,446▼16.3% | $48,180▲31.7% | $33,172▼20.8% | $33,172▼20.8% | 990EZ |
| 2020 | $47,108▲181% | $36,595▲120% | $41,906▲33.5% | $41,906▲33.5% | 990EZ |
| 2019 | $16,747▼65.8% | $16,666▼64.5% | $31,393▲0.3% | $31,393▲0.3% | 990EZ |
| 2018 | $48,905▼28.2% | $46,993▼8.6% | $31,312▲6.5% | $31,312▲6.5% | 990EZ |
| 2017 | $68,110▲6.1% | $51,394▼45.1% | $29,400▲132% | $29,400▲132% | 990EZ |
| 2016 | $64,192▼6.2% | $93,587▲89.4% | $12,684▼69.9% | $12,684▼69.9% | 990EZ |
| 2015 | $68,410 | $49,405 | $42,079 | $42,079 | 990EZ |
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.
4 grants to Will S Way Foundation totaling $64K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2024 | $7,008 |
| Network For Good Inc | Unrestricted | 2022 | $32,500 |
| Network For Good Inc | Unrestricted | 2021 | $18,739 |
| Network For Good Inc | Unrestricted | 2020 | $6,225 |
Explore more
Data for Will S Way Foundation (EIN 46-5435938) 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.