Willard E Borchers Family Charitable Foundation
Only null% goes to programs Strong reserves Declining revenue
Willard E Borchers Family Charitable Foundation is a 501(c)(3) organization based in Hastings, Nebraska, registered in 2003, with $31,981 in FY2024 revenue. CharityIndex grades it F.
Po Box 1151, Hastings, NE, 68902 EIN 02-0641115 Since 2003
Revenue (FY2024)
$32K
▲ 38.7% vs prior year
Education median: $200K
Expenses (FY2024)
$61K
Net assets
$834K
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 Willard E Borchers Family Charitable Foundation— 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 rating165 mo reserves · -89% 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 Willard E Borchers Family Charitable Foundation: 165 mo reserves · -89% 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 Willard E Borchers Family Charitable 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 Willard E Borchers Family Charitable Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 1151, Hastings, NE, 68902
- City
- Hastings
- State
- Nebraska
- Category
- Education
- Subcategory
- Student Services & Aid
Financial trends
Revenue declined from $39K (FY2013) to $32K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $2,000Net assets $834K
Operating margin
-89.2%
Spent more than it raised in the latest fiscal year.
Total assets
$836K
Total liabilities
$2,000
Net assets
$834K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $31,981▲38.7% | $60,500▲120% | $834,120▼3.3% | $836,120▼3.3% | 990PF |
| 2023 | $23,053▼67.4% | $27,538▼51.4% | $862,638▼0.5% | $864,638▼0.5% | 990PF |
| 2022 | $70,747▼45.1% | $56,622▲60.1% | $867,124▲1.7% | $869,124▲1.7% | 990PF |
| 2021 | $128,848▲380% | $35,363▼18.6% | $852,999▲12.3% | $854,999▲12.3% | 990PF |
| 2020 | $26,828▼5.1% | $43,457▲27.3% | $759,514▼2.1% | $761,514▼2.1% | 990PF |
| 2019 | $28,263▼14.6% | $34,136▼14.2% | $776,143▼0.5% | $778,143▼0.5% | 990PF |
| 2018 | $33,102▲31.2% | $39,782▲8.7% | $780,430▼0.8% | $782,430▼0.8% | 990PF |
| 2017 | $25,230▼10.2% | $36,609▼37.0% | $787,110▼1.4% | $789,110▼1.4% | 990PF |
| 2016 | $28,091▲31.7% | $58,097▲73.4% | $798,489▼3.8% | $800,489▼3.8% | 990PF |
| 2015 | $21,335▼20.5% | $33,511▼17.9% | $830,082▼1.4% | $832,082▼1.4% | 990PF |
| 2014 | $26,825▼31.7% | $40,826▲6.1% | $842,258▼1.6% | $844,258▼1.6% | 990PF |
| 2013 | $39,260 | $38,485▲14.9% | $856,259▲0.1% | $858,259▲0.1% | 990PF |
| 2012 | — | $33,506▼29.3% | $855,485▼1.8% | $857,485▼1.8% | 990PF |
| 2011 | — | $47,380▲7.4% | $871,193▲1.3% | $873,193▼0.4% | 990PF |
| 2010 | — | $44,098 | $859,720 | $876,848 | 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 Willard E Borchers Family Charitable Foundation a legitimate nonprofit?
- Yes. Willard E Borchers Family Charitable Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 02-0641115, based in Hastings, Nebraska. Donations are tax-deductible.
- What is Willard E Borchers Family Charitable Foundation's EIN?
- Willard E Borchers Family Charitable Foundation's Employer Identification Number (EIN) is 02-0641115.
- How much revenue does Willard E Borchers Family Charitable Foundation report?
- Willard E Borchers Family Charitable Foundation reported $31,981 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Willard E Borchers Family Charitable Foundation have?
- CharityIndex grades Willard E Borchers Family Charitable Foundation F, based on financial health (reserves and operating margin).
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Data for Willard E Borchers Family Charitable Foundation (EIN 02-0641115) 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.