William A Solemene Charitable Foundation
Only null% goes to programs Strong reserves Declining revenue
William A Solemene Charitable Foundation is a 501(c)(3) organization based in Dallas, Texas, registered in 2017, with $387,821 in FY2024 revenue. CharityIndex grades it F.
6339 Chesley Ln, Dallas, TX, 75214 EIN 81-3593260 Since 2017
Revenue (FY2024)
$388K
▲ 30.7% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$1.1M
Net assets
$7.8M
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 William A Solemene 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 rating84 mo reserves · -190% 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 William A Solemene Charitable Foundation: 84 mo reserves · -190% 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 William A Solemene 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 William A Solemene Charitable Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 6339 Chesley Ln, Dallas, TX, 75214
- City
- Dallas
- State
- Texas
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $4.0M (FY2017) to $388K (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $84Net assets $7.8M
Operating margin
-189.7%
Spent more than it raised in the latest fiscal year.
Total assets
$7.8M
Total liabilities
$84
Net assets
$7.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $387,821▲30.7% | $1,123,450▲55.5% | $7,844,424▼8.6% | $7,844,508▼8.6% | 990PF |
| 2023 | $296,759▼21.6% | $722,605▲3.7% | $8,580,053▼4.7% | $8,580,137▼4.8% | 990PF |
| 2022 | $378,733▼19.0% | $696,753▼10.2% | $9,005,899▼3.5% | $9,008,839▼3.4% | 990PF |
| 2021 | $467,484▲2863% | $775,672▲29.4% | $9,328,728▼3.2% | $9,328,770▼3.2% | 990PF |
| 2020 | $15,778▼95.3% | $599,354▲13.7% | $9,636,916▼5.7% | $9,636,916▼5.7% | 990PF |
| 2019 | $333,333▲13.7% | $527,177▲11.2% | $10,220,492▲7.0% | $10,220,492▲7.0% | 990PF |
| 2018 | $293,287▼92.6% | $474,005▲333% | $9,554,141▲136% | $9,554,141▲136% | 990PF |
| 2017 | $3,969,146 | $109,429 | $4,045,078 | $4,045,078 | 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 William A Solemene Charitable Foundation a legitimate nonprofit?
- Yes. William A Solemene Charitable Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 81-3593260, based in Dallas, Texas. Donations are tax-deductible.
- What is William A Solemene Charitable Foundation's EIN?
- William A Solemene Charitable Foundation's Employer Identification Number (EIN) is 81-3593260.
- How much revenue does William A Solemene Charitable Foundation report?
- William A Solemene Charitable Foundation reported $387,821 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does William A Solemene Charitable Foundation have?
- CharityIndex grades William A Solemene Charitable Foundation F, based on financial health (reserves and operating margin).
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Data for William A Solemene Charitable Foundation (EIN 81-3593260) 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.