William K Lee M D Foundation Inc is a 501(c)(3) organization based in Franklin Lks, New Jersey, registered in 1998, with $364,764 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$365K
▲ 21.4% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$283K
Net assets
$5.8M
Employees
—
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 K Lee M D 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 →
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 K Lee M D Foundation Inc: 245 mo reserves · +22% margin earns a B+ 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 William K Lee M D 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 →
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 K Lee M D Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $422K (FY2013) to $365K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
22.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$5.8M
Total liabilities
$0
Net assets
$5.8M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $364,764▲21.4% | $283,347▼5.7% | $5,784,994▲11.0% | $5,784,994▲11.0% | 990PF |
| 2023 | $300,471▲70.8% | $300,625▼7.2% | $5,212,895▲9.6% | $5,212,895▲9.6% | 990PF |
| 2022 | $175,927▼36.7% | $323,810▲94.8% | $4,757,072▼15.0% | $4,757,072▼15.0% | 990PF |
| 2021 | $277,970▼15.4% | $166,259▼7.1% | $5,594,351▲21.4% | $5,594,351▲21.4% | 990PF |
| 2020 | $328,543▼25.3% | $178,998▲14.4% | $4,607,356▲0.1% | $4,607,356▲0.1% | 990PF |
| 2019 | $439,625▲15.6% | $156,447▲42.2% | $4,602,450▲20.7% | $4,602,453▲20.7% | 990PF |
| 2018 | $380,398▼4.4% | $109,993▼15.3% | $3,812,759▼3.3% | $3,812,761▼3.3% | 990PF |
| 2017 | $397,999▲5.1% | $129,865▲38.6% | $3,941,879▲12.3% | $3,941,879▲12.3% | 990PF |
| 2016 | $378,684▼1.1% | $93,675▼42.2% | $3,508,761▲20.7% | $3,508,761▲20.7% | 990PF |
| 2015 | $383,024▼17.9% | $162,040▲24.5% | $2,906,291▼3.4% | $2,906,291▼3.4% | 990PF |
| 2014 | $466,556▲10.6% | $130,190▲34.7% | $3,008,830▲6.8% | $3,008,830▲6.8% | 990PF |
| 2013 | $421,654 | $96,630▲21.2% | $2,816,890▲24.2% | $2,816,890▲24.2% | 990PF |
| 2012 | — | $79,723 | $2,268,628 | $2,268,628 | 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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Data for William K Lee M D Foundation Inc (EIN 22-3507082) 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.