William L Gilbert School Corp is a 501(c)(3) organization based in Winsted, Connecticut, registered in 1991, with $11,458,863 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$11.5M
▲ 27.9% vs prior year
Education median: $200K
Expenses (FY2023)
$9.5M
Net assets
$10.2M
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 William L Gilbert School Corp— 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 L Gilbert School Corp: 13 mo reserves · +17% 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 William L Gilbert School Corp— 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 L Gilbert School Corp: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $8.1M (FY2013) to $11.5M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
17.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$11.0M
Total liabilities
$810K
Net assets
$10.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $11,458,863▲27.9% | $9,470,708▲2.1% | $10,202,384▲24.2% | $11,011,916▲23.0% | 990 |
| 2022 | $8,961,334▲6.1% | $9,272,659▲6.4% | $8,214,229▼3.7% | $8,949,887▼4.4% | 990 |
| 2021 | $8,448,080▲5.6% | $8,717,939▲3.8% | $8,525,554▼3.1% | $9,365,734▼2.7% | 990 |
| 2020 | $8,001,337▼12.7% | $8,401,683▲2.9% | $8,795,413▼4.4% | $9,627,751▼3.9% | 990 |
| 2019 | $9,168,809▲14.4% | $8,163,845▼3.8% | $9,195,759▲12.3% | $10,018,484▲9.3% | 990 |
| 2018 | $8,014,189▼8.7% | $8,482,841▼6.6% | $8,190,795▼5.4% | $9,163,771▼6.0% | 990 |
| 2017 | $8,779,481▲1.3% | $9,079,834▲0.4% | $8,659,447▼3.4% | $9,752,531▼1.4% | 990 |
| 2016 | $8,667,491▲3.3% | $9,044,682▲1.6% | $8,959,800▼4.0% | $9,893,599▼2.7% | 990 |
| 2015 | $8,386,814▲1.1% | $8,901,943▲3.6% | $9,336,991▼5.2% | $10,168,765▼6.4% | 990 |
| 2014 | $8,297,003▲2.2% | $8,589,176▲6.1% | $9,852,120▼2.9% | $10,861,920▼2.2% | 990 |
| 2013 | $8,116,192 | $8,095,444▲5.7% | $10,144,293▲0.2% | $11,105,702▲0.6% | 990 |
| 2012 | — | $7,662,408▲2.6% | $10,123,545▼2.2% | $11,034,304▼1.4% | 990 |
| 2011 | — | $7,466,984 | $10,351,698 | $11,188,401 | 990 |
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 L Gilbert School Corp (EIN 22-3110244) 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.