William R & Hettie M Gapen Educational Foundation Trust
501(c)(92)
Only null% goes to programs Strong reserves Declining revenue
William R & Hettie M Gapen Educational Foundation Trust is a 501(c)(92) organization based in Beloit, Wisconsin, registered in 1975, with $11,175 in FY2024 revenue. CharityIndex grades it C+.
345 E Grand Ave, Beloit, WI, 53511 EIN 39-6215247 Since 1975
Revenue (FY2024)
$11K
▲ 21.8% vs prior year
Expenses (FY2024)
$7,989
Net assets
$142K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 R & Hettie M Gapen Educational Foundation Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating214 mo reserves · +29% 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 R & Hettie M Gapen Educational Foundation Trust: 214 mo reserves · +29% margin earns a B+ 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 R & Hettie M Gapen Educational Foundation Trust— 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 R & Hettie M Gapen Educational Foundation Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $12K (FY2013) to $11K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $142K
Operating margin
28.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$142K
Total liabilities
$0
Net assets
$142K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $11,175▲21.8% | $7,989▼36.5% | $142,369▲2.3% | $142,369▲2.3% | 990PF |
| 2023 | $9,177▲671% | $12,584▲23.3% | $139,184▼2.4% | $139,184▼2.4% | 990PF |
| 2022 | -$1,607▼110% | $10,209▲34.4% | $142,590▼7.7% | $142,590▼7.7% | 990PF |
| 2021 | $15,658▲55.0% | $7,594▼30.5% | $154,407▲5.5% | $154,407▲5.5% | 990PF |
| 2020 | $10,100▲36.3% | $10,927▲95.0% | $146,343▼0.6% | $146,343▼0.6% | 990PF |
| 2019 | $7,408▲61.0% | $5,604▼29.9% | $147,174▲1.2% | $147,174▲1.2% | 990PF |
| 2018 | $4,601▼35.8% | $7,996▼4.4% | $145,373▼2.3% | $145,373▼2.3% | 990PF |
| 2017 | $7,163▼74.7% | $8,363▲4.6% | $148,768▼0.8% | $148,768▼0.8% | 990PF |
| 2016 | $28,345▲244% | $7,998▲0.1% | $149,968▲15.7% | $149,968▲15.7% | 990PF |
| 2015 | $8,228▼27.6% | $7,990▼7.5% | $129,619▲0.2% | $129,619▲0.2% | 990PF |
| 2014 | $11,366▼4.5% | $8,641▼24.9% | $129,381▲2.2% | $129,381▲2.2% | 990PF |
| 2013 | $11,903 | $11,506▲55.3% | $126,657▲0.3% | $126,657▲0.3% | 990PF |
| 2012 | — | $7,408 | $126,259 | $126,259 | 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.
Frequently asked questions
- Is William R & Hettie M Gapen Educational Foundation Trust a legitimate nonprofit?
- Yes. William R & Hettie M Gapen Educational Foundation Trust is a 501(c)(92) organization registered with the U.S. Internal Revenue Service under EIN 39-6215247, based in Beloit, Wisconsin.
- What is William R & Hettie M Gapen Educational Foundation Trust's EIN?
- William R & Hettie M Gapen Educational Foundation Trust's Employer Identification Number (EIN) is 39-6215247.
- How much revenue does William R & Hettie M Gapen Educational Foundation Trust report?
- William R & Hettie M Gapen Educational Foundation Trust reported $11,175 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does William R & Hettie M Gapen Educational Foundation Trust have?
- CharityIndex grades William R & Hettie M Gapen Educational Foundation Trust C+, based on financial health (reserves and operating margin).
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Data for William R & Hettie M Gapen Educational Foundation Trust (EIN 39-6215247) 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.