William R Higgins Jr Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
William R Higgins Jr Foundation Inc is a 501(c)(3) organization based in Wdm, Iowa, registered in 1973, with $61,651 in FY2024 revenue. CharityIndex grades it B.
2155 Se Browns Woods Pl, Wdm, IA, 50265 EIN 23-7321502 Since 1973
Revenue (FY2024)
$62K
▲ 23.8% vs prior year
Expenses (FY2024)
$62K
Net assets
$2.8M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—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 Higgins Jr 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 →
B+Financial health25% of the rating532 mo reserves · -1% 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 Higgins Jr Foundation Inc: 532 mo reserves · -1% 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 Higgins Jr 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 →
CTransparency10% of the rating2 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 Higgins Jr Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $83K (FY2013) to $62K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $2.8M
Operating margin
-0.6%
Spent more than it raised in the latest fiscal year.
Total assets
$2.8M
Total liabilities
$0
Net assets
$2.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $61,651▲23.8% | $62,035▲24.8% | $2,750,993 | $2,750,993 | 990PF |
| 2023 | $49,815▼29.5% | $49,711▼17.9% | $2,751,377▲0.1% | $2,751,377▲0.1% | 990PF |
| 2022 | $70,621▲16.8% | $60,513▲1.8% | $2,749,240▼0.4% | $2,749,240▼0.4% | 990PF |
| 2021 | $60,441▲159% | $59,448▲20.5% | $2,759,617▲0.3% | $2,759,617▲0.3% | 990PF |
| 2020 | $23,293▼62.4% | $49,317▼13.0% | $2,750,915▼0.7% | $2,750,915▼0.7% | 990PF |
| 2019 | $62,031▼10.0% | $56,688▼21.4% | $2,771,452▲0.1% | $2,771,452▲0.1% | 990PF |
| 2018 | $68,936▲5.5% | $72,163▲20.5% | $2,767,984▼0.3% | $2,767,984▼0.3% | 990PF |
| 2017 | $65,323▼36.4% | $59,888▼23.9% | $2,777,605▼11.8% | $2,777,605▼11.8% | 990PF |
| 2016 | $102,696▼46.7% | $78,649▼16.3% | $3,148,031▲1.1% | $3,148,031▲1.1% | 990PF |
| 2014 | $192,649▲133% | $93,955▲11.5% | $3,112,419▲2.0% | $3,112,419▲2.0% | 990PF |
| 2013 | $82,513 | $84,301 | $3,052,197 | $3,052,197 | 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 Higgins Jr Foundation Inc a legitimate nonprofit?
- Yes. William R Higgins Jr Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-7321502, based in Wdm, Iowa. Donations are tax-deductible.
- What is William R Higgins Jr Foundation Inc's EIN?
- William R Higgins Jr Foundation Inc's Employer Identification Number (EIN) is 23-7321502.
- How much revenue does William R Higgins Jr Foundation Inc report?
- William R Higgins Jr Foundation Inc reported $61,651 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does William R Higgins Jr Foundation Inc have?
- CharityIndex grades William R Higgins Jr Foundation Inc B, based on financial health (reserves and operating margin).
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Data for William R Higgins Jr Foundation Inc (EIN 23-7321502) 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.