Louis Dejoy And Aldona Z Wos Family Foundation Inc
Louis Dejoy And Aldona Z Wos Family Foundation maintains substantial assets with no reported officer compensation.
EIN: 203466009 · Greensboro, NC · NTEE: T22 · Updated: 2026-03-28
Is Louis Dejoy And Aldona Z Wos Family Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Louis Dejoy And Aldona Z Wos Family Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Louis Dejoy And Aldona Z Wos Family Foundation Inc
Louis Dejoy And Aldona Z Wos Family Foundation Inc (EIN: 203466009) is a nonprofit organization based in Greensboro, NC, classified under NTEE code T22. The organization reported total revenue of $25.7M and total assets of $44.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Louis Dejoy And Aldona Z Wos Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Louis Dejoy And Aldona Z Wos Family Foundation Inc is a large nonprofit that has been operating for 21 years, with 9 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 15.5%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.5M |
| Total Expenses | $3.4M |
| Surplus / Deficit | $-934,040 |
| Total Assets | $49.1M |
| Total Liabilities | $275K |
| Net Assets | $48.8M |
| Operating Margin | -38.1% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 173.9 months |
Financial Health Grade: B
In 2022, Louis Dejoy And Aldona Z Wos Family Foundation Inc reported a deficit of $934K with expenses exceeding revenue, holds 173.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2022), Louis Dejoy And Aldona Z Wos Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -23.6% | +18.4% | -2.0% |
| 2021 | -42.6% | -6.8% | +-0.0% |
| 2020 | -37.7% | -8.2% | +6.1% |
| 2019 | +728.7% | +172.1% | +74.2% |
| 2015 | -94.9% | -6.0% | -0.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Louis Dejoy And Aldona Z Wos Family Foundation Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Louis Dejoy And Aldona Z Wos Family Foundation Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $934K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers, which is a strong positive for resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Louis Dejoy And Aldona Z Wos Family Foundation Inc:
- Strong asset growth and financial stability, with assets reaching $49,083,649 in 2022.
- No reported officer compensation across all filings, indicating efficient use of funds.
- Low liabilities relative to assets, demonstrating a healthy balance sheet.
- Consistent philanthropic activity as evidenced by significant expenses (e.g., $3,386,428 in 2022) relative to its operational structure.
Frequently Asked Questions about Louis Dejoy And Aldona Z Wos Family Foundation Inc
Is Louis Dejoy And Aldona Z Wos Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Louis Dejoy And Aldona Z Wos Family Foundation Inc (EIN: 203466009) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Louis Dejoy And Aldona Z Wos Family Foundation Inc spend its money?
Louis Dejoy And Aldona Z Wos Family Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Louis Dejoy And Aldona Z Wos Family Foundation Inc tax-deductible?
Louis Dejoy And Aldona Z Wos Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203466009). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the primary focus of the grants made by the Louis Dejoy And Aldona Z Wos Family Foundation?
As a private foundation (NTEE T22), the organization primarily engages in grant-making. While the IRS 990 data confirms its financial capacity for grants, the specific areas or causes it supports are not detailed in the provided financial summary. Further investigation into its grant recipients would be necessary to understand its programmatic focus.
How does the foundation manage its significant asset base?
The foundation has consistently grown its assets, from $354,471 in 2011 to $44,484,974 currently, and $49,083,649 in 2022. This indicates effective investment and management strategies, allowing it to maintain a substantial endowment for future philanthropic activities.
Are there any liabilities that could impact the foundation's long-term financial health?
Liabilities have generally been very low relative to assets. For example, in 2022, liabilities were $275,323 against assets of $49,083,649. This suggests a very healthy balance sheet with minimal financial obligations that could threaten its long-term stability.
Filing History
IRS 990 filing history for Louis Dejoy And Aldona Z Wos Family Foundation Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2022), Louis Dejoy And Aldona Z Wos Family Foundation Inc's revenue has grown by 390.1%, moving from $500K to $2.5M. Total assets increased by 13747% over the same period, from $354K to $49.1M. Total functional expenses rose by 985.5%, from $312K to $3.4M. In its most recent filing year (2022), Louis Dejoy And Aldona Z Wos Family Foundation Inc reported a deficit of $934K, with expenses exceeding revenue. The organization holds $275K in liabilities against $49.1M in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $48.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $2.5M | $3.4M | $49.1M | $275K | — | View 990 |
| 2021 | $3.2M | $2.9M | $50.1M | $289K | — | View 990 |
| 2020 | $5.6M | $3.1M | $50.1M | $1.0M | — | View 990 |
| 2019 | $9.0M | $3.3M | $47.2M | $432K | — | View 990 |
| 2015 | $1.1M | $1.2M | $27.1M | $1 | — | View 990 |
| 2014 | $21.4M | $1.3M | $27.2M | $0 | — | View 990 |
| 2013 | $1.1M | $748K | $7.1M | $0 | — | View 990 |
| 2012 | $7.0M | $647K | $6.7M | $0 | — | View 990 |
| 2011 | $500K | $312K | $354K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $2.5M, expenses of $3.4M, and assets of $49.1M (revenue -23.6% year-over-year).
- 2021: Revenue of $3.2M, expenses of $2.9M, and assets of $50.1M (revenue -42.6% year-over-year).
- 2020: Revenue of $5.6M, expenses of $3.1M, and assets of $50.1M (revenue -37.7% year-over-year).
- 2019: Revenue of $9.0M, expenses of $3.3M, and assets of $47.2M (revenue +728.7% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.2M, and assets of $27.1M (revenue -94.9% year-over-year).
- 2014: Revenue of $21.4M, expenses of $1.3M, and assets of $27.2M (revenue +1767.9% year-over-year).
- 2013: Revenue of $1.1M, expenses of $748K, and assets of $7.1M (revenue -83.7% year-over-year).
- 2012: Revenue of $7.0M, expenses of $647K, and assets of $6.7M (revenue +1305.1% year-over-year).
- 2011: Revenue of $500K, expenses of $312K, and assets of $354K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Louis Dejoy And Aldona Z Wos Family Foundation Inc:
Data Sources and Methodology
This transparency report for Louis Dejoy And Aldona Z Wos Family Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.