Sid And Jane Willis Foundation
EIN: 731435564 · Madill, OK
| Metric | Value |
|---|---|
| Total Revenue | $41K |
| Total Expenses | $32K |
| Net Assets | $408K |
Is Sid And Jane Willis Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sid And Jane Willis Foundation
Sid And Jane Willis Foundation (EIN: 731435564) is a nonprofit organization based in Madill, OK. The organization reported total revenue of $41K and total assets of $400K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sid And Jane Willis Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sid And Jane Willis Foundation is a micro nonprofit that has been operating for 33 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 1.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $23K |
| Total Expenses | $32K |
| Surplus / Deficit | $-9,126 |
| Total Assets | $408K |
| Total Liabilities | $1 |
| Net Assets | $408K |
| Operating Margin | -40.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 153.3 months |
Financial Health Grade: B
In 2024, Sid And Jane Willis Foundation reported a deficit of $9K with expenses exceeding revenue, holds 153.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2012–2024), Sid And Jane Willis Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -40.3% | -38.4% | -2.2% |
| 2023 | +39.9% | +18.4% | -3.2% |
| 2022 | +13.1% | +10.9% | -3.3% |
| 2021 | +16.5% | +5.2% | -3.3% |
| 2020 | +20.0% | +20.7% | -11.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sid And Jane Willis Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Sid And Jane Willis Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $9K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Sid And Jane Willis Foundation
Is Sid And Jane Willis Foundation a legitimate charity?
Sid And Jane Willis Foundation (EIN: 731435564) is a registered tax-exempt nonprofit based in Oklahoma. It has 10 years of IRS 990 filings on record. Total revenue: $41K. No red flags identified. Financial health grade: B.
How does Sid And Jane Willis Foundation spend its money?
Sid And Jane Willis Foundation reported $41K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Sid And Jane Willis Foundation tax-deductible?
Sid And Jane Willis Foundation is registered as a tax-exempt nonprofit (EIN: 731435564). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sid And Jane Willis Foundation located?
Sid And Jane Willis Foundation is headquartered in Madill, Oklahoma and files with the IRS under EIN 731435564.
How many years of IRS 990 filings does Sid And Jane Willis Foundation have?
Sid And Jane Willis Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $41K in total revenue.
Filing History
IRS 990 filing history for Sid And Jane Willis Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Sid And Jane Willis Foundation's revenue has grown by 17%, moving from $20K to $23K. Total assets decreased by 29.7% over the same period, from $581K to $408K. Total functional expenses rose by 4.2%, from $31K to $32K. In its most recent filing year (2024), Sid And Jane Willis Foundation reported a deficit of $9K, with expenses exceeding revenue. The organization holds $1 in liabilities against $408K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $408K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $23K | $32K | $408K | $1 | — | — |
| 2023 | $38K | $52K | $417K | $1 | — | View 990 |
| 2022 | $27K | $44K | $431K | $1 | — | — |
| 2021 | $24K | $39K | $445K | $1 | — | — |
| 2020 | $21K | $38K | $461K | $1 | — | — |
| 2016 | $17K | $31K | $520K | $1 | — | View 990 |
| 2015 | $12K | $19K | $533K | $1 | — | View 990 |
| 2014 | $19K | $41K | $540K | $1 | — | View 990 |
| 2013 | $18K | $37K | $562K | $1 | — | View 990 |
| 2012 | $20K | $31K | $581K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $23K, expenses of $32K, and assets of $408K (revenue -40.3% year-over-year).
- 2023: Revenue of $38K, expenses of $52K, and assets of $417K (revenue +39.9% year-over-year).
- 2022: Revenue of $27K, expenses of $44K, and assets of $431K (revenue +13.1% year-over-year).
- 2021: Revenue of $24K, expenses of $39K, and assets of $445K (revenue +16.5% year-over-year).
- 2020: Revenue of $21K, expenses of $38K, and assets of $461K (revenue +20.0% year-over-year).
- 2016: Revenue of $17K, expenses of $31K, and assets of $520K (revenue +38.8% year-over-year).
- 2015: Revenue of $12K, expenses of $19K, and assets of $533K (revenue -34.0% year-over-year).
- 2014: Revenue of $19K, expenses of $41K, and assets of $540K (revenue +2.8% year-over-year).
- 2013: Revenue of $18K, expenses of $37K, and assets of $562K (revenue -6.1% year-over-year).
- 2012: Revenue of $20K, expenses of $31K, and assets of $581K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sid And Jane Willis Foundation:
Data Sources and Methodology
This transparency report for Sid And Jane Willis Foundation 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.