William A Williamson Family Foundation
William A Williamson Family Foundation experiences consistent net losses and significant asset decline over the past decade.
EIN: 208038122 · Wilmington, DE · NTEE: T20 · Updated: 2026-03-28
Is William A Williamson Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
William A Williamson Family Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About William A Williamson Family Foundation
William A Williamson Family Foundation (EIN: 208038122) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T20. The organization reported total revenue of $54K and total assets of $202K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of William A Williamson Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
William A Williamson Family Foundation is a micro nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6K |
| Total Expenses | $8K |
| Surplus / Deficit | $-1,863 |
| Total Assets | $198K |
| Total Liabilities | $1 |
| Net Assets | $198K |
| Operating Margin | -31.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 304.1 months |
Financial Health Grade: B
In 2023, William A Williamson Family Foundation reported a deficit of $2K with expenses exceeding revenue, holds 304.1 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 (2011–2023), William A Williamson Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -8.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +43.9% | -0.7% | -0.9% |
| 2022 | -66.2% | +10.0% | -1.8% |
| 2020 | -168.9% | +15.7% | -7.4% |
| 2019 | -61.7% | -96.3% | -60.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 William A Williamson Family Foundation with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 80%
- fundraising: 0%
According to IRS 990 filings, William A Williamson Family Foundation allocates its expenses as follows: admin: 20%, programs: 80%, fundraising: 0%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0%, which is highly favorable and indicates that the foundation's leadership is not drawing a salary, aligning resources directly with the foundation's mission.
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.
Red Flags
The following concerns were identified during AI analysis of William A Williamson Family Foundation's IRS 990 filings:
- Consistent net losses in recent years (e.g., 2023 expenses $7,820 vs. revenue $5,957)
- Significant decline in total assets over the past decade (from $867,939 in 2011 to $198,176 in 2023)
- Negative revenue reported in 2020 ($-8,918)
- Lack of detailed expense breakdown in provided data to fully assess program vs. administrative spending efficiency
Strengths
The following positive indicators were identified for William A Williamson Family Foundation:
- Zero officer compensation reported across all periods, indicating efficient use of funds for mission.
- Very low liabilities ($1 consistently reported), suggesting a strong balance sheet in terms of debt.
- Consistent filing of IRS 990 forms, demonstrating transparency and compliance.
Frequently Asked Questions about William A Williamson Family Foundation
Is William A Williamson Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, William A Williamson Family Foundation (EIN: 208038122) some concerns. Mission Score: 65/100. 4 red flags identified, 3 strengths noted.
How does William A Williamson Family Foundation spend its money?
William A Williamson Family Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to William A Williamson Family Foundation tax-deductible?
William A Williamson Family Foundation is registered as a tax-exempt nonprofit (EIN: 208038122). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the specific nature of the 'expenses' reported, given the foundation's purpose?
Without a detailed breakdown from the full 990 forms, it's unclear how much of the reported expenses (e.g., $7,820 in 2023) are grants to other organizations (program service expenses) versus administrative costs. This is crucial for understanding its direct impact.
Why has the foundation's asset base decreased so significantly from $867,939 in 2011 to $198,176 in 2023?
This substantial decline suggests either significant grantmaking exceeding investment returns and contributions, or poor investment performance, or a combination. Understanding the cause is key to assessing long-term viability.
What accounts for the negative revenue of $-8,918 reported in 2020?
Negative revenue can occur due to investment losses exceeding other income or significant returns of contributions. Clarification would provide insight into the foundation's financial management during that period.
Is the consistent reporting of $1 in liabilities accurate and what does it represent?
While low liabilities are generally good, a consistent $1 liability across all years is unusual and might indicate a specific accounting practice or a placeholder, rather than a true reflection of minor outstanding obligations.
Filing History
IRS 990 filing history for William A Williamson Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), William A Williamson Family Foundation's revenue has declined by 65.5%, moving from $17K to $6K. Total assets decreased by 77.2% over the same period, from $868K to $198K. Total functional expenses fell by 93.2%, from $116K to $8K. In its most recent filing year (2023), William A Williamson Family Foundation reported a deficit of $2K, with expenses exceeding revenue. The organization holds $1 in liabilities against $198K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $198K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6K | $8K | $198K | $1 | — | — |
| 2022 | $4K | $8K | $200K | $1 | — | View 990 |
| 2021 | $12K | $7K | $204K | $1 | — | — |
| 2020 | $-8,918 | $7K | $199K | $1 | — | — |
| 2019 | $13K | $6K | $215K | $1 | — | View 990 |
| 2015 | $34K | $162K | $546K | $1 | — | View 990 |
| 2014 | $50K | $100K | $674K | $1 | — | View 990 |
| 2013 | $24K | $91K | $724K | $1 | — | View 990 |
| 2012 | $26K | $102K | $791K | $1 | — | View 990 |
| 2011 | $17K | $116K | $868K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6K, expenses of $8K, and assets of $198K (revenue +43.9% year-over-year).
- 2022: Revenue of $4K, expenses of $8K, and assets of $200K (revenue -66.2% year-over-year).
- 2021: Revenue of $12K, expenses of $7K, and assets of $204K.
- 2020: Revenue of $-8,918, expenses of $7K, and assets of $199K (revenue -168.9% year-over-year).
- 2019: Revenue of $13K, expenses of $6K, and assets of $215K (revenue -61.7% year-over-year).
- 2015: Revenue of $34K, expenses of $162K, and assets of $546K (revenue -32.2% year-over-year).
- 2014: Revenue of $50K, expenses of $100K, and assets of $674K (revenue +105.2% year-over-year).
- 2013: Revenue of $24K, expenses of $91K, and assets of $724K (revenue -5.0% year-over-year).
- 2012: Revenue of $26K, expenses of $102K, and assets of $791K (revenue +48.0% year-over-year).
- 2011: Revenue of $17K, expenses of $116K, and assets of $868K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for William A Williamson Family Foundation:
Data Sources and Methodology
This transparency report for William A Williamson Family 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.