William And Mary Davis Foundation
William And Mary Davis Foundation shows recent financial growth with zero officer compensation.
EIN: 205937655 · Wheaton, IL · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $455K |
| Total Expenses | $207K |
| Program Spending | 85% |
| Net Assets | $258K |
| Transparency Score | 85/100 |
Is William And Mary Davis Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
William And Mary Davis Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About William And Mary Davis Foundation
William And Mary Davis Foundation (EIN: 205937655) is a nonprofit organization based in Wheaton, IL, classified under NTEE code T22. The organization reported total revenue of $455K and total assets of $467K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of William And Mary Davis Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
William And Mary Davis Foundation is a small 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 24.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $356K |
| Total Expenses | $207K |
| Surplus / Deficit | +$149K |
| Total Assets | $258K |
| Total Liabilities | $1 |
| Net Assets | $258K |
| Operating Margin | 41.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 15.0 months |
Financial Health Grade: A
In 2023, William And Mary Davis Foundation reported a surplus of $149K with revenue exceeding expenses, holds 15.0 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 And Mary Davis Foundation's revenue has grown at a compound annual growth rate (CAGR) of 24.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +226.0% | -4.2% | +136.5% |
| 2022 | -35.9% | -27.9% | -49.5% |
| 2021 | -48.1% | +56.5% | -37.2% |
| 2020 | +47.3% | -34.1% | +65.9% |
| 2019 | +3143.9% | +362.7% | +8185.5% |
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 And Mary Davis Foundation 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: 85%
- fundraising: 5%
According to IRS 990 filings, William And Mary Davis Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $149K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no officers receive compensation from the organization. This suggests a volunteer-driven leadership model, which is highly efficient for an organization of its size.
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 And Mary Davis Foundation's IRS 990 filings:
- Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided data prevents precise efficiency analysis.
Strengths
The following positive indicators were identified for William And Mary Davis Foundation:
- Consistent 0% officer compensation, indicating efficient use of funds for leadership.
- Significant revenue growth and positive net income in the latest filing (2023: Revenue $355,596, Expenses $206,850).
- Very low liabilities across all reporting periods, demonstrating strong financial stability.
- Substantial increase in assets in the latest period ($257,709 in 2023 from $108,963 in 2022).
Frequently Asked Questions about William And Mary Davis Foundation
Is William And Mary Davis Foundation a legitimate charity?
William And Mary Davis Foundation (EIN: 205937655) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $455K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does William And Mary Davis Foundation spend its money?
William And Mary Davis Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to William And Mary Davis Foundation tax-deductible?
William And Mary Davis Foundation is registered as a tax-exempt nonprofit (EIN: 205937655). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of William And Mary Davis Foundation's spending goes to programs?
William And Mary Davis Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does William And Mary Davis Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), William And Mary Davis Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is William And Mary Davis Foundation located?
William And Mary Davis Foundation is headquartered in Wheaton, Illinois and files with the IRS under EIN 205937655. It is classified under NTEE code T22.
How many years of IRS 990 filings does William And Mary Davis Foundation have?
William And Mary Davis 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 $455K in total revenue.
Is William And Mary Davis Foundation a good charity?
Based on the available data, the foundation appears to be a good charity, particularly due to its consistent 0% officer compensation and recent positive financial trends. However, a detailed breakdown of program spending versus administrative and fundraising costs would provide a more complete picture of its efficiency.
What is the trend in the foundation's financial health?
The foundation's financial health has shown significant improvement in recent years. After periods of expenses exceeding revenue (e.g., 2022 and 2021), the 2023 filing shows a substantial surplus with revenue of $355,596 against expenses of $206,850, leading to increased assets.
How does the foundation manage its liabilities?
The foundation consistently reports extremely low liabilities, often $1 or $0, across all available filings. This indicates very conservative financial management and a strong balance sheet with minimal debt.
Filing History
IRS 990 filing history for William And Mary Davis Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), William And Mary Davis Foundation's revenue has grown by 1291.7%, moving from $26K to $356K. Total assets increased by 281.7% over the same period, from $68K to $258K. Total functional expenses rose by 709.3%, from $26K to $207K. In its most recent filing year (2023), William And Mary Davis Foundation reported a surplus of $149K, with revenue exceeding expenses. The organization holds $1 in liabilities against $258K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $258K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $356K | $207K | $258K | $1 | — | View 990 |
| 2022 | $109K | $216K | $109K | $1 | — | View 990 |
| 2021 | $170K | $299K | $216K | $1 | — | View 990 |
| 2020 | $328K | $191K | $343K | $1 | — | View 990 |
| 2019 | $223K | $290K | $207K | $1 | — | View 990 |
| 2015 | $7K | $63K | $2K | $0 | — | View 990 |
| 2014 | $57K | $52K | $59K | $0 | — | View 990 |
| 2013 | $26K | $14K | $54K | $0 | — | View 990 |
| 2012 | $38 | $24K | $43K | $0 | — | View 990 |
| 2011 | $26K | $26K | $68K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $356K, expenses of $207K, and assets of $258K (revenue +226.0% year-over-year).
- 2022: Revenue of $109K, expenses of $216K, and assets of $109K (revenue -35.9% year-over-year).
- 2021: Revenue of $170K, expenses of $299K, and assets of $216K (revenue -48.1% year-over-year).
- 2020: Revenue of $328K, expenses of $191K, and assets of $343K (revenue +47.3% year-over-year).
- 2019: Revenue of $223K, expenses of $290K, and assets of $207K (revenue +3143.9% year-over-year).
- 2015: Revenue of $7K, expenses of $63K, and assets of $2K (revenue -87.9% year-over-year).
- 2014: Revenue of $57K, expenses of $52K, and assets of $59K (revenue +123.0% year-over-year).
- 2013: Revenue of $26K, expenses of $14K, and assets of $54K (revenue +67068.4% year-over-year).
- 2012: Revenue of $38, expenses of $24K, and assets of $43K (revenue -99.9% year-over-year).
- 2011: Revenue of $26K, expenses of $26K, and assets of $68K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for William And Mary Davis Foundation:
Data Sources and Methodology
This transparency report for William And Mary Davis 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.