William B Orkin Foundation Inc

William B Orkin Foundation maintains substantial assets despite highly volatile annual revenues.

EIN: 202011970 · Milton, GA · NTEE: T20 · Updated: 2026-03-28

$2.0MRevenue

$16.5MAssets

80/100Mission Score (Excellent)

T20

About William B Orkin Foundation Inc

William B Orkin Foundation Inc (EIN: 202011970) is a nonprofit organization based in Milton, GA, classified under NTEE code T20. The organization reported total revenue of $2.0M and total assets of $16.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of William B Orkin Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The William B Orkin Foundation Inc. demonstrates a consistent pattern of significant asset holdings, currently at $16,467,564, which suggests a strong endowment or investment base. However, its financial performance in recent years has been highly volatile, with revenue fluctuating wildly, including a negative revenue of $-427,883 in 2022 and a substantial $5,236,930 in 2021. This volatility makes it challenging to assess consistent operational funding. The foundation consistently reports zero officer compensation, which is a positive indicator of efficient use of funds at the executive level and strong transparency regarding leadership costs.

Spending efficiency is difficult to fully ascertain without a detailed breakdown of program, administrative, and fundraising expenses from the provided data. However, the foundation's expenses have generally been around $1 million annually in recent periods, while its assets have remained robust. The consistent reporting of minimal liabilities (often $1 or $0) indicates sound financial management and low debt burden. The foundation's NTEE code T20 (Philanthropy, Voluntarism, and Grantmaking Foundations) suggests its primary activity is grantmaking, which typically involves lower administrative overhead compared to direct service charities.

Overall, the foundation appears financially stable due to its substantial assets and minimal liabilities. Its transparency is commendable regarding executive compensation. However, the extreme fluctuations in annual revenue warrant closer examination to understand the underlying financial strategy and sustainability of its grantmaking activities. Without a detailed expense breakdown, a precise assessment of spending efficiency across program, admin, and fundraising categories is not possible.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates William B Orkin Foundation Inc with a Mission Score of 80 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 B Orkin Foundation Inc 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.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is a highly efficient use of funds at the leadership level.

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 B Orkin Foundation Inc's IRS 990 filings:

Highly volatile annual revenue, making financial planning and consistent grantmaking potentially challenging.
Significant negative revenue reported in 2022 ($-427,883) which could indicate substantial investment losses or unusual accounting adjustments.

Strengths

The following positive indicators were identified for William B Orkin Foundation Inc:

Substantial and stable asset base ($16,467,564 currently) providing long-term financial security.
Consistently reports 0% officer compensation, indicating highly efficient use of funds at the executive level.
Minimal liabilities (often $0 or $1) across all filings, demonstrating strong financial health and low debt.
Long history of IRS 990 filings (10 filings), suggesting consistent compliance and transparency.

Frequently Asked Questions about William B Orkin Foundation Inc

How does the William B Orkin Foundation Inc. generate its revenue, given the extreme fluctuations?

The provided data shows highly volatile revenue, ranging from negative revenue of $-427,883 in 2022 to $5,236,930 in 2021. This suggests a reliance on investment returns, capital gains/losses, or large, infrequent contributions rather than consistent operational income.

What is the primary purpose of the foundation's expenses, given its NTEE code T20?

As a T20 (Philanthropy, Voluntarism, and Grantmaking Foundations) organization, the majority of its expenses are likely in the form of grants or contributions made to other organizations, fulfilling its mission as a grantmaking entity.

Is the foundation's asset base growing or shrinking?

The foundation's assets have fluctuated but generally remained robust, from $5,368,230 in 2011 to $16,467,564 currently, peaking at $19,363,584 in 2021. While there's been a slight decrease from its 2021 peak, the overall trend over the long term shows significant growth.

Filing History

IRS 990 filing history for William B Orkin Foundation Inc showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), William B Orkin Foundation Inc's revenue has declined by 86.8%, moving from $691K to $91K. Total assets increased by 212.5% over the same period, from $5.4M to $16.8M. Total functional expenses rose by 226%, from $306K to $997K. In its most recent filing year (2023), William B Orkin Foundation Inc reported a deficit of $906K, with expenses exceeding revenue. The organization holds $1 in liabilities against $16.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $16.8M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$91K	$997K	$16.8M	$1	—	—
2022	$-427,883	$1.2M	$17.8M	$1	—	View 990
2021	$5.2M	$1.3M	$19.4M	$1	—	View 990
2020	$213K	$1.1M	$15.4M	$1	—	—
2019	$180K	$908K	$16.2M	$1	—	—
2015	$7.1M	$641K	$17.7M	$0	—	View 990
2014	$6.4M	$535K	$11.2M	$0	—	View 990
2013	$451K	$315K	$5.3M	$0	—	View 990
2012	$170K	$394K	$5.1M	$0	—	View 990
2011	$691K	$306K	$5.4M	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $91K, expenses of $997K, and assets of $16.8M.
2022: Revenue of $-427,883, expenses of $1.2M, and assets of $17.8M (revenue -108.2% year-over-year).
2021: Revenue of $5.2M, expenses of $1.3M, and assets of $19.4M (revenue +2356.8% year-over-year).
2020: Revenue of $213K, expenses of $1.1M, and assets of $15.4M (revenue +18.4% year-over-year).
2019: Revenue of $180K, expenses of $908K, and assets of $16.2M (revenue -97.5% year-over-year).
2015: Revenue of $7.1M, expenses of $641K, and assets of $17.7M (revenue +11.0% year-over-year).
2014: Revenue of $6.4M, expenses of $535K, and assets of $11.2M (revenue +1323.1% year-over-year).
2013: Revenue of $451K, expenses of $315K, and assets of $5.3M (revenue +165.6% year-over-year).
2012: Revenue of $170K, expenses of $394K, and assets of $5.1M (revenue -75.4% year-over-year).
2011: Revenue of $691K, expenses of $306K, and assets of $5.4M.

Data Sources and Methodology

This transparency report for William B Orkin 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.