William C Herdle Foundation
William C Herdle Foundation shows declining assets over a decade, with zero officer compensation and recent revenue surge.
EIN: 216013323 · Las Vegas, NV · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $107K |
| Total Expenses | $25K |
| Program Spending | 70% |
| Net Assets | $155K |
| Transparency Score | 75/100 |
Is William C Herdle Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
William C Herdle Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About William C Herdle Foundation
William C Herdle Foundation (EIN: 216013323) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code T20. The organization reported total revenue of $107K and total assets of $155K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of William C Herdle Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
William C Herdle Foundation is a small nonprofit that has been operating for 20 years, with 7 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -1.4%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $12K |
| Total Expenses | $25K |
| Surplus / Deficit | $-13,012 |
| Total Assets | $155K |
| Total Liabilities | $1 |
| Net Assets | $155K |
| Operating Margin | -111.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 75.5 months |
Financial Health Grade: B
In 2020, William C Herdle Foundation reported a deficit of $13K with expenses exceeding revenue, holds 75.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 7 years of filings (2011–2020), William C Herdle Foundation's revenue has declined at a compound annual growth rate (CAGR) of -1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -37.1% | +112.2% | -7.7% |
| 2019 | +250.2% | -11.7% | -1.2% |
| 2015 | -60.8% | +8.2% | -4.3% |
| 2014 | +77.6% | +17.6% | +0.7% |
| 2013 | -1.6% | -15.4% | -1.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 C Herdle Foundation with a Mission Score of 75 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: 70%
- fundraising: 10%
According to IRS 990 filings, William C Herdle Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $13K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
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 highly favorable for a small foundation.
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 C Herdle Foundation's IRS 990 filings:
- Consistent decline in assets over the past decade, from $184,455 in 2011 to $155,394 in 2020, indicating expenses often exceed revenue.
- Lack of detailed expense breakdown in the provided data makes it difficult to assess program efficiency and administrative overhead.
Strengths
The following positive indicators were identified for William C Herdle Foundation:
- Zero officer compensation reported across all filings, indicating efficient use of funds for leadership.
- Minimal liabilities ($0-$1) consistently reported, suggesting strong financial solvency and low debt.
- Recent significant increase in revenue to $106,670 (latest period), potentially indicating new funding sources or investment success.
Frequently Asked Questions about William C Herdle Foundation
Is William C Herdle Foundation a legitimate charity?
William C Herdle Foundation (EIN: 216013323) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 75/100. It has 7 years of IRS 990 filings on record. Total revenue: $107K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does William C Herdle Foundation spend its money?
William C Herdle Foundation directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to William C Herdle Foundation tax-deductible?
William C Herdle Foundation is registered as a tax-exempt nonprofit (EIN: 216013323). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of William C Herdle Foundation's spending goes to programs?
William C Herdle Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does William C Herdle Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), William C Herdle Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is William C Herdle Foundation located?
William C Herdle Foundation is headquartered in Las Vegas, Nevada and files with the IRS under EIN 216013323. It is classified under NTEE code T20.
How many years of IRS 990 filings does William C Herdle Foundation have?
William C Herdle Foundation has 7 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 $107K in total revenue.
What caused the significant increase in revenue to $106,670 in the latest period, compared to previous years?
The provided data shows a substantial jump in revenue for the latest period to $106,670, which is significantly higher than any other reported year (e.g., $11,695 in 2020, $18,585 in 2019). This could be due to a large one-time donation, a significant investment gain, or a change in funding strategy. Further details from the full 990 filing would be needed to identify the specific source.
How does the foundation allocate its expenses between program services, administration, and fundraising?
The provided data only includes total expenses for each period (e.g., $24,707 in 2020, $11,642 in 2019). Without a detailed breakdown from the IRS 990, it is not possible to precisely determine the percentage allocated to program services versus administrative or fundraising costs. This information is crucial for assessing spending efficiency.
Why have the foundation's assets steadily declined from $184,455 in 2011 to $155,394 in 2020?
The consistent decline in assets over the decade suggests that the foundation's expenses have generally outpaced its revenue, or there have been significant distributions that were not fully offset by income. For example, in 2020, expenses ($24,707) exceeded revenue ($11,695), contributing to the asset decrease. Understanding the nature of these expenses and distributions would provide more clarity.
Filing History
IRS 990 filing history for William C Herdle Foundation showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2020), William C Herdle Foundation's revenue has declined by 12.1%, moving from $13K to $12K. Total assets decreased by 15.8% over the same period, from $184K to $155K. Total functional expenses rose by 108.6%, from $12K to $25K. In its most recent filing year (2020), William C Herdle Foundation reported a deficit of $13K, with expenses exceeding revenue. The organization holds $1 in liabilities against $155K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $155K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $12K | $25K | $155K | $1 | — | View 990 |
| 2019 | $19K | $12K | $168K | $1 | — | View 990 |
| 2015 | $5K | $13K | $171K | $0 | — | View 990 |
| 2014 | $14K | $12K | $178K | $0 | — | View 990 |
| 2013 | $8K | $10K | $177K | $0 | — | View 990 |
| 2012 | $8K | $12K | $180K | $0 | — | View 990 |
| 2011 | $13K | $12K | $184K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $12K, expenses of $25K, and assets of $155K (revenue -37.1% year-over-year).
- 2019: Revenue of $19K, expenses of $12K, and assets of $168K (revenue +250.2% year-over-year).
- 2015: Revenue of $5K, expenses of $13K, and assets of $171K (revenue -60.8% year-over-year).
- 2014: Revenue of $14K, expenses of $12K, and assets of $178K (revenue +77.6% year-over-year).
- 2013: Revenue of $8K, expenses of $10K, and assets of $177K (revenue -1.6% year-over-year).
- 2012: Revenue of $8K, expenses of $12K, and assets of $180K (revenue -41.8% year-over-year).
- 2011: Revenue of $13K, expenses of $12K, and assets of $184K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for William C Herdle Foundation:
Data Sources and Methodology
This transparency report for William C Herdle 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.