Don Sherwood Endowment Charitable Trust

Nonprofit profile at a glance

EIN
911823640
IRS 990-EZ coverage
2009–2024
Forms available
Form 990-EZ 2024
Location
Walla Walla, WA, USA
Phone
5097313591
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Named Trusts N.E.C.

Reported finances

Revenue
$625
Expenses
$21,984
Assets
$478,190

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • Tim Ruybalid (President)
  • Elizabeth Chamberlain (Past President)
  • Kathryn Trommald (President Elect)

People named in this filing

  • Tim Ruybalid (President)
  • Elizabeth Chamberlain (Past President)
  • Bob Francis (Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide scholarships to local students.

What it reported doing in 2024

Annually donations are made to this endowment fund, primarily from Rotary Club Members. However, periodically major fund drives are made to add to the endowment which results in higher donations during those years. The Sherwood Trust, a private foundation, has made matching grants to encourage donations. These large donations tip the calculation of public support to less than the 33-1/3% that is required. The Rotary Club board members, which also govern the Don Sherwood Endowment Charitable Trust, is voted on by over 200 Rotary members, thus broadly representing the community and general public. Thus the organization believes it meets the facts and circumstances test.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 62
  • Transparency & Controls: 82
  • Sustainability: 35
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -3,417.4%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 21.75; rating input score 96; 96th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 2.2% per year; rating input score 100; 55th percentile among comparable filings
  • Revenue growth: -5.3% per year; rating input score 0; 33rd percentile among comparable filings
  • Asset growth: 1.7% per year; rating input score 100; 45th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 15 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 1/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.