The Frankie Woolwine Story Inc

Nonprofit profile at a glance

EIN
821024162
IRS 990-EZ coverage
2018–2024
Forms available
Form 990-EZ 2024, Form 990-N 2017
Location
Henrico, VA, USA
Phone
8043399640
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Automotive Safety

Official website

Reported finances

Revenue
$89,915
Expenses
$43,246
Assets
$146,571
Liabilities
$0

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

Leadership & pay

12 people listed

Executive titles in this filing

  • ROY WOOLWINE (PRESIDENT)

People named in this filing

  • ROY WOOLWINE (PRESIDENT)
  • MARSHALL SIMPSON (DIRECTOR)
  • A MICHAEL COLLETTI (TREASURER)

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 educate students of the dangers of distracted or impaired driving by sharing the life story of frank woolwine and to share the far-reaching consequences of a momentary lapse of reason to help young people realize how deeply they are valued and that small, careful decisions can be incredibly important.

What it reported doing in 2024

Speaking engagements and social media marketing to educate students of the dangers of distracted or impaired driving by sharing the life story of frank woolwine and to share the far-reaching consequences of a momentary lapse of reason to help young people realize how deeply they are valued and that small, careful decisions can be incredibly important.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 100
  • Sustainability: 80
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 48.1%; rating input score 48
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

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

Sustainability

  • Operating margin: 51.9%; rating input score 91; 91st percentile among comparable filings
  • Total-asset coverage ratio: 3.39; rating input score 77; 77th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 20.9% per year; rating input score 100; 83rd percentile among comparable filings
  • Revenue growth: 9.8% per year; rating input score 100; 81st percentile among comparable filings
  • Asset growth: 12.7% per year; rating input score 100; 77th percentile among comparable filings

Details

  • Where the money goes: 48.1% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $43K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 6 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 48/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.