Willie Fund Corporation
Nonprofit profile at a glance
- EIN
- 872359445
- IRS 990-EZ coverage
- 2022–2023
- Forms available
- Form 990-EZ 2023
- Location
- North Falmouth, MA, USA
- Phone
- 5085666165
- Rating
- 35
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Cancer Research
Reported finances
- Revenue
- $32,241
- Expenses
- $34,688
- Assets
- $28,614
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- CASEY FINIGAN (PRESIDENT)
- MARTIN MCCABE (VICE PRESIDENT)
People named in this filing
- CASEY FINIGAN (PRESIDENT)
- KENNETH DOUGLAS DETTMAN (TREASURER)
- MARTIN MCCABE (VICE PRESIDENT)
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 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The willie fund corporation is a non-profit corporation and shall operate exclusively for educational and charitable purposes within the meaning of section 501(c)(3) of the internal revenue code, or the corresponding section of any future federal tax code. Willie fund corporation's purpose is to raise awareness and provide funding towards the research of squamous cell carcinoma of the head and neck.
What it reported doing in 2023
The Willie Fund was formed in August of 2021 and has raised funds that have since been donated to the Massachusetts Eye and Ear Infirmary to support cancer research
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 82
- Sustainability: 43
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -7.6%; rating input score 35; 35th percentile among comparable filings
- Total-asset coverage ratio: 0.82; rating input score 40; 40th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -42% per year; rating input score 0; 8th percentile among comparable filings
- Asset growth: -8.2% per year; rating input score 0; 19th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2022 to 2023
- Contacts: How to reach this organization
- 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 — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 35/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.