BRONZE2024
GuideStar Charity Check

WARD'S Foundation

EIN: 86-1600365


Mission

We are Working to Advance Rare Disease Support for all families affected by any rare diseases.

Ruling year info

2021

Executive Director

Caroline Winslett

Main address

2820 Selwyn Ave Suite 130, Box 824

Charlotte, NC 28209 USA

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EIN

86-1600365

Subject area info

Foundations

Nonprofits

Health care quality

Health care access

Specialty hospital care

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Population served info

Children and youth

Parents

Caregivers

People with disabilities

Chronically ill people

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NTEE code info

Fund Raising and/or Fund Distribution (G12)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Show Forms 990

Programs and results

What we aim to solve

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This organization has not yet reported any program information.

Where we work

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Financials

WARD'S Foundation
Fiscal year: Jan 01 - Dec 31

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

5.38

Average of 3.56 over 2 years

Months of cash in 2022 info

SOURCE: IRS Form 990

158.9

Average of 102.8 over 2 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

0%

Average of 0% over 2 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

WARD'S Foundation

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

WARD'S Foundation

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

WARD'S Foundation

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of WARD'S Foundation’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Business model indicators

Profitability info 2021 2022
Unrestricted surplus (deficit) before depreciation $75,665 $372,738
As % of expenses 167.0% 895.7%
Unrestricted surplus (deficit) after depreciation $75,665 $372,738
As % of expenses 167.0% 895.7%
Revenue composition info
Total revenue (unrestricted & restricted) $120,986 $422,134
Total revenue, % change over prior year 0.0% 248.9%
Program services revenue 0.0% 0.0%
Membership dues 0.0% 0.0%
Investment income 0.0% 0.0%
Government grants 0.0% 0.0%
All other grants and contributions 100.0% 100.0%
Other revenue 0.0% 0.0%
Expense composition info
Total expenses before depreciation $45,321 $41,612
Total expenses, % change over prior year 0.0% -8.2%
Personnel 0.0% 0.0%
Professional fees 10.2% 24.0%
Occupancy 0.0% 0.0%
Interest 0.0% 1.7%
Pass-through 0.0% 0.0%
All other expenses 89.8% 74.3%
Full cost components (estimated) info 2021 2022
Total expenses (after depreciation) $45,321 $41,612
One month of savings $3,777 $3,468
Debt principal payment $0 $0
Fixed asset additions $0 $0
Total full costs (estimated) $49,098 $45,080

Capital structure indicators

Liquidity info 2021 2022
Months of cash 46.8 158.9
Months of cash and investments 46.8 158.9
Months of estimated liquid unrestricted net assets 20.0 129.3
Balance sheet composition info 2021 2022
Cash $176,575 $550,890
Investments $0 $0
Receivables $0 $0
Gross land, buildings, equipment (LBE) $0 $0
Accumulated depreciation (as a % of LBE) 0.0% 0.0%
Liabilities (as a % of assets) 57.1% 18.6%
Unrestricted net assets $75,665 $448,403
Temporarily restricted net assets N/A N/A
Permanently restricted net assets N/A N/A
Total restricted net assets $0 $0
Total net assets $75,665 $448,403

Key data checks

Key data checks info 2021 2022
Material data errors No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

Executive Director

Caroline Winslett

Number of employees

Source: IRS Form 990

WARD'S Foundation

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
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Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

This organization has no recorded board members.