Wade a and Ruby O Wallinger Foundation INC EIN 46-5015111 Form 990 (PDF) Claim this org

Wade a and Ruby O Wallinger Foundation INC

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A private foundation based in Kingwood, TX. It reported about $191K in revenue for 2025. For fiscal year 2025 it reported $191K in revenue, $103K in expenses, and $1.3M in net assets.Pt I

Type
Private foundation / grantmaker · Foundations & Grantmakers
Location
Kingwood, TX
Filings
6 on file (2020–2025)
Revenue
$191KFY2025
Expenses
$103K
Net assets
$1.3M
People
4
Filings
6
Updates
0
More identity details & actions ⌄
EIN  46-5015111 Private foundation / grantmaker Kingwood, TX
Form 990 (PDF)
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Size
$100K–1M
What they do
A private foundation based in Kingwood, TX. It reported about $191K in revenue for 2025.
Leadership
Ruby O Wallinger · President/Direc
Money in and out
$191K revenue, $103K expenses
Bottom line
Grants paid & assets · FY2025
Total revenue
$191K
Pt VIII · Ln 12
Total expenses
$103K
Pt IX · Ln 25
Net assets
$1.3M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $88K
Total assets
1.3M
deployed as grants and operations
Grants paid
88K
in FY2025
Grants made
22grants
total in period
Payout rate
7%
of assets (5% rule)

Who They Fund

Part XV · grants paid · 22 grants · $88K · 2025–2025
Holy Comforter Luther ChurchFY2025$52,000
Ocean Park Food BankFY2025$5,000
The Hive FoundationFY2025$5,000
Foster's Home for ChildrenFY2025$5,000
Village Learning CenterFY2025$5,000
New Horizons of Nw FlFY2025$3,000
Kingwood Robotics Booster ClubFY2025$2,500
Holy Comforter ChurchFY2025$2,500
Avondale HouseFY2025$1,000
HaamFY2025$1,000
Reason FoundationFY2025$1,000
Humble Isd FoundationFY2025$1,000
Star of Hope MissionFY2025$1,000
Nonpareil InstituteFY2025$1,000
YMCA of Greater HoustonFY2025$1,000
Special Olympics TexasFY2025$500
Lutherhill MinistriesFY2025$213
Southeast Texas Food BankFY2025$125
See all 22 grants →

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$4K
Median grantPart XV$1K
Largest grantPart XV$52K

Summary of the Filing

Part I · fiscal year 2025 · Form 990-PF
Revenue
$191K
FY2025▲ +462%
Expenses
$103K
FY2025▼ -3%
Total assets
$1.3M
FY2025▲ +8%
Total liabilities
$9K
FY2025▲ +157%
Total revenue
$191K
Pt VIII · Ln 12
Total expenses
$103K
Pt IX · Ln 25
Net assets
$1.3M
Pt X · Ln 32
Total assetsPt II$1.3M

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CWade a and Ruby O Wallinger Foundation INC
EINHdr · item D46-5015111
Principal addressHdr · item CKingwood, TX
WebsiteHdr · item Jnone reported
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T20)
Ruling yearIRS BMFJan 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a
Whistleblower policyPt VI · Ln 13
Document retention policyPt VI · Ln 14
CEO/top-official compensation independently reviewedPt VI · Ln 15a
Family or business relationships among officers/directorsPt VI · Ln 2

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President/Direc
$0Pt VII · Sec A
Sec./Treas/Dire
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Wade a and Ruby O Wallinger Foundation INC executive salaries →

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Statement of Revenue

Part VIII
Investment income100%$191K
Total revenueLn 12$191K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.86 Operating & administrative $0.14
Grants & contributions paid86%$88K
Operating & administrative14%$15K
Total functional expensesLn 25$103K

Balance Sheet

Part X · end of year
CashLn 1$56K
Total assetsLn 16$1.3M
Total liabilitiesLn 26$9K
Total net assetsLn 32$1.3M
Months of cash on handcomputed6.5

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $1.3M
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $191K
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $191K
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $191K · Prior year $34K
+462%
Revenue CAGR
FY2020 $189K · FY2025 $191K
+0.3%
Net-asset trend (YoY)
End of year $1.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $191K · Expenses $103K
+46%
Liabilities-to-Assets
Total liabilities — · Total assets $1.3M
Net-asset ratio
Net assets $1.3M · Total assets $1.3M
99%
People & payroll
Highest Reported Total Compensation
Individual Ruby O Wallinger · Reported title PRESIDENT/DIREC · Highest reported compensation $0 · Total expenses $103K
0%
Personnel share
not reported
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth 462%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$191K revenue · viewing · ⤓ 990 PDF
FY2024$34K revenue · ⤓ 990 PDF
FY2023$186K revenue · ⤓ 990 PDF
FY2022$215K revenue · ⤓ 990 PDF
FY2021$298K revenue · ⤓ 990 PDF
FY2020$189K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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