The Willowbrook Foundation FY2023 filing

Collierville, TNUnknown exempt organization EIN 64-0303074Revenue $947 in FY2023

On file with the IRS4514 E Woodlawn Circle · Collierville, TN

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Provide medical services to elderly and indigent

Mission: Form 990 Part I, line 1

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FY2023 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average surplus $10K a year · 7% of revenue · last 5 filings
Worth a look: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
78 mo
of spending, in cash
Looks good: 77.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$4K
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$947
-90% vs prior year
Spent
$3K
To programs
0%
Net assets
$112K
By yearFY2020–FY2024
Revenue
$947
FY2023▼ -90%
Tap a bar for its year
Revenue by fiscal year
FY2020$771K
FY2021$339
FY2022$9K
FY2023$947
FY2024$1K
Expenses
$3K
FY2023▼ -99%
Tap a bar for its year
Expenses by fiscal year
FY2020$311K
FY2021$26K
FY2022$389K
FY2023$3K
FY2024$2K
Net assets
$112K
FY2023▼ -2%
Tap a bar for its year
Net assets by fiscal year
FY2020$520K
FY2021$494K
FY2022$115K
FY2023$112K
FY2024$0

From the FY2023 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Management & general 100% · $3K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
See The Willowbrook Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Offers medical care to elderly and poor individuals.

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Provided by the organization

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1 program · in their own filed words · FY2023
01

Provide medical services to elderly and indigent patients at their residence

Pt IX · col B

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$947
Ln 12
Investment incomeLn 3$920
Other incomeLn 4–11$27
Money outPt IX
$3K
Ln 25
Managementcol C$3K
Owns and owesPt X
$112K
net assets · Ln 32
Cash and savingsLn 1–2$22K
Total assetsLn 16$116K
LiabilitiesLn 26$4K
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$920
Other incomeLn 4–11$27
Total revenueLn 12$947
Assets in detailPt X, end of year
CashLn 1$22K
Cash and savings togetherLn 1–2$22K
Other assetsLn 15$94K
Total assetsLn 16$116K
LiabilitiesLn 26$4K
Net assetsLn 32$112K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$25K$22K
Total assetsLn 16$119K$116K
LiabilitiesLn 26$4K$4K
Net assetsLn 32$115K$112K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$3K$3K
Investment management feesLn 11f$450$450
Other expenses (24a–d)Ln 24$110$110
Total functional expensesLn 25$3K$0$3K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1K$2K−$823$0 990 PDF
FY2023 Viewing $947$3K−$2K$112K 990 PDF
FY2022 $9K$389K−$380K$115K 990 PDF
FY2021 $339$26K−$26K$494K 990 PDF
FY2020 $771K$311K$461K$520K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $947 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenue$0
I-10 Investment incomePrior year $286$920
I-11 Other revenuePrior year $9,068$27
I-12 Total revenuePrior year $9,354$947
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $389,090$3,435
I-18 Total expensesPrior year $389,090$3,435
I-19 Revenue less expensesPrior year −$379,736−$2,488
Part VI · Governance 6 of 6 board members independent, 3 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $947 across 3 lines filed
VIII-3 Investment incomeExcluded from tax $920$920
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $27$27
VIII-12 Total revenueRelated to mission $27 · Excluded from tax $920$947
Part IX · Statement of functional expenses $3,435 across 3 lines filed
IX-11c Accounting feesManagement $2,875$2,875
IX-11f Investment management feesManagement $450$450
IX-24 Other expenses (24a–d)Management $110$110
IX-25 Total functional expensesPrograms $0 · Management $3,435 · Fundraising $0$3,435
Part X · Balance sheet $116,171 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $24,659$22,171
X-15 Other assetsStart of year $94,000$94,000
X-16 Total assetsStart of year $118,659$116,171
X-26 Total liabilitiesStart of year $4,084$4,084
X-32 Total net assets or fund balancesStart of year $114,575$112,087
X-33 Total liabilities and net assetsStart of year $118,659$116,171
Part XI · Reconciliation of net assets $112,087 net assets at year end
XI-1 Total revenue$947
XI-2 Total expenses$3,435
XI-3 Revenue less expenses−$2,488
XI-4 Net assets at start of year$114,575
XI-10 Net assets at end of year$112,087

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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