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Waldo Medical Foundation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$43.2k (2024)

Expenses
$134k (2024)

Total Assets
$131k (2024)

Total Liabilities
$0 (2024)

Years with missing data
Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$43,233
Expenses
$133,682
Net Income
-$90,449
Net Assets
$131,382
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $8,771
20.3%
Sales of Assets $7,742
17.9%
Other Income $26,720
61.8%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $88,352
66.1%
Compensation of Officers* $4,640
3.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $131,382
Total Liabilities $0
Net Assets $131,382
Compensation
Key Employees and Officers Compensation Other
Lance Hulbert (Treasurer/Dir) $4,640 $0
Rex Nilson (President/Dir) $0 $0
Byron Hutchinson (Secretary/Dir) $0 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$85,649
Expenses
$191,111
Net Income
-$105,462
Net Assets
$114,868
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $9,832
11.5%
Sales of Assets $42,334
49.4%
Other Income $33,483
39.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $134,384
70.3%
Compensation of Officers* $43,500
22.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $114,868
Total Liabilities $0
Net Assets $114,868
Compensation
Key Employees and Officers Compensation Other
Rex Nilson (President/Dir) $20,000 $0
Stanley Herschberg (Vice Pres/Dir) $20,000 $0
Lance Hulbert (Treasurer/Dir) $3,500 $0
Byron Hutchinson (Secretary/Dir) $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$113,762
Expenses
$223,976
Net Income
-$110,214
Net Assets
$71,446
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $10,751
9.5%
Sales of Assets $18,194
16.0%
Other Income $84,817
74.6%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $172,840
77.2%
Compensation of Officers* $48,500
21.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $75,371
Total Liabilities $3,925
Net Assets $71,446
Compensation
Key Employees and Officers Compensation Other
Rex Nilson (President/Dir) $25,000 $0
Stanley Herschberg (Vice Pres/Dir) $20,000 $0
Lance Hulbert (Treasurer/Dir) $3,500 $0
Byron Hutchinson (Secretary/Dir) $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$379,844
Expenses
$222,316
Net Income
$157,528
Net Assets
$181,609
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $11,551
3.0%
Sales of Assets $246,593
64.9%
Other Income $121,700
32.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $198,272
89.2%
Compensation of Officers* $48,500
21.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $181,609
Total Liabilities $0
Net Assets $181,609
Compensation
Key Employees and Officers Compensation Other
Rex Nilson (President/Dir) $25,000 $0
Stanley Herschberg (Vice Pres/Dir) $20,000 $0
Lance Hulbert (Treasurer/Dir) $3,500 $0
Byron Hutchinson (Secretary/Dir) $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$143,495
Expenses
$214,685
Net Income
-$71,190
Net Assets
$3,874
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $12,877
9.0%
Sales of Assets $28,846
20.1%
Other Income $101,772
70.9%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $190,193
88.6%
Compensation of Officers* $48,500
22.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $50,175
Total Liabilities $46,301
Net Assets $3,874
Compensation
Key Employees and Officers Compensation Other
Rex Nilson (President/Dir) $25,000 $0
Stanley Herschberg (Vice Pres/Dir) $20,000 $0
Lance Hulbert (Treasurer/Dir) $3,500 $0
Byron Hutchinson (Secretary/Dir) $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$123,460
Expenses
$234,024
Net Income
-$110,564
Net Assets
$75,063
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $14,260
11.6%
Sales of Assets $0
Other Income $109,200
88.4%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $207,322
88.6%
Compensation of Officers* $43,500
18.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $75,063
Total Liabilities $0
Net Assets $75,063

Document Links

Fiscal Year Ending Dec.
2018

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2017

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2015

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$17,098
Expenses
$142,408
Net Income
-$125,310
Net Assets
$372,391
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $17,098
100%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $131,991
92.7%
Compensation of Officers* $43,000
30.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $372,391
Total Liabilities $0
Net Assets $372,391

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$109,623
Expenses
$235,045
Net Income
-$125,422
Net Assets
$457,058
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $16,803
15.3%
Sales of Assets $0
Other Income $92,820
84.7%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $223,906
95.3%
Compensation of Officers* $43,400
18.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $457,058
Total Liabilities $0
Net Assets $457,058

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$112,794
Expenses
$215,101
Net Income
-$102,307
Net Assets
$471,708
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $19,974
17.7%
Sales of Assets $0
Other Income $92,820
82.3%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $200,040
93.0%
Compensation of Officers* $43,000
20.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $471,708
Total Liabilities $0
Net Assets $471,708

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$110,526
Expenses
$180,323
Net Income
-$69,797
Net Assets
$550,515
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $17,130
15.5%
Sales of Assets $0
Other Income $93,396
84.5%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $176,014
97.6%
Compensation of Officers* $43,300
24.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $550,515
Total Liabilities $0
Net Assets $550,515

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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