Liabilities / Assets
75th percentile
Higher debt load relative to assets than 75% of similar nonprofits.
Williiam H Douglas Foundation
EIN 80-0880233 • 501(c)3 • Beverly Hills, CA
Profile
The primary objectives and purposes of this corporation shall be to provide college career planning and college admissions assistance for moderate to low-income families with academically borderline or below average student-athletes and students. William H. Douglas Foundation enables BIPOC students to pursue social mobility and economic freedom through post-secondary educational access.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.05x
Liabilities / Revenue
93rd percentile
Higher debt load relative to revenue than 93% of similar nonprofits.
Net Margin
4th percentile
Higher net margin than 4% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
27th percentile
Faster asset growth than 27% of similar nonprofits.
Revenue Growth
6th percentile
Faster revenue growth than 6% of similar nonprofits.
Balance Sheet
Assets
Down$81,306
Down $34,767 (-30%) from 2023
Liabilities
Up$3,873
Up $2,986 (+337%) from 2023
Net Assets
Down$77,433
Down $37,753 (-33%) from 2023
Revenue
Down$6,385
Down $107,140 (-94%) from 2023
Expenses
Down$44,138
Down $1,192 (-2.6%) from 2023
Net Income
Down-$37,753
Down $105,948 (-155%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $81,306
- Liabilities
- $3,873
- Net assets
- $77,433
- Revenue
- $6,385
- Expenses
- $44,138
- Net income
- -$37,753
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- May 15, 2025
- Return Version
- 2024v5.1
- Gross Receipts
- $6,385
Mission and Program Overview
Mission
The primary objectives and purposes of this corporation shall be to provide college career planning and college admissions assistance for moderate to low-income families with academically borderline or below average student-athletes and students. William H. Douglas Foundation enables BIPOC students to pursue social mobility and economic freedom through post-secondary educational access.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| William H. Douglas Foundation advocates for students of color and has successfully pushed the needle for WHD Scholars towards greater enrollment, retention, and graduation in post-secondary education and their career. Our scholars that have completed the program get accepted to their top college choices We have created a niche that has garnered the attention and mutual respect from the post-secondary admissions community. WHD Scholars are provided with resources to submit stronger, more competitive college applications. They have gone beyond the statistics in both furthering their education and launching effective careers improving themselves and their communities. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Pennie Douglas | Chairman | FT | $0 | - | - |
| Marcus Mathis | Treasurer | PT | $0 | - | - |
| Donna Weldon | Secretary | PT | $0 | - | - |
| Robert Cain | Director | PT | $0 | - | - |
| Paula Golden | Director | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Williiam H Douglas Foundation
- EIN
- 80-0880233
- Phone
- 9514159756
- Address
- 287 South Robertson Blvd 307, Beverly Hills, CA 90211
Signing Officer
- Name
- Pennie Douglas
- Title
- Chairman
- Signed
- 2025-05-15
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Perfect Cents Accounting Services
- Address
- 7252 Archibald Ave Ste 1177, Rancho Cucamonga, CA 91701
- Preparer
- Kaiesha Davidson
- Phone
- 9095315566
Supplemental Narrative
Additional Explanations
Other Expenses.1001
“Advertising and Promotion $986”
Other Expenses.1002
“Office Expenses $2050”
Other Expenses.1005
“Travel $20846”
Other Expenses.1012
“Insurance $2593”
Other Expenses.1
“Program Staff Costs $5046”
Other Expenses.2
“Meals $3402”
Other Expenses.3
“Program Costs $2200”
Other Expenses.4
“Program Materials $2054”
Other Expenses.5
“Storage Monthly Fee $1354”
Other Expenses.6
“Ultilities $1020”
Other Expenses.7
“Registration Fees $620”
Other Expenses.8
“Professional Development $300”
Other Expenses.9
“Charitable Contribution $250”
Other Expenses.10
“Auto Exp $247”
Other Expenses.11
“Business Purchases $190”
Other Expenses.12
“Licenses $128”
Other Expenses.13
“Reimbursments $53”
Other Assets.1005
“Accounts Receivable - Beginning $795 Accounts Receivable - Ending $795”
Total Liabilities.1001
“Accounts Payable and Accrued Expenses - Beginning $887 Accounts Payable and Accrued Expenses - Ending $0”
Total Liabilities.1
“Credit Cards - Beginning $0 Credit Cards - Ending $3873”
Raw XML Appendix172 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990EZ/Organization501c3Ind | 0 | X |
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| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 795 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 795 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 43339 |
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| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
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| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 10 |
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| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 887 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 3873 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
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| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | www.whdfoundation.org |
| IRS990ScheduleA/CommunityTrustInd | 0 | X |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
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| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 113525 |
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| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 0 |
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| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 119910 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 6385 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 113525 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 119910 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 119910 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Advertising and Promotion $986 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Office Expenses $2050 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Travel $20846 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Insurance $2593 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Program Staff Costs $5046 |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Program Costs $2200 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Program Materials $2054 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Storage Monthly Fee $1354 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Ultilities $1020 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | Registration Fees $620 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | Professional Development $300 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | Charitable Contribution $250 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 13 | Auto Exp $247 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 14 | Business Purchases $190 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 15 | Licenses $128 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 16 | Reimbursments $53 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 17 | Accounts Receivable - Beginning $795 Accounts Receivable - Ending $795 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 18 | Accounts Payable and Accrued Expenses - Beginning $887 Accounts Payable and Accrued Expenses - Ending $0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 19 | Credit Cards - Beginning $0 Credit Cards - Ending $3873 |
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| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1002 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1005 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.1012 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Expenses.3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Expenses.4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Other Expenses.5 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Other Expenses.6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Other Expenses.7 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Other Expenses.8 |
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| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 15 | Other Expenses.12 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 16 | Other Expenses.13 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 17 | Other Assets.1005 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 18 | Total Liabilities.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 19 | Total Liabilities.1 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Pennie Douglas |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Chairman |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-05-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Williiam H Douglas Foundation |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | WILL |
| ReturnHeader/Filer/EIN | 0 | 800880233 |
| ReturnHeader/Filer/PhoneNum | 0 | 9514159756 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 287 South Robertson Blvd 307 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Beverly Hills |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 90211 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 874816044 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Perfect Cents Accounting Services |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 7252 Archibald Ave Ste 1177 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Rancho Cucamonga |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 91701 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9095315566 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Kaiesha Davidson |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2025-05-15T13:08:55-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
Document Assets
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