The Foundation of the Wall and Ceiling Industry Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- Raising each dollar of donations cost 59 cents.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
TO BE AN ACTIVE, UNBIASED SOURCE OF INFORMATION AND EDUCATION TO SUPPORT THE WALL AND CEILING INDUSTRY.
- Income
- $305,062
- Spending
- $261,872
- Spent on programs
- 69%
- Reserves
- 100.1 months of spending
- Largest source of income
- investment income, 75%
- Employees
- 0
- Volunteers
- 9
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 85 out of 100.
Reserves
35 of 35Spendable reserves would cover 100.1 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 14% of income.
Income trend
15 of 15Income rose 108% on the year before.
Spending floor
0 of 1569% of spending went to programs and raising each dollar of donations cost 59 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 65 out of 100.
Independent board
25 of 259 of 9 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $108,082 spent. PUBLICATIONS - THE FOUNDATION PUBLISHES ONE REPORT EACH YEAR AS PART OF ITS ANNUAL RESEARCH SERIES. THE REPORT IS DISTRIBUTED TO THE AWCI MEMBERSHIP FOR FREE AND MADE AVAILABLE ON THE AWCI WEBSITE FOR FREE.
- $73,435 spent. THE FOUNDATION OF THE WALL AND CEILING INDUSTRY IMPLEMENTED AWCI CARES (CARING ACTION RELIEF FOR EMERGENCY SITUATIONS) TO PROVIDE FINANCIAL ASSISTANCE DURING TIMES OF NEED ARISING FROM SUDDEN ILLNESS, ACCIDENT, DEATH OR HARDSHIP BEYOND INSURANCE OR FINANCIAL CAPABILITIES. GRANTS ARE AVAILABLE TO THE EMPLOYEES AND FAMILIES OF AWCI MEMBER COMPANIES WHO EXPERIENCE A FINANCIAL HARDSHIP CREATED BY UNFORSEEN CIRCUMSTANCES.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 1980.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.