POWER OF WILL INC

EIN: 853864250 501(c)(3) Philanthropy & Grantmaking

AUBURN, AL

Total Revenue
$194,337
Total Expenses
$58,727
Total Assets
$230,159
Net Assets
$225,159
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Organization Details

Formation Year
2020
Legal Domicile
AL
Tax Period
2024-01-01 to 2024-12-31

POWER OF WILL INC, founded in 2020, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $194K in total revenue in fiscal year 2024. The organization ran a surplus of $136K, a strong 70% operating margin.

Mission

The mission of The Power of Will is simple - to support and enhance the lives of sarcoma patients and their loved ones. Established in honor of Will Hudson The Power of Will is on a steadfast pursuit to change the narrative for sarcoma patients.

Program Service Accomplishments

Program 1
Expenses: $25,901 Revenue: $0

The Power of Will was established in honor of Will Hudson to support and enhance the lives of sarcoma patients and their loved ones. Will was diagnosed with osteosarcoma at the age of twenty and...

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The Power of Will was established in honor of Will Hudson to support and enhance the lives of sarcoma patients and their loved ones. Will was diagnosed with osteosarcoma at the age of twenty and assumed an active role in his treatment plan. Like many adolescent and young adult cancer patients Wills quality of life was extremely important to him. Will worked closely with his oncology team to discuss what quality of life meant to him as a sarcoma patient in and out of treatment. Will enjoyed going to the movies and dining out with family and friends but his diagnosis did not pause the many expenses that come along with adulthood. Will received support from several foundations that helped him to continue doing the things he liked to do such as planning a fun date night as well as the things he had to do like filling up his gas tank or paying an unexpected medical bill. The Power of Will is dedicated to providing financial assistance to patients like Will so that they can achieve their own quality of life goals. The Power of Will awards up to quarterly Quality of Life Grants up to $500.

Program 2
Expenses: $19,850 Revenue: $0

The Power of Will is committed to funding and supporting like minded organizations in their fight against sarcoma.

Program 3
Expenses: $5,250 Revenue: $0

There is a cure out there and we will not rest until we find it. For nearly 40 years standard of care therapy has not seen much change and progress has slowed with improving outcomes for patients...

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There is a cure out there and we will not rest until we find it. For nearly 40 years standard of care therapy has not seen much change and progress has slowed with improving outcomes for patients. This has a lot to do with a lack of funding for sarcoma research. There are many doctors and scientists who devote much of their careers to this research but they rely on private foundations to fund these efforts. Will is our inspiration and our advocacy for improved treatment options did not end with his passing. At The Power of Will we are committed to finding better and less toxic treatments that may lead to possible cures through funding scientific research.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $191,443
Program Service Revenue $0
Investment Income $2,894
Other Revenue $0
TOTAL REVENUE $194,337

Expense Breakdown

Grants Paid $50,100
Salaries & Benefits $0
Fundraising Expenses $2,311
Program Expenses $51,293
Other Expenses $8,627
TOTAL EXPENSES $58,727

Year-over-Year Comparison

2024 2023 Change
Revenue $194,337 N/A N/A
Expenses $58,727 N/A N/A
Net Income $135,610 N/A N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
15

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
0
$0
Key Employees
3
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sally Hudson President 20.00
Officer Key Emp
$0 $0 $0
Ellie Hudson Vice President 10.00
Officer Key Emp
$0 $0 $0
Joseph Weber Treasurer 5.00
Officer Key Emp
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $194,337 $58,727 $230,159 $135,610
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