Quick charity verification for Michelle Wie Foundation (EIN: 204966923)
Verdict: Michelle Wie Foundation shows mixed signals
45/100Mission Score
$1KRevenue
$53KAssets
4Red Flags
2Strengths
Red Flags
Extremely low and inconsistent revenue (e.g., $1,301 latest revenue, $1,810 in 2022)
Frequent periods where expenses exceed revenue (e.g., 2022: $2,904 expenses vs. $1,810 revenue)
Significant year-over-year revenue volatility (e.g., $28,929 in 2023 vs. $1,301 currently)
Lack of detailed expense breakdown to assess program efficiency
Strengths
Consistent reporting of 0% officer compensation, indicating high transparency in executive pay
Stable asset base (around $53,000-$64,000) despite low operational revenue
Spending Breakdown
How Michelle Wie Foundation allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Michelle Wie Foundation
Is Michelle Wie Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Michelle Wie Foundation (EIN: 204966923) shows mixed signals. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.
Is Michelle Wie Foundation a good charity to donate to?
Michelle Wie Foundation has a Mission Score of 45/100. Revenue: $1K. Assets: $53K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Michelle Wie Foundation?
The Employer Identification Number (EIN) for Michelle Wie Foundation is 204966923. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Michelle Wie Foundation spend its money?
Michelle Wie Foundation allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Michelle Wie Foundation's tax-exempt status?
You can verify Michelle Wie Foundation's tax-exempt status using EIN 204966923 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Michelle Wie Foundation exhibits a concerning pattern of extremely low and inconsistent revenue, with the latest reported revenue at a mere $1,301. While the organization consistently reports zero officer compensation, which is a positive for transparency regarding executive pay, its financial health appears precarious given its minimal operational scale. The foundation's assets have remained relatively stable over the years, currently at $53,419, suggesting some underlying capital, but its ability to generate significant program impact with such limited incoming funds is questionable.
The spending efficiency is difficult to assess precisely without a detailed breakdown of expenses beyond total expenses. However, with total expenses often exceeding revenue in several periods (e.g., $2,904 expenses vs. $1,810 revenue in 2022), the organization appears to be operating at a deficit or relying on prior reserves. The significant drop in revenue from $28,929 in 2023 to $1,301 currently raises questions about its funding stability and future viability. The lack of detailed expense categories in the provided data makes it impossible to determine the exact proportion spent on programs versus administrative or fundraising costs.
Overall, the foundation demonstrates transparency in its executive compensation (reporting 0%), but its financial sustainability and capacity for meaningful program delivery are significant concerns due to its very low and volatile revenue. The consistent asset base, despite low revenue, suggests a conservative approach to spending down capital, but also limits its operational capacity.