Is The@Michael M Wiseman And Helen A Garten Charitable Foundation Legit?

The Michael M Wiseman And Helen A Garten Charitable Foundation demonstrates consistent financial stability with a healthy asset base relative to its annual revenue. While revenue has fluctuated significantly over the past decade, from a low of $14,646 in 2019 to a high of $302,322 in 2012, the organization has maintained positive net assets, currently standing at $532,040. The foundation consistently reports zero officer compensation, indicating that its leadership is likely unpaid, which is a strong positive for donor confidence and efficiency. The organization's liabilities have consistently been minimal, often reported as $1, suggesting sound financial management and low debt burden. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, it is challenging to fully assess spending efficiency and program focus. The NTEE code T20 suggests a focus on grantmaking, which typically involves lower administrative overhead compared to direct service charities.