Is Wagner Braunsberg Family Foundation Inc…

Quick charity verification for Wagner Braunsberg Family Foundation Inc (EIN: 113373671)

Spending Breakdown

How Wagner Braunsberg Family Foundation Inc allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

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 Wagner Braunsberg Family Foundation Inc

Is Wagner Braunsberg Family Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Wagner Braunsberg Family Foundation Inc (EIN: 113373671) appears trustworthy. Mission Score: 80/100. 2 red flags identified, 3 strengths noted.

Is Wagner Braunsberg Family Foundation Inc a good charity to donate to?

Wagner Braunsberg Family Foundation Inc has a Mission Score of 80/100. Revenue: $512K. Assets: $2.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Wagner Braunsberg Family Foundation Inc?

The Employer Identification Number (EIN) for Wagner Braunsberg Family Foundation Inc is 113373671. 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 Wagner Braunsberg Family Foundation Inc spend its money?

Wagner Braunsberg Family Foundation Inc allocates 85% to programs, 15% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Wagner Braunsberg Family Foundation Inc's tax-exempt status?

You can verify Wagner Braunsberg Family Foundation Inc's tax-exempt status using EIN 113373671 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 Wagner Braunsberg Family Foundation Inc demonstrates consistent financial transparency through its regular IRS 990 filings. The organization has maintained a healthy asset base, currently at $2,179,018, which provides a solid foundation for its operations. However, the foundation has experienced a trend of expenses exceeding revenue in recent years, with 2023 expenses at $336,441 against revenues of $279,875, and 2022 expenses at $275,378 against revenues of $235,549. This indicates a reliance on its existing asset base to cover operational costs, which, if sustained, could gradually erode its financial reserves. The absence of officer compensation reported across all filings is a significant positive indicator of efficient spending and a strong commitment to directing funds towards the mission rather than administrative overhead related to executive salaries.

While the specific breakdown of program, administrative, and fundraising expenses is not explicitly detailed in the provided summary, the zero officer compensation suggests a lean administrative structure. The consistent decline in assets from a high of $2,747,651 in 2015 to $2,179,018 currently, coupled with the recent operating deficits, warrants attention. This trend suggests that the foundation is spending down its endowment or accumulated funds. Further analysis of the detailed 990 forms would be necessary to ascertain the exact allocation of expenses and to confirm the sustainability of its current spending patterns relative to its mission impact.

Overall, the foundation exhibits strong transparency and a commendable lack of executive compensation. The primary area for concern is the recent trend of operating deficits and the gradual reduction in assets, which could impact its long-term financial health if not addressed through increased revenue generation or adjusted spending.

Is Wagner Braunsberg Family Foundation Inc Legit?

Verdict: Wagner Braunsberg Family Foundation Inc appears trustworthy

Red Flags

Strengths