Is Wellesley Media Corporation Legit? —…

Red Flags

Unusually low liabilities relative to assets, which could indicate conservative financial practices or a lack of significant capital investments requiring debt.
Consistent 0% officer compensation, which, while positive for resource allocation, is highly uncommon for an organization of this scale and might warrant further investigation into how leadership is compensated or structured.

Strengths

Strong financial stability with consistent asset growth from $1,978,330 in 2014 to $3,070,695 in 2023.
Excellent spending efficiency indicated by 0% officer compensation across all reported periods.
Low liabilities, consistently under $20,000 in recent years, demonstrating minimal debt burden.
Consistent operational surpluses, with revenues generally exceeding expenses (e.g., $612,791 revenue vs. $485,817 expenses in 2023).
High transparency through consistent IRS 990 filings over 12 periods.

Spending Breakdown

How Wellesley Media Corporation allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

10%

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 Wellesley Media Corporation

Is Wellesley Media Corporation a legitimate charity?

Based on AI analysis of IRS 990 filings, Wellesley Media Corporation (EIN: 113658144) appears trustworthy. Mission Score: 95/100. 2 red flags identified, 5 strengths noted.

Is Wellesley Media Corporation a good charity to donate to?

Wellesley Media Corporation has a Mission Score of 95/100. Revenue: $1.9M. Assets: $3.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Wellesley Media Corporation?

The Employer Identification Number (EIN) for Wellesley Media Corporation is 113658144. 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 Wellesley Media Corporation spend its money?

Wellesley Media Corporation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Wellesley Media Corporation's tax-exempt status?

You can verify Wellesley Media Corporation's tax-exempt status using EIN 113658144 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

Wellesley Media Corporation demonstrates consistent financial health with a steady increase in assets over the past decade, growing from $1,978,330 in 2014 to $3,070,695 in 2023. The organization consistently operates with a surplus, as evidenced by revenues generally exceeding expenses in most years, such as $612,791 in revenue against $485,817 in expenses in 2023. This indicates sound financial management and an ability to build reserves. The organization's liabilities are consistently low, peaking at $42,450 in 2016 but generally remaining under $20,000, suggesting minimal debt burden.

Spending efficiency appears strong, particularly given the reported 0% officer compensation across all filings, which is a significant indicator of resources being directed away from executive salaries and towards operational costs. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the absence of officer compensation suggests a lean operational structure. The consistent revenue generation and asset growth, coupled with low liabilities, point to a well-managed and financially stable entity.

Transparency is high regarding executive compensation, as the 0% officer compensation is clearly stated across all available filings. The consistent filing of IRS Form 990s over 12 periods further demonstrates a commitment to public disclosure. The organization's financial trajectory shows responsible stewardship of resources, with a clear focus on building long-term stability.

Is Wellesley Media Corporation Legit?

Verdict: Wellesley Media Corporation appears trustworthy