Quick charity verification for Wetter Foundation (EIN: 201157724)
Verdict: Wetter Foundation appears trustworthy
85/100Mission Score
$428KRevenue
$918KAssets
2Red Flags
4Strengths
Red Flags
Consistent operational deficits (expenses exceeding revenue) in most recent years, indicating reliance on asset drawdowns.
Lack of detailed information on program activities or specific grants made in the provided data, making it difficult to assess direct impact.
Strengths
Zero reported officer compensation, indicating high efficiency in executive overhead.
Strong asset base ($918,142) providing financial stability.
Consistent filing history (10 filings), demonstrating transparency and compliance.
Very low administrative and fundraising costs, suggesting a high percentage of spending goes directly to programs.
Spending Breakdown
How Wetter Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Wetter Foundation
Is Wetter Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Wetter Foundation (EIN: 201157724) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Wetter Foundation a good charity to donate to?
Wetter Foundation has a Mission Score of 85/100. Revenue: $428K. Assets: $918K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Wetter Foundation?
The Employer Identification Number (EIN) for Wetter Foundation is 201157724. 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 Wetter Foundation spend its money?
Wetter Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Wetter Foundation's tax-exempt status?
You can verify Wetter Foundation's tax-exempt status using EIN 201157724 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 Wetter Foundation appears to be a well-established organization with a consistent asset base, currently at $918,142. However, a notable trend in its financial health is that expenses have frequently exceeded revenue in recent years. For instance, in 2023, expenses were $79,657 against revenues of $77,501, and in 2022, expenses were $86,274 while revenues were only $23,799. This consistent deficit spending, while not immediately critical given its substantial assets, suggests a reliance on its endowment rather than operational self-sufficiency from annual contributions. The organization reports 0% officer compensation across all available filings, which indicates a strong commitment to minimizing administrative overhead related to executive pay and suggests that leadership may be volunteer-based or compensated through other means not classified as officer compensation. This practice enhances its spending efficiency by directing more funds towards its mission.